Operator

Greetings, and welcome to Fervo Energy's First Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It's now my pleasure to introduce your host, Paxton Bentzinger, Senior Director, Corporate Development and Investor Relations. Please go ahead, sir.

Paxton Bentzinger

Thank you. Good morning, everyone, and welcome to Fervo Energy's Q1 2026 Earnings Call. Joining us today are Tim Latimer, Co-Founder and Chief Executive Officer; and David Ulrey, Chief Financial Officer.

Before we begin, I'd like to remind everyone that today's discussion will contain forward-looking statements within the meaning of applicable securities laws. These statements reflect management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially. Please refer to the forward-looking statements and risk factors disclosed in today's earnings release and in our filings with the SEC. Additionally, today's discussion may include certain non-GAAP financial measures. Reconciliation tables are provided in the appendix of the earnings release as applicable.

With that, I'll turn the call over to Tim.

Timothy Latimer
Co-Founder, Chairman, CEO, President & Treasurer

Thank