ProPetro Holding Corp.

Good day and welcome to the Pro Petro Holding Corp. third quarter of 2026 conference call. Please note that this event is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number 1 on your telephone keypad. If you would like to withdraw your question, simply press star 1 again. I would now like to turn the call over to Matt Augustine, ProPetro's Vice President of Finance and Investor Relations. Please go ahead.

Thank you, and good morning. We appreciate your participation in today's call. With me are Chief Executive Officer Sam Sledge, Chief Financial Officer Caleb Weatherl, President and Chief Operating Officer Adam Munoz, the President of ProPower, Travis Simmering. This morning, we released our earnings results for the third quarter of 2026. 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 our control. These risks and uncertainties can cause actual results to differ materially from our current expectations. We advise listeners to review our earnings release and risk factors discussed in our filings with the SEC. Also during today's call, we will reference certain non-GAAP financial measures. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in our earnings reliefs. Finally, after our prepared remarks, we will hold a question and answer session. With that, I would like to turn the call over to Sam.

Thanks, Matt, and good morning, everyone. ProPetro delivered a solid third quarter. Higher revenue, net income, and adjusted EBITDA involved our completions and ProPower. ProPower posted a meaningful sequential step-up. continue to advance its commercial and operational execution and activity across scrap, cementing, and wire. While the cost of rebuilding and completion's capacity continue to weigh on margins, our fleet is now essentially sold out, positioned to re-contract into a tighter, better-priced market in 2027.