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Extraction Oil & Gas' (XOG) CEO Mark Erickson on Q4 2017 Results - Earnings Call Transcript

Mar. 02, 2018 8:28 PM ETCivitas Resources, Inc. (CIVI)
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Extraction Oil & Gas, Inc. (XOG) Q4 2017 Earnings Conference Call February 28, 2018 10:00 AM ET


Louis Baltimore - Director of Investor Relations

Mark Erickson - Chairman and Chief Executive Officer

Matthew Owens - President

Russell Kelley - Chief Financial Officer

Tom Brock - Chief Accounting Officer

Eric Jacobsen - Senior Vice President, Operations


Welles Fitzpatrick - SunTrust

Paul Grigel - Macquarie

David Deckelbaum - KeyBanc

Jeoffrey Lambujon - Tudor, Pickering, Holt & Co

Irene Haas - Imperial Capital

Brad Heffern - RBC Capital Markets

Marshall Carver - Heikkinen

Jeffrey Campbell - Tuohy Brothers

Jeanine Wai - Citigroup


Good morning. I am Chelsea, and I will be your conference facilitator today. I would like to welcome everyone to the Extraction Oil & Gas Fourth Quarter 2017 Financial and Operating Results Conference Call. All lines have been placed on mute to prevent any background noise [Operator Instructions].

Please be advised that the remarks today, including answers to your questions, include statements that Company believes 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 anticipated. Those risks include, among others, matters that the Company described in its financial and operating results, news release issued yesterday and in its filings with the Securities and Exchange Commission.

Extraction disclaims any obligation to update these forward-looking statements. While the Company believes these forward-looking statements are reasonable, they are subject to factors, such as commodity prices, competition, technology, and environmental and regulatory compliance. The Company's drilling schedules, capital plans and other factors may cause its results to differ materially.

I would now like to turn the call over to Louis Baltimore, Extraction's Director of Investor Relations.

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