Nine Energy Service, Inc. (NYSE:NINE) Q3 2018 Earnings Conference Call Transcript

Nov 13, 2018 • 11:00 am ET


Nine Energy Service, Inc. (NYSE:NINE) Q3 2018 Earnings Conference Call Transcript


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Greetings, and welcome to Nine Energy Service Third Quarter 2018 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. (Operator instructions). As a reminder, this conference is being recorded. I would now like to turn the conference over to Heather Schmidt, Director of IR. Thank you. You may begin.

Heather Schmidt

Thank you. Good morning, everyone, and welcome to the Nine Energy Service earnings conference call to discuss our results for the third quarter of 2018. With me today are Ann Fox, President and CEO, and Clinton Roeder, CFO. We appreciate your participation. (Forward-Looking Cautionary Statements) Our comments today also include non-GAAP financial measures. Additional details and a reconciliation to the most directly comparable GAAP financial measures are also included in our third quarter press release and can be found in the IR section of our website. For today's call, we'll begin with Q3 financial and operational results for the Legacy Nine business only. Magnum Q3 numbers are still under review by their auditors and nine-month actuals as of September 30, 2018, will be filed on an 8-K by January 9, 2019, which is within 75 days of the acquisition date of October 25th of this year. All of Magnum's financial information from the acquisition date forward will be included in our consolidated results and reported under our Completion Solutions segment as part of our completion tools service line. Finally, to end the call, we will provide an update on our technology trials, Q4 guidance, and our 2019 outlook. I will now turn the call over to Ann Fox.