On the conflict in the Middle East, Murphy said the region has historically represented about 5% of company revenue and that he did not expect an overall negative impact, citing expected strength in the U.S., Europe, and Latin America. CFO Matt Sanderson added that offshore activity in the Middle East has slowed and that logistics into the region face higher costs and shipping delays, which could delay some second-quarter completion fluids sales. However, Sanderson said manufacturing has been unaffected bec ...