Fervo Energy Company (FRVO) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.581 Greetings, and welcome to Fervo Energy's first quarter 2026 earnings conference call. 00:00:05.581 -- 00:00:08.927 At this time, all participants are in a listen-only mode. 00:00:08.927 -- 00:00:12.874 A brief question and answer session will follow the prepared remarks. 00:00:12.874 -- 00:00:15.137 As a reminder, this conference is being recorded. 00:00:15.137 -- 00:00:16.660 It's 00:00:16.660 -- 00:00:21.068 now my pleasure to introduce your host, Paxton Bensinger, Senior Director, Corporate 00:00:21.068 -- 00:00:25.793 Development and Investor Relations. Please go ahead, sir. 00:00:26.339 -- 00:00:31.368 Thank you. Good morning, everyone, and welcome to Ferbo Energy's Q1 2026 earnings 00:00:31.368 -- 00:00:36.497 call. Joining us today are Tim Latimer, co-founder and chief executive officer, and 00:00:36.497 -- 00:00:41.165 David Ulrey, chief financial officer. Before we begin, I'd like to remind everyone that 00:00:41.165 -- 00:00:45.012 today's discussion will contain forward-looking statements within the meaning of applicable 00:00:45.012 -- 00:00:50.189 securities laws. These statements reflect management's current expectations and assumptions 00:00:50.189 -- 00:00:55.515 and involve known and unknown risks and uncertainties that could cause actual results 00:00:55.515 -- 00:00:59.780 to differ materially. Please refer to the forward-looking statements and risk factors 00:00:59.780 -- 00:01:03.985 disclosed in today's earnings release and in our filings with the SEC. 00:01:03.985 -- 00:01:08.430 Additionally, today's discussion may include certain non-GAAP financial measures. 00:01:08.430 -- 00:01:12.855 Reconciliation tables are provided in the appendix of the earnings release as applicable. 00:01:12.855 -- 00:01:15.496 Wit...