Mammoth Energy Services, Inc. (NASDAQ:TUSK) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET

Company Participants

Rick Black – Investor Relations

Arty Straehla – Chief Executive Officer

Mark Layton – Chief Financial Officer

Conference Call Participants

Michael Mathison – Singular Research

Carter Dunlap – Dunlap Equity Management

Operator

Greetings, and welcome to the Mammoth Energy Services Third Quarter 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. Please go ahead.

Rick Black

Thank you, operator, and good morning, everyone. We appreciate you joining us for the Mammoth Energy conference call to review 2023 third 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, November 9, 2023.

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 forward-looking statements made pursuant to the safe harbor provisions of 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 may also refer to non-GAAP measures, including adjusted EBITDA. The definition of this non-GAAP measure and its reconciliations to the most comparable GAAP measures can be found at the end of the earnings press release and in our investor presentation, which can be found on the company's website. Mammoth Energy assumes no obligation to publicly update or revise any forward-looking statements.

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

Arty Straehla

Thank you, Rick, and good morning, everyone. I'll start with some overview comments about our business in the quarter, including our successful refinancing with a new revolving credit facility and term loan agreement that we announced last month. I'll conclude with the update related to PREPA and then hand the call over to Mark to cover the financials in more detail.