SandRidge Energy, Inc.

Good afternoon and welcome to Sandridge Energy's first quarter 2025 earnings conference call. All participants are in a listen only mode. After the speaker's remarks, we will conduct a question and answer session. To ask a question at this time, you'll need to press star followed by the number one on your telephone keypad. As a reminder, this conference call is being recorded. I would now like to turn the call over to Scott Prestridge, SVP of Finance and Strategy. Please go ahead.

Thank you and welcome everyone. With me today are Grayson Prannon, our CEO, Jonathan Freitas, our CFO, Brandon Brown, our CAO, as well as Dean Parrish, our COO. We would like to remind you that today's call contains forward-looking statements and assumptions, which are subject to risk and uncertainty, and actual results may differ materially from those projected in these forward-looking statements. These statements are not guarantees of future performance and our actual results may differ materially due to known and unknown risks and uncertainties as discussed in greater detail in our earnings release and our SEC filings. We may also refer to adjusted EBITDA and adjusted GNA 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 afternoon. I'm pleased to report on a positive quarter for the company. In the first quarter, total production averaged nearly 18 MBOE per day, an increase of approximately 17% on a BOE basis and 30% on an oil basis, as well as roughly 40% increase in revenue and EBITDA relative to the same period last year. benefited from a prior Cherokee acquisition and improved commodity price realization. Before expanding on this, Jonathan will touch on a few key highlights. Thank you, Grayson.