Despite increases in commodity prices and the broader equity markets, our Sequeira OFS index finished April mostly unchanged, declining 0.1% month over month. Performance across industry subsectors was mostly flat though there were some bright spots, as many companies reported Q1 results which generally exceeded analyst expectations. In particular, the Camps & Catering subsector saw price appreciation in the month, primarily on the backs of strong Q1 results and momentum from Black Diamond and Horizon North. In particular, HNL notably beat its revenue and EBITDA expectations in the quarter due to stronger than expected bed rentals. We are optimistic these trends carry into Q2 and spur further pricing recovery for the oilfield service sector as a whole.