Dril-Quip Company Profile (NYSE:DRQ)

About Dril-Quip

Dril-Quip logoDril-Quip, Inc. (Dril-Quip) designs, manufactures, sells and services engineered offshore drilling and production equipment. The Company's principal products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors and diverters. The Company's operations are organized into three geographic segments-Western Hemisphere, including North and South America; Eastern Hemisphere, including Europe and Africa, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East. The Company provides services to customers, including technical advisory assistance and rental tools during installation and retrieval of the Company's products. The Company also provides rework and reconditioning services on its customer-owned products.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
  • Exchange: NYSE
  • Symbol: DRQ
  • CUSIP: 26203710
Key Metrics:
  • Previous Close: $52.35
  • 50 Day Moving Average: $54.00
  • 200 Day Moving Average: $57.71
  • 52-Week Range: $48.88 - $66.73
  • Trailing P/E Ratio: 11.57
  • Foreward P/E Ratio: 53.42
  • P/E Growth: -0.54
  • Market Cap: $1.97B
  • Outstanding Shares: 37,570,000
  • Beta: 0.77
  • Net Margins: 24.16%
  • Return on Equity: 10.92%
  • Return on Assets: 10.12%
  • Current Ratio: 13.19%
  • Quick Ratio: 9.26%
Additional Links:
Companies Related to Dril-Quip:

Analyst Ratings

Consensus Ratings for Dril-Quip (NYSE:DRQ) (?)
Ratings Breakdown: 1 Sell Rating, 10 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $63.07 (20.48% upside)

Analysts' Ratings History for Dril-Quip (NYSE:DRQ)
DateFirmActionRatingPrice TargetDetails
10/18/2016Cowen and CompanyReiterated RatingMarket Perform$60.00View Rating Details
8/1/2016Morgan StanleyReiterated RatingHold$73.00View Rating Details
7/31/2016ScotiabankReiterated RatingSector Perform$72.00 -> $67.00View Rating Details
7/29/2016Howard WeilLower Price TargetSector Perform$72.00 -> $67.00View Rating Details
6/22/2016JPMorgan Chase & Co.Initiated CoverageNeutral$53.00View Rating Details
4/28/2016SimmonsDowngradeOverweight -> Neutral$58.00 -> $50.00View Rating Details
4/28/2016Piper Jaffray Cos.DowngradeOverweight -> NeutralView Rating Details
4/20/2016Barclays PLCUpgradeUnderweight -> Equal Weight$56.00 -> $66.00View Rating Details
3/5/2016KLR GroupReiterated RatingBuyView Rating Details
2/29/2016FBR & CoLower Price TargetOutperform$70.00 -> $63.00View Rating Details
2/24/2016SunTrust Banks Inc.DowngradeBuy -> Neutral$65.00 -> $51.00View Rating Details
2/22/2016Johnson RiceDowngradeBuy -> HoldView Rating Details
1/21/2016Robert W. BairdLower Price Target$72.00 -> $65.00View Rating Details
1/5/2016GMP SecuritiesReiterated RatingReduce$50.00View Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$75.00View Rating Details
10/30/2015Evercore ISILower Price Target$85.00 -> $75.00View Rating Details
7/31/2015Bank of America Corp.DowngradeBuy -> NeutralView Rating Details
5/9/2015Sterne Agee CRTReiterated RatingNeutral$78.00 -> $83.00View Rating Details
3/30/2015Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
(Data available from 10/26/2014 forward)


Earnings History for Dril-Quip (NYSE:DRQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/29/2016Q2$0.67$0.96$149.33 million$142.40 millionViewN/AView Earnings Details
4/26/2016Q1 16$0.83$0.97$167.40 million$166.60 millionViewN/AView Earnings Details
2/25/2016Q4$1.06$1.42$195.10 million$201.60 millionViewN/AView Earnings Details
10/29/2015$1.15$1.32$210.84 million$204.40 millionViewN/AView Earnings Details
7/30/2015Q414$1.21$1.01$224.90 million$215.30 millionViewN/AView Earnings Details
4/30/2015Q1$1.15$1.38$223.59 million$226.00 millionViewN/AView Earnings Details
2/27/2015Q314$1.34$1.43$248.10 million$254.80 millionViewN/AView Earnings Details
10/31/2014Q214$1.30$1.40$240.35 million$241.70 millionViewN/AView Earnings Details
7/30/2014Q2$1.15$1.27$228.09 million$230.30 millionViewN/AView Earnings Details
5/9/2014Q114$1.20$1.04$241.70 million$2.01 billionViewN/AView Earnings Details
2/28/2014$1.14$1.21$232.70 million$232.40 millionViewN/AView Earnings Details
11/1/2013Q313$1.05$0.98$226.70 million$224.70 millionViewN/AView Earnings Details
8/2/2013Q2 2013$0.88$1.05$202.13 million$222.00 millionViewN/AView Earnings Details
5/3/2013Q1 2013$0.80$0.85$194.14 million$193.16 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.74$0.76$189.14 million$188.48 millionViewN/AView Earnings Details
11/9/2012Q312$0.74$0.73$178.30 million$190.90 millionViewN/AView Earnings Details
8/6/2012$0.70$0.74ViewN/AView Earnings Details
5/7/2012$0.67$0.71ViewN/AView Earnings Details
11/4/2011$0.59$0.58ViewN/AView Earnings Details
8/5/2011$0.59$0.55ViewN/AView Earnings Details
5/9/2011$0.57$0.54ViewN/AView Earnings Details
2/28/2011$0.70$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Dril-Quip (NYSE:DRQ)
Current Year EPS Consensus Estimate: $2.17 EPS
Next Year EPS Consensus Estimate: $0.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.79$0.92$0.82
Q2 20164$0.61$0.66$0.63
Q3 20164$0.39$0.52$0.44
Q4 20163$0.31$0.49$0.40
Q1 20172$0.21$0.34$0.28
Q2 20172$0.17$0.18$0.18
Q3 20172$0.21$0.28$0.25
Q4 20172$0.25$0.31$0.28
(Data provided by Zacks Investment Research)


Dividend History for Dril-Quip (NYSE:DRQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Dril-Quip (NYSE:DRQ)
Insider Ownership Percentage: 13.60%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/29/2015Blake T. DeberryCEOSell3,231$60.81$196,477.11View SEC Filing  
10/29/2015James A. GariepyCOOSell3,095$60.81$188,206.95View SEC Filing  
10/29/2015James C. WebsterVPSell1,105$60.81$67,195.05View SEC Filing  
10/29/2015Jerry M. BrooksCFOSell1,131$60.81$68,776.11View SEC Filing  
10/27/2015James A. GariepyCOOSell7,368$62.12$457,700.16View SEC Filing  
10/27/2015James C. WebsterVPSell2,898$62.12$180,023.76View SEC Filing  
10/27/2015Jerry M. BrooksCFOSell3,146$62.12$195,429.52View SEC Filing  
3/3/2015Blake T DeberryCEOSell10,000$73.48$734,800.00View SEC Filing  
12/9/2014Blake T DeberryCEOSell2,264$76.56$173,331.84View SEC Filing  
10/29/2014James A GariepyCOOSell1,225$91.77$112,418.25View SEC Filing  
10/28/2014James A GariepyCOOSell1,760$87.99$154,862.40View SEC Filing  
10/28/2014James C WebsterVPSell693$87.99$60,977.07View SEC Filing  
10/28/2014Jerry M BrooksCFOSell752$87.99$66,168.48View SEC Filing  
10/28/2014L H Dick RobertsonDirectorSell187$89.36$16,710.32View SEC Filing  
12/9/2013Blake DeberryCEOSell2,320$108.93$252,717.60View SEC Filing  
10/28/2013Blake T DeberryCEOSell1,702$116.37$198,061.74View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Dril-Quip (NYSE:DRQ)
biz.yahoo.com logoDRIL-QUIP INC Files SEC form 8-K, Entry into a Material Definitive Agreement (NYSE:DRQ)
biz.yahoo.com - October 21 at 4:43 PM
capitalcube.com logoETF’s with exposure to Dril-Quip, Inc. : October 18, 2016 (NYSE:DRQ)
www.capitalcube.com - October 18 at 4:39 PM
finance.yahoo.com logoDril-Quip (DRQ) to Expand Product Offerings with TIW Buyout (NYSE:DRQ)
finance.yahoo.com - October 18 at 4:39 PM
finance.yahoo.com logoDril-Quip (DRQ) to Expand Product Offerings with TIW Buyout (NYSE:DRQ)
finance.yahoo.com - October 18 at 4:39 PM
rttnews.com logoDril-Quip Agrees To Buy TIW Corp. For $143 Mln - Quick Facts (NYSE:DRQ)
www.rttnews.com - October 18 at 9:42 AM
streetinsider.com logoDril-Quip (DRQ) to Acquire TIW Corporation in $143M Deal (NYSE:DRQ)
www.streetinsider.com - October 18 at 9:42 AM
finance.yahoo.com logoBlog Coverage Dril-Quip Reveals its First Acquisition for Approximately $143 Million (NYSE:DRQ)
finance.yahoo.com - October 18 at 9:42 AM
News IconBlog Coverage Dril Quip Reveals its First Acquisition for Approximately 143 Million Dollars (NYSE:DRQ)
news.investornetwork.com - October 18 at 9:42 AM
bizjournals.com logoHouston-based energy equipment co. makes its first acquisition for $143M (NYSE:DRQ)
www.bizjournals.com - October 17 at 4:40 PM
biz.yahoo.com logoDRIL-QUIP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Sta (NYSE:DRQ)
biz.yahoo.com - October 17 at 9:42 AM
publicnow.com logoDril-Quip Agrees To Acquire TIW Corporation (NYSE:DRQ)
www.publicnow.com - October 17 at 9:42 AM
capitalcube.com logoDril-Quip, Inc. breached its 50 day moving average in a Bearish Manner : DRQ-US : October 17, 2016 (NYSE:DRQ)
www.capitalcube.com - October 17 at 9:42 AM
seekingalpha.com logoDril-Quip to buy TIW Corp. for $143M (NYSE:DRQ)
seekingalpha.com - October 17 at 8:47 AM
feeds.reuters.com logoBRIEF-Dril-Quip to buy TIW Corporation for about $143 million (NYSE:DRQ)
feeds.reuters.com - October 17 at 6:24 AM
nasdaq.com logoDRQ Makes Bullish Cross Above Critical Moving Average (NYSE:DRQ)
www.nasdaq.com - October 12 at 9:32 AM
zacks.com logoNew Strong Sell Stocks for October 6th (NYSE:DRQ)
www.zacks.com - October 6 at 10:15 AM
capitalcube.com logoDril-Quip, Inc. – Value Analysis (NYSE:DRQ) : October 4, 2016 (NYSE:DRQ)
www.capitalcube.com - October 4 at 4:37 PM
capitalcube.com logoDril-Quip, Inc. breached its 50 day moving average in a Bullish Manner : DRQ-US : October 3, 2016 (NYSE:DRQ)
www.capitalcube.com - October 3 at 9:27 AM
forbes.com logoDRQ Stock Crowded With Sellers (NYSE:DRQ)
www.forbes.com - September 20 at 4:19 PM
finance.yahoo.com logoDril-Quip, Inc. To Present At Johnson Rice 2016 Energy Conference (NYSE:DRQ)
finance.yahoo.com - September 19 at 9:22 AM
nasdaq.com logoLook Under The Hood: FTLB Has 10% Upside (NYSE:DRQ)
www.nasdaq.com - September 14 at 4:46 PM
nasdaq.com logoLook Under The Hood: FTLB Has 10% Upside (NYSE:DRQ)
www.nasdaq.com - September 14 at 4:46 PM
capitalcube.com logoETF’s with exposure to Dril-Quip, Inc. : September 12, 2016 (NYSE:DRQ)
www.capitalcube.com - September 12 at 4:31 PM
fool.com logoThe Oil Industry Hit a 70-Year Old Landmark, but Not a Good One (NYSE:DRQ)
www.fool.com - September 6 at 4:35 PM
finance.yahoo.com logoDril-Quip, Inc. To Present At Barclays CEO Energy-Power Conference (NYSE:DRQ)
finance.yahoo.com - September 1 at 8:32 AM
capitalcube.com logoETF’s with exposure to Dril-Quip, Inc. : August 25, 2016 (NYSE:DRQ)
www.capitalcube.com - August 25 at 4:46 PM
capitalcube.com logoDril-Quip, Inc. breached its 50 day moving average in a Bullish Manner : DRQ-US : August 24, 2016 (NYSE:DRQ)
www.capitalcube.com - August 24 at 4:40 PM
nasdaq.com logoDril-Quip Breaks Above 200-Day Moving Average - Bullish for DRQ (NYSE:DRQ)
www.nasdaq.com - August 18 at 10:02 PM
finance.yahoo.com logoDebt-Free, this Oil Services Equipment Company is Poised for Growth (NYSE:DRQ)
finance.yahoo.com - August 16 at 9:54 PM
finance.yahoo.com logoMoving Average Crossover Alert: Dril-Quip (DRQ) (NYSE:DRQ)
finance.yahoo.com - August 15 at 11:56 AM
capitalcube.com logoETF’s with exposure to Dril-Quip, Inc. : August 8, 2016 (NYSE:DRQ)
www.capitalcube.com - August 8 at 4:47 PM
capitalcube.com logoDril-Quip, Inc. :DRQ-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:DRQ)
www.capitalcube.com - August 5 at 4:46 PM
biz.yahoo.com logoDRIL-QUIP INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements a (NYSE:DRQ)
biz.yahoo.com - August 2 at 9:30 AM
finance.yahoo.com logoDril-Quip (DRQ) Disappoints in Q2: Earnings & Revenues Lag (NYSE:DRQ)
finance.yahoo.com - August 1 at 4:38 PM
breakingfinancenews.com logoA report released earlier today by Scotia Howard Weil about (NYSE:DRQ) Dril-Quip Inc lowers the target price to $67 (NYSE:DRQ)
breakingfinancenews.com - July 30 at 4:21 PM
finance.yahoo.com logo6:07 am Dril-Quip beats by $0.29, misses on revs; guides Q3 EPS below consensus; lowers FY16 EPS outlook; announces $100 mln repurchase (NYSE:DRQ)
finance.yahoo.com - July 30 at 6:07 AM
nasdaq.com logoDril-Quip Inc. Q2 Profit Declines 8% (NYSE:DRQ)
www.nasdaq.com - July 29 at 10:02 PM
twst.com logoDril-Quip Inc.: Dril-Quip Announces Results For 2nd Quarter 2016 And Stock Repurchase Program (NYSE:DRQ)
www.twst.com - July 29 at 10:02 PM
forbes.com logoDril-Quip (DRQ) Shares Enter Oversold Territory (NYSE:DRQ)
www.forbes.com - July 29 at 10:02 PM
feeds.reuters.com logoBRIEF-Dril-Quip Q2 earnings per share $0.96 (NYSE:DRQ)
feeds.reuters.com - July 29 at 6:32 AM
publicnow.com logoDril-Quip Announces Results For 2nd Quarter 2016 And Stock Repurchase Program (NYSE:DRQ)
www.publicnow.com - July 29 at 6:18 AM
sg.finance.yahoo.com logoDril-Quip misses Street 2Q forecasts (NYSE:DRQ)
sg.finance.yahoo.com - July 29 at 6:16 AM
finance.yahoo.com logoEQT Corp (EQT) Reports Narrower-than-Expected Q2 Loss (NYSE:DRQ)
finance.yahoo.com - July 28 at 11:04 AM
finance.yahoo.com logoSouthwestern Energy (SWN) Incurs Loss in Q2, Guides Up (NYSE:DRQ)
finance.yahoo.com - July 22 at 10:49 AM
4-traders.com logoDril Quip : Awarded $40 Million Contract for the Supply Of Equipment & Services (NYSE:DRQ)
www.4-traders.com - July 13 at 4:54 PM
oilvoice.com logoDril-Quip awarded $40 million contract to supply equipment and services to Kangean Energy Indonesia (NYSE:DRQ)
www.oilvoice.com - July 13 at 8:58 AM
publicnow.com logoDril-Quip Awarded $40 Million Contract For The Supply Of Equipment And Services (NYSE:DRQ)
www.publicnow.com - July 12 at 6:13 AM
seekingalpha.com logoDril Quip Is A Value Trap (NYSE:DRQ)
seekingalpha.com - June 28 at 9:45 PM
breakingfinancenews.com logoDril-Quip Inc (NYSE:DRQ) price target upped to $53 as covered today by JP Morgan (NYSE:DRQ)
breakingfinancenews.com - June 27 at 4:40 PM
nasdaq.com logoDRQ Crosses Below Key Moving Average Level (NYSE:DRQ)
www.nasdaq.com - June 24 at 4:47 PM


Dril-Quip (NYSE:DRQ) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by MarketBeat.com Staff