DNOW Inc. (DNOW) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.355 Good morning. My name is Jeannie and I will be your conference operator today. 00:00:04.355 -- 00:00:08.620 At this time, I would like to welcome everyone to the D-NOW fourth quarter and full year 00:00:08.620 -- 00:00:13.925 2025 earnings conference call. All lines have been placed on mute to prevent 00:00:13.925 -- 00:00:18.470 any background noise. After the speaker's remarks, there will be a question and answer 00:00:18.470 -- 00:00:22.894 session. If you would like to ask a question during this time, simply press star followed 00:00:22.894 -- 00:00:25.777 by the number one on your telephone keypad. 00:00:25.777 -- 00:00:28.300 If you would like to withdraw your question, press star one again. 00:00:28.300 -- 00:00:33.364 Thank you. Mr. Brad Weiss, Vice President of Digital Strategy and 00:00:33.364 -- 00:00:36.948 Investor Relations, you may begin your conference. 00:00:36.948 -- 00:00:40.773 Well, thank you, Jeanne. Good morning, and welcome to D-NOW's fourth quarter and full 00:00:40.773 -- 00:00:45.898 year 2025 earnings conference call. We appreciate you joining us, and thank you 00:00:45.898 -- 00:00:48.201 for your interest in D-NOW. 00:00:48.201 -- 00:00:53.607 With me today is David Cherchensky, President and Chief Executive Officer, and Mark Johnson, 00:00:53.607 -- 00:00:56.714 Senior Vice President and Chief Financial Officer. 00:00:56.714 -- 00:01:02.240 We operate under the D-NOW brand, which is also our New York Stock Exchange ticker symbol. 00:01:02.240 -- 00:01:06.784 Please note that some of the statements we make during this call, including responses 00:01:06.784 -- 00:01:11.709 to your questions, may contain forecasts, projections, and estimates, including but not 00:01:11.709 -- 00:01:16.014 limited to comm...