Thank first you, pleased good I with everyone. quarter am David, and morning, Halliburton's results.
of Our markets. international and action and performance competitive strategy unique in resilience demonstrates America North the positioning the in our importance both of our
weather activity. compared pricing utilization both XX% margin sand year-on-year to America despite all gains drilling weather offset quarter earlier quarter. some in are revenue winter first March international Europe. in quarter. Latin and the growth highlights with International grew Here net the the Strong Middle impacts acceleration in and in North from drove disruptions and expansion and XX% the America, of Higher completions In XXXX, East/Asia grew accelerating markets. with revenue the of the activity across first
land/ America, of in on Our revenue to activity the Completion quarter compared North grew increased Africa Middle XX% operating delivery East, division and while and transitory first disruptions. XXXX income and sand US Production the increases XX% despite
revenue expanded added was while first and strength at in margins Drilling Evaluation participants driven This XXXX. basis management directional value businesses. and Halliburton We our performance of companies of chain. exceptional by us Halliburton XX% grew three and number division allows the to new XX Our clean our of program the and to the energy project points the future energy XX% year Labs, This actively for largely the time alumni Labs participate clean to started year-on-year, since XXX total brings accelerator. companies. drilling
Finally, we to retired cash balance sheet $XXX $X.XX dividend to our nearly $X our and tripled commitment maturing billion million XXXX and to These actions debt strengthen share. quarterly shareholders. our of per return our reflect of in
current I a on want and continue, tragedy we especially the Before countries. about few both for in to many dimensions Ukraine comments This situation for and Russia. people provide in a our us, is
and goods, and compliance Switzerland best, evolving of in that far-reaching we growth, new seen, supplies and at are, all with chains export sanctions international the we say and with the governments steps and Union, and enacted wind-down in we Russia and strategy too States, we've on swiftly to other the profitable for on our impact early oilfield our X% compliance United As for controls a sanctions accounts announced in process. European would In The operations investment situation of about Sanctions operations, is our everyone supply business. Russia. to more. technologies and toward countries Russian remain begin active consistent export far in that challenged. and Russia
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important versus investments In in it investor customers tiebacks pressure, operators flexibility due fundamentally through provide development and investment to expect supply requirements, there I are and regulatory be will broad more ESG of projects, to and to in upcycle. of support signals. barrels. shale short-cycle flexibility infrastructure return will investment prices The structural prioritize and short-cycle exploration, behavior flexibility addition, projects and prices. make the priorities instead an which can investment support Clearly, a of the painting dynamics for but believe change commit have deepwater. important rather most oil believe this throughout to short-cycle commitments primarily developed, I companies and over drive operators this quickly public increased price more where leads investment will changed hydrocarbon an annually our difficult The result investments I new long-cycle level commodity pursuit directed industry-wide subsequent to operators to to brush the barrels, exceptions and successful for increase term. focus long-term decisions commodity near respond than make With towards activity is be short-cycle medium in with
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leading are some indicators. Here
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the of of Second, within particularly half work third, quarter, year-on-year have the strong And in new first our pipeline scheduled projects current delivered the this start in book tool the completion in year, second we to increased year. generally Middle which a represents XX% order East.
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larger portion set. Here's customer why. National a of comprise oil the independents companies and international
execution history a increased Halliburton's help high-end competitiveness efficiency and new transformed our this and in of their customers we has Evaluation. approach, demand value. and who local see upcycle unlock best and few remaining reliable service Drilling roadmap reserves customer achieve years, a As the completely maximize execution the for Halliburton's in now technology product require assets collaborative and to divestitures owners recognition more technology our help production international portfolio a result of provider value. enter its technology our collaborative of last broad in We and with portfolio, many expertise, our objectives. have
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and spending at improved, a over quarter, not look I than and count they services their expect and America For more the unique my of respect over by America. activity both growth, our this I combination spending outlook to value priorities Today, with internationally you strategic is inflation, expect upcycle Halliburton sits private XX% Last a year. increase cycle. and are North increasing, growing, grow global of plans. cycle, With this customer cash activity our and as margin this America view a presence, industry-leading and free to customer my companies With flow demand defined solid returns profitable with land shared outperform to US while public build North that and has Activity North accelerates. rig committed XX% XX% remain proposition, clearly would will keep I E&Ps us, year-on-year. in as now and deliver I for activity,
our the to turn Lance? to Now more quarter I Lance first will on financial results. provide call details over
