Liberty Energy Inc. (LBRT) Q3 2024 Earnings Call Transcript

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Liberty Energy Inc. (LBRT) Q3 2024 Earnings Call Transcript

Scott Gruber - Citigroup

Ati Modak - Goldman Sachs

Stephen Gengaro - Stifel

Saurabh Pant - BoA

Marc Bianchi - TD Cowen

Keith Mackey - RBC Capital Markets

Jeff LeBlanc - TPH

Roger Read - Wells Fargo

Waqar Syed - ATB Capital Markets

Tom Curran - Seaport Research Partners

Eddie Kim - Barclays

John Daniel - Daniel Energy Partners

Welcome to the Liberty Energy Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Anjali Voria, Director of Investor Relations. Please go ahead.

Anjali Voria

Thanks, Wyatt. Good morning, and welcome to the Liberty Energy's third quarter 2024 earnings call.

Joining us on the call are Chris Wright, Chief Executive Officer; Ron Gusek, President; and Michael Stock, Chief Financial Officer.

Before we begin, I would like to remind all participants that some of our comments today may include forward-looking statements reflecting the company's view about future prospects, revenues, expenses or profits. These matters involve risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These statements reflect the company's beliefs based on current conditions that are subject to certain risks and uncertainties that are detailed in our earnings release and other public filings.

Our comments for today also include non-GAAP financial and operational measures. These non-GAAP measures, including EBITDA, adjusted EBITDA, adjusted net income, adjusted net income per diluted share and adjusted pre-tax return on capital employed, are not a substitute for GAAP measures and may not be comparable

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