Cactus, Inc.

Good day and thank you for standing by. Welcome to CACTUS conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Alan Boyd, Treasurer and Director of Development and Investor Relationships. Please go ahead.

Thank you and good morning. We appreciate you joining us on today's call. Our speakers will be Scott Bender, our Chairman and Chief Executive Officer, and Jay Nutt, our Chief Financial Officer. Also joining us today are Joel Bender, President, Bender, Chief Operating Officer and CEO of Spoolable Technologies, Steve Tadlock, CEO of Cactus International, and Will Marsh, our General Counsel. Please note that any comments we make on today's call regarding projections or expectations for future events are forward-looking statements covered by the Private Securities Litigation Reform Act. Forward-looking statements are subject to a number of 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 the risk factors discussed in our filings with the SEC. Any forward-looking statements we make today are only as of today's date, and we undertake no obligation to publicly update or review any forward-looking statements. In addition, during today's call, we'll reference certain non-GAAP financial measures. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in our earnings release. With that, I'll turn the call over to Scott.

Thanks, Alan, and good morning to everyone. The second quarter was an excellent quarter for Cactus. Pressure control revenues performed beyond expectations, largely on higher shipments and aftermarket service in the Mideast, as the team worked diligently through conflict-related disruptions. The Spoolable Technologies business accelerated domestically and continued its international market shipments and order momentum. I'd like to thank all of our associates for their focus and commitment. allowing Cactus to safely achieve this high performance level through the quarter. Some second quarter total company financial highlights include revenue of $450 million, adjusted EBITDA of $133 million, adjusted EBITDA margin of 29.5%. We closed the quarter with a cash balance of $366 million, and yesterday we announced that our board approved a 7% increase in our quarterly dividend to $0.15 per share. and I'll turn the call over to Jay Nutt, our CFO, who will review our financial results. And following his remarks, I'll provide some thoughts on our outlook for the near term before opening the lines for Q&A. So, Jay.