Liberty Energy Inc. (LBRT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.200 -- 00:00:04.065 Welcome to the Liberty Energy Earnings Conference Call. 00:00:04.065 -- 00:00:06.848 All participants will be in listen-only mode. 00:00:06.848 -- 00:00:10.934 Should you need assistance, please signal a conference specialist by pressing the star 00:00:10.934 -- 00:00:16.040 key followed by zero. After today's presentation, there will be an opportunity 00:00:16.040 -- 00:00:19.685 to ask questions. Please note, this event is being recorded. 00:00:19.685 -- 00:00:24.912 I would now like to turn the conference over to Anjali Voria, Vice President 00:00:24.912 -- 00:00:29.234 of Investor Relations. Please go ahead. 00:00:29.258 -- 00:00:34.304 Thank you, Bailey. Good morning, and welcome to the Liberty Energy third quarter 2025 00:00:34.304 -- 00:00:39.490 earnings conference call. Joining us on the call are Ron Gusick, Chief Executive 00:00:39.490 -- 00:00:43.694 Officer, and Michael Stock, Chief Financial Officer. 00:00:43.694 -- 00:00:48.199 Before we begin, I would like to remind all participants that some of our comments today 00:00:48.199 -- 00:00:53.105 may include forward-looking statements reflecting the company's view about future prospects, 00:00:53.105 -- 00:00:58.154 revenues, expenses, or profits. These matters involve risks and uncertainties 00:00:58.154 -- 00:01:03.142 that could cause actual results that differ materially from our forward-looking statements. 00:01:03.142 -- 00:01:07.349 These statements reflect the company's beliefs based on the current conditions that are 00:01:07.349 -- 00:01:11.635 subject to certain risks and uncertainties that are detailed in our earnings release 00:01:11.635 -- 00:01:13.999 and other public filings. 00:01:13.999 -- 00:01:19.007 Our comments today may include non-GAAP financial a...