Loren Singletary | Chief Investor and Industry Relations Officer |
Clay Williams | Chairman, President and Chief Executive Officer |
Jose Bayardo | Senior Vice President and Chief Financial Officer |
Marshall Adkins | Raymond James |
Byron Pope | Tudor Pickering Holt |
James Wicklund | Credit Suisse |
Chase Mulvehill | Bank of America Merrill Lynch |
Jud Bailey | Wells Fargo |
Edward Muztafago | Societe Generale |
Good day, ladies and gentlemen. And welcome to the National Oilwell Varco Fourth Quarter and Full Year 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time [Operator Instructions].
As a reminder, this conference call is being recorded.