Operator

Good afternoon, ladies and gentlemen, and welcome to the Ensign Energy Services Inc. First Quarter 2026 Results Conference Call. [Operator Instructions] This call is being recorded on Thursday, May 7, 2026.

I would now like to turn the conference over to Michael Gray, Chief Financial Officer. Please go ahead.

Michael Gray

Thank you. Yes, just to clarify, former Chief Financial Officer. But, thank you, and good morning, and welcome to Ensign Energy Services First Quarter Conference Call and Webcast.

On our call today, Bob Geddes, President and COO; Trevor Russell, new Chief Financial Officer; and myself, Mike Gray. Today, we will review Ensign's first quarter highlights, financial results, followed by operational update and outlook. We will then open the call for questions after that.

Our discussion today may include forward-looking statements based upon current expectations and involve several business risks and uncertainties. The factors that could cause results to differ materially include, but are not limited to, political and economic and market conditions, crude oil and natural gas prices, foreign currency fluctuations, weather conditions, the company's defensive lawsuits, the ability of oil and gas companies to pay accounts receivable balances or other unforeseen conditions which could impact the demand for services supplied by the company.

Additionally, our discussion today may refer to non-GAAP financial measures such as adjusted EBITDA. Please see our first quarter earnings