ProPetro Holding Corp. (PUMP) CEO Phillip Gobe on Q4 2019 Results - Earnings Call Transcript

ProPetro Holding Corp. (NYSE:PUMP) Q4 2019 Results Earnings Conference Call April 1, 2020 9:00 AM ET

Company Participants

Sam Sledge - Chief Strategy and Administrative Officer
Phillip Gobe - Chief Executive Officer and Chairman of the Board of Directors
Adam Muñoz - Senior Vice President of Operations

Conference Call Participants

Praveen Narra - Raymond James
Sean Meakim - JPMorgan
Tommy Moll - Stephens
Scott Gruber - Citi
George O'Leary - TPH & Company
Chris Voie - Wells Fargo
Chase Mulvehill - Bank of America Securities
Stephen Gengaro - Stifel
Kurt Hallead - RBC
Waqar Syed - AltaCorp Capital
Blake Gendron - Wolfe Research

Operator

Good day and welcome to the ProPetro Holding Corp. fourth quarter and full year 2019 earnings release conference call. 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 would now like to turn the conference over to, Sam Sledge, Chief Strategy and Administrative Officer. Please go ahead.

Sam Sledge

Thanks and good morning everyone. We appreciate your participation in today's call. With me today is Chief Executive Officer, Phillip Gobe, Interim Chief Financial Officer, Darin Holderness and Senior Vice President of Operations, Adam Muñoz.

Yesterday afternoon, we released our earnings announcement for the fourth quarter and year ended December 31, 2019. Additionally, last week, we announced a number of strategic actions to align our cost structure to better reflect current expected lower activity levels. These press releases are available on our website at www.propetroservices.com.

Please note that any comments we make on today's call regarding projections or our expectations for future events are forward-looking statements covered by the Private Securities Litigation Reform Act. Forward-looking statements are subject to several risks and uncertainties, many of which are beyond