Fireside Chat Preview
We are hosting a fireside chat with DistributionNOW’s President & CEO David Cherechinsky and Vice President Digital Strategy & Investor Relations Brad Wise on Tuesday, September 12, 2023, at 1:00 pm ET. DistributionNOW is a global distribution company serving customer needs across all segments of the energy value chain and other industries, including chemical processing, mining, utilities, and renewables. The company’s goal is to be recognized as the market leader in supply chain management for the markets it serves by providing superior customer service. Our conversation will focus on how DistributionNOW’s fulfillment model supports the formation of strategic partnerships with customers to increase efficiency in the procurement process. While near-term revenue is still correlated with capital spending cycles in the energy industry, DistributionNOW’s Energy Center product catalogue and Process Solutions offerings expose it to new revenue streams from the energy evolution and from other industrial applications. We will discuss how the company’s fulfillment model is suited to serve customers’ needs in an evolving energy industry and reach new markets in other industrial applications. Many of DistributionNOW’s existing customers are advancing new business opportunities in carbon capture, renewable natural gas, and mining. We will discuss DistributionNOW’s ability to meet the evolving needs of existing customers and serve new customers pursuing these types of opportunities. DistributionNOW provides products and engineered solutions under its Process Solutions umbrella to help customers meet their emissions management and reduction goals. The 4Q22 EcoVapor acquisition provides customers with a solution to eliminate fugitive methane emissions from traditional energy and renewable natural gas processes. Our fireside chat is open access. Investors can register for the event by clicking on this link or by visiting the Events tab of Water Tower Research’s homepage ().NOW, through its subsidiaries, is a distributor to the oil and gas and industrial markets. The company's global product offering includes consumable maintenance, repair and operating supplies, pipe, valves, fittings, flanges, gaskets, fasteners, electrical, instrumentation, artificial lift, pumping solutions, valve actuation and modular process, measurement and control equipment. The company also provides warehouse and inventory management solutions as part of its supply chain and materials management offering. The company's solutions include outsourcing the functions of procurement, inventory and warehouse management, logistics, point of issue technology, project management, as well as business process.
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