Newpark Resources, Inc. (NYSE:NR) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET

Company Participants

Ken Dennard - Dennard Lascar, IR

Matthew Lanigan - President and CEO

Gregg Piontek - CFO

Conference Call Participants

Bill Dezellem - Tieton Capital

Operator

Greetings, and welcome to the Newpark Resources First Quarter 2023 Earnings Conference Call [Operator Instructions]. And as a reminder, this conference is being recorded.

And it is now my pleasure to introduce to you Ken Dennard. Thank you, Ken, you may begin.

Ken Dennard

Thank you, operator, and good morning, everyone. We appreciate you joining us for the Newpark Resources conference call and webcast to review first quarter 2023 results. Participating from the company in today's call are Matthew Lanigan, Newpark's President and Chief Executive Officer; and Gregg Piontek, Chief Financial Officer. Following my remarks, management will provide a high-level commentary on the financial details of the first quarter results and near-term outlook before opening the call for Q&A.

Before I turn over the call, I have a few housekeeping items to run through. There'll be a replay of today's call will be available by webcast on the company's website at newpark.com. There'll also be a telephonically reported replay available until May 17, 2023, and that information on how to access is included in yesterday's release.

Please note that information reported on this call speaks only as of today, May 3, 2023, and therefore, you're advised that time-sensitive information may no longer be accurate as of the time of any replay listening or transcript reading. In addition, the comments made by management during this conference call may contain forward-looking statements within the meaning of the United States federal securities laws.

These forward-looking statements reflect the current views of management. However, various risks, uncertainties and contingencies could cause the company's actual results, performance or achievements to differ materially from those expressed in the statements made by management. The listener is encouraged to read the annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K to understand certain of those risks, uncertainties and contingencies.

The comments also today may include certain non-GAAP financial measures. Additional details and reconciliation to the most directly comparable GAAP measures are included in the quarterly earnings release, which can be found on the Newpark website.

And now with that behind me, I'd like to turn the call over to Newpark's President and CEO, Mr. Matthew Lanigan. Matthew?