Chord Energy Corp (NASDAQ:CHRD) Q3 2023 Earnings Conference Call November 2, 2023 9:00 AM ET

Company Participants

Michael Lou - CFO and EVP

Daniel Brown - President and CEO

Charles Rimer - EVP and COO

Conference Call Participants

Scott Hanold - RBC Capital Markets

John Abbott - Bank of America

Operator

Good morning, and welcome to the Chord Energy’s Third Quarter 2023 Earnings Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Michael Lou, Chief Financial Officer. Please go ahead.

Michael Lou

Thank you, Laura. Good morning everyone. Today, we are reporting our third quarter 2023 financial and operational results. We're delighted to have you on our call. I'm joined today by Danny Brown, Chip Rimer, Richard Robuck, and other members of the team.

Please be advised that our remarks, including the answers to your questions, include statements that we believe to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act.

These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those currently disclosed in our earnings releases and conference calls.

Those risks include, among others, matters that we have described in our earnings releases as well as in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. We disclaim any obligation to update these forward-looking statements.

During this conference call, we will make reference to non-GAAP measures, and reconciliations to the applicable GAAP measures can be found in our earnings releases and on our website. We may also reference our current investor presentation, which you can find on our website.

With that, I'll turn the call over to our CEO, Danny Brown.

Daniel Brown

Thank you, Michael. Good morning everyone and thanks for joining our call. I know this is a very busy morning, and in that vein, I plan to briefly recap our third quarter performance and touch on some of our key organizational initiatives before passing the call on to Michael Lou. He'll give a little more detail on the financials, some additional color on a few other topics, and a small preview of our thoughts for 2024. We'll then open it up to Q&A.

So, with that, yesterday evening, Chord reported third quarter 2023 results and raised our full year production outlook. I'm pleased to announce that third quarter volume significantly exceeded original expectations, driven by both schedule acceleration and continued strong well performance.