United States Steel Corp (NYSE:X) Q1 2023 Earnings Conference Call April 28, 2023 8:30 AM ET

Company Participants

Kevin Lewis - VP, IR and Corporate FP&A

David Burritt - President, CEO & Director

Jessica Graziano - SVP & CFO

Richard Fruehauf - SVP & Chief Strategy & Sustainability Officer

Conference Call Participants

Emily Chieng - Goldman Sachs Group

Tristan Gresser - BNP Paribas Exane

Alexander Hacking - Citigroup

Carlos De Alba - Morgan Stanley

Operator

Good morning, everyone, and welcome to the United States Steel Corporation's First Quarter 2023 Earnings Conference Call and Webcast. As a reminder, today's call is being recorded.

I will now hand the call over to Kevin Lewis, Vice President, Finance.

Kevin Lewis

Good morning, and thank you for joining our first quarter 2023 earnings call.Joining me on today's call is U.S. Steel President and CEO, Dave Burritt; Senior Vice President and CFO, Jessica Graziano; and Senior Vice President and Chief Strategy and Sustainability Officer, Rich Fruehauf.

This morning, we posted slides to accompany today's prepared remarks. These can be found on the U.S. Steel Investor page under the Events and Presentations section.

You'll note that we've streamlined our earnings materials, including today's call slides. They can now be found in the presentation posted this morning, accompanied by additional enterprise and business level financial data. Our segment and financial operational data packet, which we posted yesterday with our earnings release, also includes our regular disclosures.

Before we start, let me remind you that some information provided during this call may include forward-looking statements that are based on certain assumptions and are subject to a number of risks and uncertainties, as described in our SEC filings, and actual future results may vary materially. Forward-looking statements in the press release that we issued yesterday, along with our remarks today, are made as of today, and we undertake no duty to update them as actual events unfold.

I would now like to turn the conference call over to U.S. Steel President and CEO, Dave Burritt, who will begin on Slide 4.

David Burritt

Thank you, Kevin, and good morning to everyone joining us today. We appreciate your continued engagement with U.S. Steel. We delivered another strong performance in the first quarter, and we are staying strong on the things that truly matter, safety in our people, the environment and financials, all with a customer and stockholder focus.

U.S. Steel coined the phrase "safety first" more than 100 years ago. So I'll follow that mantra and begin there. Safety is the linchpin of our operations. It enables everything we do. We had an extraordinarily safe first quarter, following record safety performances in 2020 and 2021 and 2022. When we say best operations, it clearly starts with best safety.