Halliburton Company (NYSE:HAL) Q1 2023 Earnings Call Transcript

Stephen Gengaro: And then just as a quick follow-up, are you seeing tightness in sand? And is that a profit center for you and any material movements in that over the last couple of quarters?

A –Jeff Miller: No. Not a lot of movement in the last few quarters. And again, I view it like all inputs to our business. It’s going to fluctuate at different times, different levels. There’s a lot of sand in the world, and it’s quite available. So I don’t view that as a long-term impediment to anything that we’re trying to do just given the availability and really how to go about producing it.

Operator: And that’s all the time we have for questions. I’d like to turn the call back to Mr. Jeff Miller for any closing remarks.

Jeff Miller : Yes. Thank you, and thank you all for participating in today’s call. Let me close out the call with just a couple of comments. First, Halliburton’s performance in the first quarter demonstrated the earnings power of our strategy. And then secondly, my outlook for Halliburton is strong and everything I see today points towards more cash to shareholders. I look forward to speaking with you next quarter. Let’s close out the call. Thank you.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.