Calfrac Well Services Ltd. (CFW) Q3 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the CalFRAC Wealth Services Limited third quarter 2023 earnings release and conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Michael Olenek, Chief Financial Officer. Please go ahead. Thank you. Good morning and welcome to our discussion of CALFRAC's third quarter 2023 results. Joining me on the call today is Pat Powell, CALFRAC CEO. This morning's conference call will be conducted as follows. That will provide some opening commentary, after which I will summarize the financial performance and position of the company. That will then provide an outlook for CALFRAC's business and some closing remarks. After the completion of these remarks, we will open the call to questions. In a news release issued earlier today, CALFRAC reported its third quarter 2023 results. Please note that all financial figures are in Canadian dollars unless otherwise indicated. Some of our comments today will refer to non-IFRS measures such as adjusted EBITDA. Please see our news release for additional disclosure on these financial measures. Our comments today will also include forward-looking statements regarding CALFRAC's future results and prospects. We caution you that these forward-looking statements are subject to a number of known and unknown risks and uncertainties, that could cause our results to differ materially from our expectations. Please ...