Diamondback Energy, Inc. (NASDAQ:FANG) Q4 2023 Earnings Conference Call February 21, 2024 9:00 AM ET

Company Participants

Adam Lawlis – VP, IR

Travis Stice – Chairman & CEO

Kaes Van’t Hof – President & CFO

Danny Wesson – EVP & COO

Conference Call Participants

Neal Dingmann – Truist Securities

David Deckelbaum – TD Cowen

Neil Mehta – Goldman Sachs

Arun Jayaram – JPMorgan Securities

Derrick Whitfield – Stifel

Roger Read – Wells Fargo

Jeoffrey Lambujon – TPH & Co.

Paul Cheng – Scotiabank

Leo Mariani – ROTH MKM

John Abbott – Bank of America


Good day and thank you for standing by. Welcome to the Diamondback Energy Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Adam Lawlis, VP of Investor Relations. Please go ahead.

Adam Lawlis

Thank you, Daniel. Good morning, and welcome to Diamondback Energy’s fourth quarter 2023 conference call.

During our call today, we will reference an updated investor presentation and Letter to Stockholders, which can be found on Diamondback’s website. Representing Diamondback today are Travis Stice, Chairman and CEO; Kaes Van’t Hof, President and CFO; and Danny Wesson, COO.

During this conference call, the participants may make certain forward-looking statements relating to the company’s financial condition, results of operations, plans, objectives, future performance and businesses. We caution you that actual results could differ materially from those that are indicated in these forward-looking statements due to a variety of factors. Information concerning these factors can be found in the company’s filings with the SEC.

In addition, we will make reference to certain non-GAAP measures. The reconciliations with

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