Nine Energy Service, Inc. (NINE) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to Nine Energy Service first quarter 2026 earnings conference call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I'd now like to turn the conference over to your host, Heather Schmidt, Interim Chief Financial Officer. Thank you. You may begin. Thank you. Good morning, everyone, and welcome to the NINE interview service earnings conference call to discuss our results for the first quarter of 2026. With me today is Ann Fox, President and Chief Executive Officer. We appreciate your participation. Some of our comments today may include forward-looking statements reflecting NINE's views about future events. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. These risks and uncertainties can cause actual results to differ materially from our current expectations. We advise listeners to review our earnings release and the risk factors discussed in our earnings files with the SEC. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. Our comments today also include non-GAAP financial measures, additional details, including reconciliations to the most directly comparable GAAP financial measures, are also included in our first quarter earnings release, which can be found in the investor relations section of our website. On March 5th, 2026, we emerged from bankruptcy and the company applied fresh start accounting on such date. The application of fresh start accounting resulted in a new basis of accoun...