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.
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Industry, Sector and Symbol
Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
Phone713-939-7711
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$384.63 million
Profitability
Miscellaneous
Employees1,926
Next Earnings Date2/27/2020 (Confirmed)
OptionableOptionable
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 will Dril-Quip's stock buyback program work?
Dril-Quip declared that its board has approved a share repurchase program on Thursday, July 26th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 4.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.
How were Dril-Quip's earnings last quarter?
Dril-Quip, Inc. (NYSE:DRQ) announced its earnings results on Thursday, October, 24th. The oil and gas company reported ($0.07) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.19. The oil and gas company had revenue of $108.23 million for the quarter, compared to analysts' expectations of $103.17 million. Dril-Quip had a negative net margin of 19.96% and a negative return on equity of 0.58%. The company's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.20) earnings per share. View Dril-Quip's Earnings History.
When is Dril-Quip's next earnings date?
How can I listen to Dril-Quip's earnings call?
Dril-Quip will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for DRQ?
7 brokerages have issued 1-year price objectives for Dril-Quip's stock. Their forecasts range from $43.00 to $53.00. On average, they expect Dril-Quip's stock price to reach $47.17 in the next year. This suggests a possible upside of 24.5% from the stock's current price. View Analyst Price Targets for Dril-Quip.
What is the consensus analysts' recommendation for Dril-Quip?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Dril-Quip.
Has Dril-Quip been receiving favorable news coverage?
Press coverage about DRQ stock has been trending very negative on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dril-Quip earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news articles about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Dril-Quip.
Who are some of Dril-Quip's key competitors?
Some companies that are related to Dril-Quip include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Oceaneering International (OII), Helix Energy Solutions Group (HLX), RPC (RES), Seacor (CKH), Tidewater (TDW), Oil States International (OIS), Matrix Service (MTRX), Newpark Resources (NR), Era Group (ERA), Geospace Technologies (GEOS) and TETRA Technologies (TTI).
What other stocks do shareholders of Dril-Quip own?
Who are Dril-Quip's key executives?
Dril-Quip's management team includes the folowing people:
- Mr. Blake T. DeBerry, Pres, CEO & Director (Age 59)
- Mr. Jeffrey J. Bird, Sr. VP of Production Operations & CFO (Age 52)
- Mr. James A. Gariepy, Sr. VP & COO (Age 62)
- Mr. James C. Webster, VP, Gen. Counsel & Sec. (Age 49)
- Mr. Raj Kumar, VP of Fin. & Chief Accounting Officer (Age 46)
Who are Dril-Quip's major shareholders?
Dril-Quip's stock is owned by a number of of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.24%), Alliancebernstein L.P. (6.24%), State Street Corp (3.57%), Bank of New York Mellon Corp (2.14%), Boston Trust Walden Corp (1.52%) and Investment Counselors of Maryland LLC (1.48%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster, Jeffrey J Bird and Raj Kumar. View Institutional Ownership Trends for Dril-Quip.
Which institutional investors are selling Dril-Quip stock?
DRQ stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of America Corp DE, Renaissance Technologies LLC, Kayne Anderson Rudnick Investment Management LLC, Thrivent Financial for Lutherans, Goldman Sachs Group Inc., Cubist Systematic Strategies LLC and Bank of New York Mellon Corp. Company insiders that have sold Dril-Quip company stock in the last year include A P Shukis, Blake T Deberry, James C Webster, Jeffrey J Bird and Raj Kumar. View Insider Buying and Selling for Dril-Quip.
Which institutional investors are buying Dril-Quip stock?
DRQ stock was bought by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, State Street Corp, Jennison Associates LLC, Van ECK Associates Corp, Heartland Advisors Inc., State of New Jersey Common Pension Fund D, Great West Life Assurance Co. Can and GW&K Investment Management LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Dril-Quip's stock price today?
One share of DRQ stock can currently be purchased for approximately $37.87.
How big of a company is Dril-Quip?
Dril-Quip has a market capitalization of $1.37 billion and generates $384.63 million in revenue each year. The oil and gas company earns $-95,690,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis. Dril-Quip employs 1,926 workers across the globe.View Additional Information About Dril-Quip.
What is Dril-Quip's official website?
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 (NYSE DRQ)
| Community Ranking: | | 1.8 out of 5 ( ) |
| Outperform Votes: | | 309 (Thanks for Voting!) |
| Underperform Votes: | | 529 (Thanks for Voting!) |
| Total Votes: | | 838 |
