Crescent Energy Company (CRGY) Q1 2025 Earnings Call

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WEBVTT 00:00:01.162 -- 00:00:04.568 Greetings and welcome to the Crescent Energy Q1 2025 00:00:04.568 -- 00:00:09.016 Results Conference Call. At this time, all participants are in a listen-only mode. 00:00:09.016 -- 00:00:12.342 A question and answer session will follow the formal presentation. 00:00:12.342 -- 00:00:15.928 If anyone should require operator assistance, please press star zero and your telephone 00:00:15.928 -- 00:00:19.514 keypad. As a reminder, this conference is being recorded. 00:00:19.514 -- 00:00:23.581 It is now my pleasure to introduce your host, Reid Gallagher, Investor Relations. 00:00:23.581 -- 00:00:24.122 Thank you. 00:00:24.122 -- 00:00:26.383 You may begin. 00:00:27.638 -- 00:00:32.143 Good morning, and thank you for joining Crescent's first quarter 2025 conference call. 00:00:32.143 -- 00:00:36.569 Today's prepared remarks will come from our CEO, David Rocacharli, and our CFO, Brandy 00:00:36.569 -- 00:00:40.994 Kendall. Our Executive Vice President of Investments, Clay Rind, will also be available 00:00:40.994 -- 00:00:45.299 during Q&A. Today's call may contain projections and other forward-looking statements 00:00:45.299 -- 00:00:47.903 within the meaning of the federal securities laws. 00:00:47.903 -- 00:00:52.288 These statements are subject to risks and uncertainties, including commodity price volatility, 00:00:52.288 -- 00:00:57.993 global geopolitical conflict, our business strategies, and other factors that may cause 00:00:59.330 -- 00:01:03.937 and our other disclosures. We have no obligation to update any forward-looking statements 00:01:03.937 -- 00:01:08.224 after today's call. In addition, today's discussion may include disclosure regarding 00:01:08.224 -- 00:01:12.851 non-GAAP financial measures. For reconciliation of his...