Chord Energy Corporation (NASDAQ:CHRD) Chord Energy Strategic Combination with Enerplus and Q4 2023 Earnings Conference Call February 21, 2024 6:00 PM ET

Company Participants

Michael Lou – Executive Vice President and Chief Financial Officer, Chord Energy

Danny Brown – President and Chief Executive Officer, Chord Energy

Ian Dundas – President and Chief Executive Officer, Enerplus

Darrin Henke – Executive Vice President and Chief Operating Officer

Conference Call Participants

Derrick Whitfield – Stifel

Neal Dingmann – Truist Securities

Oliver Huang – TPH

David Deckelbaum – TD Cowen

John Abbott – Bank of America

Kevin MacCurdy – Pickering Energy Partners

Operator

Good afternoon, ladies and gentlemen, and welcome to the Chord Energy Announces Combination with Enerplus Conference Call. At this time all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Wednesday, February 21, 2024.

And I would now like to turn the conference over to Mr. Michael Lou. Please go ahead.

Michael Lou

Thank you. Good evening, everyone. Thank you for joining the call. Today, we will be discussing the business combination between Chord Energy and Enerplus and also touching on fourth quarter 2023 financial and operational results. With me on the call are Danny Brown, President and Chief Executive Officer of Chord Energy; as well as Ian Dundas, President and Chief Executive Officer of Enerplus; as well as 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 and forward-looking information within the meaning of applicable laws. 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 joint press release announcing the transaction and Chord's earnings releases as well as in our filings with the Securities and Exchange Commission. 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 Chord's earnings releases and on its website. We may also reference our current investor presentation, which you can also find on our website.

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

Danny Brown

Thanks, Michael, and thanks, everyone, for joining our call today on such short notice. We're very excited to announce that Chord Energy and Enerplus had [Audio Gap] which Chord will combine with Enerplus to form a premier Williston Basin company. We view today's announcement as the next logical step for both companies as we create a stronger, more sustainable organization that we believe is positioned for continued performance and long-term growth. I plan to spend some time commenting on the merits of the deal before turning it over to Ian for some additional thoughts.