The earnings release we issued earlier today can be found on our website at bakerhughes.com. As a reminder, during the course of this conference call, we will provide forward-looking statements. These statements are not guarantees of future performance and involve a number of risks and assumptions. Please review our SEC filings and website for a discussion of some of the factors that could cause actual results to differ materially. As you know, reconciliations of operating income and other gap to non-gap measures can be found in our earnings release. With that, I will turn the call over to Lorenzo. Thank you, Judd. Good morning, everyone, and thanks for joining us. We are pleased with our fourth quarter results as we generated another quarter of strong free cash flow, solid margin rate improvement, and strong orders performance from TPS. During the quarter, TPS continued to operate at a high level. OFE successfully executed on its cost improvement initiatives, and OFS performed extremely well despite continued pressure on supply chain and commodity inflation.

Jan 20, 2022 / receipt, needs a key / Lorenzo Ciminelli, CEO | earnings call 2022-01-20 | transcript 168a80d2-b960-4a2a-9fac-058f3df7632d | chars 869-1944 | segment 0

In addition, TPS, OFS and OFE were negatively impacted by travel and work-related restrictions, as well as rig and site shutdowns related to the pandemic.

Apr 22, 2020 / receipt, needs a key / Brian O'De, CFO | earnings call 2020-04-22 | transcript 58265db6-84d9-41d9-b66b-6a33e3424655 | chars 19107-19261 | segment 19

So there will be likely some immediate impact related to some FE travel.

Apr 22, 2020 / receipt, needs a key / Brian Hall, CEO | earnings call 2020-04-22 | transcript 58265db6-84d9-41d9-b66b-6a33e3424655 | chars 39497-39569 | segment 40

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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company_statement / Sep 16, 2026 / receipt

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