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SRC Energy's (SRCI) CEO Lynn Peterson on Q2 2018 Results - Earnings Call Transcript

Aug. 04, 2018 3:00 AM ETSRC Energy Inc. (SRCI)
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SRC Energy, Inc. (NYSEMKT:SRCI) Q2 2018 Earnings Conference Call August 2, 2018 11:00 AM ET


Lynn Peterson – Chief Executive Officer

Jimmy Henderson – Chief Financial Officer

Mike Eberhard – Chief Operating Officer

Nick Spence – Executive Vice President and Chief Development Officer

John Richardson – Manager-Investor Relations


Gabe Daoud – JPMorgan

Welles Fitzpatrick – SunTrust

Irene Haas – Imperial Capital

David Deckelbaum – KeyBanc Capital Markets

Brian Corales – Johnson Rice & Co

Kyle Bickel – Stifel

Oliver Huang – Tudor, Pickering & Holt

Dan McSpirit – BMO Capital Markets

Kashy Harrison – Simmons Piper Jaffray


Greetings, and welcome to the SRC Energy Incorporated 2018 Second Quarter Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, John Richardson, IR Manager. Please go ahead, sir.

John Richardson

Good morning, everyone. This is John Richardson, SRC's Investor Relations Manager. Thank you for joining us to discuss SRC's second quarter results for the period ended June 30, 2018.

With me today is SRC’s CEO, Lynn Peterson; CFO, Jimmy Henderson; and Chief Operations Officer, Mike Eberhard; and Chief Development Officer, Nick Spence, who will also be available to answer questions during the Q&A session.

Please be advised that our remarks today, including answers to your questions include 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 include risks relating to commodity prices, competition, technology, environmental and regulatory compliance and others described in our filings with the Securities and Exchange Commission, which are incorporated by reference.

We disclaim any obligation to update these forward-looking statements. In addition, we may provide certain non-GAAP

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