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 Date2/25/2020 (Estimated)
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 authorized a stock buyback plan on Thursday, July 26th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.
How were Dril-Quip's earnings last quarter?
Dril-Quip, Inc. (NYSE:DRQ) issued its quarterly earnings data on Thursday, October, 24th. The oil and gas company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.19. The oil and gas company earned $108.23 million during 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 business's revenue was up 16.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.20) EPS. View Dril-Quip's Earnings History.
When is Dril-Quip's next earnings date?
What price target have analysts set for DRQ?
8 brokers have issued 12-month price targets for Dril-Quip's shares. Their forecasts range from $38.84 to $53.00. On average, they expect Dril-Quip's share price to reach $45.31 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Dril-Quip.
What is the consensus analysts' recommendation for Dril-Quip?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 2 sell ratings, 4 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?
News coverage about DRQ stock has been trending somewhat positive this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dril-Quip earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. 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), Helix Energy Solutions Group (HLX), Oceaneering International (OII), Oil States International (OIS), RPC (RES), Seacor (CKH), Tidewater (TDW), Matrix Service (MTRX), Newpark Resources (NR), Geospace Technologies (GEOS), Era Group (ERA) 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 institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (4.81%), State Street Corp (3.23%), Gamco Investors INC. ET AL (1.59%), Boston Trust Walden Corp (1.52%), GW&K Investment Management LLC (1.08%) and Voya Investment Management LLC (0.80%). 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 State Street Corp, Gamco Investors INC. ET AL, SG Americas Securities LLC, Gabelli Funds LLC, Squarepoint Ops LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc. and Man Group plc. 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 GW&K Investment Management LLC, Boston Trust Walden Corp, California Public Employees Retirement System, Strs Ohio, State of Alaska Department of Revenue, Meeder Asset Management Inc., Nisa Investment Advisors LLC and State of Tennessee Treasury Department. 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 $44.47.
How big of a company is Dril-Quip?
Dril-Quip has a market capitalization of $1.61 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)
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.
