Steven Silver: Thanks, operator and good morning and thanks to everybody, for all the color and details in the presentation. It’s been great. My question is a little more big picture. Chris, you’ve spoken quite a bit about how the Offshore Energy and Government Services segments are both in the early stages of long-term growth and demand cycles. With the robust backlog now for Government Services into the next decade and the strong contract reset rates for Offshore Energy that’s expected more near term, I’m just curious as to whether there’s one that you’re more bullish on longer term in terms of both economics and opportunity? And then really just how you’re balancing these fleet utilization needs into your long-term planning?
Christopher Bradshaw: Thanks for the question, which is an important strategic one for us. The way we view this is that they’re really very complementary. If we were just an oilfield services business or just the OES portion of the business, we would obviously have more volatility up and down. I think with the Government Services aspect of our business does is it provides a very stable, long-term cash flow foundation for the company. So we can look at those, and more reliably, project out a baseline level of cash for the company. And those businesses are high margin, high returning. They generate enough cash flow to provide a comfortable interest coverage level over our debt service obligations. So really that, in many ways, allows us to think about our OES business as being in some ways debt-free, because we’re not relying on those cash flows to service our debt, which, again, given the underlying volatility, provides us some level of comfort through cycles.
Where we are today though is we’re emerging in the OES side of our business from a multiyear down cycle. And given the operating leverage inherent in that business, we’re now set to ramp very significantly, and cash flows are generating from that side of the business. So we have more upside in many ways from our OES portfolio because of that operating leverage and where we see the ramp in activity coming, so it’s a nice complement as we view to do.
Steven Silver: Great. Thanks for the color, congratulations.
Christopher Bradshaw: Thank you.
Operator: There are no further questions in the queue. I will now turn the call back over to Christopher Bradshaw for closing remarks.
Christopher Bradshaw: Thank you. And again, thanks to everyone who joined the call today. I know a bit of a different format, but we wanted to provide some additional color and walk through the assumptions and outlook that we have supporting the newly issued guidance for 2025 and 2026, which we think reflects the benefits and the investments that we’re making, the strong demand that we see from the accelerating up cycle and really what will be a much higher level of earnings power for the company in 2026 and beyond. Thanks again, and we look forward to speaking in the future. Stay safe.
Operator: This concludes today’s call. You may now disconnect at any time.
