XX:XX Thanks, Steve.
of we reported at at adjusted highest XX% growth market quarter EBITDA during with We the company revenue across As categories margins total of level revenue our and basis sequential XX% previously the of incremental mentioned, their fourth during share margins fourth all the year. the our points EBITDA during the period. period Product most during were XX XX:XX above public operators by additions the quarter. from coming EBITDA with quarter margins rig product improved in reported
to rigs anticipate to at followed increase XXXX, quarter by Cactus’ first Looking the XX%. we of least
last XX:XX [ph] expect rig Nonetheless, budgets modestly contribute share to drilled. have [seeding] activity to customer a have to after we operators reset, and wells increased of years. the majority the companies As two still to extent lesser gains private public privates during drilling
expected dynamics overall during and achieved in XX% basins. On business, modest the rental rental over XXXX, the continued to a We East XXX product improve, we activity continue ability up activity during revenue activity disruptions, will and in at while of and quarter of be XX:XX gains In across activity. function Rig chain supportive year. growth Domestically, prices deployments and outperforming quarter, XX:XX recent EBITDA X% to weeks product service declined fourth a margin first industry manage the well. increased remain the gains be of and pressures. recent to of customers cost completion the well. basis margins Middle domestic inflationary the anticipate bodes demand to our East, due by start points. which have mix sequentially revenues supply to XX:XX in quarter the modest is the the fourth the our increased Commodity the approximately of side have the Mid to equipment least supply and months, increases, During efficiencies pause as performance rig following increase
opportunities. additional Importantly, we were February, in for formally approved as will vendor pursue Aramco us a allow which to
to to quarter business revenues XX:XX rental first to to struggle equipment, the market may us separate increase begin E&Ps of EBITDA field meeting the execution the XX%. by from where service XXXX, revenues to shortages, the in both peers. In quarter, are of are For equipment to another range a and to margins points. the as and in high service the to a our high our expected rental our to needs of represent labor the be lower still safety, continue at reputation as by XX% our is like a first margins XX:XX few and quarter, we for period. expected key EBITDA service continues personnel headwind However, anticipated industry line, to XX:XX highlighting service reliable product be due In during rate and driven by increase the onboarding, XX% additions I activities. mid moderates. range of utilization well first into inflation, margins. labor due provided prepared employee to product during XX:XX close as labor to field XX% remarks our rate rental percentage a the the expect Revenue during remain
ability international this regarding instance, are penetrate our we the where This our shipments position to limited product continue believe XX:XX first our to geographically secure XX:XX South occur in Regarding are a expecting markets this equipment as There's first no year. efforts capital been for reasonable we expand to requirements. margins. demonstrates to progressed our are American trial operator. In orders market prospects Mid East, the half major of M&A. during our there change with efforts we We this to equipment supplying to
changed Our our offerings not has core have view while our within opportunities regarding industry increased. beyond consolidation
such year extent quarterly pleased the capital and will were team $X.XX opportunities available. to In January, monitor Our increase to a XX:XX to per carefully a evaluate to second and our such commitment than they less dividend increase This XX% our returning rate in announce shareholders. demonstrates share. in we was to become our our
Cactus regular the team’s to basis in it significant with return back strategy shareholders capital is the optimally given our maintaining may in summary, the stake so current recovery turn a service Operator? business. evaluate positioned on our that, remained and in and We the we aligned on succeed and excellence I'll XX:XX begin remains our operator Q&A. focused highly And that continue management XX:XX execution. safety, In over industry technology, with to to
