DMC Global's (BOOM) DynaEnergetics Announces Tariff Surcharge
Get Alerts BOOM Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +7.2%
Join SI Premium – FREE
DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today announced it will institute a tariff surcharge ranging from 7% to 9% on all perforating systems sold in North America, effective April 5, 2025. The surcharge is being implemented in response to higher raw material costs resulting from U.S. tariffs announced to date. The surcharge will be applied to DynaEnergetics’ DS Infinity™ 2.0, DS Gravity™ 2.0 and DS NLine™ 2.0 perforating systems, as well as all other systems and components utilized by North America’s onshore oil and gas industry.
DynaEnergetics said its decision to address tariff-related cost increases by way of a surcharge is intended to maintain transparency in its pricing. Customers will receive detailed implementation information through their DynaEnergetics sales representatives.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing wins $20B U.S. Navy contract for sixth-generation fighter jet
- Trump To Unveil $54 Billion Alaska Lng Plan Amid Midterm Woes - Bloomberg
- Universe Pharmaceuticals (UPC) files $200M mixed shelf
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share