Dril-Quip Inc (NYSE:DRQ)
$ 18.915 -0.315 (-1.64%) Market Cap: 651.06 Mil Enterprise Value: 476.53 Mil PE Ratio: 0 PB Ratio: 0.76 GF Score: 73/100

Q3 2021 Dril-Quip Inc Earnings Call Transcript

Oct 29, 2021 / 03:00PM GMT
Release Date Price: $23.56 (+0.08%)
Operator

Good day. Thank you for standing by, and welcome to the Dril-Quip Q3 2021 Fireside Chat Conference Call. I would now like to hand the conference over to your speaker today, Mr. James West with Evercore ISI. The floor is yours.

James Carlyle West
Evercore ISI Institutional Equities, Research Division - Senior MD

Thanks, and good morning, everyone. Welcome to this morning's fireside chat with Dril-Quip's management team. As mentioned, I'm James West from Evercore ISI. I'm joined today with Blake DeBerry, the company's President and CEO; and Blake's soon-to-be successor, Jeff Bird, who will take over as President and CEO at the turn of the year.

Perhaps before we get started, I'd like to say a few words about Blake and Jeff, I began covering Dril-Quip in the early 2000s when the company's 3 founders shared the titles of Co-Chairman and Co-CEOs. And while Larry, Gary and Mike did an excellent job building Dril-Quip into the highly successful company it is today. It was during Blake's tenure as CEO when a successful transition from a founder-led start-up

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