May 6, 2025
Energy

Koil Energy Solutions, Inc. (KLNG) Q2 2024 Earnings Call Transcript


Koil Energy Solutions, Inc. (OTCQB:KLNG) Q2 2024 Earnings Conference Call August 5, 2024 7:30 PM ET

Company Participants

Erik Wiik – Chief Executive Officer
Trevor Ashurst – Vice President of Finance,

Conference Call Participants

Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Koil Energy’s Second Quarter 2024 Conference Call. During the presentation all participants will be in a listen only mode. After the speakers remarks you will be invited to participate in a question-and-answer session. As a reminder, this call is being recorded today, Monday, August 5, 2024.

A detailed disclaimer related to Koil Energy’s forward-looking statements is included in the press release issued Monday morning and filed with the SEC. It is also available on the company’s website at koilenergy.com or upon request.

A reconciliation of non-GAAP financial measures used in the press release and on today’s call is included in the press release and on the website. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.

Koil Energy also undertakes no obligation to revise any of its forward-looking statements to reflect events or circumstances after the date made.

At this time, I’d like to turn the call over to CEO, Erik Wiik. Please go ahead.

Erik Wiik

Good morning. Thank you all for joining us. In today’s briefing, I’ll present an overview of our performance in the second quarter and update you on the strategic initiatives underway to drive Koil’s growth trajectory.

Following my overview, Trevor will provide a more comprehensive analysis of our financial performance. Subsequently, I’ll provide our view of the current market situation and how Koil is positioned for further growth. Afterwards, we’ll be happy to answer your questions.

We achieved yet another quarter of strong performance, marked by outstanding



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