EOG Resources, Inc. (EOG) Management presents at JP Morgan's Fifth Annual Energy Conference (Transcript)

EOG Resources, Inc. (NYSE:EOG) JP Morgan's Fifth Annual Energy Conference June 16, 2020 8:00 AM ET

Company Participants

Billy Helms - Chief Operating Officer

Conference Call Participants

Arun Jayaram - JPMorgan

Operator

Good morning. And welcome to JP Morgan's Fifth Annual Energy Conference, but maiden voyage in a virtual format. My name is Arun Jayaram, Head of the U.S. E&P Research at JP Morgan. We're delighted to have EOG Resources to kick off this year's conference. EOG has been one of the leaders in value creation in U.S. shale, harnessing its premium drilling strategy. Presenting for EOG is the company's Chief Operating Officer Billy Helms, is going to elaborate on the company's key strategic steps to emerge from the downturn in a stronger position.

With that I'll turn it over to Billy to kick off the E&P presentations at our conference. Billy?

Billy Helms

All right. Thank you, Arun. And find to be at your first inaugural virtual meeting. Thanks to you and your team for everything you do. And also thanks to everybody for listening in. Hope everybody is safe and doing well and wherever you are, if you're at home or at work. First of all, on the first slide hopefully you see the slides are, as they are up. The title of this presentation is Sustainable Success. Certainly, I think EOG has demonstrated a history of being returns focused, disciplined on our investments, being able to continually get better decentralized organization that's able to react quickly. And certainly we have done so in this pandemic.

If you move to the next slide, actually you can skip to slide 3, we don't need to go through the all the legal clarifications. So on slide 3, certainly don't need to talk about the environment that we're currently in. The enormous demand destruction brought on