NYSE:DRQ - Dril-Quip Stock Price, News, & Analysis

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$44.45 -2.00 (-4.31 %)
(As of 04/24/2019 04:00 PM ET)
Previous Close$46.45
Today's Range$44.42 - $46.42
52-Week Range$26.62 - $58.95
Volume157,388 shs
Average Volume579,245 shs
Market Capitalization$1.59 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.5
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.

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Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
CUSIP26203710
Phone713-939-7711

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$384.63 million
Cash Flow$0.3302 per share
Book Value$30.64 per share

Profitability

Net Income$-95,690,000.00

Miscellaneous

Employees1,926
Market Cap$1.59 billion
Next Earnings Date4/25/2019 (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 announced that its Board of Directors has authorized a stock repurchase plan on Thursday, July 26th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

How were Dril-Quip's earnings last quarter?

Dril-Quip, Inc. (NYSE:DRQ) released its quarterly earnings results on Tuesday, February, 26th. The oil and gas company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.19. The oil and gas company earned $97.30 million during the quarter, compared to analyst estimates of $87.05 million. Dril-Quip had a negative return on equity of 2.17% and a negative net margin of 24.88%. The firm's revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.01 EPS. View Dril-Quip's Earnings History.

When is Dril-Quip's next earnings date?

Dril-Quip is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Dril-Quip.

What guidance has Dril-Quip issued on next quarter's earnings?

Dril-Quip issued an update on its earnings guidance on Tuesday, February, 26th. The company provided earnings per share (EPS) guidance of for the period.

What price target have analysts set for DRQ?

5 brokerages have issued twelve-month price objectives for Dril-Quip's stock. Their predictions range from $38.84 to $58.00. On average, they anticipate Dril-Quip's stock price to reach $46.71 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Price Targets for Dril-Quip.

What is the consensus analysts' recommendation for Dril-Quip?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 1 sell rating and 4 hold 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?

Media coverage about DRQ stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dril-Quip earned a news impact score of 1.7 on InfoTrie's scale. They also gave news stories about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future.

Who are some of Dril-Quip's key competitors?

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 BTIM Corp. (1.43%), Dalton Greiner Hartman Maher & Co. (0.68%), Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%), Brinker Capital Inc. (0.02%) and Oppenheimer Asset Management Inc. (0.01%). Company insiders that own Dril-Quip stock include A P Shukis, Blake T Deberry, James A Gariepy, James C Webster and Jeffrey J Bird. 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 Dalton Greiner Hartman Maher & Co.. 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 bought by a variety of institutional investors in the last quarter, including BTIM Corp., State of Alaska Department of Revenue, Brinker Capital Inc., Unison Advisors LLC, Louisiana State Employees Retirement System and Oppenheimer Asset Management Inc.. 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 $44.45.

How big of a company is Dril-Quip?

Dril-Quip has a market capitalization of $1.59 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.

What is Dril-Quip's official website?

The official website for Dril-Quip is http://www.dril-quip.com.

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 (star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  464 (Vote Underperform)
Total Votes:  715
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.
This page was last updated on 4/24/2019 by MarketBeat.com Staff

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