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.

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Dril-Quip, Inc. (NYSE:DRQ ) Q3 2022 Results Conference Call October 28, 2022 10:00 AM ET Company Participants Erin Fazio - Finance Director Jeff Bird - President and Chief Executive Officer Kyle McClure - VP & CFO Conference Call Participants David Smith - Pickering Energy Partners Operator Good day, and thank you for standing by. Welcome to the Dril-Quip Third Quarter 2022 Fireside Chat [Operator Instructions].

Dril-Quip, Inc. (DRQ) Q3 2022 Earnings Call Transcript

HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the third quarter of 2022.

Dril-Quip, Inc. Announces Third Quarter 2022 Results

HOUSTON, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its third quarter 2022 earnings press release following the market close on Thursday, October 27, 2022. The Company will also participate in a fireside chat webcast conversation with David Smith of Pickering Energy Partners on Friday, October 28, 2022 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

Dril-Quip, Inc. Schedules Third Quarter 2022 Earnings Release And Upcoming Webcast

HOUSTON, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in an upcoming investor conference. John Mossop, Director of Energy Transition, will present at the 2022 Pareto Securities Energy Conference on Wednesday, September 14, 2022. Presentations from this conference are not being webcast; however, a copy of the Company's presentation will be accessible on the Company's website at www.dril-quip.com by visiting the Investors section.

CORRECTION - Dril-Quip, Inc. to Participate in Pareto Securities Energy Conference

HOUSTON, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in an upcoming investor conference. John Mossop, Director of Energy Transition, will present at the 2022 Pareto Securities Energy Conference on Wednesday, September 7, 2022. Presentations from this conference are not being webcast; however, a copy of the Company's presentation will be accessible on the Company's website at www.dril-quip.com by visiting the Investors section.

Dril-Quip, Inc. to Participate in Pareto Securities Energy Conference

HOUSTON, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in an upcoming investor conference. Jeff Bird, President and Chief Executive Officer, will participate in a fireside chat at the 2022 Barclays CEO Energy-Power Conference on Wednesday, September 7, 2022. The conversation is scheduled to begin at 1:15 p.m. eastern time. Mr. Bird and Kyle McClure, Vice President and Chief Financial Officer, will also host one-on-one meetings throughout the day.

Dril-Quip, Inc. To Participate In Upcoming Investor Conference

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Higher upstream activities are leading to improvement in demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some of the frontrunners in the industry are NOW (DNOW), Dril-Quip (DRQ) and Oil States (OIS).

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Increase in product revenues as a result of higher subsea product volumes aids Dril-Quip's (DRQ) earnings in Q2.

Dril-Quip (DRQ) Dips 9% Despite Reporting Narrower Q2 Loss

Dril-Quip, Inc. (NYSE:DRQ ) Q2 2022 Earnings Conference Call July 29, 2022 10:00 AM ET Company Participants Erin Fazio - Director, Corporate Development, IR & FP&A Jeff Bird - President and CEO Kyle McClure - Vice President and CFO Conference Call Participants Dave Anderson - Barclays Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Dril-Quip Second Quarter 2022 Fireside Chat.

Dril-Quip, Inc. (DRQ) CEO Jeff Bird on Q2 2022 Results - Earnings Call Transcript

Dril-Quip (DRQ) delivered earnings and revenue surprises of 16.67% and 6.49%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Dril-Quip (DRQ) Reports Q2 Loss, Tops Revenue Estimates

HOUSTON, July 28, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the second quarter of 2022.

Dril-Quip, Inc. Announces Second Quarter 2022 Results

HOUSTON, July 21, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its second quarter 2022 earnings press release following the market close on Thursday, July 28, 2022. The Company will also participate in a fireside chat webcast conversation with U.S. Energy Services & Technology Analyst J. David Anderson of Barclays Capital on Friday, July 29, 2022 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

Dril-Quip, Inc. Schedules Second Quarter 2022 Earnings Release and Upcoming Webcast

HOUSTON , June 21, 2022 /PRNewswire/ -- With the recent closure of Dril-Quip, Inc.'s Forging, conventional machining and metallurgical lab, all of the related equipment will be sold at auction on Tuesday, June 28, 2022. Auctioneer Jean Harris, Jr. (TX License # 18210) of Harris Auctions, a recognized name in the U.S. industry and beyond, will be overseeing the live webcast and online auction.

Harris Auctions Holding Live Webcast Auction of Dril-Quip Forge

Dril-Quip (DRQ) is planning to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030.

Dril-Quip (DRQ) Sets New Climate Targets to Reduce Emissions

HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) has set its decarbonization targets to align with a 1.5°C global warming pathway and the ambitions of the Paris Agreement, which seeks to limit global warming to well below 2°C above pre-industrial levels.

Dril-Quip Announces Decarbonization Targets

Higher cost of sales hurt Dril-Quip's (DRQ) earnings in Q1.

Dril-Quip (DRQ) Stock Gains 2.1% Despite Q1 Earnings Miss

Dril-Quip, Inc. (NYSE:DRQ ) Q1 2022 Earnings Conference Call April 29, 2022 11:00 AM ET Company Participants Jeff Bird - CEO Kyle McClure - CFO Conference Call Participants Tom Curran - Seaport Research Partners Operator Good day and thank you for standing by. Welcome to the Dril-Quip First Quarter 2022 Fireside Chat.

Dril-Quip's (DRQ) CEO Jeff Bird on Q1 2022 Results - Earnings Call Transcript

Dril-Quip (DRQ) delivered earnings and revenue surprises of -38.10% and 7.52%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Dril-Quip (DRQ) Reports Q1 Loss, Lags Revenue Estimates

HOUSTON, April 28, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the first quarter of 2022.

Dril-Quip, Inc. Announces First Quarter 2022 Results

HOUSTON, April 21, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its first quarter 2022 earnings press release following the market close on Thursday, April 28, 2022. The Company will also participate in a fireside chat webcast conversation with Senior Research Analyst Tom Curran of Seaport Research Partners on Friday, April 29, 2022 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).

Dril-Quip, Inc. Schedules First Quarter 2022 Earnings Release and Upcoming Webcast

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

Dril-Quip (DRQ) Up 28.7% Since Last Earnings Report: Can It Continue?

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A decline in product revenues hurt Dril-Quip's (DRQ) earnings in Q4.

Dril-Quip (DRQ) Stock Gains 14.3% Despite Q4 Earnings Miss

Dril-Quip, Inc. (DRQ) CEO Jeff Bird on Q4 2021 Results - Earnings Call Transcript

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