Operator
Good morning. We would like to welcome everyone to Canadian Natural’s 2025 Third Quarter Earnings Conference Call and Webcast. [Operator Instructions] Please note that this call is being recorded today, November 6, 2025, at 9:00 a.m. Mountain Time.
I would now like to turn the meeting over to your host for today’s call, Lance Casson, Manager of Investor Relations. Please go ahead.
Lance Casson
Manager of Investor Relations
Thank you, operator. Good morning. Thanks for joining Canadian Natural’s 2025 Third Quarter Earnings Conference Call. As always, I’d like to remind you of our forward-looking statements, and it should be noted that in our reporting disclosures, everything is in Canadian dollars, unless otherwise stated, and we report our reserves and production before royalties. Also, I would suggest to review the advisory section in our financial statements that includes comments on non-GAAP disclosure.
Speaking on today’s call will be Scott Stauth, our President; and Victor Darel, our Chief Financial Officer. Additionally in the room with us this morning are Robin Zabek, COO of E&P; and Jay Froc, COO of Oil Sands. Scott will begin by running through our strong operational performance that includes numerous production records in the quarter and our leading operating costs. Victor will then summarize our strong financial results and our significant return to shareholders so far this year. To close, Scott will summarize
