Jawad Bhuiyan's questions to DMC Global Inc (BOOM) leadership • Q2 2025
Question
Jawad Bhuiyan of Stifel Financial Corp. inquired about the sales expectations for the DynaEnergetics segment in the second half of the year relative to the broader market. He also asked about the impact of the growing market trend towards oriented perforating guns on DMC's business.
Answer
CFO Eric Walter projected that activity in DynaEnergetics' primary U.S. markets would decline in the second half, consistent with the broader oilfield services space, with some potential for higher international sales. CEO James O'Leary acknowledged that oriented perforating is a market trend and confirmed DMC has a competitive product, but stated it does not fundamentally alter market dynamics, which are primarily driven by energy prices.