ChampionX Corporation (NASDAQ:CHX) Q1 2022 Earnings Conference Call April 27, 2022 9:00 AM ET

Company Participants

Byron Pope - VP, ESG and IR

Soma Somasundaram - President and CEO

Ken Fisher - EVP and CFO

Conference Call Participants

Stephen Gengaro - Stifel Nicolaus

Scott Gruber - Citigroup

Dave Anderson - Barclays Capital

Ian MacPherson - Piper Sandler

Taylor Zurcher - Tudor, Pickering, Holt

Neil Mehta - Goldman Sachs

Chase Mulvehill - Bank of America

Operator

Welcome to the ChampionX First Quarter 2022 Earnings Conference Call. My name is John, and I'll be your operator for today's call. [Operator Instructions] As a reminder, the conference is being recorded.

And I will now turn the call over to Byron Pope, Vice President, ESG and Investor Relations. Mr. Pope, you may begin.

Byron Pope

Thank you. Good morning, everyone. With me today are Soma Somasundaram, President and CEO of ChampionX; and Ken Fisher, our Executive Vice President and CFO. During today's call, Soma will share some of the company's highlights. Ken will then discuss our first quarter results and the second quarter outlook, before turning the call back to Soma for some summary thoughts. We will then open the call for Q&A.

During today's call, we will be referring to the slides posted on our Web site. Let me remind all participants that some of the statements we will be making today are forward-looking. These matters involve risks and uncertainties that could cause material difference in our results from those projected in these statements. Therefore, I refer you to our latest 10-K filing and our other SEC filings for a discussion of some of the factors that could cause actual results to differ materially. Our comments today may also include non-GAAP financial measures. Additional details on reconciliations to the most directly comparable GAAP financial measures can be found in our first quarter press release, which is available on our Web site.

I will now turn the call over to Soma.

Soma Somasundaram

Thank you, Byron. Good morning, everyone. I would like to welcome our shareholders, employees and analysts to our first quarter 2022 earnings call. Thanks for joining us today.

Before turning to our business results, let me first note that we are approaching the two-year anniversary of our transformational merger. As I reflect on [all of that] [Ph], our team has accomplished during what has been a dynamic and unprecedented market environment for our energy industry, we have truly been better together. And I would like to express my gratitude to all our employees for their ongoing focus and dedication in serving our customers and community.