Atlas Energy Solutions Inc.

Greetings and welcome to the Atlas Energy Solutions third quarter 2024 financial and operational results conference call. At this time, all participants are in the listen only mode. A brief question and answer session will follow the formal presentation. Should anyone require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Kyle Turlington, VP Investor Relations. Thank you. You may begin.

Hello, and welcome to the ILS Energy Solutions conference call and webcast for the third quarter of 2024. With us today are Bud Brigham, Executive Chairman, John Turner, CEO, and Blake McCarthy, CFO. Bud, John, and Blake will be sharing their comments on the company's operational and financial performance for the third quarter of 2024, after which we will open the call for Q&A. Before we begin our prepared remarks, I would like to remind everyone that this call will include forward-looking statements defined under the U.S. security laws. Such statements are based on current information and management's expectations as of this statement and are not guarantees of future performance. Forward-looking statements involve certain risks, uncertainties, and assumptions that are difficult to predict. As such, our actual outcomes and results could differ materially. You can learn more about these risks in the annual report on Form 10-K we filed with the SEC on February 27, 2024, our quarterly reports on Form 10-Q, and other SEC filings. You should not place undue reliance on forward-looking statements, and we undertake no obligation to update these forward-looking statements. We will also refer to certain non-GAAP financial measures, such as adjusted EBITDA, adjusted free cash flow, and other operating metrics and statistics. You will find the gap reconciliation comments and calculations in the press release we issued yesterday afternoon. With that said, I will now turn the call over to Bud Berger.

Thank you, Kyle, and thanks to everyone for joining us today for our third quarter conference call. Before I let John and Blake run through the quarter and our outlook, I want to take a quick moment to take a step back and reflect on where ATLAS as an organization stands. When we founded Atlas back in 2017, we believed there was a huge opportunity to drive improvements across the property value chain with regard to both how the sand is mined and how it's delivered to customer well sites. Our stated goal is to do our part, as we are uniquely positioned in this regard, to help transform the Permian into a more efficient factory on the ground. We have already succeeded in becoming a low-cost provider of reliable propent for Permian operators and are now on the cusp of a step change relative to traditional delivery systems by implementing the Dune Express to take thousands of trucks off the public roads. By doing so, we will both enhance efficiencies and reliability while also reducing emissions. Most importantly, the Dune Express will make the roads and our communities in the Permian safer. Today, we are just weeks away from realizing that vision. The Dune Express continues to be on track and on budget. All the major highway and lease roads crossings are now complete, and more than 95% of the belt has been placed on the conveyor. From the outset, We knew the electrical infrastructure had the potential to be one of the big gating items for the project. But with the factory testing complete for the four electric houses now either being currently installed or en route to West Texas, this piece has also been de-risked. All the credit goes to our wonderful construction team, our employees, and our trusted suppliers, who have turned what seemed like a pipe dream to many into what will become a revolutionary piece of infrastructure in the Delaware Basin. Thanks to them and our customers who are stepping forward for the benefit of the communities and the environment, the Permian Basin will be further differentiated as the premier domestic oil and gas basin in the country and as a much safer, cleaner, and better place to live and work. With that, let me hand the call over to John Turner.