ConocoPhillips Market Update Conference Call Transcript
Welcome to the ConocoPhillips Market Update Call. My name is Hilda, and I will be your operator for today. (Operator Instructions) Please note that this conference is being recorded. I will now turn the call over to Ellen DeSanctis. Ellen, you may begin.
Good morning to our listeners. Thanks for joining us today to discuss this morning's press release in which we describe some further actions the company is taking in response to current market conditions. Recall we announced an initial set of actions on March 18. Like then, we're hosting a call today to discuss our rationale behind these actions and to give you a chance to ask questions of our senior leaders.
Our speakers today will be Ryan Lance, our Chairman and CEO; Matt Fox, our Chief Operating Officer; and Don Wallette, our Chief Financial Officer. We don't have any slides this morning, but we will post a replay of this call as soon as it's available.
One ground rule today, this call will address only the items from today's
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