Mammoth Energy Services, Inc. (NASDAQ:TUSK) Q2 2023 Earnings Conference Call August 11, 2023 10:00 AM ET

Company Participants

Rick Black - IR

Arty Straehla - CEO

Mark Layton - CFO

Conference Call Participants

John Daniel - Daniel Energy Partners

Carter Dunlap - Dunlap Equity Management

Operator

Greetings, and welcome to the Mammoth Energy Services Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Rick Black, Investor Relations. Thank you, Rick. You may begin.

Rick Black

Thank you, operator, and good morning, everyone. We appreciate you joining us for the Mammoth Energy call to review 2023 second quarter results. This call is also being webcast and can be accessed through the audio link on the Events and Presentations page of the Investor Relations section of mammothenergy.com. Information reported on this call speaks only as of today, August 11, 2023, so please be advised that any time sensitive information may no longer be accurate as of any subsequent date.

I would also like to remind you that statements made in today's discussion that are not historical facts, including statements of expectations or future events or future financial performance, are considered forward-looking statements made pursuant to the safe harbor's provision for the Private Securities Litigation Reform Act of 1995.

We will be making forward-looking statements as part of today's call that, by their nature, are uncertain and outside of the company's control. Actual results may differ materially. Please refer to the earnings press release that was issued today for our disclosure on forward-looking statements. These factors and other risks and uncertainties are described in detail in the company's filings with the Securities and Exchange Commission.

Management will also refer to non-GAAP measures, including adjusted EBITDA. This definition of a non-GAAP measure and the reconciliation to the most comparable GAAP measure can be found at the end of the earnings press release that was issued today. It's also in the investor presentation on the company's website. Mammoth Energy assumes no obligation to publicly update or revise any forward-looking statements.

And with that, I would now like to turn the call over to Mammoth's CEO and Arty Straehla. Arty?

Arty Straehla

Thank you, Rick, and good morning, everyone. I'll start with a high level overview of our results for the second quarter, followed by our outlook for the second half of the year and the overall market environment before providing an update on our PREPA receivable. Then I'll turn the call over to Mark to cover the financials in more detail.