Diamondback Energy, Inc.

Good day, ladies and gentlemen, and welcome to the Diamondback Energy first quarter 2020 earnings conference call. This time all participants' lines are in a listen-only mode. After the speaker's presentation, there will be a question and answer session, and to ask a question during the session, you need to press star one on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star zero. And as a reminder, this conference is being recorded. I would now like to introduce your host for today's conference, Adam Lawless, Vice President, Investor Relations. Sir, you may begin.

Thank you, Chris.

Good morning, and welcome to Diamondback Energy's first quarter 2020 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 Dice, CEO, and Kate Banthoff, 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 indicating 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 turn the call over to Travis Sykes.