Dril-Quip, Inc. (DRQ)

NYSE: DRQ · IEX Real-Time Price · USD
30.45
1.02 (3.47%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap1.05B
Revenue (ttm)324.84M
Net Income (ttm)-102.58M
Shares Out34.52M
EPS (ttm)-2.92
PE Ration/a
Forward PE243.90
Dividendn/a
Ex-Dividend Daten/a
Volume180,262
Open29.68
Previous Close29.43
Day's Range29.36 - 31.10
52-Week Range18.17 - 41.23
Beta1.10
AnalystsSell
Price Target27.54 (-9.6%)
Earnings DateApr 28, 2022

About DRQ

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company's principal products include subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as downhole tools. It also provides techn...

IndustryEnergy Equipment & Services
IPO DateOct 23, 1997
CEOBlake DeBerry
Employees1,342
Stock ExchangeNYSE
Ticker SymbolDRQ
Full Company Profile

Financial Performance

In 2021, Dril-Quip's revenue was $322.95 million, a decrease of -11.52% compared to the previous year's $364.97 million. Losses were -$128.00 million, 316.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for DRQ stock is "Sell." The 12-month stock price forecast is 27.54, which is a decrease of -9.56% from the latest price.

Price Target
$27.54
(-9.56% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Dril-Quip (DRQ) Stock Gains 2.1% Despite Q1 Earnings Miss

Higher cost of sales hurt Dril-Quip's (DRQ) earnings in Q1.

1 week ago - Zacks Investment Research

Dril-Quip (DRQ) Reports Q1 Loss, Lags Revenue Estimates

Dril-Quip (DRQ) delivered earnings and revenue surprises of -38.10% and 7.52%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Dril-Quip, Inc. Announces First Quarter 2022 Results

HOUSTON, April 28, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the first quarter of 2022.

2 weeks ago - GlobeNewsWire

Dril-Quip, Inc. Schedules First Quarter 2022 Earnings Release and Upcoming Webcast

HOUSTON, April 21, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its first quarter 2022 earnings press release following the m...

3 weeks ago - GlobeNewsWire

Dril-Quip (DRQ) Up 28.7% Since Last Earnings Report: Can It Continue?

Dril-Quip (DRQ) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Dril-Quip, Inc. Announces Addition to its Board of Directors

HOUSTON, March 21, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that Carri A. Lockhart has been appointed to its Board of Directors upon the recom...

1 month ago - GlobeNewsWire

5 Graham's Lost Formula Energy Stocks to Consider in March

Despite gains for the day, the Dow Jones Industrial Average is headed for its fifth straight week of losses as uncertainty surrounding the war between Russia and Ukraine remains elevated.

Other symbols:CLNEHPTELLWLL
2 months ago - GuruFocus

Dril-Quip (DRQ) Stock Gains 14.3% Despite Q4 Earnings Miss

A decline in product revenues hurt Dril-Quip's (DRQ) earnings in Q4.

2 months ago - Zacks Investment Research

Dril-Quip (DRQ) Reports Q4 Loss, Lags Revenue Estimates

Dril-Quip (DRQ) delivered earnings and revenue surprises of -228.57% and 6.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Dril-Quip, Inc. Announces Fourth Quarter and Full Year 2021 Results

HOUSTON, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the fourth quarter and full year 2021.

2 months ago - GlobeNewsWire

Aker Solutions and Dril-Quip Announce CCUS Collaboration Agreement

OSLO, Norway and HOUSTON, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Aker Solutions ASA (“Aker Solutions”) (OSE: AKSO) and Dril-Quip, Inc. (“Dril-Quip”) (NYSE: DRQ) today announced that their subsidiaries have e...

2 months ago - GlobeNewsWire

Analysts Estimate Dril-Quip (DRQ) to Report a Decline in Earnings: What to Look Out for

Dril-Quip (DRQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Dril-Quip, Inc. Announces Timing of Year-End 2021 Earnings Release and Conference Call

HOUSTON, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its fourth quarter and full year 2021 results on Wednesday, Fe...

3 months ago - GlobeNewsWire

Dril-Quip, Inc. Announces Appointment of Kyle McClure as Chief Financial Officer

HOUSTON, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) announced today that its Board of Directors has appointed Kyle F. McClure as its Vice President and ...

5 months ago - GlobeNewsWire

Dril-Quip (DRQ) Gains Despite Q3 Earnings & Revenue Miss

A deterioration in product revenues from the Asia Pacific and Eastern Hemisphere hurts Dril-Quip's (DRQ) Q3 earnings.

6 months ago - Zacks Investment Research

New Strong Sell Stocks for November 2nd

TAST, DRQ, THRM, GEF, and HWKN have been added to the Zacks Rank #5 (Strong Sell) List on November 2, 2021

Other symbols:GEFHWKNTASTTHRM
6 months ago - Zacks Investment Research

Dril-Quip (DRQ) Reports Q3 Loss, Lags Revenue Estimates

Dril-Quip (DRQ) delivered earnings and revenue surprises of -191.67% and -6.22%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Dril-Quip: Q3 Earnings Insights

Dril-Quip (NYSE:DRQ) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:45 PM. Here's what investors need to know about the announcement.

6 months ago - Benzinga

Dril-Quip, Inc. Announces Third Quarter 2021 Results

HOUSTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the third quarter of 2021.

6 months ago - GlobeNewsWire

Dril-Quip, Inc. Schedules Third Quarter 2021 Earnings Release and Upcoming Webcast

HOUSTON, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its third quarter 2021 earnings press release following the ma...

6 months ago - GlobeNewsWire

5 Undervalued Energy Companies to Explore as Oil Prices Surpass $80

As market indexes continue to gain, U.S. crude oil prices topped $80 per barrel for the first time since November 2014 on Friday.

Other symbols:AMPYHLXNVGSREX
7 months ago - GuruFocus

Dril-Quip, Inc. Announces Departure of Chief Financial Officer

HOUSTON, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) announced today that Raj Kumar, Vice President and Chief Financial Officer, has resigned his positio...

7 months ago - GlobeNewsWire

4 Energy Stocks With High Financial Strength and Fair GF Values

In light of increasing crude oil prices and Treasury yields pressuring technology shares, four energy stocks with high financial strength and trading at fair GF Values are Dril-Quip Inc. ( DRQ , Financi...

Other symbols:EPMNGSREX
7 months ago - GuruFocus

Dril-Quip, Inc. Announces Leadership Transition

HOUSTON, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) announced today that its Board of Directors has appointed Jeffrey J. Bird as its President and Chie...

8 months ago - GlobeNewsWire

Dril-Quip, Inc. Wins OTC Spotlight on New Technology Award for BADGeR™ Specialty Connector

HOUSTON, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) (the 'Company' or ‘Dril-Quip') announced that it was presented with a Spotlight on New Technology Award by the 2021 Offshore Techno...

9 months ago - GlobeNewsWire