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Parsley Energy (PE) Q1 2018 Results - Earnings Call Transcript

May 04, 2018 2:05 PM ETParsley Energy, Inc. (PE)
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Parsley Energy, Inc. (NYSE:PE) Q1 2018 Earnings Call May 4, 2018 9:00 AM ET


Brad C. Smith - Parsley Energy, Inc.

Bryan Sheffield - Parsley Energy, Inc.

Matthew Gallagher - Parsley Energy, Inc.

Ryan Dalton - Parsley Energy, Inc.


Scott Hanold - RBC Capital Markets LLC

Charles A. Meade - Johnson Rice & Co. LLC

John A. Freeman - Raymond James & Associates, Inc.

Asit Sen - Bank of America Merrill Lynch

Irene Haas - Imperial Capital LLC

Matthew Merrel Portillo - Tudor, Pickering, Holt & Co. Securities, Inc.

Michael Anthony Hall - Heikkinen Energy Advisors LLC

Jeff Grampp - Northland Securities, Inc.

Neal D. Dingmann - SunTrust Robinson Humphrey, Inc.

Michael Stephen Scialla - Stifel, Nicolaus & Co., Inc.

Kashy Harrison - Simmons / Piper Jaffray

Daniel Eugene McSpirit - BMO Capital Markets (United States)

Michael Dugan Kelly - Seaport Global Securities LLC

Leo P. Mariani - National Alliance Securities LLC

John Nelson - Goldman Sachs & Co. LLC

Michael A. Glick - JPMorgan Securities LLC

Gail Nicholson - KLR Group LLC


Greetings and welcome to the Parsley Energy First Quarter 2018 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

It's now my pleasure to introduce your host, Brad Smith, Senior Vice President, Strategy and Investor Relations. Please go ahead, sir.

Brad C. Smith - Parsley Energy, Inc.

Thank you, operator, and good morning, everyone. With me this morning are Parsley's Chairman and CEO, Bryan Sheffield; President and COO, Matt Gallagher; and Chief Financial Officer, Ryan Dalton.

During this call, we'll refer to an investor presentation that can be found on our website. Our remarks may contain forward-looking statements. So, please see our earnings release for a discussion of these statements and associated risks, including the fact that actual

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