| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 5, 2026 | 6/12 | 3 medium, 3 low flags | 0 | 0 | Call sheet → |
| Q1'26 | May 6, 2026 | 11/12 | 2 medium, 4 low flags | 3 | 0 | Call sheet → |
| Q4'25 | February 18, 2026 | 9/12 | 2 medium, 4 low flags | 5 | 0 | Call sheet → |
| Q3'25 | 2025-11-06 | 12/12 | 6 low flags | 6 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Deploy AI to autonomously optimize wells and improve lift efficiency (850 wells) Q2 shows scale to 1,000 wells but no lift‑percentage disclosed |
| Q2'26 | Pending | Deliver $1 billion of annual synergies by end‑2027 (floor) Management reaffirmed the floor but gave no new timeline or interim milestones |
| Q1'26 | Delivered | Maintain investment grade balance sheet strength Both companies maintain strong balance sheets going into merger |
| Q1'26 | Pending | Provide combined company guidance mid-June Timeline maintained for post-close guidance |
| Q1'26 | Pending | Resume share repurchase program post-merger close Commitment remains, expecting $5B+ authorization |
| Q1'26 | Pending | Deliver $1 billion merger synergies by end of 2027 Identified 156 opportunities, calling $1B the floor not ceiling |
| Q1'26 | Exceeded | Continue AI artificial lift optimization beyond pilot phase Deployed to 850+ wells vs pilot programs mentioned last quarter |
| Q1'26 | Exceeded | Achieve $1 billion business optimization target by 2026 Now achieving target well ahead of schedule vs previous 85% completion |
| Q4'25 | Pending | Target $200-300M quarterly share repurchases Framework maintained but specific Q4 amount not disclosed |
| Q4'25 | Delivered | Maintain production around guidance while reducing capital Beat production guidance while finishing CapEx 4% below guidance |
| Q4'25 | Delivered | $485M debt retirement acceleration Completed ahead of schedule with $30M annual interest savings |
| Q4'25 | Delivered | Continue workover optimization and failure rate reduction Achieved 25% artificial lift failure reduction and 2,000+ bpd base production gain |
| Q4'25 | Delivered | Smart gas lift AI deployment beyond pilot in Q4 Moved to 'full deployment' across Delaware Basin by year-end |
| Q4'25 | Exceeded | Business optimization $300M value uplift by year-end 2025 Delivered $600M+ based on 60% of $1B target by Q3, now at 85% |
| Q3'25 | Exceeded | Debt reduction progress toward $2.5B target Accelerated $485M retirement, now at $985M vs target |
| Q3'25 | Delivered | $200-300M quarterly share repurchases $250M in Q3, consistent with framework |
| Q3'25 | Exceeded | Workover optimization to deliver cost savings Delivered cost savings plus over 2,000 bpd production contribution |
| Q3'25 | Exceeded | Smart gas lift pilot expansion if successful Moved directly to 'full deployment' across Delaware Basin by year-end |
| Q3'25 | Delivered | Maintain mid-380s oil production run rate Q3 at ~390K+ bpd, maintaining guidance despite efficiency gains |
| Q3'25 | Exceeded | Business optimization to achieve $300M value uplift by end 2025 Now 'on pace to double that milestone this year alone' - ahead of schedule |
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