TETRA Technologies Inc. (TTI) CEO Brady Murphy on Q3 2019 Results - Earnings Call Transcript

TETRA Technologies Inc. (NYSE:TTI) Q3 2019 Earnings Conference Call November 7, 2019 10:30 AM ET

Company Participants

Brady M. Murphy - Chief Executive Officer
Elijio Serrano - Chief Financial Officer
Jacek Mucha - Vice President of Finance & Treasurer

Conference Call Participants

Praveen Narra - Raymond James
John Watson - Simmons Energy
Steven Gengaro - Stifel Inc

Operator

Good morning and welcome to the TETRA Technologies Third Quarter 2019 Results Conference Call. The speakers for today's conference call are Brady M. Murphy, Chief Executive Officer; and Elijio Serrano, Chief Financial Officer; and Jacek Mucha, Vice President of Finance and Treasurer. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] please note this event is being recorded.

I will now turn the conference over to Mr. Mucha. Please go ahead.

Jacek Mucha

Thank you, Drew. This conference call may contain certain statements that are or may be deemed to be forward looking statements. These statements are based on certain assumptions and analysis made by TETRA and are based on a number of factors. These statements are subject to a number of risks and uncertainties many of which are beyond the control the company. You are cautioned that such statements are not guarantees of future performance and that actual results may differ materially for those projected in the forward-looking statements.

In addition, in the course of the call, we may refer to net debt, free cash flow, adjusted EBITDA, adjusted profit before tax or adjusted earnings per share, backlog, coverage ratio or other non-GAAP financial measures. Please refer to this morning's news release or go to our public website for reconciliations of non-GAAP financial measures to the nearest GAAP measures. These reconciliations are not a substitute for financial information prepared in accordance with GAAP and should be considered