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Newfield Exploration (NFX) CEO Lee Boothby on Q3 2017 Results - Earnings Call Transcript

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Newfield Exploration Company (NYSE:NFX) Q3 2017 Earnings Conference Call November 1, 2017 11:00 AM ET


Steve Campbell – Vice President of Investor Relations

Lee Boothby – Chairman and Chief Executive Officer


Dave Kistler – Simmons, Piper Jaffray

Josh Silverstein – Wolfe Research

Derrick Whitfield – Stifel

Ron Mills – Johnson Rice

Subash Chandra – Guggenheim

Brian Singer – Goldman Sachs

John Herrlin – Societe Generale

Richard Tullis – Capital One Securities

David Deckelbaum – KeyBanc

Leo Mariani – NatAlliance Securities


Good day everyone. Welcome to the Newfield Exploration Third Quarter 2017 Earnings Conference. For opening remarks and other housekeeping items, I will turn the conference over to Steve Campbell, Vice President of Investor Relations. Please go ahead.

Steve Campbell

Thank you, operator, and good morning, everyone. A few of us are still assembled in our Halloween costumes from late last night, but we appreciate you guys dialing in for today’s call. Following this morning’s prepared remarks from our Chairman and CEO, Lee Boothby, we’ll have members of our leadership team available to take your questions. As always please limit your time during Q&A to one question and one follow-up.

Let me again remind you today that today’s call is being recorded and will be available on our website, along with our earnings release, the financial tables and non-GAAP reconciliations as well as @NFX. We will reference certain non-GAAP measures, so please see the reconciliation in our earnings release and in @NFX. Today’s discussion will contains forward-looking estimates and assumptions that are based on our current views and reasonable expectations.

In summary, statements in yesterday’s news release and @NFX and on this conference call today regarding our expectations or predictions of the future are forward-looking statements intended to be covered by the Safe Harbor provisions under the Federal Securities Laws. There

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