Dril-Quip Inc (NYSE:DRQ)
$ 19.01 -0.22 (-1.14%) Market Cap: 654.34 Mil Enterprise Value: 476.53 Mil PE Ratio: 0 PB Ratio: 0.76 GF Score: 73/100

Q2 2020 Dril-Quip Inc Earnings Call Transcript

Jul 31, 2020 / 03:00PM GMT
Release Date Price: $33.29 (-3.95%)
Operator

Welcome, and thank you all for standing by. I would like to inform all participants that this conference is being recorded. (Operator Instructions)

Now I would like to turn the meeting over to Sean Meakim. Thank you. You may now begin.

Sean Christopher Meakim
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Thank you. Good morning, everyone. I'm Sean Meakim, Oil Services Analyst at JPMorgan. Thanks, everyone, for joining us for this fireside chat with the executive team from Dril-Quip on the back of their 2Q results that were released last night.

In addition to the release, the company has a slide deck available on our website, so be sure to check that out. Joining me today is CEO of Dril-Quip, Blake DeBerry; and recently appointed CFO, Raj Kumar. Blake's been with the company 32 years now, including the last 9 or so as CEO. He's also a director on the Board. And I'll come back to Blake's background in a second.

But first, I wanted to introduce Raj. Raj's tenure is a bit shorter than Blake's. Having

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