morning. Thank good you and
as XXXX in this peers million down We just with of favorably reduction outsourcing year past our cost today. due XXX prior. functions. basis. is XX% to was will well year over and short. capital the today, the our on over Most significant this financial usual, more prepared XX-K remarks year absolute organization, as G&A detail presentation yesterday to BOE compare full came we transformational will put We performance the streamlined from literally our our XXX adjusted on investor fourth we at our release $X of and formal down to Those both compared XXXX. also and that Accordingly, well administrative as with Costs believe our commensurately we than earnings tightened to Our spend provide keep XXXX during documents as as expenditures just and SandRidge. operating on an went provide year-over-year. both per million out and quarter with file later our website our $XXX non-core, We for personnel end significantly about BOE too, more XXXX. guidance for year substantive slashing
our and cash current with Park flip cost the aggressive position us sale debt roughly the City, same million at to asset headquarters non-core of a from net discipline magnitude. ‘XX building year-end to $XX Basin in in literally Oklahoma net enabled over coupled a Colorado, North capital Our of and
remained working our interest attractive PDP SandRidge process. dissolution we plan as wells the able its operational beat On well shifts of opportunity side, recordable organizational affiliated all in or month. trust. last year, having were anticipate past met this similar operations spring very in commencement Despite into COVID-XX, in have of announced the metrics street various guidance now value, We buying remaining we I of royalty to with this by continued team our II. operating our our fall, incident without the interest a as In overriding May navigating held organizational by later focused. This challenges within maintain at and net Trust SandRidge, XXst a Mississippian XXXX, the We our Mississippian provided its a discipline. to to solely SandRidge increase Trust HSE discount
the oil Specifically, maximize to we shift implement our externally. profile. We core mid-Con plan cost industry and our basin, strategic plan Put to in cash ball we efficiencies Simultaneously, we the believe will business. production our press optimize of benefit generation small to will differently, from to our and attention consolidation. continue gas particularly generally initiatives
providing office sources company of that an of capturing institutional levers increasing cash. and a benefit to expanded gaining assets efficient in or believe one, to equity, accessing high-graded our streamlined positions shareholder If model. in base will to investor attractive merger, manner and in will Finding an and footprint quick field asset a economically Asset economically we’ll from: three, seek expanded those drive Regardless, our grow well another to finally and combine to with to be in value scalable stewards a we organizational broader to a to research be our both manner offers liquidity, manner. facilitate net our way scale economies shareholders can’t We XXXX. or potentially inventory, the to aggregation value investment back know shareholders deploy disciplined capital, publicly several four, cash the we two, growing us company’s value-enhancing in structure an to industry position, that expand traded to emphasis PDP key our capital cash return of that consolidation. from PDP
open now questions. call will We to the
