Marathon Oil Corporation (MRO) Q4 2022 Earnings Call Transcript

Marathon Oil Corporation (NYSE:MRO) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET

Company Participants

Guy Baber - VP of IR

Lee Tillman - Chairman, President and CEO

Dane Whitehead - EVP and CFO

Pat Wagner - EVP, Corporate Development and Strategy

Michael Henderson - EVP, Operations

Conference Call Participants

Jeanine Wai - Barclays

Neal Dingmann - Truist Securities

Douglas Leggate - Bank of America Merrill Lynch

Matthew Portillo - TPH

Subhasish Chandra - Benchmark Company

Nitin Kumar - Mizuho Securities

Neil Mehta - Goldman Sachs

Operator

Good morning. And welcome to the Marathon Oil Fourth Quarter and Full Year 2022 Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. Please note, this event is being recorded.

I would now like to turn the conference over to Guy Baber, Vice President of Investor Relations. Please go ahead.

Guy Baber

Thank you, Anita. And thank you as well to everyone for joining us on the call this morning. Yesterday after the close, we issued a press release, a slide presentation and investor packet that addressed our fourth quarter and full year 2022 results, as well as our 2023 outlook. These documents can be found on our website @marathonoil.com.

Joining me on today’s call are Lee Tillman, our Chairman, President and CEO; Dane Whitehead, our Executive VP and CFO; Pat Wagner, our Executive VP of Corporate Development and Strategy; and Mike Henderson, our Executive VP of Operations.

As a reminder, today’s call will contain forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. As always I will refer everyone to the cautionary language included in the press release and presentation materials, as well as to the risk factors described in our SEC filings.

We will also reference certain non-GAAP terms in today’s discussion, which have been reconciled and defined in our earnings materials.

With that, I will turn the call over to Lee and the rest of the team, who will provide prepared remarks. After the completion of these remarks, we will move to question-and-answer session. Lee?

Lee Tillman

Thank you, Guy, and good morning to everyone listening to our call today. First, I want to thank our employees and contractors for their collective contributions to another remarkable year. A year that can only be described as comprehensive delivery against all dimensions of our well established framework for success. Your dedication and hard work, as well as your steadfast commitment to our core values, including safety and environmental excellence that made it possible -- that made possible the exceptional results I get to talk about today. So thank you.