I couldn’t have even imagined that bad management could ruin this company so quickly. I hope to get a new job soon because I no longer believe there is anything that could save DQ from sinking. What kind of miracle would it take?
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Only thing Dril-Quip about Dril-Quip is the name, not something old guard want to be associated with.
There biggest fail was late delivery, they are getting worse. No control over supply chain & what is being supplied by DQI is shockingly bad. Open your eyes Jeff, DQI ain’t a patch on DQE.
An implosion. Cannot undo the death spiral. Just hang in for the package. Nobody wants to buy the dumpster fire raging. All the competitors are laughing.
Simply put the Board needs to fire the CEO and get someone who understands operations, the products, and the customer and shows leadership that empowers the employees
More like depression
Is DQ in a recession?
Positioning itself
Board of directors needs to be fired and replaced with people that can see thru the utter incompetence that is systemic of the entire C-Suite. Until then DQ will die a quick death and blow thru the remaining cash that they have left.