2/27/2025

speaker
Operator
Conference Operator

Good morning, ladies and gentlemen, and welcome to the TELUS Energy 4th Quarter 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press the star zero for the operator. This call is being recorded on Thursday, February 27, 2025. I would now like to turn the conference over to Clay Johnson. Head of Investor Relations, you may begin.

speaker
Clay Johnson
Head of Investor Relations

Thank you, Operator. Good morning, everyone, and welcome to our fourth quarter and full year 2024 earnings conference call. Joining me today to discuss our results are Bill Moss, Interim Chief Executive Officer, Co-President and General Counsel, Sergio Myworm, Interim Co-President and Chief Financial Officer, and John Spath, Interim Co-President and Head of Operations. For our prepared remarks, please refer to our fourth quarter 2024 earnings presentation that is available on TALOS' website under the investor relations section for a more detailed look at our results and operations update. Before we start, I'd like to remind you that our remarks will include forward-looking statements subject to various cautionary statements identified in our presentation and earnings release. Actual results may differ materially from those contemplated by the company. Factors that could cause these results to differ materially are set forth in yesterday's press release and our Form 10-K for the period ending December 31, 2024, filed with the SEC. Forward-looking statements are based on assumptions as of today, and we undertake no obligations to update these statements as a result of new information or future events. During this call, we may present GAAP and non-GAAP financial measures. A reconciliation of certain non-GAAP to GAAP measures is included in yesterday's press release, which was furnished with our Form 8K filed with the SEC and is available on our website. And now I'd like to turn the call over to Bill.

speaker
Bill Moss
Interim Chief Executive Officer, Co-President and General Counsel

Thanks, Clay. Good morning, everyone, and thank you for joining us on our call today. I would like to start by providing some brief introductory remarks. I will then turn the call over to Sergio and John for highlights on our financial performance, operational activities, and outlook. We will then open the call up for questions after our prepared remarks. First, I want to express on behalf of management our appreciation and gratitude to our TALIS employees. Your hard work and dedication and your commitment to safety and protection of the environment over the past year has been unwavering. Thank you for all that you do to drive our success and uphold our values. Next, I want to share how excited we are about Paul Goodfellow joining TALIS as our new CEO. Paul's first day in the office will be this coming Monday, March 3rd. He brings over three decades of experience in domestic and international operations. His impressive background includes leading Shell's global deepwater business, overseeing Shell's global drilling completions and well intervention organization, and serving as a key member of the projects and technology and upstream leadership teams and internal audit functions. We are confident that Paul's extensive experience and expertise, especially in deepwater operations, combined with his strategic judgment and proven leadership, will take TALIS to the next level. During his first 100 days at TALIS, Paul intends to identify the key drivers of TALIS' success. He'll be working closely with the leadership team to refine our strategic plan and determine our next steps. And we will announce to you the results of these efforts as soon as they are completed. I will now turn the call over to Sergio to discuss some financial highlights for the fourth quarter and full year, as well as our 2025 operational and financial guidance.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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