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DXP Enterprises Inc

DXP Enterprises Inc (DXPE)

52.19
-0.03
( -0.06% )
Updated: 15:34:36

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
52.19
Bid
52.11
Ask
52.31
Volume
80,590
51.27 Day's Range 52.63
28.70 52 Week Range 57.38
Market Cap
Previous Close
52.22
Open
52.35
Last Trade
1
@
52.28
Last Trade Time
15:34:35
Financial Volume
$ 4,187,842
VWAP
51.9648
Average Volume (3m)
138,079
Shares Outstanding
15,928,305
Dividend Yield
-
PE Ratio
12.05
Earnings Per Share (EPS)
4.31
Revenue
1.68B
Net Profit
68.72M

About DXP Enterprises Inc

DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Cent... DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, aerospace mining, agriculture, power, and refining industries. Show more

Sector
Industrial Mach & Eq-whsl
Industry
Industrial Mach & Eq-whsl
Website
Headquarters
Dallas, Texas, USA
Founded
1970
DXP Enterprises Inc is listed in the Industrial Mach & Eq-whsl sector of the NASDAQ with ticker DXPE. The last closing price for DXP Enterprises was $52.22. Over the last year, DXP Enterprises shares have traded in a share price range of $ 28.70 to $ 57.38.

DXP Enterprises currently has 15,928,305 shares outstanding. The market capitalization of DXP Enterprises is $831.78 million. DXP Enterprises has a price to earnings ratio (PE ratio) of 12.05.

DXPE Latest News

DXP Enterprises, Inc. Reports First Quarter 2024 Results

$139.7 million in cash $412.6 million in sales GAAP diluted EPS of $0.67 Non-GAAP diluted EPS of $0.74 $40.3 million in earnings before interest, taxes, depreciation & amortization and other...

DXP Sets Date for 2024 First Quarter Earnings Release and Conference Call

DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
18.6219.784255221543.5752.943.458942848.62809056CS
45.5511.899656946846.6452.943.2518819447.48487734CS
120.741.4382896015551.4555.9143.2513807948.86956067CS
2621.2968.899676375430.957.3830.0810835147.29359451CS
521540.333422963237.1957.3828.79522941.74803046CS
15621.4669.83403839930.7357.3822.069019433.61423939CS
26019.1658.007871631833.0357.3810.448958629.96346121CS

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DXPE Discussion

View Posts
stocktrademan stocktrademan 8 years ago
DXPE bullish 25.86




👍️0
pkdaddy64 pkdaddy64 10 years ago
This goes back up to $73.00 tomorrow.
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Bustajoy Bustajoy 10 years ago
It's so quiet in here. Figured I'd say something cos this baby about to make me some money. Sorry for anyone who held from yesterday. I feel your pain, but let's go back up now
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Penny Roger$ Penny Roger$ 12 years ago
~ Monday! $DXPE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $DXPE ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=DXPE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=DXPE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=DXPE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=DXPE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=DXPE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=DXPE
Finviz: http://finviz.com/quote.ashx?t=DXPE
~ BusyStock: http://busystock.com/i.php?s=DXPE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=DXPE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
bizzbagg bizzbagg 13 years ago
I bought in at $1.09 several years ago! Still holding on to it too
👍️0
billiondollarman billiondollarman 15 years ago
Hey email coming your way..
👍️0
dale w dale w 16 years ago
he doesn't say much now. i think we are real close
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TwinTurbo TwinTurbo 16 years ago
he just said the same to me. TT
👍️0
dale w dale w 16 years ago
he just said, he was headed back to a board meeting
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TwinTurbo TwinTurbo 16 years ago
hey dale you talk to gene lately??
👍️0
dale w dale w 16 years ago
we will win tic toc
👍️0
TwinTurbo TwinTurbo 16 years ago
LOLOLOLL YAH LETS JUST MOVE ALL THE LONGS TO ANOTHER BOARD TO TALK lolol
👍️0
dale w dale w 16 years ago
u win i only have 2
👍️0
TwinTurbo TwinTurbo 16 years ago
hey dale how are you, i still only have three posts per day on the rcch board. HAhahahahaha
👍️0
TwinTurbo TwinTurbo 16 years ago
hey dale how are you, i still only have three posts per day on the rcch board. HAhahahahaha
👍️0
dale w dale w 16 years ago
yes, country will not let gm or ford fail, they are like everybody else they just want a hand out. they are like apple pie. forever they will be . if that makes sense
👍️0
ERLO ERLO 16 years ago
Not any more- Insider buys increasing at these levels


Senior V.P CFO added 10,000 shares at 10.00 on 11/13/08
Senior V.P added 7,150 shares at 9.96 on 11/13/08
👍️0
ERLO ERLO 16 years ago
#5 Fortune on Fortune 100 List..


"Fortune Magazine released the “Fortune’s 100 Fastest-Growing Companies” in its September 29, 2008 issue. Thanks to solid revenue growth, an outstanding market return and earnings per share, DXP Enterprises, Inc. landed in the No. 5 spot on this year's list."
👍️0
ERLO ERLO 16 years ago
Dale

Whats your take on GM,F. I see your in the car business. Same here. Took a position short term in GM @2.82 trying for quick A.M spike. Any reason to stay longer?
👍️0
ERLO ERLO 16 years ago
Back in with 10.07 cost average. Once the market tested sub 8000 again and did not break beneath resistance I had to pull the trigger. DXPE is a great company to hold position in as I believe the upside price potential exceeds downside risk as a long term play at this level. Short term Im torn becuase I believe todays market rally was based on retesting bottom and not breaking thus the exuberant bounce. Im looking to play DXPE again short term if the market decides to retest 7950 range again. Its an easy 10-20% gain.
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dale w dale w 16 years ago
DXP Enterprises to Present at Stephens Inc. Fall Investment Conference on November 18, 2008




DXP Enterprises, Inc. (NASDAQ:DXPE) today announced that David Little, Chairman and CEO of DXP and Mac McConnell, Senior Vice President and Chief Financial Officer of DXP, will present at the Stephens Inc. Fall Investment Conference. The conference will be held November 18 & 19, 2008 at The New York Palace Hotel in New York City. DXP is scheduled to present on November 18, 2008 at 10:00 a.m. and will be available for one-on-one meetings following their presentation.

The presentation will be webcast and will be available at http://www.wsw.com/webcast/stph9/dxpe/ and at www.dxpe.com for approximately 90 days.

DXP’s innovative pumping solutions provide engineering, fabrication and technical design to meet the capital equipment needs of its global customer base. DXP provides solutions by utilizing manufacturer authorized equipment and certified personnel. Pump packages require MRO and OEM equipment such as pumps, motors and valves, and consumable products. DXP leverages its MROP inventories and technical knowledge to lower the total cost and maintain the quality of the pump package.

SmartSource, a DXP integrated supply program, allows a more efficient way to manage the customer’s supply chain needs for MROP products. The program allows the customer to transfer all or part of its supply chain needs to DXP, so the customer can focus on its core business. SmartSource effectively lowers costs by outsourcing purchasing, accounting, and on-site supply management to DXP, which reduces the duplication of effort by the customer and supplier. DXP’s broad range of first-tier products provides an efficient measurable solution to reduce cost and streamline procurement and sourcing operations.

The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.

👍️0
dale w dale w 16 years ago
i will invest alot in this real soon!
👍️0
billiondollarman billiondollarman 16 years ago
You got mail twin
👍️0
dale w dale w 16 years ago
news in here
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TwinTurbo TwinTurbo 16 years ago
GREAT BUYING OPPS COMING , LOOKS LIKE SHORTING HAS TAKEN HOLD OF THIS ONE, IF IT HAS WE CAN MAKE SOME BIG DOGHT WITH THIS ONE!!!!!
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HUMMER81 HUMMER81 16 years ago
Twin send me you email we need to talk not on a board at wkoop81@yahoo.com


👍️0
dale w dale w 16 years ago
god willing
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TwinTurbo TwinTurbo 16 years ago
thanks dale, i just hope it is the news we have been waiting for!!!LOLOLL
👍️0
dale w dale w 16 years ago
ot: tt news this week confirmed just between us
👍️0
ERLO ERLO 16 years ago
Hmmm... Almost there..
👍️0
billiondollarman billiondollarman 16 years ago
Twin email for you
👍️0
TwinTurbo TwinTurbo 16 years ago
THIS COMPANY IS VERY SUCCESSFUL AND WILL NEVER STOP!!! I AM GOINT TO CHECK THE FTD CHARTS ON THIS ONE.
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TwinTurbo TwinTurbo 16 years ago
TIME TO BUY SOON!!! WHEN WE BOTTOM WE COULD MAKE ALOT OF MONEY HERE!!!!!!
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TwinTurbo TwinTurbo 16 years ago
I THINK THIS STOCK IS TOO HIGH PRICED FOR THIS BOARD!!!!JMO
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TwinTurbo TwinTurbo 16 years ago
MOVING UP!!!!!! THIS STOCK MOVEDS ON AIR!!
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TwinTurbo TwinTurbo 16 years ago
JIM CRAMER SAID THE FUTURE NEW TECH STOCK ARE FLUID MANAGMENT THAT IS A PART OF WHAT THIS COMPANY FUNCTION THEY SELL PUMPS, REPAIR PUMPS AND SUPPLY EQUIPMENT ANDPARTS TO THE TOTAL INDUSTRY FOR REFINERIES TO FOOD MANUFACTURING VALUE IS OVER $60.00 PER SHARE!!!
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TwinTurbo TwinTurbo 16 years ago
this company was even listed as one of the top 200 best small companies on forbes.com.
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TwinTurbo TwinTurbo 16 years ago
i am going to post a complete success story here once i have all the data i need, this is a better story of a self made company then donald trump.
👍️0
TwinTurbo TwinTurbo 16 years ago
the company reversed merged with another in 1996 and took off from there.
👍️0
TwinTurbo TwinTurbo 16 years ago
for those of you who dont know DXP is quite a american businessman success story.
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TwinTurbo TwinTurbo 16 years ago
named no # 39 on the forbes 200 small company list.
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TwinTurbo TwinTurbo 16 years ago
dxpe going to release first quarter results on may 12th time to load up.
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MrSparex MrSparex 17 years ago
steady now...
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ERLO ERLO 18 years ago
DXP Enterprises Announces Third Quarter Results
Wednesday November 1, 5:44 pm ET
Net Income Increases 181% - Sales Increase 57%


HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ:DXPE - News) today announced a 181% increase in net income to $2,981,000 for the third quarter ending September 30, 2006 with diluted earnings per share of $0.52 compared to net income of $1,061,000 and diluted earnings per share of $0.18 for the third quarter of 2005. Sales increased 57.2% to $68.2 million from $43.4 million for the third quarter of 2005. Sales by the businesses acquired in 2005 and 2006 accounted for $9.3 million of the sales increase. Excluding sales by the acquired businesses, sales for the third quarter of 2006 increased 36.2% from the third quarter of 2005.
ADVERTISEMENT


Year-to-date net income as of September 30, 2006 increased 148.6% to $8.4 million, or $1.47 per diluted share, compared to $3.4 million, or $0.59 per diluted share for the first nine months of 2005. Sales increased 53.5% to $200.5 million from $130.6 million for the first nine months of 2005. Sales by the businesses acquired in 2005 and 2006 accounted for $26.9 million of the sales increase. Excluding sales of the acquired businesses, sales for the first nine months of 2006 increased 33.0% from the same period in 2005.

David R. Little, Chairman and Chief Executive Officer, said, "Our industrial customer base continues to indicate a strong outlook in the upstream and downstream energy sectors of oil, gas and coal. The outlook for the remainder of 2006 and for 2007 is especially strong for our SmartSource and innovative pumping solutions units."

Mac McConnell, Senior Vice President & CFO, said, "Debt declined $8.8 million, to $29.6 million, during the third quarter of 2006. The debt to equity ratio declined to 0.93 at September 30, 2006 from 1.33 at June 30, 2006."

DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry since 1908. DXP provides innovative pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services that emphasize and utilize DXP's vast product knowledge and technical expertise in pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer driven creating competitive advantages for our customers.

DXP's innovative pumping solutions provide engineering, fabrication and technical design to meet the capital equipment needs of its global customer base. DXP provides solutions by utilizing manufacturer authorized equipment and certified personnel. Pump packages require MRO and OEM equipment such as pumps, motors and valves, and consumable products. DXP leverages its MROP inventories and technical knowledge to lower the total cost and maintain the quality of the pump package.

SmartSource, a DXP integrated supply program, allows a more efficient way to manage the customer's supply chain needs for MROP products. The program allows the customer to transfer all or part of their supply chain needs to DXP, so the customer can focus on his core business. SmartSource effectively lowers costs by outsourcing purchasing, accounting, and on-site supply management to DXP, which reduces the duplication of effort by the customer and supplier. DXP's broad range of first-tier products provides an efficient measurable solution to reduce cost and streamline procurement and sourcing operations.

The Private Securities Litigation Reform Act of 1995 provides a "safe-harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)

Three Months Ended Nine Months Ended
September 30 September 30
--------------------- ---------------------
2006 2005 2006 2005
---------- --------------------- ----------
Sales $68,189 $43,378 $200,469 $130,630
Cost of sales 48,468 31,927 144,275 95,966
---------- ---------- ---------- ----------
Gross profit 19,721 11,451 56,194 34,664
Selling, general and
administrative expense 14,578 9,618 41,348 28,813
---------- ---------- ---------- ----------
Operating income 5,143 1,833 14,846 5,851
Other income 220 9 238 36
Interest expense (501) (216) (1,344) (733)
Minority interest in
(income) loss of
consolidated subsidiary - 29 20 126
---------- ---------- ---------- ----------
Income before taxes 4,862 1,655 13,760 5,280
Provision for income taxes 1,881 594 5,327 1,888
---------- ---------- ---------- ----------
Net income 2,981 1,061 8,433 3,392
Preferred stock dividend 23 23 68 68
---------- ---------- ---------- ----------
Net income attributable to
common shareholders $2,958 $1,038 8,365 $3,324
========== ========== ========== ==========

Basic income per share $0.58 $0.24 $1.66 $0.79
========== ========== ========== ==========
Weighted average common
shares outstanding 5,124 4,406 5,043 4,213
========== ========== ========== ==========
Diluted income per share $0.52 $0.18 $1.47 $0.59
========== ========== ========== ==========
Weighted average common and
common equivalent shares
outstanding 5,749 5,895 5,733 5,792
========== ========== ========== ==========

Unaudited Reconciliation of Non-GAAP Financial Information

The following table is a reconciliation of EBITDA(a); a non-GAAP
financial measure, to income before income taxes, calculated and
reported in accordance with U.S. GAAP:

Three Months Ended Nine Months Ended
September 30, September 30,
------------------- -------------------
2006 2005 2006 2005
--------- --------- --------- ---------

Income before income taxes $4,862 $1,655 $13,760 $5,280
Plus interest expense 501 216 1,344 733
Plus depreciation and
amortization 307 243 860 717
--------- --------- --------- ---------
EBITDA $5,670 $2,114 $15,964 $6,730
========= ========= ========= =========

(a)EBITDA - earnings before interest, income taxes, depreciation and
amortization



Contact:
DXP Enterprises, Inc., Houston
Mac McConnell, 713-996-4700
Senior Vice President, Finance
www.dxpe.com
👍️0
ERLO ERLO 18 years ago
Waiting for news....



👍️0
ERLO ERLO 18 years ago
DXPE WED showtime afterhours earnings release

👍️0
ERLO ERLO 18 years ago
Hahahahahahaha--





Ill take 35.00 GOING ONCE GOING TWICE..
👍️0
ERLO ERLO 18 years ago
DXP Enterprises, Inc. Announces Third Quarter 2006 Earnings Release Date

DXP Enterprises, Inc. (NASDAQ:DXPE) today announced that it intends to release its financial results for the quarter and nine months ended September 30, 2006 after the market closes on Wednesday, November 1, 2006.

DXP Enterprises, Inc. is a leading products and service distributor focused on adding value and total cost savings solutions to MRO and OEM customers in virtually every industry since 1908. DXP provides innovative pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services that emphasize and utilize DXP's vast product knowledge and technical expertise in pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer driven, creating competitive advantages for our customers.

DXP's innovative pumping solutions provide engineering, fabrication and technical design to meet the capital equipment needs of its global customer base. DXP provides solutions by utilizing manufacturer authorized equipment and certified personnel. Pump packages require MRO and OEM equipment such as pumps, motors and valves, and consumable products. DXP leverages its MROP inventories and technical knowledge to lower the total cost and maintain the quality of the pump package.

SmartSource, a DXP integrated supply program, allows a more efficient way to manage the customer's supply chain needs for MROP products. The program allows the customer to transfer all or part of its supply chain needs to DXP, so the customer can focus on its core business. SmartSource effectively lowers costs by outsourcing purchasing, accounting, and on-site supply management to DXP, which reduces the duplication of effort by the customer and supplier. DXP's broad range of first-tier products provides an efficient measurable solution to reduce cost and streamline procurement and sourcing operations.

The Private Securities Litigation Reform Act of 1995 provides a "safe-harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.


DXP Enterprises, Inc., Houston
Mac McConnell, 713-996-4700
Sr. V.P. & CFO
www.dxpe.com


👍️0
ERLO ERLO 18 years ago
Earnings next week?

Next few trading days should be exciting.
👍️0
ERLO ERLO 18 years ago
News today:

DXP Enterprises, Inc. Announces Strategic Acquisition of Gulf Coast Torch & Regulator
DXP Enterprises, Inc. (NASDAQ:DXPE) today announced that they have completed a strategic acquisition of the business of Gulf Coast Torch & Regulator, Inc., a full service distributor of welding supplies. The acquired business has operated in Houston, Texas since 1978.

DXP paid approximately $5.5 million, net of acquired cash, for the acquired business and assumed approximately $0.2 million worth of debt. The purchase price consists of approximately $3.5 million paid in cash and $2.0 million of promissory notes payable to the former owners of the acquired business. The cash portion was funded by utilizing available capacity under DXP's bank revolving credit facility. The promissory notes, which are subordinated to DXP's revolving credit facility, bear interest at prime minus 1.75%

The unaudited sales and EBITDA for the acquired business for the nine months ending September 30, 2006 were approximately $13.2 million and $850,000, respectively.

John Jeffery, Senior Vice President of Sales and Marketing, said, "This acquisition complements our MROP, Innovative Pumping Solutions and SmartSource business units by adding product expertise and procurement cost savings in the welding supply area." Mac McConnell, Chief Financial Officer, stated, "We anticipate this acquisition to be immediately accretive to earnings."

DXP Enterprises, Inc. is a leading products and service distributor focused on adding value and total cost savings solutions to MRO and OEM customers in virtually every industry since 1908. DXP provides innovative pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services that emphasize and utilize DXP's vast product knowledge and technical expertise in pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer driven, creating competitive advantages for our customers.

DXP's innovative pumping solutions provide engineering, fabrication and technical design to meet the capital equipment needs of its global customer base. DXP provides solutions by utilizing manufacturer authorized equipment and certified personnel. Pump packages require MRO and OEM equipment such as pumps, motors and valves, and consumable products. DXP leverages its MROP inventories and technical knowledge to lower the total cost and maintain the quality of the pump package.

SmartSource, a DXP integrated supply program, allows a more efficient way to manage the customer's supply chain needs for MROP products. The program allows the customer to transfer all or part of its supply chain needs to DXP, so the customer can focus on its core business. SmartSource effectively lowers costs by outsourcing purchasing, accounting, and on-site supply management to DXP, which reduces the duplication of effort by the customer and supplier. DXP's broad range of first-tier products provides an efficient measurable solution to reduce cost and streamline procurement and sourcing operations.

The Private Securities Litigation Reform Act of 1995 provides a "safe-harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.


DXP Enterprises, Inc., Houston
John Jeffery, 713-996-4700
Sr. V.P. Sales & Marketing
www.dxpe.com



Source: Business Wire (October 19, 2006 - 12:13 PM EST)

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