About Dril-Quip (NYSE:DRQ)
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates through three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. The company's principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as consumable downhole products. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of the its products. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:DRQ
CUSIP26203710
Phone713-939-7711
Debt
Debt-to-Equity RatioN/A
Current Ratio11.49
Quick Ratio8.32
Price-To-Earnings
Trailing P/E Ratio186.54
Forward P/E Ratio-186.54
P/E GrowthN/A
Sales & Book Value
Annual Sales$455.47 million
Price / Sales4.06
Cash Flow$1.3413 per share
Price / Cash36.16
Book Value$34.19 per share
Price / Book1.42
Profitability
EPS (Most Recent Fiscal Year)$0.26
Net Income$-100,630,000.00
Net Margins-24.83%
Return on Equity-0.26%
Return on Assets-0.25%
Miscellaneous
Employees2,355
Outstanding Shares38,140,000
Dril-Quip (NYSE:DRQ) Frequently Asked Questions
What is Dril-Quip's stock symbol?
Dril-Quip trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRQ."
How were Dril-Quip's earnings last quarter?
Dril-Quip, Inc. (NYSE:DRQ) announced its earnings results on Thursday, April, 26th. The oil and gas company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.14. The oil and gas company earned $99.20 million during the quarter, compared to analysts' expectations of $96.84 million. Dril-Quip had a negative net margin of 24.83% and a negative return on equity of 0.26%. The business's revenue was down 16.8% compared to the same quarter last year. View Dril-Quip's Earnings History.
When is Dril-Quip's next earnings date?
What price target have analysts set for DRQ?
9 analysts have issued 1 year price targets for Dril-Quip's shares. Their predictions range from $40.00 to $61.00. On average, they expect Dril-Quip's share price to reach $47.1429 in the next year. View Analyst Ratings for Dril-Quip.
Who are some of Dril-Quip's key competitors?
Who are Dril-Quip's key executives?
Dril-Quip's management team includes the folowing people:
- Mr. Blake T. DeBerry, Pres, CEO & Director (Age 58)
- Mr. Jeffrey J. Bird, VP, CFO & Principal Accounting Officer (Age 51)
- Mr. James A. Gariepy, Sr. VP & COO (Age 61)
- Mr. Jerry M. Brooks, VP of Investor Relations (Age 66)
- Mr. James C. Webster, VP, Gen. Counsel & Sec. (Age 48)
Has Dril-Quip been receiving favorable news coverage?
Headlines about DRQ stock have trended positive on Monday, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dril-Quip earned a coverage optimism score of 0.27 on Accern's scale. They also assigned news articles about the oil and gas company an impact score of 47.97 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Dril-Quip's major shareholders?
Dril-Quip's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.89%), Kayne Anderson Rudnick Investment Management LLC (9.81%), Dimensional Fund Advisors LP (8.42%), Northern Trust Corp (2.71%), Wells Fargo & Company MN (2.28%) and Fisher Asset Management LLC (1.94%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster, Jeffrey J Bird and Jerry M Brooks. View Institutional Ownership Trends for Dril-Quip.
Which major investors are selling Dril-Quip stock?
DRQ stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., American Century Companies Inc., Foresters Investment Management Company Inc., Granite Investment Partners LLC, Morgan Dempsey Capital Management LLC, BNP Paribas Arbitrage SA, Franklin Resources Inc. and SG Americas Securities LLC. Company insiders that have sold Dril-Quip company stock in the last year include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster and Jeffrey J Bird. View Insider Buying and Selling for Dril-Quip.
Which major investors are buying Dril-Quip stock?
DRQ stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Fisher Asset Management LLC, Neuberger Berman Group LLC, Great Lakes Advisors LLC, Heartland Advisors Inc., Wells Fargo & Company MN, Boston Partners and Engineers Gate Manager LP. View Insider Buying and Selling for Dril-Quip.
How do I buy shares of Dril-Quip?
Shares of DRQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Dril-Quip's stock price today?
One share of DRQ stock can currently be purchased for approximately $48.50.
How big of a company is Dril-Quip?
Dril-Quip has a market capitalization of $1.85 billion and generates $455.47 million in revenue each year. The oil and gas company earns $-100,630,000.00 in net income (profit) each year or $0.26 on an earnings per share basis. Dril-Quip employs 2,355 workers across the globe.
How can I contact Dril-Quip?
Dril-Quip's mailing address is 6401 N. ELDRIDGE PARKWAY, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 713-939-7711.
MarketBeat Community Rating for Dril-Quip (DRQ)
MarketBeat's community ratings are surveys of what our community members think about Dril-Quip and other stocks. Vote "Outperform" if you believe DRQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DRQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
