WPX Energy, Inc. (WPX) CEO Rick Muncrief on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 4:06 PM ETWPX Energy, Inc. (WPX) StockWPX
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WPX Energy, Inc. (WPX) Q1 2020 Earnings Conference Call May 7, 2020 10:00 AM ET

Company Participants

David Sullivan - VP of IR
Rick Muncrief - Chairman and CEO
Clay Gaspar - President and COO
Kevin Vann - CFO
Greg Horne - VP, Midstream and Marketing

Conference Call Participants

Jeff Grampp - Northland Capital Markets
Brian Downey - Citigroup
Leo Mariani - Keybanc
Neal Dingmann - SunTrust
Derrick Whitfield - Stifel
Kashy Harrison - Simmons Energy
Brian Singer - Goldman Sachs
William Thompson - Barclays Bank
Gail Nicholson - Stephens Research
Matt Portillo - Tudor, Pickering, Holt

Operator

Ladies and gentlemen, thank you for standing by. And welcome to the Q1 2020 WPX Energy Incorporated Earnings Conference Call. [Operator Instructions]

I would now like to turn the conference over to your speaker for today, Mr. David Sullivan, Vice President of Investor Relations. Sir you may begin your conference.

David Sullivan

Thank you. Good morning, everybody. Welcome to the WPX Energy first quarter 2020 update. We appreciate your interest in WPX Energy.

Due to the macro-environment we are changing the presentation format this quarter. Rick Muncrief, our Chairman and CEO will present the prepared and slide presentation; Clay Gaspar, our President and COO; and Kevin Vann, our CFO, and other members of the senior management team will be available for questions after the presentation.

On our website, wpxenergy.com, you can find today's presentation and press release that was issued after the market closed yesterday. Also our Q will be filed later today. Please review the forward-looking statement and the disclaimer on oil and gas reserves at the end of the presentation. They are important and integral to our remarks, so please review them.

So with that, Rick, I'll turn it over to you.

Rick Muncrief

Thank you, David. And good morning to everyone

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