Connor Jensen

“It was nice to see the backlog reached its highest level since 2015, given the optimism across the industry around the ramp and offshore heading into the next few years.”

“I was just wondering what the confidence level is for revenue conversion for the recent backlog, and if you think that'll hit in the second half of 2026, specifically in offshore manufactured products with the increased macro uncertainty.”

“I was just wondering, as you mentioned, a lot of cash on the balance sheet, more free cash flow expected in 2026. Maybe just talk about your preference of using that for repurchases versus M&A, and then how the M&A market's looking at this time, and if there's any actionable opportunities out there.”

“Just maybe a little color on what happened there and some puts and takes on how that could impact the 20 to 25 percent growth in 2026 on either side of the calendar there.”

“Just building off what you said there, Altera seemed like a relative bright spot to solid results and guidance for further improvement. Can you just speak to some of the growth drivers there, maybe where it's gaining share internationally and some of the upcoming offshore prospects?”