Dril-Quip, Inc. (DRQ)

NYSE: DRQ · IEX Real-Time Price · USD
28.58
+0.67 (2.40%)
Mar 21, 2023, 4:00 PM EDT - Market closed
2.4%
Market Cap 976.63M
Revenue (ttm) 362.07M
Net Income (ttm) 443,000
Shares Out 34.17M
EPS (ttm) 0.01
PE Ratio 2,858.00
Forward PE 243.90
Dividend n/a
Ex-Dividend Date n/a
Volume 279,980
Open 28.61
Previous Close 27.91
Day's Range 27.90 - 29.03
52-Week Range 19.10 - 38.99
Beta 1.09
Analysts Sell
Price Target 32.30 (+13.02%)
Earnings Date Apr 27, 2023

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... [Read more]

Sector Energy
IPO Date Oct 23, 1997
Employees 1,342
Stock Exchange NYSE
Ticker Symbol DRQ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for DRQ stock is "Sell." The 12-month stock price forecast is $32.3, which is an increase of 13.02% from the latest price.

Price Target
$32.3
(13.02% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Dril-Quip (DRQ) Beats on Q4 Earnings, Ups 2023 Capex Outlook

An increase in product bookings due to improving market conditions aid Dril-Quip's (DRQ) earnings in Q4.

2 weeks ago - Zacks Investment Research

Dril-Quip, Inc. Announces Fourth Quarter and Full Year 2022 Results

Fourth quarter and full year revenue increase double digits year-over-year Significant progress made along operational excellence initiatives Company provides fiscal 2023 financial outlook

3 weeks ago - GlobeNewsWire

Dril-Quip, Inc. Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

HOUSTON, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its fourth quarter and full year 2022 earnings results on Fe...

3 weeks ago - GlobeNewsWire

3 Oil & Gas Equipment Stocks to Gain From the Strengthening Industry

Higher upstream activities are leading to improvement in demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some ...

Other symbols: DNOWOIS
1 month ago - Zacks Investment Research

Dril-Quip (DRQ) Shares Gain 1.6% as Q3 Earnings Beat Estimates

Increased product revenues aid Dril-Quip's (DRQ) earnings in Q3.

4 months ago - Zacks Investment Research

3 Oil & Gas Equipment Stocks to Gain From the Prospering Industry

Higher upstream activities are leading to improvement in demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some ...

Other symbols: DNOWOIS
4 months ago - Zacks Investment Research

7 Energy Stocks to Buy Before the Market Starts to Soar in 2023

While the concept of energy stocks to buy might seem overdone at this point of the year, the segment may still offer substantial upside. Fundamentally, one of the catalysts that sparked the wild rally...

Other symbols: EPMEPSNPFIESOIVLOWDS
4 months ago - InvestorPlace

Dril-Quip, Inc. Announces Third Quarter 2022 Results

HOUSTON, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the third quarter of 2022.

5 months ago - GlobeNewsWire

Dril-Quip, Inc. Schedules Third Quarter 2022 Earnings Release And Upcoming Webcast

HOUSTON, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) announced today that it will release its third quarter 2022 earnings press release following the ...

5 months ago - GlobeNewsWire

CORRECTION - Dril-Quip, Inc. to Participate in Pareto Securities Energy Conference

HOUSTON, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in an upcoming investor conference. John Mossop, Director of Energy Transition, will present a...

6 months ago - GlobeNewsWire

Dril-Quip, Inc. to Participate in Pareto Securities Energy Conference

HOUSTON, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in an upcoming investor conference. John Mossop, Director of Energy Transition, will present a...

6 months ago - GlobeNewsWire

Dril-Quip, Inc. To Participate In Upcoming Investor Conference

HOUSTON, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) today announced its participation in an upcoming investor conference. Jeff Bird, President and Chief Executive Officer, will part...

7 months ago - GlobeNewsWire

3 Oil & Gas Equipment Stocks From the Prospering Industry

Higher upstream activities are leading to improvement in demand for drilling & production equipment, thereby brightening the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry. Some ...

Other symbols: DNOWOIS
7 months ago - Zacks Investment Research

Dril-Quip (DRQ) Dips 9% Despite Reporting Narrower Q2 Loss

Increase in product revenues as a result of higher subsea product volumes aids Dril-Quip's (DRQ) earnings in Q2.

7 months ago - Zacks Investment Research

Dril-Quip (DRQ) Reports Q2 Loss, Tops Revenue Estimates

Dril-Quip (DRQ) delivered earnings and revenue surprises of 16.67% and 6.49%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Dril-Quip, Inc. Announces Second Quarter 2022 Results

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

8 months ago - GlobeNewsWire

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

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

8 months ago - GlobeNewsWire

Harris Auctions Holding Live Webcast Auction of Dril-Quip Forge

HOUSTON , June 21, 2022 /PRNewswire/ -- With the recent closure of Dril-Quip, Inc.'s Forging, conventional machining and metallurgical lab, all of the related equipment will be sold at auction on Tues...

9 months ago - PRNewsWire

Dril-Quip (DRQ) Sets New Climate Targets to Reduce Emissions

Dril-Quip (DRQ) is planning to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030.

10 months ago - Zacks Investment Research

Dril-Quip Announces Decarbonization Targets

HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) has set its decarbonization targets to align with a 1.5°C global warming pathway and the ambitions...

10 months ago - GlobeNewsWire

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

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

11 months 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?

11 months 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.

11 months 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...

11 months 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 year ago - Zacks Investment Research