Baker Hughes Company (BKR) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.358 Good day, ladies and gentlemen, and welcome to the Baker Hughes Company's second quarter 00:00:04.358 -- 00:00:10.266 2025 earnings conference call. At this time, all participants are on a listen-only mode. 00:00:10.266 -- 00:00:14.112 Later, we will conduct a question-and-answer session, and instructions will apply at 00:00:14.112 -- 00:00:18.118 that time. As a reminder, this conference call is being recorded. 00:00:18.118 -- 00:00:22.525 I would now like to introduce your host for today's conference, Mr. 00:00:22.525 -- 00:00:25.670 Chase Mulvihill, Vice President of Investillations. 00:00:25.670 -- 00:00:28.130 Sir, you may begin. 00:00:28.381 -- 00:00:32.645 Thank you. Good morning, everyone, and welcome to Baker Hughes' second quarter earnings 00:00:32.645 -- 00:00:37.830 conference call. Here with me are our chairman and CEO, Lorenzo Simonelli, and our CFO, 00:00:37.830 -- 00:00:42.075 Ahmed Mogul. The earnings release we issued yesterday evening can be found on our website 00:00:42.075 -- 00:00:44.037 at BakerHughes.com. 00:00:44.037 -- 00:00:48.061 We will also be using a presentation with our prepared remarks during this webcast, which 00:00:48.061 -- 00:00:50.903 can be found on our investor website. 00:00:50.903 -- 00:00:54.942 As a reminder, we will provide forward-looking statements during this conference call. 00:00:54.942 -- 00:00:59.207 These statements are not guarantees of future performance and involve a number of risks 00:00:59.207 -- 00:01:03.892 and assumptions. Please review our SEC filings and website for the factors that could 00:01:03.892 -- 00:01:07.076 cause actual results to differ materially. 00:01:07.076 -- 00:01:11.521 Reconciliation of adjusted EBITDA and certain gap to non-gap measures can be foun...