ConocoPhillips 2021 Market Update Transcript

Jun 30, 2021 / 02:00PM GMT
Operator

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.

Ellen DeSanctis - ConocoPhillips - SVP, Corporate Relations

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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