Ramaco Resources, Inc. (NASDAQ:METC) Q1 2022 Earnings Conference Call May 12, 2022 11:30 AM ET

Company Participants

Jeremy Sussman - Chief Financial Officer

Randy Atkins - Chairman & Chief Executive Officer

Chris Blanchard - Chief Operating Officer

Jason Fannin - Chief Commercial Officer

Conference Call Participants

David Gagliano - BMO Capital

Lucas Pipes - B. Riley Securities

Nathan Martin - Benchmark Company

Operator

Ladies and gentlemen, welcome to the Ramaco Resources, Inc. First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions]

I would now like to turn the conference over to your host, Mr. Jeremy Sussman, Chief Financial Officer. Sir, please go ahead.

Jeremy Sussman

Thank you. On behalf of Ramaco Resources, I'd like to welcome all of you to our First Quarter 2022 Earnings Conference Call. With me this morning is Randy Atkins, our Chairman and CEO; Chris Blanchard, our Chief Operating Officer; and Jason Fannin, our Chief Commercial Officer.

Before we start, I'd like to share our normal cautionary statement. Certain items discussed on today's call constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Ramaco's expectations concerning future events. These statements are subject to risks, uncertainties and other factors, many of which are outside of Ramaco's control, which could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and except as required by law, Ramaco does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

I'd also like to remind you that you can find a reconciliation of the non-GAAP financial measures that we plan to discuss today in our press release. Lastly, I'd encourage everyone on this call to go on to our website, ramacoresources.com, and download today's investor presentation under the Events Calendar.

With that said, let me introduce our Chairman and CEO, Randy Atkins.

Randy Atkins

Thank you, Jeremy. As always, we look forward to discussing our Q1 results and some updates with everyone. These are indeed pleasant days to be in the met coal business as long as you can dial out the noise from the stock market. Despite the backdrop of the immediate market turmoil, our quarterly earnings were a record. Indeed, we generated more net income in Q1 than for the entire year of 2021. To those concerned about any miss from consensus estimates, we will address that head on with this call.