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Diamondback Energy, Inc. (FANG) CEO Travis Stice on Q1 2021 Results - Earnings Call Transcript

May 04, 2021 1:34 PM ETDiamondback Energy, Inc. (FANG)
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Diamondback Energy, Inc. (NASDAQ:FANG) Q1 2021 Earnings Conference Call May 4, 2021 9:00 AM ET

Company Participants

Adam Lawlis - VP, IR

Travis Stice - CEO & Director

Daniel Wesson - EVP, Operations

Kaes Van’t Hof - CFO & EVP, Business Development

Conference Call Participants

Neal Dingmann - Truist Securities

Arun Jayaram - JPMorgan Chase & Co.

Neil Mehta - Goldman Sachs Group

Doug Leggate - Bank of America Merrill Lynch

Gail Nicholson - Stephens Inc.

David Deckelbaum - Cowen and Company

Derrick Whitfield - Stifel, Nicolaus & Company

David Heikkinen - Heikkinen Energy Advisors

Leo Mariani - KeyBanc Capital Markets

Richard Tullis - Capital One Securities

Charles Meade - Johnson Rice & Company

Paul Cheng - Scotiabank


Ladies and gentlemen, thank you for standing by, and welcome to the Diamondback Energy First Quarter 2021 Earnings Conference Call. [Operator Instructions].

I would now like to hand the conference over to your speaker, Adam Lawlis, Vice President of Investor Relations. Please go ahead.

Adam Lawlis

Thank you, Phyllis. Good morning and welcome to Diamondback Energy's First Quarter 2021 Conference Call. During our call today, we will reference an updated investor presentation, which can be found on Diamondback's website. Representing Diamondback today are Travis Stice, CEO; and Kaes Van't Hof, CFO.

During this conference call, the participants may make certain forward-looking statements relating to the company's financial condition, results of operations, plans, objectives, future performance and businesses. We caution you that actual results could differ materially from those that are indicated in these forward-looking statements due to a variety of factors. Information concerning these factors can be found in the company's filings with the SEC.

In addition, we will make reference to certain non-GAAP measures. The reconciliations with the appropriate GAAP measures can be found in our earnings release issued yesterday afternoon. I'll now

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