Access earnings results, analyst expectations, report, slides, earnings call, and transcript.

The earnings call highlights strong financial performance with excess cash flow and significant debt reduction, alongside a commitment to shareholder returns. The Q&A section provides reassurance on operational efficiencies and project timelines. Although competitive pressures and regulatory risks exist, the strong production growth and optimistic guidance suggest a positive outlook. The market will likely react positively over the next two weeks, with a potential stock price increase of 2% to 8%.
The earnings call reveals several challenges: underperformance in Montney wells, unmet expectations from completions design, and potential regulatory hurdles. Although the company plans to return excess cash flow to shareholders and reduce debt, the guidance cut and unclear management responses in the Q&A raise concerns. The stock price is likely to react negatively due to these uncertainties, despite some positive financial metrics and shareholder returns. The lack of clear guidance and reliance on high commodity prices further contribute to a negative outlook.
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.