Liberty Energy Inc. (LBRT) Q4 2025 Earnings Call

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WEBVTT 00:00:00.419 -- 00:00:04.765 Welcome to the Liberty Energy Earnings Conference Call. 00:00:04.765 -- 00:00:07.910 All participants will be in listen-only mode. 00:00:07.910 -- 00:00:12.236 Should you need assistance, please signal a conference specialist by pressing the star 00:00:12.236 -- 00:00:17.283 key followed by zero. After today's presentation, there will be an opportunity 00:00:17.283 -- 00:00:21.089 to ask questions. Please note this event is being recorded. 00:00:21.089 -- 00:00:26.236 I would now like to turn the conference over to Andelia 00:00:26.236 -- 00:00:30.680 Vouria, Vice President of Investor Relations. 00:00:33.697 -- 00:00:36.198 Please go ahead. 00:00:36.480 -- 00:00:41.905 Thank you, Dave. Good morning, and welcome to the Liberty Energy fourth quarter 2025 00:00:41.905 -- 00:00:45.229 and full year 2025 earnings conference call. 00:00:45.229 -- 00:00:50.294 Joining us on the call are Ron Gusick, Chief Executive Officer, and Michael 00:00:50.294 -- 00:00:52.917 Stock, Chief Financial Officer. 00:00:52.917 -- 00:00:56.701 Before we begin, I would like to remind all participants that some of our comments today 00:00:56.701 -- 00:01:02.346 may include forward-looking statements reflecting the company's view about future prospects, 00:01:02.346 -- 00:01:08.145 revenues, expenses, or profits. These matters involve risks and uncertainties 00:01:08.145 -- 00:01:12.551 that could cause actual results to differ materially from our forward-looking statements. 00:01:12.551 -- 00:01:17.197 These statements reflect the company's beliefs based on current conditions that are subject 00:01:17.197 -- 00:01:21.503 to certain risks and uncertainties that are detailed in our earnings release and other 00:01:21.503 -- 00:01:27.511 public filings. Our comme...