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Laredo Petroleum, Inc. (LPI) CEO Jason Pigott on Q1 2020 Results - Earnings Call Transcript

May 08, 2020 1:24 AM ETVital Energy, Inc. (VTLE)
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Laredo Petroleum, Inc. (LPI) Q1 2020 Results Conference Call May 7, 2020 8:30 AM ET

Company Participants

Ron Hagood - VP, IR

Jason Pigott - President and CEO

Karen Chandler - SVP and COO

Michael Beyer - SVP and CFO

Conference Call Participants

Derrick Whitfield - Stifel

Kashy Harrison - Simmons Energy

Brian Singer - Goldman Sachs

Noel Parks - Coker & Palmer

Richard Tullis - Capital One


Good day, ladies and gentlemen, and welcome to the Laredo Petroleum, Incorporation's First Quarter 2020 Earnings Conference Call. My name is Tawanda and I will be your operator for today. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.

It is now my pleasure to introduce Mr. Ron Hagood, Vice President, Investor Relations. Sir, you may proceed.

Ron Hagood

Thank you and good morning. Joining me today are Jason Pigott, President and Chief Executive officer; Karen Chandler, Senior Vice President and Chief Operations Officer; Michael Beyer, Senior Vice President and Chief Financial Officer; as well as additional members of our management team.

Before we begin this morning, let me remind you that during today's call, we'll be making forward-looking statements. These statements, including those describing our beliefs, goals, expectations, forecast and assumptions, are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company's actual results may differ from these forward-looking statements for a variety of reasons, many of which are beyond our control.

In addition, we'll be making reference to non-GAAP financial measures. Reconciliations to GAAP financial measures are included in yesterday's news release. Yesterday afternoon, the Company issued a news release and presentation detailing its financial and operating results for first quarter 2020. We will refer to the presentation by page

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