எங்களுக்கு ப்ரோஸெஸ் தீர்வுகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from எங்களுக்கு ப்ரோஸெஸ் தீர்வுகள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In எங்களுக்கு ப்ரோஸெஸ் தீர்வுகள் Today - Breaking & Trending Today

NOW Inc (DNOW) Q4 2020 Earnings Call Transcript


Operator
Hello, and welcome to the Fourth Quarter and Full Year 2020 Earnings Conference Call. My name is Sheryl and I will be your operator for today s call. [Operator Instructions]. Later, we will conduct a question-and-answer session. [Operator Instructions]. Please note that due to the recent severe weather conditions, if the speakers on the call get disconnected, please standby and we will work to reestablish their connection. I will now turn the call over to Vice President, Marketing and Investor Relations, Brad Wise. Sir, you may begin.
Brad Wise
Vice President, Marketing and Investor Relations
Good morning, and welcome to NOW Inc. s fourth quarter and full year 2020 earnings conference call. We appreciate you joining us, and thank you for your interest in NOW, Inc. Please note, should there be reconnectivity issues during the current severe weather conditions in the Houston area, I wanted to remind everyone listening today, that a replay will be availabl ....

United States , Eagle Ford , North Slope , Canada General , Jonathan Hunter Cowen , Jon Hunter , Mark Johnson , Nathan Jones Stifel Nicolaus , Nathan Jones , David Cherechinsky , Sean Meakim , Exchange Commission , York Stock Exchange , Us Energy , Us Process Solutions , Our Us Process Solutions , New York Stock Exchange , Casper Power Service , Fourth Quarter , Full Year , Vice President , Investor Relations , Chief Executive Officer , Senior Vice President , Chief Financial , Northern Rockies ,

DNOW Moves Forward With Half the Revenue and 43% Fewer Employees it Had a Year Ago


DNOW Moves Forward With Half the Revenue and 43% Fewer Employees it Had a Year Ago
Sequential sales were still down slightly in Q4, but the transformed and debt-less distributor eyes improvement in Q1.
Feb 17th, 2021
Oilfield products distributor and energy services provider NOW Inc. reported its 2020 fourth quarter and full year financial results on Wednesday, recapping a transformational year for a company that downsized its business by essentially half.
Given that significant downsizing during the year, it s much more useful to emphasize the company s sequential quarterly results than year-over-year.
Houston-based NOW, which does business primarily as DistributionNOW, reported Q4 sales of $319 million, down from $326 million in Q3 and $370 million in Q2. Before dramatically reducing its physical footprint, DNOW s Q4 2019 sales were $639 million. As for US revenue, the company said US energy comprised 81 percent of Q4 sales, with US Process Solutions contribu ....

United States , Us Process Solutions , Industrial Distribution , ஒன்றுபட்டது மாநிலங்களில் , எங்களுக்கு ப்ரோஸெஸ் தீர்வுகள் , தொழில்துறை விநியோகம் ,