Cactus, Inc. (NYSE:WHD) Q1 2023 Earnings Conference Call May 9, 2023 10:00 AM ET

Company Participants

Scott Bender - Chief Executive Officer

Stephen Tadlock - Chief Financial Officer

Joel Bender - Senior Vice President, Chief Operating Officer

Steven Bender - Vice President of Operations

TS - Chief Executive Officer, FlexSteel

Will Marsh - General Counsel, Vice President of Administration

Alan Boyd - Director of Corporate Development and Investor Relations

Conference Call Participants

Dave Anderson - Barclays

Kurt Hallead - Benchmark

Operator

Good day and thank you for standing by. Welcome to the Cactus Q1, 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Alan Boyd, Director of Corporate Development and Investor Relations. Please go ahead, Alan.

Alan Boyd

Thank you, and good morning. We appreciate you joining us on today’s call. Our speakers will be Scott Bender, our Chief Executive Officer; and Stephen Tadlock, our Chief Financial Officer. Also joining us today are Joel Bender, Senior Vice President and Chief Operating Officer; Steven Bender, Vice President of Operations; TS, CEO of FlexSteel; and Will Marsh, our General Counsel and Vice President of Administration.

Please note that any comments we make on today’s call regarding projections or expectations for future events are forward-looking statements covered by the Private Securities Litigation Reform Act. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control.

These risks and uncertainties can cause actual results to differ materially from our current expectations. We advise listeners to review our earnings release and the risk factors discussed in our filings with the SEC. Any forward-looking statements we make today are only as of today’s date, and we undertake no obligation to publicly update or review any forward-looking statements.

In addition, during today’s call we will reference certain non-GAAP financial measures. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in our earnings release.

With that, I’ll turn the call over to Scott.

Scott Bender

Thanks, Alan, and good morning to everyone. Before we commence our comments regarding the quarter, I want to take this opportunity to acknowledge some changes to our management team. Alan Boyd, who provided the introduction this morning, has joined us from Halliburton as Director of Corporate Development and Investor Relations. Alan has an extensive background ranging from investment banking to working as a drilling engineer at ExxonMobil.