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.

HOUSTON, Sept.  10, 2019  (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced it has entered into agreements with AFGlobal Corporation, pursuant to which AFGlobal will lease Dril-Quip’s forge facilities and equipment located at its Houston manufacturing campus with the option to acquire those same assets.  Effective October 1, 2019, AFGlobal’s industrial forging division will assume all operational responsibility of Dril-Quip’s forge facilities and continue to supply Dril-Quip with forgings pursuant to a supply agreement while also serving AFGlobal’s other customers and markets with the capacity from these facilities.   

Dril-Quip, Inc. Updates Transformation Efforts with Announcement of Forge Facilities Transaction

HOUSTON, Aug.  28, 2019  (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in two upcoming investor conferences.  Blake T. DeBerry, President and Chief Executive Officer, will deliver a presentation at the 2019 Barclays CEO Energy-Power Conference on Wednesday, September 4, 2019 in New York, New York.  His remarks are scheduled to begin at 3:05 p.m. ET.  Mr. DeBerry and Jeff Bird, Senior Vice President of Production Operations and Chief Financial Officer, will also host one-on-one meetings throughout the day.

Dril-Quip, Inc. To Participate in Upcoming Investor Conferences

Dril-Quip (DRQ) is well poised for profit growth, driven by realigned sales organization and supplier optimization.

Here's Why You Should Snap Up Dril-Quip (DRQ) Stock Now

Dril-Quip (DRQ) reported earnings 30 days ago. What's next for the stock?

Why Is Dril-Quip (DRQ) Down 3.3% Since Last Earnings Report?

Dril-Quip (DRQ) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Dril-Quip (DRQ) Gain on Rising Earnings Estimates?

President and CEO of Dril-quip Inc (30-Year Financial, Insider Trades) Blake T. Deberry (insider trades) sold 10,000 shares of DRQ on 07/30/2019 at an average price of $51.63 a share.

Dril-quip Inc (DRQ) President and CEO Blake T. Deberry Sold $516,300 of Shares

Dril-Quip (DRQ) reports an additional $5 million of annualized costs savings during second-quarter 2019.

Dril-Quip (DRQ) Q2 Earnings Beat Estimates, Backlog Surges

Dril-Quip (DRQ) delivered earnings and revenue surprises of 200.00% and 5.93%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Dril-Quip (DRQ) Q2 Earnings and Revenues Top Estimates

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4 Energy Stocks Poised to Trump Earnings Estimates in Q2

Dril-Quip (DRQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Dril-Quip (DRQ) Earnings Expected to Grow: Should You Buy?

Dril-Quip (DRQ) Down 5.9% Since Last Earnings Report: Can It Rebound?

Lower product revenues stemming from reduced activity levels hurt Dril-Quip's first-quarter 2019 results.

Dril-Quip (DRQ) Q1 Loss Wider Than Expected, Revenues Lag

Dril-Quip (DRQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Dril-Quip (DRQ) Report Negative Q1 Earnings? What You Should Know

Dril-Quip (DRQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Dril-Quip (DRQ) Up 4.8% Since Last Earnings Report: Can It Continue?

News for Dril-Quip Stock (DRQ)