Centennial Resource Development, Inc.

Good morning and welcome to Centennial Resource Development's conference call to discuss its second quarter 2021 earnings. Today's call is being recorded. A replay of the call will be accessible until August 11, 2021 by dialing 855-859-2056 and entering the conference ID number 506 or by visiting Centennial's website at www.cdevinc.com. At this time, I will turn the call over to Hayes Mabry, Centennial's Director of Investor Relations, for his opening remarks. Please go ahead.

Thanks, Marjorie. And thank you all for joining us on the company's second quarter earnings call. Presenting on the call today are Sean Smith, our Chief Executive Officer, George Glyphos, our Chief Financial Officer, and Matt Garrison, our Chief Operating Officer. Yesterday, August 3rd, we filed a Form 8K with an earnings release reporting first quarter earnings results as well as operational results for the company. We also posted an earnings presentation to our website that we will reference during today's call. You can find the presentation on our website homepage or under presentations at www.cdevinc.com. I would like to note that many of the comments during this earnings call are forward-looking statements that involve risk and uncertainties that could affect our actual results and plans. Many of these risks are beyond our control and are discussed in more detail in the risk factors and forward-looking statement sections of our filings with the Securities and Exchange Commission, including our quarterly report on Form 10-Q for the quarter ended June 30, 2021, which will be filed with the SEC later this afternoon. Although we believe the expectations expressed are based on reasonable assumptions, they are not guarantees of future performance, and actual results or developments may differ materially. We may also refer to non-GAAP financial measures that help facilitate comparisons across periods and with our peers. For any non-GAAP measure we use, a reconciliation to the nearest corresponding GAAP measure can be found in our earnings release or presentation, which are both available on our website. With that, I will turn the call over to Sean Smith, our CEO.

Thank you, Hayes. Good morning and welcome to Centennial's second quarter earnings call. On today's call, George will first discuss our quarterly financial results. Matt will then provide an operational update, including recent efficiency improvements and well results. And then I'll follow with our updated financial targets, inventory depth, and provide a high level outlook for the remainder of 2021. With that said, I'll turn the call over to George to review our financial results.