Devon Energy Corporation (DVN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

is being recorded. I'd now like to turn the call over to Mrs. Rosie Zuclick, Vice President of Investor Relations. You may begin. Good morning, and thank you for joining us on the call today. Last night, we issued Devin's second quarter earnings release and presentation materials. Throughout the call today, we will make references to these materials to support prepared remarks. The release and slides can be found in the investor section of the Devin website. Joining me on the call today are Clay Gaspar, President and Chief Executive Officer, Jeff Rittenhour, Chief Financial Officer, John Raines, SVP Asset Management, Tom Hellman, SVP E&P Operations, and Trey Lowe, SVP Technology and Chief Technology Officer. As a reminder, this conference call will include forward-looking statements as defined under U.S. Securities Law. These statements involve risks and uncertainties that may cause actual results to differ materially from our forecast. Please refer to the cautionary language and risk factors provided in our SEC filings and earnings materials. With that, I'll turn the call over to Clay. Thank you, Rosie. Good morning, everyone. Thank you for joining us today. Devon delivered another quarter of production outperformance, capital reduction, and improved 2025 outlook, driven by our unwavering commitment to operational excellence and financial discipline. Our strategic priorities on slide three remain steadfast. operational excellence, advantaged asset portfolio, maintaining financial strength, delivering value to shareholders, and cultivating a culture to succeed. Amid market volatility, our veteran leadership team is not distracted by the headline or tweet du jour. We keep our eyes focused on the larger macro signals, and we've guided our team's energy towards controll...