United States Steel Corporation (NYSE:X) Q1 2022 Earnings Conference Call April 29, 2022 8:30 AM ET

Company Participants

Kevin Lewis – Vice President-Investor Relations and Corporate FP&A

Dave Burritt – U.S. Steel President and Chief Executive Officer

Christie Breves – Senior Vice President and Chief Financial Officer

Rich Fruehauf – Senior Vice President and Chief Strategy and Sustainability Officer

Conference Call Participants

David Gagliano – BMO Capital Markets

Seth Rosenfeld – BNP Paribas

Carlos De Alba – Morgan Stanley

Emily Chieng – Goldman Sachs

James Bardowski – GLJ Research

Operator

Good morning, everyone, and welcome to United States Steel Corporation's First Quarter 2022 Earnings Conference Call and Webcast. As a reminder, today's call is being recorded.

I'll now hand the call over to Kevin Lewis, Vice President of Investor Relations and Corporate FP&A. Please go ahead.

Kevin Lewis

Okay. Thank you, Tommy. Good morning, and thank you for joining our first quarter 2022 earnings call. Joining me on today's call is U.S. Steel President and CEO, Dave Burritt; Senior Vice President and CFO, Christie Breves; and Senior Vice President and Chief Strategy and Sustainability Officer, Rich Fruehauf. This morning, we posted slides to accompany today's prepared remarks. The link and slides for today's call can be found on the U.S. Steel Investor page under Events and Presentations.

Before we start, let me remind you that some information provided during this call may include forward-looking statements that are based on a certain – 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.

Dave Burritt

Thank you, Kevin, and thank you, everyone, for your interest in U.S. Steel. Thanks for your time this morning. We appreciate your continued support of our company. With each quarter, we demonstrate our progress, and it is a pleasure to provide an update on yet another quarter of record-setting performance. But first and foremost, we set a record this quarter for safety performance. So far this year, our safety is better than the record set in 2021, which was better than the record set in 2020, which was better than the record set in 2019. The drumbeat of continuous improvement demonstrates our role as the industry leader, a position we take very seriously at U.S. Steel, where safety is always first. Thank you to the U.S. Steel team for continuing to work safely. We appreciate you. We all know when safety is great, operations run great. Your hard work and dedication are at the center of our success.