Good afternoon and welcome to SM Energy’s Third Quarter 2024 Results Webcast. Before we get started on our prepared remarks, I remind you that our discussion today will include forward-looking statements. I direct you to Slide 2 of the accompanying slide deck, Page 6 of the accompanying earnings release, and the Risk Factors section of our most recently filed 10-K, which describe risks associated with forward-looking statements that could cause actual results to differ. We will also discuss non-GAAP measures and metrics. Definitions and reconciliations of non-GAAP measures and metrics, to the most directly comparable GAAP measures, and discussion of forward-looking non-GAAP measures, can be found in the back of the slide deck and earnings release. Today’s prepared remarks will be given by our President and CEO, Herb Vogel, and our CFO, Wade Pursell. I will now turn the call over to Herb.

Thank you, Jennifer. Good afternoon and thank you for your interest in SM Energy. We're pleased to report another consecutive quarter of excellent operational execution that delivered financial results exceeding expectations. This was achieved while also closing the Utah acquisitions and completing a number of financial transactions, which combined results in a step change in scale with a very strong balance sheet. Truly excellent performance from all. Turning to Slide 5. As I do each quarter, I will speak to progress we are making on our core objectives for the year. I'll start with our objective to expand our high quality, low breakeven cost portfolio. With the close of the Uinta acquisitions on October 1st, we have now made a step change in the scale of our operations, which begins here in the fourth quarter. As a reminder, we have increased core acreage by more than 93,000 net acres or by about 40% over the past year plus. With the close of the Utah acquisitions, we added 63,300 net acres, extended our inventory life by 3 plus years and we will see an increase in net oil production of around 40% sequentially at the midpoint of guidance. In short, we are very excited about our expansion in the Utah and we'll speak more about that in a few minutes. The second core objective is to focus on operational execution to deliver high returning wells. We seem to be knocking this one out of the park with a nice third quarter production beat based on strong performance from both Midland and South Texas, as well as the early turn-in line of two pads with eight wells in South Texas. I will add the stewardship as a component of high level operational execution and I will point you towards the extensive sustainability…

Thank you, Herb. Good afternoon. Well the team certainly delivered outstanding results for the third quarter. So let's start there. Then I'll speak to our balance sheet and review fourth quarter guidance. Starting on Slide 13, strong production supported our excellent third quarter results, topping the high end of guidance and consensus expectations, production volumes were 3% ahead of the midpoint of guidance. This was driven by continued strong performance from base production in both the Midland Basin and South Texas, as well as the early completion of eight wells on two pads in South Texas. Third quarter results also benefited from lower LOE than projected coming in at $4.73 per Boe. This was largely driven by optimizations that lowered projected cost for chemicals, generators and water handling. Capital was also a positive story coming in about $15 million below the midpoint of guidance, which included some efficiencies related to faster drilling and pumping, as well as just general timing of expenditures. Higher than expected production and lower than expected costs supported notable beats to consensus EBITDAX, adjusted EPS and adjusted free cash flow. Now turning to Slide 14 in the balance sheet. Let's look at this as of September 30th, as well as October 1st, reflecting the impact of the Uinta acquisition. So a lot to unpack here. As you know, during the third quarter, we completed very successful upsized bond offerings of $750 million of 6.75%, 5-year, senior notes, due 2029, and $750 million of 7% 8-year senior notes, due to 2032. And we redeemed the $349 million of senior notes due to 2025. So the September 30th balance sheet, reflects $2.74 billion principal amount of senior notes, zero drawn on the revolving credit facility $1.7 billion in cash and $102 million restricted cash, which was the deposit…