Matador Resources Company

Good morning, ladies and gentlemen. Welcome to the third quarter 2024 Matador Resources Company Earnings Conference Call. My name is Gigi, and I'll be serving as the operator for today. At this time, all participants are in a listen-only mode. We will facilitate a question and answer session at the end of the company's remarks. As a reminder, this conference is being recorded for replay purposes. And the replay will be available on the company's website for one year, as discussed in the company's earnings press release issued yesterday. I will now turn the call over to Mr. Mack Schmitz, Senior Vice President, Investor Relations for Matador. Mr. Schmitz, you may proceed.

Thank you, Gigi. Good morning, everyone, and thank you for joining us for Matador's third quarter 2024 earnings conference call. Some of the presenters today will reference certain non-GAAP financial measures regularly used by Matador Resources in measuring the company's financial performance. Reconciliations of such non-GAAP financial measures with the comparable financial measures calculated in accordance with GAAP are contained at the end of the company's earnings press release. As a reminder, certain statements included in this morning's presentation may be forward-looking and reflect the company's current expectations or forecasts of future events based on the information that is now available. Actual results and future events could differ materially from those anticipated in such statements. Additional information concerning factors that could cause actual results to differ materially is contained in the company's earnings release and its most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. In addition to our earnings press release issued yesterday, I would like to remind everyone that you can find a slide presentation in connection with the third quarter 2024 earnings release under the investor relations tab on our website. And with that, I would now like to turn the call over to Mr. Joe Foran, our founder, chairman, and CEO. Joe?

Thank you, Mac. It's great to be with everybody again, the analysts and others, for this question and answer time. And we want to be sure to talk about the matters that are most important to you. Things I'd like to emphasize here are first is that we've got a lot of questions about the Meridev acquisition. It's being integrated very well. It's ahead of schedule and doing better than expected. The same thing throughout the company. All the teams have worked in their areas, as you will hear from the various answers to your questions. that each of the departments are contributing to the good performance that we had this quarter. And I'm very proud and pleased the way everybody is working together and helping each other and coordinating these things because each department is not an island but works with the other departments. And it sounds corny, but it's really nice to see everybody working together and helping each other. uh as as events unfold uh and it was a big quarter for us uh we did the merit dev we did a bond offering two bond offerings we did a stock offering uh all these things came to pass and we drilled some very exciting wells that we think are setting up 2025 so the bottom line my message is if you like this quarter, I think you'll like the fourth quarter even better. So with that, I turn it back to you, Gigi, and we'll take the first question.