Operator
Good morning, and thank you for standing by. This is the conference operator. Welcome to the Source Energy Services Second Quarter 2026 Results Conference Call. [Operator Instructions] And the conference is being recorded.
[Operator Instructions]
I would now like to turn the conference over to you, Scott Melbourn, CEO. Mr. Melbourn, please proceed.
Scott Melbourn
President, CEO & Director
Thank you, operator. Good morning, and welcome to Source Energy Services Second Quarter 2026 Conference Call. My name is Scott Melbourn. I’m the CEO of Source. I’m joined today by Derren Newell, our CFO. This morning, we will provide a brief overview of the quarter, which will be — which will immediately be followed by a question-and-answer period.
Before I get started, I’d like to refer everyone to the financial statements and the MD&A that were posted to SEDAR and the company’s website last night and remind you of the advisory on forward-looking information found in our MD&A and press release. On this call, Source’s numbers are in Canadian dollars and metric tons, and we will refer to adjusted gross margin, adjusted EBITDA, and free cash flow, which are non-IFRS measures as described in our MD&A. Except for the items just mentioned, our financial information is prepared in accordance with IFRS.
The second quarter continued the trend of slower natural gas-based completion activity as Western Canadian natural gas prices remained weak. As a result of the weak commodity prices, our customers have planned or deferred a large portion — a larger
 Q2 2026 Earnings Call Transcript){kind=link}