Q2 2019 SM Energy Co Earnings Pre-recorded Webcast Discussion Transcript
Welcome to SM Energy's Second Quarter 2019 Financial and Operating Results Webcast. Today's earnings report demonstrates a solid beat versus Street estimates for EPS, EBITDAX and discretionary cash flow.
Before we get started on our prepared remarks, I will direct you to Slide 2 and remind you that we will be making forward-looking statements about our plans, expectations and assumptions regarding future performance. These statements involve risks that may cause our actual results to differ materially from the results expressed or implied in our forward-looking statements. Please refer to the cautionary information about forward-looking statements in today's earnings release, the related presentation posted to our website and the Risk Factors section of our Form 10-K filed earlier this year, and our Form 10-Q filed for this quarter.
Discussion of results for the quarter also includes non-GAAP financial measures that we believe are useful in evaluating our performance. Reconciliation of those measures to the most directly comparable
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