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Cimarex Energy Co (XEC) CEO Thomas Jorden on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 5:42 PM ETCoterra Energy Inc. (CTRA) Stock
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Cimarex Energy Co (XEC) Q1 2020 Earnings Conference Call May 7, 2020 11:00 AM ET

Company Participants

Karen Acierno - VP, IR

Thomas Jorden - Chairman, CEO & President

Mark Burford - SVP & CFO

Conference Call Participants

Arun Jayaram - JPMorgan Chase & Co.

Gabriel Daoud - Cowen and Company

Jeanine Wai - Barclays Bank

Neal Dingmann - SunTrust Robinson Humphrey

Michael Scialla - Stifel, Nicolaus & Company

Michael Hall - Heikkinen Energy Advisors

Jeffrey Campbell - Tuohy Brothers

Brian Downey - Citigroup

Douglas Leggate - Bank of America Merrill Lynch

Richard Tullis - Capital One Securities


Good morning, and welcome to Cimarex First Quarter 2020 Earnings Call. [Operator Instructions].

Now I'd like to turn the conference over to Ms. Karen Acierno, Vice President of Investor Relations. Please go ahead.

Karen Acierno

Thanks, Nick. And good morning, everyone, and thanks for joining our first quarter 2020 conference call. An updated presentation was posted to our website yesterday afternoon. We may reference that presentation on our call today.

Just a reminder, our discussion will contain forward-looking statements. A number of actions could cause actual results to differ materially from what we discuss. You should read our disclosures on forward-looking statements in our news release and in our latest 10-K for the year ended December 31, 2019, for the risk factors associated with our business. We plan to file our 10-Q on Monday, May 11.

We are going to change things up just a little bit today. Our prepared remarks will begin with an overview from our CEO, Tom Jorden, followed by a few comments from Cimarex's CFO, Mark Burford. Also present on the call to answer questions is Blake Sirgo, VP of Operations.

As always, and so that we can accommodate more of your questions during the hour we have

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