held can't results I Berry will can Thank environments you, States and election didn't industry. nor face. yesterday, I the designed for specifically. various and acknowledge us everyone, what that But morning, you the you be headwinds tell the today. thank despite United grow critically our and Todd. industry nation may political a economic to important our we if Berry joining in mean you have remiss to tell would I value election for Good we whatever I that and
focused resolutely for that this energy we manner, includes done ensure managing environmentally are which for on our transition. I'm without in the We in executing the our building cycle we proud of an and future, to vision producing exceptional distracted the financials has efficiently prosper a come an say business, our out strong in and ensuring the our sensitive will energy and part job team humbled position plan Berry being growth. to
produced affordable confident as energy We are oil the in gas, and equitable developed both and component gas, energy an of will long-term and especially oil a that short, economies be any world. oil and reliable, of is the In future. source, fully locally irrelevant developing not
We of earnings continue I first the the discussed onset quarter Berry's all and second ways operate calls in COVID-XX. to in since
We priority. and the we guidelines. protocols where First, operate top strict a keeping employ CDC with our employees communities COVID-XX remain in
a had offices for our X than We have workplace not for business outbreak have more been open months. and
remain the and employees safe, and workplaces healthy Our productive.
business is for the Second, and unique oil Barry gas in several reasons.
expect principle free in nor to changed levered flow fundamental million this it. levered more has of will Our living never $XXX of flow cash cash than free out year. generate still We
create even we continue value downturn. this have, as in We to always
position. cash year We will strong with end a the
term. sustainable down since believe for is cost per than of end OpEx $X the this Our the structure long of most last we year, more is BOE and
great managed He day firm, communication. be thousands career The comes will X this and Schlumberger, a of demonstrates barrels new COO, the Most recently, than of Araujo, in Prior managed countries us to around to remainder Hemisphere. more successful and from and he we oil Berry's energy forward Schlumberger, our the in technology XXX,XXX whose truly XXXX. per and oil vision this where gas in Western he and Apache's Egypt, more per Berry core accountability, are it. of production into Fernando Argentina hired for breadth the experience international our am of character managing entered achieving newest and my of His hundreds top Canada of entrepreneurship, his vision. and Finally, leadership, the value about our space. ownership comments be will technical assets for looking values day than I perfect in chapter of we achieving evolution excited have years. into extremely XX of generator experience confident and in barrels
in Fernando our energy few vision may from be the part is whatever put, form Simply to hear will it You a in transition minutes. take. of
of of are of OPEC+, a part Utah, disadvantage production its significant believe are we a Oil citizens. to solution. the energy ourselves the will than It and renewables goals oil needs to and table since relevant will is success California, Berry, including currently We and operate continue and must to Colorado transition environmentally source and reliable, a including today we all come gas more oil to know where day require to gas, where in we imported our We diversified have be XX% each than market, socially been for per the energy state operate. aligning homegrown an equitable that At any together where transition. much require tankered with the will it oil affordable of parties from of all for sourced, XXXX. favorable California's towards that and countries, work more substantial and of that and emergence citizens energy foreign be
Similarly, and industry be parties. governments all longer and specifically, and with industry produced the convinced without can Berry as environmental sense our is For harming that approach. that recognize in is safely goals, locally citizens' business-as-usual Berry must those a oil required my that state's California, the health. view make it take is strong can no such and alignment by gas
We energy to and immediate demands balance are current find is a the path today more CalGEM, forward effort aligned who the to future. sustainable between driving of leadership the of with the critical the
goals the while gas million local countries, which Our zero-emission transition partnerships third, energy, make including supporting these more production, of of this ventures joint oil energy XX% foreign of technology uses barrels goals oil first, social be day; and dependence and goals of currently application other than reducing more electrification; the will and increase vehicles finally, and OPEC+ renewables; sources and well. excellence, By X.X appropriate, operational up for utilizing are: every diverse we and state on of do than as affordable the objectives of California second, grow achieving climate safely. innovation the California's and all promote to as and public-private through grow
strategic sole our role, of private, transition? has contribute. year, will we we other address partnerships, will purpose develop can the us with and and necessary to initiative and the doing social for along is and partnership example, we Earlier For achieve helping to poverty homelessness by help this success. jobs, prepare a both goals the benefits great Berry stable which providing created and What paying public energy and
as water; habitat, well housing, of strategies atmosphere; such well the use of appropriate for fleet making have such as land ESG as methane land renewable mature available much use areas and programs use, abandonment leakage GHG include our gases et these to of operations. as Some in best the we group and these our the cetera; into produced electrification capture to in of reduce to provide To enhance reporting. proactive clarity a oil-producing transparency our more vehicle working power progress our areas, created to for
The establish everywhere is at which our first well underway, is hand, task we to baseline operate.
grow to, to have at size of We shareholder the a can and driven and grow with governments our to are COX and more effective obligated Berry value. footprint. table We state reduce to local the must seat
to opportunities grow actively are We reviewing company. the all
operators in key For example, more the Berry and for goals. consolidation state our than with to is achieve mutual California, XXX
to looking are to value-adding stakeholders, transactions accretive also benefit are the shareholders, providing We state. while many our at including our only and that
business. this, care Finally, any must our take core to of do of we
strengthen with operational will X and to all regulatory have We stakeholders the to develop and years, focus as on political continue will past government, we continue relationships been over excellence. doing relentlessly and we
our will show gas strategic oil safely bringing plan economically, and can and benefits flawlessly execute the state. and and the be without strive communities our world that produced to We to harm
committed the future We for vision of and to are transition. energy turn Fernando. energy it a in now have affordable our meaningfully COO, the we new will participate over to I how
