SM Energy Co at Credit Suisse Vail Summit Transcript
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(technical difficulty) Q&A and open it up, obviously, to the audience.
So with that Wade, thank you, and please go ahead.
Thank you, Bill. And hey, good morning. Thanks for joining me today. I guess, I should say welcome to Colorado. I felt like in Colorado now. I've lived here about 15 years, and it's just a beautiful place. And thank you to Crédit Suisse for hosting the conference here and for inviting us.
So I'm going to start with 3 numbers. So if you can guess what I'm talking about. They are actually percentages: 40%, 50%, 75%, okay? 40%, the reduction in the oil price since it peaked last summer; 50%, the increase in drilling and completing a well since a little over a year ago; 75%, you know what that is, the decline in natural gas prices since the third quarter. It's a great way to start a speech, right, really inspiring. But it is inspiring, because the inspiring
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