Cimarex Energy Co. (XEC) CEO Tom Jorden on Q2 2020 Results - Earnings Call Transcript

Aug. 06, 2020 5:19 PM ETCoterra Energy Inc. (CTRA) StockCTRA
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Q2: 2020-07-30 Earnings Summary

EPS of $0.05 beats by $0.03
 | Revenue of $332.35M (-37.78% Y/Y) beats by $30.38M

Cimarex Energy Co. (XEC) Q2 2020 Earnings Conference Call August 6, 2020 11:00 AM ET

Company Participants

Karen Acierno - Vice President, Investor Relations
Tom Jorden - President and Chief Executive Officer
Mark Burford - Senior Vice President and Chief Financial Officer
Blake Sirgo - Vice President of Operations
John Lambuth - Executive Vice President of Exploration

Conference Call Participants

Gabriel Daoud - Cowen and Company
Arun Jayaram - JPMorgan Chase & Co
Jeanine Wai - Barclays Bank
Nitin Kumar - Wells Fargo Securities
David Heikkinen - Heikkinen Energy Advisors
Douglas Leggate - Bank of America Merrill Lynch
Matt Portillo - Tudor, Pickering, Holt & Co
Michael Scialla - Stifel, Nicolaus & Company
Neal Dingmann - Truist Securities
Brian Singer - Goldman Sachs
Leo Mariani - KeyBanc

Operator

Good morning, and welcome to Cimarex Second Quarter 2020 Earnings Release Conference Call. [Operator Instructions] Please note this event is being recorded. I'd now like to turn the conference over to Karen Acierno, VP of Investor Relations. Please go ahead.

Karen Acierno

Thanks Danielle, and good morning, everyone. Once again welcome to our second quarter 2020 conference call. An updated presentation was posted to our website yesterday afternoon. You may reference that presentation on our call today.

So just as 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 Friday, August 7.

Our prepared remarks will begin with an overview from our CEO, Tom Jorden, followed by a few comments from Cimarex's CFO, Mark Burford. Blake Sirgo, VP of Operations will then provide a

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