Kevin Mitchell

“Last year, we committed to reduce total debt to $17 billion by year-end 2027 and to return greater than 50 percent of net operating cash flow excluding working capital to shareholders our focus on these priorities has not wavered and we expect to deliver on our debt commitment ahead of schedule in the second quarter…”

“On slide six, first quarter reported earnings were $207 million, or 51 cents per share. Adjusted earnings were $200 million, or 49 cents per share.”

“First off, I would say that as a primarily U.S.-based company with mostly U.S. assets and access to hydrocarbon resources in the U.S., we are relatively well positioned as both a country and as a company given the extreme turmoil that's going on in the global markets, whether it's crude oil, LNG, refined products…”

“On slide 7, midstream adjusted EBITDA covers two important priorities, a secure, competitive, and growing dividend of approximately $2 billion and sustaining capital of approximately $1 billion.”

“On slide six, Third quarter reported earnings were $133 million, or $0.32 per share. Adjusted earnings were $1 billion, or $2.52 per share.”