Calfrac Well Services Ltd. (CFW) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the CALFRAC Wealth Services Third Quarter 2024 Earnings Release Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone keypad. To withdraw your question, please press star, then two. Please note, this event is being recorded. I would now like to turn the conference over to Michael Olenek, Chief Financial Officer. Please go ahead. Thank you, Gary. Good morning, and welcome to our discussion of CALFRAC World Services Third Quarter 2024 results. Joining me on the call today is Pat Powell, CALFRAC's CEO. This morning's conference call will be conducted as follows. Pat will provide some opening commentary, after which I will summarize the financial performance and position of the company. Pat will then provide an outlook for CalPRAC's business and some closing remarks. After the completion of these remarks, we will open the conference call to questions. In a news release issued earlier today, CalPRAC reported its third quarter 2024 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 EBBA and net debt. 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 fr...