Dril-Quip

Dril-Quip, Inc. designs, manufactures, sells and services engineered offshore drilling and production equipment. It operates through the following geographical segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. Its products include specialty casing connectors, mudline suspension equipment, downhole tools, capital drilling equipment, control systems, and dry tree systems. The company was founded by Larry E. Reimert, Gary W. Loveless, Gary D. Smith and J. Mike Walker in 1981 and is headquartered in Houston, TX.

Earnings data Q4 2020

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Dril-Quip reports robust Q4 revenue growth and eyes market expansion

Dril-Quip's Q4 2022 earnings call highlighted strong revenue growth, improved margins, and a focus on operational efficiency. While facing challenges in free cash flow, the company is poised to capitalize on growth opportunities in key markets for long-term success.

Dril-Quip reports solid Q1 growth, eyes market expansion opportunities

Dril-Quip's Q1 performance reflects revenue growth and operational initiatives driving efficiency. While facing challenges with free cash flow and customer responsiveness, the company remains optimistic about future opportunities and growth potential. Maintaining a disciplined approach to capital allocation positions Dril-Quip for long-term success.

Dril-Quip reports robust Q2 performance and expands market presence

Dril-Quip's Q2 2023 performance reflects operational strength and strategic focus, with notable achievements in key projects and financial improvements.
The Great North acquisition bolsters the company's market position and offers synergistic benefits, while maintaining a solid financial foundation.
Despite segment challenges, Dril-Quip's diversified operations and debt-free status provide resilience and opportunities for growth amidst market uncertainties.

Dril-Quip reports robust Q3 earnings, eyes growth through strategic initiatives

Despite facing challenges in the service segment, Dril-Quip's strong revenue growth and strategic initiatives position it for future success. The acquisition of Great North and focus on synergies offer promising prospects for enhanced profitability. With a positive outlook for 2024, the company aims to capitalize on market opportunities and drive growth.

Dril-Quip reports stellar Q4 results, eyes growth amid industry optimism

Dril-Quip's Q4 2023 performance reflects robust revenue growth, improved EBITDA, and strategic initiatives driving operational efficiency and financial strength.
Despite potential challenges from market dynamics and operational complexities, the company's positive outlook, strong financial metrics, and market positioning offer a foundation for continued success.
With a focus on growth opportunities, market expansion, and operational resilience, Dril-Quip is poised to capitalize on industry trends, drive innovation, and deliver value to stakeholders.

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Innovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.

Brandes Investment Partners, LP (Trades, Portfolio), a prominent investment firm, has recently completed a significant transaction by selling out its entire stake in Dril-Quip Inc (DRQ, Financial). This transaction, executed on September 30, 2024, involved the sale of 3,732,716 shares at a price of $15.41 per share, marking a notable shift in the firm's investment strategy.

Brandes Investment Partners, LP Exits Position in Dril-Quip Inc

Shares of Dril-Quip Inc (DRQ, Financial) surged 3.32% in mid-day trading on Oct 2. The stock reached an intraday high of $15.33, before settling at $15.27, up from its previous close of $14.78.

Dril-Quip Inc (DRQ) Trading 3.32% Higher on Oct 2

LOS ANGELES, CA / ACCESSWIRE / September 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Looking Into Whether Dril-Quip, Inc. Violated Securities Regulations And Shareholders Are Urged To Assist

LOS ANGELES, CA / ACCESSWIRE / September 10, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Dril-Quip Inc May Have Committed Fraud And The Schall Law Firm Invites Investor Participation In An Investigation

LOS ANGELES, CA / ACCESSWIRE / September 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Shareholders With Losses Are Encouraged To Join The Schall Law Firm's Inquiry Into Dril-Quip, Inc.'s Possible Securities Law Violations

LOS ANGELES, CA / ACCESSWIRE / September 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites Investors To Participate In An Investigation Into Dril-Quip Inc For Possible Fraud

HOUSTON--(BUSINESS WIRE)--Innovex International to Begin Trading on NYSE Under Symbol “INVX” on September 9, 2024.

Innovex and Dril-Quip Complete Merger, Creating Unique Energy Industrial Platform

LOS ANGELES, CA / ACCESSWIRE / September 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Dril-Quip, Inc. May Have Violated Securities Regulations And Shareholders Are Encouraged To Join The Schall Law Firm's Inquiry

LOS ANGELES, CA / ACCESSWIRE / September 5, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Looking Into Whether Dril-Quip Inc Committed Securities Fraud And Affected Investors Can Reach Out

LOS ANGELES, CA / ACCESSWIRE / September 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Dril-Quip Inc. May Have Violated Securities Regulations And Shareholders Should Join The Schall Law Firm's Investigation

HOUSTON--(BUSINESS WIRE)--The Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip” or the “Company”) Board of Directors unanimously recommends and urges Dril-Quip stockholders to vote “FOR” the proposed merger with Innovex Downhole Solutions, Inc. ("Innovex") and each of the proposals to be considered at the special meeting on Thursday, September 5, 2024, at 9:30 a.m. Central Time. The merger of Dril-Quip and Innovex is immediately and significantly accretive on all core metrics to Dril-Quip stockholders a.

Dril-Quip Urges Stockholders to Vote “FOR” Merger with Innovex TODAY

LOS ANGELES, CA / ACCESSWIRE / September 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Invites Investors In Dril-Quip Inc To Reach Out About An Inquiry Into Whether The Company Committed Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / September 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Dril-Quip Inc. Is Being Looked Into For Violating Securities Regulations And The Schall Law Firm Seeks The Public's Help

LOS ANGELES, CA / ACCESSWIRE / September 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Shareholders Are Urged To Join An Inquiry With The Schall Law Firm Into Dril-Quip Inc's Possible Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / August 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Dril-Quip Inc. Is Being Investigated For Securities Law Infractions And The Schall Law Firm Invites Members Of The Public To Participate

LOS ANGELES, CA / ACCESSWIRE / August 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Looking Into Dril-Quip Inc For Securities Fraud And Investors With Losses Are Eligible To Join

NEW ORLEANS, LA / ACCESSWIRE / August 29, 2024 / Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

DRIL-QUIP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Dril-Quip, Inc. - DRQ

LOS ANGELES, CA / ACCESSWIRE / August 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

An Inquiry Has Been Launched Into Whether Dril-Quip Inc. Violated Securities Laws And The Schall Law Firm Seeks Shareholder Participation

LOS ANGELES, CA / ACCESSWIRE / August 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Are Urged To Join The Schall Law Firm In A Securities Fraud Investigation Into Dril-Quip Inc

HOUSTON--(BUSINESS WIRE)--Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip” or the “Company”) today commented on the report issued by Glass, Lewis & Co. (“Glass Lewis”) on August 23, 2024 and updated on August 27, 2024 in connection with the Company's proposed merger with Innovex Downhole Solutions, Inc. (“Innovex”). Dril-Quip and its Board of Directors strongly disagree with the review and recommendations issued by Glass Lewis. Dril-Quip and its Board of Directors believe the report should be revis.

Dril-Quip Challenges Accuracy of Glass Lewis Report and Urges Stockholders to Vote “FOR” Merger with Innovex

DRQ streamlines its Innovex merger process by focusing on key stock issuance approval, simplifying the path to a finalized deal.

Dril-Quip Moves to Ease Innovex Merger, Scraps Charter Vote

LOS ANGELES, CA / ACCESSWIRE / August 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Is Looking Into Whether Dril-Quip Inc. Committed Securities Law Violations And The Firm Seeks Shareholders To Take Part

GAMCO Investors Inc

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), on behalf of its clients and certain of its affiliates owns approximately 2,872,654 shares of Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip”), representing 8.34% of the 34,452,230 outstanding shares. GAMCO intends to vote “Against” the proposed merger with Innovex Downhole Solutions (“Innovex”). On August 23, 2024, Glass, Lewis & Co. LLC (“Glass Lewis”) published its repo.

GAMCO: Glass Lewis Firmly Opposes Dril-Quip Merger

LOS ANGELES, CA / ACCESSWIRE / August 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Dril-Quip, Inc. ("Dril-Quip" or "the Company") (NYSE:DRQ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Are Encouraged By The Schall Law Firm To Participate In An Inquiry Into Dril-Quip Inc For Possible Securities Fraud

HOUSTON--(BUSINESS WIRE)--Dril-Quip, Inc. (NYSE:DRQ) ("Dril-Quip") and Innovex Downhole Solutions, Inc. ("Innovex") today announced that the parties have agreed to waive the condition to the consummation of Dril-Quip's proposed merger with Innovex requiring the approval of the amendment of Dril-Quip's restated certificate of incorporation (the “charter amendment”). In addition, Dril-Quip and Innovex have agreed to withdraw the submission of the charter amendment proposal (Proposal No. 2) and th.

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