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 Date10/24/2019 (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 buyback program on Thursday, July 26th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 4.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.
How were Dril-Quip's earnings last quarter?
Dril-Quip, Inc. (NYSE:DRQ) posted its earnings results on Thursday, July, 25th. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The oil and gas company had revenue of $104 million for the quarter, compared to the consensus estimate of $97.19 million. Dril-Quip had a negative return on equity of 1.04% and a negative net margin of 23.06%. The business's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.24) earnings per share. View Dril-Quip's Earnings History.
When is Dril-Quip's next earnings date?
What price target have analysts set for DRQ?
6 Wall Street analysts have issued 1 year price objectives for Dril-Quip's stock. Their predictions range from $38.84 to $51.00. On average, they anticipate Dril-Quip's stock price to reach $43.96 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for Dril-Quip.
What is the consensus analysts' recommendation for Dril-Quip?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dril-Quip in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating 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 headlines about DRQ stock have trended somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. 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 media sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines 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 impact on the company's share price in the near future. View News Stories for Dril-Quip.
Are investors shorting Dril-Quip?
Dril-Quip saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 3,480,000 shares, a decline of 7.7% from the August 30th total of 3,770,000 shares. Based on an average daily volume of 345,900 shares, the days-to-cover ratio is currently 10.1 days. Approximately 9.7% of the shares of the company are short sold. View Dril-Quip's Current Options Chain.
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 many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.11%), Envestnet Asset Management Inc. (0.10%), State of Alaska Department of Revenue (0.08%), First Hawaiian Bank (0.05%), Meeder Asset Management Inc. (0.04%) and Campbell & CO Investment Adviser LLC (0.03%). 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 institutional investors are selling Dril-Quip stock?
DRQ stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 institutional investors are buying Dril-Quip stock?
DRQ stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meeder Asset Management Inc., Nisa Investment Advisors LLC, Campbell & CO Investment Adviser LLC and First Hawaiian Bank. 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 $45.73.
How big of a company is Dril-Quip?
Dril-Quip has a market capitalization of $1.66 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.
