ConocoPhillips 2021 Market Update Transcript
Welcome to the ConocoPhillips Market Update Conference Call. My name is Rey, and I will be your operator for today. Please note that this conference is being recorded. I will now turn the call over to Ellen DeSanctis. Ellen, you may begin.
Thank you, Rey, and greetings to our participants. We appreciate your interest in ConocoPhillips. Today's market update will consist of a one-hour and 15-minute presentation followed by a Q&A session. The presentation materials have been posted to our website.
Before I describe today's agenda, I have a few important reminders starting with our cautionary statement on Slide 2. Today's update will provide a 10-year outlook for our business based on $50 per barrel WTI at 2020 prices, escalated at 2% annually as are costs and capital. This is one of several premises in today's plan. Actual results could differ materially from the projections and forward-looking statements made during this call. The risks and uncertainties in our future performance are
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