Bay Street News

Apergy Ranked #1 in Total Satisfaction in Oilfield Products Segment of Independent Customer Satisfaction Survey

Apergy also ranked #1 in five other categories:

THE WOODLANDS, Texas, Feb. 11, 2019 (GLOBE NEWSWIRE) — Apergy Corporation (“Apergy”) (NYSE: APY) has earned the top overall ranking for total customer satisfaction and was ranked first in five additional categories in the 2018-19 Oilfield Products & Services Customer Satisfaction Survey conducted by EnergyPoint Research. This independent annual survey is the industry benchmark for measuring customer satisfaction across the global oilfield and is comprised of thousands of in-depth evaluations.

Apergy rated first in Total Satisfaction, Artificial Lift, Engineering & Design, Performance & Reliability, Horizontal & Directional Wells, and Onshore Applications in the Oilfield Products segment of the EnergyPoint survey ended December 31, 2018.

Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer, stated, “We are honored to be recognized for our commitment to continuously advocate for our customers. Our strategy and the work we do are highly focused around providing products and technology that drive our customers’ success. This customer centric strategy allows for decision making that is closer to the customer and guides our operating philosophy. Achieving this success across six unique categories, including total satisfaction, reflects our team members’ efforts to exceed customer expectations every day. Our team’s dedication to quality, service and customer driven innovation are clearly the differentiators that set Apergy apart.”

Doug Sheridan, Managing Director of EnergyPoint, noted, “The survey’s highly ranked oilfield suppliers have increased their customer focus and performance in response to challenging times. This year’s ratings leaders all embrace quality, execution, reliability and customer service as central organizational tenets. If history is any gauge, they are the vanguard that will drive the industry’s future success.”

About Energy Point Research

EnergyPoint Research provides independent research regarding the customer satisfaction of suppliers of products and services to the energy industry. Founded in 2003, the firm publishes annual customer satisfaction ratings and rankings in six industry segments, including: onshore drilling, offshore drilling, oilfield services, oilfield products, midstream services and gasoline retailers. For more information regarding EnergyPoint Research or its independent oilfield supplier surveys, visit the company’s website at www.energypointresearch.com or contact the company at info@energypointresearch.com.

About Apergy

Apergy is a leading provider of highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world. Apergy’s products provide efficient functioning throughout the lifecycle of a well – from drilling to completion to production. Apergy’s Production & Automation Technologies offerings consist of artificial lift equipment and solutions, including rod pumping systems, electric submersible pump systems, progressive cavity pumps and drive systems and plunger lifts, as well as a full automation and digital offering consisting of equipment and software for Industrial Internet of Things (“IIoT”) solutions for downhole monitoring, wellsite productivity enhancement, and asset integrity management.  Apergy’s Drilling Technologies offering provides market leading polycrystalline diamond cutters and bearings that result in cost effective and efficient drilling. To learn more about Apergy, visit our website at http://www.apergy.com.

Investor Contact: David Skipper
david.skipper@apergy.com  
713-230-8031

Media Contact: John Breed
john.breed@apergy.com 
281-403-5751