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Concho Resources (CXO) Q2 2018 Results - Earnings Call Transcript

Aug. 02, 2018 1:13 PM ETConcho Resources Inc. (CXO)
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Concho Resources, Inc. (NYSE:CXO) Q2 2018 Earnings Call August 2, 2018 9:00 AM ET


Megan P. Hays - Concho Resources, Inc.

Timothy A. Leach - Concho Resources, Inc.

Jack F. Harper - Concho Resources, Inc.

C. William Giraud - Concho Resources, Inc.


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

Robert Scott Morris - Citigroup Global Markets, Inc.

Brian Singer - Goldman Sachs & Co. LLC

Doug Leggate - Bank of America Merrill Lynch

Michael Dugan Kelly - Seaport Global Securities LLC

Michael Anthony Hall - Heikkinen Energy Advisors LLC

Neal D. Dingmann - SunTrust Robinson Humphrey, Inc.

Charles A. Meade - Johnson Rice & Co. LLC

Michael McAllister - MUFG Securities America, Inc.

Arun Jayaram - JPMorgan Securities LLC

Derrick Whitfield - Stifel, Nicolaus & Co., Inc.

Richard Merlin Tullis - Capital One Securities, Inc.


Good day, ladies and gentlemen, and welcome to the Concho Resources Second Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we'll conduct a question-and-answer session and instructions will follow at that time. As a reminder, this call may be recorded.

I would now like to introduce your host for today's conference, Ms. Megan Hays. Ma'am, you may begin.

Megan P. Hays - Concho Resources, Inc.

Thank you. Good morning and welcome to Concho's second quarter 2018 earnings call. I'm joined today in Midland by Tim Leach, Chairman and CEO; Jack Harper, President and CFO; and Will Giraud, Executive Vice President; as well as members of the Concho senior management team.

Our earnings release and corporate presentation are both available on our website and we plan to file our Quarterly Report on Form 10-Q today after market close.

Please note that we will make forward-looking statements based on current expectations this morning. Also, some of

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