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SandRidge Energy, Inc.
8/3/2023
Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference operator today. At this time, I would like to welcome everyone to the Sandbridge Energy second quarter 2023 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question at that time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star 1. Thank you. It is now my pleasure to turn today's call over to Scott Prestridge, Vice President of Finance and Treasury. Sir, please go ahead.
Thank you, and welcome, everyone. With me today are Grayson Prannon, our CEO and COO, Talat Gamudi, our CFO and CAO, as well as Dean Parrish, our SVP of Operations. We would like to remind you that today's call contains forward-looking statements and assumptions, which are subject to risk and uncertainty, and the actual results may differ materially from those projected in these forward-looking statements. We may also refer to adjusted EBITDA and adjusted G&A and other non-GAAP financial measures. Reconciliations of these measures can be found on our website.
With that, I'll turn the call over to Grayson. Thank you and good morning. I'm pleased to report on a good quarter of results that the company's efficient activity continues to translate to meaningful free cash flow from our producing assets year to date. And the announcement of a regular quarterly cash dividend of $0.10 per share, first payable in August 2023, subject to quarterly approval by the Board of Directors, and a $2 per share one-time cash dividend that was paid on June 7th, 2023. Before expanding on this, Bob will touch on a few highlights.
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