Hi. Good morning, everyone. Thanks very much for joining us. We are extremely pleased today to be kicking off the day with Mr. John Hess, CEO of Hess Corporation. Hess, for those who aren't familiar, is a diversified E&P with primary operations in the Bakken and the Gulf of Mexico in the U.S., then internationally, they have assets in Southeast Asia. Of course, we have their world-class asset in Guyana that has development breakevens of only 25-35 Brent. Based on our forecast, Hess can easily pay off the remaining $500 million of their term loan, sorry, it's early, that's due in early 2022. Earlier, if the strip holds and the company chooses to pay off earlier. Once they pay that off, it would put Hess's debt to EBITDA below 2 x. Importantly, that's the trigger for incremental cash returns to equity holders. With line of sight, with up to 10 FPSOs in Guyana, Hess is set to have outsized and differentiated free cash flow throughout the decade. I'm sure I didn't do the company justice, so I'll just hand it over to you, John. John Hess, thank you. Good morning, thanks to Barclays as well for hosting the conference. Everyone knows this presentation has been posted on our website, and we have the normal disclosures regarding forward-looking statements. Now we can begin. First, it's about our strategic priorities, starting with disciplined capital allocation. We will invest only in high-return, low-cost opportunities, which includes Guyana, one of the best investments, if not the best investment in the oil and gas industry. The Bakken, where we have a competitively advantaged acreage and operating position. With regard to our portfolio, we have over the years divested high-cost mature assets. Most recently, our interest in Denmark, which closed at the end of August. We have been investing in high-return, low-cost assets that are balanced between short cycle and long cycle. The Bakken, Deepwater Gulf of Mexico, and Malaysia serve as our cash engines, and Guyana is our growth engine. It's important to note, however, that Guyana is positioned to become a significant cash engine driven by the startups of multiple development phases over the next several years, and we expect our portfolio breakeven price to decline to $40 per bbl Brent by the middle of the decade. In terms of maintaining financial strength and managing for risk, we are in a strong financial position. John B. Hess just was talking about it. We had $2.4 billion of cash on our balance sheet as of June 30, and have hedged 150,000 bbl a day of our 2021 oil production. Our next strategic priority is to grow free cash flow in a disciplined and reliable manner. Our portfolio is uniquely positioned to deliver significant free cash flow and production growth from, first, the startup at Liza phase II in early 2022, and at Payara in 2024. With up to 10 FPSOs that John Hess was referring to before, which are required to develop the discovered resource base on the Stabroek Block, our cash flow growth is visible, low risk, extends for more than a decade. In fact, it's industry-leading in terms of rate of change and in terms of sustainability. As our free cash flow grows, we will prioritize debt reduction and then increase cash returns to shareholders, both in terms of dividends and opportunistic share repurchases. Finally, in the middle of the slide, we show our commitment to sustainability. We are proud to be one of the industry leaders in ESG. We are a values-driven company. We believe that sustainability is fundamental to our long-term strategy, and most of all, building a very successful business. Next slide, please. Even as oil prices have recovered since the beginning of the year, our priorities continue to be preserve cash, preserve our operating capability, and preserve the long-term value of our assets. In terms of preserving cash, at the end of June, we had $2.4 billion of cash on the balance sheet, a $3.5 billion undrawn revolving credit facility, and we paid down half of our $1 billion term loan in July and plan to pay off the balance next year. For 2021, we have hedged with put options 120,000 bbl at $59 per bbl West Texas Intermediate and 30,000 bpd at $60 per bbl Brent. We also have maintained a disciplined capital and exploratory budget for 2021 of $1.9 billion, with more than 80% targeted to Guyana and the Bakken. We have worked hard to build a high-quality focused portfolio that is linked to our top quartile operating capabilities. It is important that we and our key contractors maintain these core capabilities. We also want to preserve the long-term value of our assets, especially in Guyana, where we announced this morning our discovery at Pinktail, which now makes for 20 significant discoveries on the Stabroek Block, with gross discovered recoverable resources greater than 9 billion bbl of oil equivalent. We continue to see multi-billion bbl of future exploration potential remaining. In addition, breakevens for the first three oil developments are between $25 and $35 per bbl Brent, which is world-class by any measure. We have line of sight for up to 10 FPSOs to develop the discovered resources in Guyana, which will allow us to generate industry-leading cash flow growth and position us to be able to reduce debt and significantly increase, on a sustainable basis, cash returns to shareholders in the coming years. Next slide, please. Our financial priorities remain. First, to have a disciplined capital allocation process so we invest only in high return, low cost opportunities. Second, to have a strong cash position and balance sheet to ensure that we can fund our world-class investment opportunities in Guyana. Third, to maintain our investment-grade credit rating. At June 30th, we had $2.42 billion of cash on the balance sheet. To manage oil price volatility, we have hedged with put options 150,000 bpd of our oil production for 2021. In addition, we have a $3.5 billion revolving credit facility, and in the third quarter, we prepaid half of our $1 billion term loan and plan to pay off the balance next year. The chart at the lower right shows sell-side consensus estimates of cash flow growth for Hess and our peer group. As you can see, between 2020 and 2023, Hess's cash flow is expected to grow at a compound annual growth rate of 41% per year, while over the same period, the median of our peers' cash flow is expected to grow by 25%. Looking forward, as additional stages of Guyana low-cost oil developments come online, our cash flow growth will compound. The majority of future free cash flow will be allocated first to debt reduction and then to increase shareholder returns through dividend increases and opportunistic share repurchases. Next slide. Talk about macro a little bit. The International Energy Agency's 2020 World Energy Outlook provides an aggressive sustainable development scenario in which if all the pledges of the Paris Agreement were met, oil and gas would still be 46% of the energy mix in 2040. In the IEA's newest net zero scenario, oil and gas will still be 29% of the energy mix in 2040. The energy transition will take time, cost a lot of money, and major technological breakthroughs will be required. While we must have policies to encourage renewable energy to battle climate change, oil and gas will still be needed for many decades to come and will continue to be fundamental for world economic growth and human prosperity. The key for our company and our industry is to have a low cost of supply. By investing only in high return, low cost opportunities, we have built a differentiated portfolio of assets that we believe will allow us to achieve a break-even price of under $40 per bbl Brent by the middle of the decade. Next slide, please. As we continue to execute our company strategy, we will be guided by our longstanding commitment to sustainability. We recognize climate change as one of the greatest scientific challenges of the 21st century. We support the aim of the Paris Agreement and also the ambition to reduce global emissions to net zero by 2050. Our board of directors is climate change literate and actively engaged in overseeing Hess's sustainability practices. Our strategy and reporting are aligned with the recommendations of the Task Force on Climate-related Financial Disclosures, or TCFD. In 2020, we significantly surpassed our five-year targets for Scope 1 and Scope 2 greenhouse gas emissions intensity from our operated assets, reducing greenhouse gas emissions intensity and flaring intensity by 46% and 59%, respectively, versus 2014. Our new five-year targets for 2025 are to reduce operated Scope 1 and Scope 2 greenhouse gas emissions intensity by 44% and methane emissions intensity by 52% versus 2017. For 2021, we have also added continued Bakken flaring reduction as one of the performance metrics used in our annual incentive plan. In addition, we are investing in technological and scientific advances designed to reduce, capture, and store carbon emissions, including groundbreaking work being conducted by the Salk Institute. Next slide. Our board of directors is actively engaged in overseeing Hess's sustainability practices, working alongside senior management. In terms of safety, since early 2020, a multidisciplinary Hess emergency response team has been overseeing our plans and precautions to reduce the risk of COVID-19 in our work environment. We work closely with our employees and contractors to promote a strong safety culture and continuously improve our performance. In keeping with our company values and purpose, we have a longstanding commitment to diversity and inclusion in our workplace and through social investment programs that make a positive and lasting impact on the communities where we operate. We have published an annual sustainability report for the past 24 years, and we are proud to be recognized as a leader in most of the major sustainability indices. At the end of last year, the Transition Pathway Initiative, or TPI published its 2020 report on the progress of 163 energy companies in transitioning to a low carbon economy and supporting efforts to mitigate climate change in line with the Task Force on Climate-related Financial Disclosures or TCFD recommendations. In TPI's 2020 report, Hess was the only U.S. oil and gas company to achieve a level 4 star rating, and we're very proud of that. Next slide. Since 2017, we have grown production at a compound annual growth rate of approximately 11%, while over the same period, we have driven our cash costs down by approximately 20%, and DD&A by approximately 50%. This production growth, combined with lower costs, drives margin expansion and positions our company to be more resilient in a lower oil price environment. Over the course of the next decade, multiple phases of low-cost oil developments in Guyana are expected to allow Hess to generate industry-leading cash flow growth and improvement in financial returns, which in turn will enable us to reduce debt and increase cash returns to shareholders. Next slide. Let's go to Guyana, where Hess has a 30% interest in the 6.6 million acres ExxonMobil-operated Stabroek Block. We have made, as of today, 20 significant discoveries since 2015. The estimate for gross discovered resources on the block stands at more than 9 billion bbl of oil equivalent. We continue to see multi-billion barrels of future exploration potential remaining. We announced this morning our 20th significant discovery on the Stabroek Block at Pinktail. The Pinktail well encountered 220 feet of net pay in a high-quality oil-bearing sandstone reservoir. We also announced successful appraisal at the Turbo-2 well, in addition to discovering 43 feet of net pay in a newly identifiable high-quality oil-bearing sandstone reservoir, separate from the original Turbo-1 discovery well. In terms of production, Liza Phase 1 is currently producing approximately at nameplate capacity of 120,000 bbl of oil per day. The Liza Unity FPSO for the phase II development, which will have a capacity of 220,000 bbl of oil per day on a gross basis, sailed away last Thursday from Singapore to Guyana and is on track to achieve first oil in early 2022. The Payara development, which will also have a gross capacity of 220,000 bbl of oil per day, is on track to achieve first oil in 2024. The operator plans to submit a plan of development for our fourth development at Yellowtail later this year. We continue to see the potential for at least six FPSOs to produce greater than 1 million bbl of oil per day in 2027, and longer term, for up to 10 FPSOs to develop the discovered resource base. Next slide, please. Our Guyana discoveries are some of the industry's largest of the past decade. The reservoirs rank among the highest quality in the world, with high porosity and permeability that are expected to deliver very high recovery factors and production rates. Also, since the producing horizons are relatively shallow and there is no salt, the wells can be drilled faster and a lower cost of those in other deepwater basins in the world. In addition, development is occurring at the bottom of the offshore cost cycle. Finally, ExxonMobil, as the operator, is one of the most experienced project managers in the world, which significantly reduces execution risk. Guyana is truly a transformational investment opportunity for Hess. Next slide, please. As I mentioned, in Guyana, we have discovered more than 9 billion bbl gross BOE of recoverable resource and are positioned to grow gross production to more than 1 million bbl of oil per day in 2027. An extraordinary achievement. The map at the lower left shows the planned placement of the first three FPSOs and highlights Yellowtail, Uaru-Mako, Whiptail, Pinktail, Turbo, and Hammerhead as potential future areas for development. A lot of the drilling this year is to appraise these potential developments. The Wood Mackenzie plot on the lower right compares their analysis of the growth of the Liza complex to other major deepwater provinces. The production growth ramp for the Liza-Stabroek complex is the best in the industry and will create tremendous value for our shareholders for many years to come. Next slide. This slide highlights our three sanctioned developments in Guyana. Liza phases I and II and Payara have a Brent break-even oil price of between $25 and $35 per bbl Brent, which is world-class. We see a fourth Yellowtail development coming online in 2025, a fifth development in 2026, a 6th in 2027. In total, we see the potential for up to 10 FPSOs ultimately to develop the discovered resource to date on the Stabroek Block. Next slide, please. Now let's move to Southeast Asia, where Hess is an established operator with two very strong long-life natural gas assets, the Joint Development Area, or JDA, at North Malay Basin. These lower risk, low cost assets are expected to deliver a net production of approximately 60,000 bbl of oil equivalent per day in 2021, and to generate strong free cash flow over the balance of this decade. These assets have oil linked pricing and operate under production sharing contracts that provide downside protection in periods of low oil prices. Next slide. Now let's talk about the Deepwater Gulf of Mexico, where Hess has a well-established position with three key infrastructure hubs. Net production in 2021 is expected to average approximately 45,000 bbl of oil equivalent per day and generate significant free cash flow for our company. This production forecast reflects the sale of our 28% interest in the Shenzi field, which closed in the fourth quarter of 2020. In response to Hurricane Ida, efforts to restore our oil and gas production are underway. While we have currently curtailed exploration and development drilling in the Gulf of Mexico in response to last year's low oil prices, the Deepwater Gulf of Mexico remains a platform for future growth, high value growth, through lower risk, high return tieback opportunities, and also exploration targeting larger hub class development opportunities, one of which we plan to drill next year. Next slide, please. Turning to the Bakken, our largest operated asset. We have an industry leading position with approximately 460,000 net acres in the core of the play. With a recovery in oil prices in September, we have moved to a three-rig program, which will allow us to sustain free cash flow generation, lower our unit cash costs, and further optimize our infrastructure. Next slide. Approximately 1,600 of our 2,850 future drilling locations can generate strong financial returns at $50 per bbl WTI and represent more than 50 rig years of activity. In 2021, we plan to bring online about 50 new wells. At the table in the lower right of the slide, you will see that in 2021, we forecast our EURs to average near 1.2 million bbl of oil equivalent, IP 180 rates to average near 120,000 bbl of oil, and IRRs to average near 80% at $50 WTI. Next slide. Hess Midstream provides strategic infrastructure that supports Hess' upstream development in the Bakken and continues to generate significant value for Hess Corporation. Hess has operational control and following Hess Midstream's recent stock buyback, owns 45% of Hess Midstream, currently valued net to Hess at $3 billion. We also had a very successful turnaround completed at our Tioga plant, and most of the pre-investment in our Midstream's behind us, so it's going to create a lot of cash flow going forward, working in tandem with our Hess Bakken operation. Next slide, please. Here, the chart on the upper right compares sell side consensus estimates of Hess's cash flow growth between 2020 and 2023 versus our peers. You can see here that Hess's growth is forecast to be significantly above our peers over this timeframe. What is even more impressive is that, as shown in the main chart, analysts expect Hess's cash flow growth over this period to be superior and in the top 5% of the best performing sectors in the S&P 500. As we have discussed with multiple phases of developments in Guyana in the queue, we believe that Hess is positioned to deliver superior cash flow growth, not just through 2023, but through the next decade. It's durable cash flow, sustainable cash flow. In summary, even as oil prices have recovered, we will continue to be disciplined and to prioritize the preservation of cash, core capabilities, and the long-term value of our assets. We are committed to being an industry leader in both ESG performance and disclosures. In Guyana, we now have gross discovered resources estimated at more than 9 billion bbl of oil equivalent and expect gross production to exceed 1 million bbl of oil per day in 2027. In addition, we now see the potential for up to 10 FPSOs to develop the discovered resource base on the Stabroek Block. Our low-cost Guyana oil developments will drive industry-leading cash flow, growth, and financial returns for more than a decade. As we transition to being cash flow positive, we will prioritize debt reduction and then return the majority of our capital, that is free cash flow, to our shareholders through dividend increases and opportunistic share repurchases. Thank you for your attention. John Hess, we have time for questions. We look forward to entertaining them. All right. Thank you very much. That was quite a presentation. I wonder if we could start with Guyana and the announcement this morning on Tripletail. I know it's early days, but based on what you know so far on Tripletail, how does it rank in terms of the appraisal prioritization for this year or maybe early next year? Yeah. Greg, would you like to answer that one? I can pick it up if we're having the audio. No, sorry, John. Okay, go ahead. Sorry, I didn't go on mute. Go ahead, John. Well, Pinktail is a high-quality oil-bearing sandstone reservoir, and we think it has the potential to be potentially coupled with Whiptail, which we announced earlier this year, and be one of the top next developments. We think Uaru-Mako may have the potential to be our fifth development. Whiptail, Pinktail has the potential to be our sixth development. The news today is very important in terms of going up the value queue in terms of what our next set of developments are. It's going to have good economics. Okay, great. Maybe moving to Yellowtail, is that still on track for FID this year? Yeah. Go ahead, Greg. Yes, John Hess, it is. The operator plans to submit the field development plan to the government of Guyana in October, and we're confident at this point that we'll have approval by year-end from the government. Okay. Based on the development, the infrastructure, the drilling, all of that, does Yellowtail look more like Liza-2 or Payara, either in terms of the overall scope of development or the break even? I think it's early days to say what Yellowtail looks like and actually where it fits. Being the fourth development, the field development plan that will be submitted to ExxonMobil looks like it's going to reside somewhere between Liza-2 and Payara. The one thing I will say about Yellowtail is it will develop a much larger resource base than any of the previous developments. We're pretty excited about the overall economics of Yellowtail and also the size of the reservoir that it's going to develop. In the very final phases of the field development plan, but we're pretty confident that it's going to lie somewhere between Payara and Liza phase II in terms of break even. Yeah, plans are being contemplated for FPSO with a gross capacity of approximately 250,000 bbl of oil per day. Yep. That is on the big side, and it's definitely, in terms of economics, something between what we see as Liza phase II and Payara. Yep very attractive economics going forward. It's going to definitely compete for capital and be a high return investment. Yep. It will develop a lot more reserves, John B. Hess, than either Payara or Liza phase II. Okay. In terms of deeper potential in the zones, you've got your first well coming up that's targeting the deeper zone, although you have several wells already that have deeper tails to them. I was wondering if maybe you could chat a little bit about that and what you think the likelihood is that the deeper zones will serve as infill to existing FPSOs to kind of extend the plateaus, which we've done the economics on, it's very attractive, versus maybe additional developments. Greg. Yeah, sure. I think that the way that we look at the deep, and I want to say up front, it's still early days because as you mentioned, what we have, John Hess, is tails on existing wells that may or may not have been in the right spot in terms of the biggest part is some of those deeper zones. Having said that, two recent ones, in particular, Whiptail and Pinktail, both had those deeper zones with good quality hydrocarbons in those zones. As we move forward, particularly at the end of the year, we're going to drill a well called Fangtooth, that the well is designed for that deeper zone. It will be targeting only that deeper zone. That'll be a real key piece of data. The way we see these, is they could either be all each fillers, as you mentioned, because a lot of this is in and around what will be future developments because, as I said, they're tails of existing wells. In the case of Fangtooth, if it's big enough, it could potentially be a standalone hub on its own. It's going to be a combination of tiebacks, and potentially hub class deeper opportunities on their own right. Okay, maybe just last thing on Guyana. In terms of the next couple of wells, can you just remind us which ones those are and the significance of them? Sure. The well that we're currently drilling right now is a well called Cataback-1. That is an upper Liza-type reservoir that we're targeting. As we move into the rest of the year, it's going to be a series of a number of DSTs, Mako, Longtail, Whiptail. We're also going to drill a Tripletail-2 well, so that will be an appraisal well. As I mentioned, kind of a wildcat exploration well, if you will, is called Fangtooth, and that'll be in the latter part of the year. As we move into the first quarter of next year, again, more DSTs at Turbo and Tilapia. We'll also drill a Tilapia-2 well, and then a number of exploration prospects will be spudded in the first quarter as well. All of this, John Hess, is to fine-tune and go up the value curve of our potential developments going forward. A lot of appraisal drilling. Yep. A lot of reservoir evaluation. To reduce the risk of these developments and also high-grade them. Also some exploration is planned as well. We continue to have a very active exploration and appraisal program going into next year. Sounds like a lot of good things to look forward to. We'll stay tuned to that. We are actually out of time, and unfortunately, I wish we could go on forever. I'm sure you have plenty of one-on-ones today to get to, so I'll leave you be. John, Greg, thank you so much. I know John Rielly was in there somewhere too. Thank you so much for your time. It's been a real pleasure. John Hess, thanks for hosting us. Thank you very much. Thanks. Take care.