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ProPetro Holding Corp. (PUMP) CEO, Phillip Gobe on Q1 2020 Results - Earnings Call Transcript

Jun. 02, 2020 12:50 PM ETProPetro Holding Corp. (PUMP)
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ProPetro Holding Corp. (NYSE:PUMP) Q1 2020 Earnings Conference Call June 2, 2020 9:00 AM ET

Company Participants

Phillip Gobe - Chairman, Chief Executive Officer

Darin Holderness - Chief Financial Officer (interim)

Sam Sledge - Chief Strategy and Administrative Officer

Adam Muñoz - Senior Vice President, Operations

Conference Call Participants

George O’Leary - Tudor Pickering Holt

Sean Meakim - JP Morgan

Tommy Moll - Stephens

Ian MacPherson - Simmons

Marc Bianchi - Cowen

Waqar Syed - AltaCorp Capital

Chase Mulvehill - Bank of America

Scott Gruber - Citigroup

Vaibhav Vaishnav - Scotiabank

Jacob Lundberg - Credit Suisse

Blake Gendron - Wolfe Research

John Daniel - Daniel Energy Partners


Good morning and welcome to the ProPetro Holding Corp. first quarter 2020 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today’s presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then two. 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; Chief Financial Officer, Darin Holderness; and Senior Vice President of Operations, Adam Muñoz.

Yesterday afternoon we released our earnings announcement for the first quarter of 2020. Please note that any comments we make on today’s call regarding projections or our expectations of 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 our control. These risks and

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