Emerge Energy Services’ (EMES) CEO Rick Shearer on Q1 2015 Results – Earnings Call Transcript | Superior Silica Sands

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The oil and gas industry in the United States supports more than 1.7M jobs. This number is expected to rise to 2.0M by the end of 2020.

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Emerge Energy Services’ (EMES) CEO Rick Shearer on Q1 2015 Results – Earnings Call Transcript


Good day ladies and gentlemen and welcome to the Emerge Energy Services’ First Quarter 2015 Earnings Conference Call.

At this time, all participants are in listen-only mode. Later there will question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, today’s call is being recorded.

I would now like to turn the conference over to Warren Bonham, Sir, you may begin.


Warren Bonham, Vice President

Thank you, Shannon.

Just a quick note before we start. Our discussion today may contain forward-looking statements. These statements may include but are not limited to our estimates of future volumes, operating expenses, and capital expenditures and they also include statements concerning anticipated cash flow, liquidity, business strategy, distributions and other plans and objectives for future CapEx and operations. These statements are based on management’s beliefs and assumptions. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can provide no assurance that such expectations will prove to be correct.

These statements are subject to certain risks and uncertainties. If one or more of these risks materializes or should the underlying assumptions prove incorrect, our actual results may vary materially from those expected. These risks are discussed in further detail in our Annual Report 10-K on file with the Securities and Exchange Commission.

Please also note that on this call, we may use the terms adjusted EBITDA and distributable cash flow. These are non-GAAP financial measures and we have provided reconciliations to the most directly comparable GAAP measures in our earnings release published this morning.

And now, I’d like to turn the call over to our Chairman, Ted Beneski.

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