Core Laboratories N.V. (NYSE:CLB) Q1 2024 Earnings Call Transcript

Larry Bruno: Okay. We’ll wrap up here. In summary, Core’s operational leadership continues to position the Company for improving client activity levels for 2024 and beyond. We have never been better operationally or technologically positioned to help our global client base, optimize their reservoirs and to address their evolving needs. We remain uniquely focused and are the most technologically advanced, client-focused, reservoir optimization company in the oilfield service sector. The company will remain focused on maximizing free cash and returns on invested capital. In addition to our quarterly dividends, will bring value to our shareholders via growth opportunities driven by both the introduction of problem-solving technologies, and new market penetration.

In the near term, Core will continue to use free cash to strengthen its balance sheet while always investing in growth opportunities. So in closing, we thank and appreciate all of our shareholders and the analysts that cover Core Lab. The executive management team and the Board of Core Laboratories, give a special thanks to our worldwide employees that have made these results possible. We’re proud to be associated with their continuing achievements. So, thanks for spending time with us, and we look forward to our next update. Goodbye for now.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.