Dril-Quip Inc (NYSE:DRQ)
$ 19.23 -0.01 (-0.05%) Market Cap: 661.90 Mil Enterprise Value: 476.88 Mil PE Ratio: 0 PB Ratio: 0.77 GF Score: 75/100

Q4 2019 Dril-Quip Inc Earnings Call Transcript

Feb 28, 2020 / 03:00PM GMT
Release Date Price: $35.62 (+7.39%)
Operator;Blake T.

Ladies and gentlemen, thank you for standing by. Welcome to Dril-Quip's Conference Call. (Operator Instructions) An updated investor deck was posted under the Investors tab on the company's website yesterday along with earnings release and will be referenced during today's call. The conference is being recorded, and a replay will be made available on the company's website following the call.

Before we begin, I would like to remind you that Dril-Quip's comments may include forward-looking statements and discuss non-GAAP financial measures. It should be noted that a variety of factors could cause Dril-Quip's actual results to differ materially from anticipated results or expectations expressed in these forward-looking statements. Please refer to the fourth quarter 2019 financial and operational results announcement we released yesterday for a full disclosure on forward-looking statements and reconciliations of non-GAAP measures.

I would now like to turn the conference over to Blake DeBerry, Dril-Quip's President and Chief Executive Officer. Please go ahead, sir.

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