Dril-Quip, Inc. (DRQ)

NYSE: DRQ · IEX Real-Time Price · USD
19.86
-0.75 (-3.64%)
Apr 17, 2024, 4:00 PM EDT - Market closed
-3.64%
Market Cap 683.58M
Revenue (ttm) 424.06M
Net Income (ttm) 604,000
Shares Out 34.42M
EPS (ttm) 0.02
PE Ratio 993.00
Forward PE 28.98
Dividend n/a
Ex-Dividend Date n/a
Volume 263,629
Open 20.67
Previous Close 20.61
Day's Range 19.84 - 20.94
52-Week Range 18.93 - 30.93
Beta 0.85
Analysts Hold
Price Target 31.00 (+56.09%)
Earnings Date May 6, 2024

About DRQ

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for offshore and onshore applications worldwide. The company's principal products include subsea and surface wellheads, specialty connectors and associated pipes, subsea production trees and systems, mudline hanger systems, production riser systems, dry tree systems, subsea manifolds, line hangers and expandable liner systems, multi-frac well connections, conventional wellheads, thermal wellheads, completion p... [Read more]

Sector Energy
IPO Date Oct 23, 1997
Employees 1,659
Stock Exchange NYSE
Ticker Symbol DRQ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for DRQ stock is "Hold." The 12-month stock price forecast is $31.0, which is an increase of 56.09% from the latest price.

Price Target
$31.0
(56.09% upside)
Analyst Consensus: Hold
Stock Forecasts

News

DRIL-QUIP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Dril-Quip, Inc. - DRQ

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Dril-Quip, Inc...

4 weeks ago - Business Wire

DRQ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Dril-Quip, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Dril-Quip, Inc. (NYSE: DRQ) and Innovex Downhole Solutions, Inc. is fair to Dril-Quip s...

4 weeks ago - Business Wire

Dril-Quip and Innovex to Combine Creating Unique Energy Industrial Platform

HOUSTON--(BUSINESS WIRE)--Dril-Quip, Inc. (NYSE: DRQ), (“Dril-Quip”), a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil...

4 weeks ago - Business Wire

Dril-Quip, Inc. Announces Fourth Quarter and Full Year 2023 Results

Annual revenue increases double digits year-over-year Full year cash provided by operations increases $44.5 million year-over-year Company provides fiscal 2024 financial outlook HOUSTON, TX / ACCESSWI...

7 weeks ago - Accesswire

DRIL-QUIP Secures Key Role in Woodside Trion Development Offshore Mexico with BigBore(TM) IIe Subsea Wellhead Systems

HOUSTON, TX / ACCESSWIRE / February 22, 2024 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), a global leader in offshore drilling solutions, has been chosen to supply the subsea wellhead...

7 weeks ago - Accesswire

Dril-Quip, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

HOUSTON, TX / ACCESSWIRE / February 21, 2024 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip") announced today that it will release its fourth quarter and full year 2023 earnings results on...

2 months ago - Accesswire

DRIL-QUIP will be a Supplier for Petrobras Pre-Salt Development Wells Project

Revolutionary Drill Through Systems to Enhance Offshore Operations HOUSTON, TX / ACCESSWIRE / November 16, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), a global leader in offshor...

5 months ago - Accesswire

Dril-Quip Achieves Milestone with Installation of its First XPAK-De 18" X 22" Expandable Liner Hanger for Petrobras

Pre-salt Exploratory Well in the Santos Basin HOUSTON, TX / ACCESSWIRE / November 7, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), announced today the successful installation of i...

5 months ago - Accesswire

Dril-quip, Inc. Announces Third Quarter 2023 Results

Third quarter revenue increased 31% sequentially Cash from operations of $26.8 million Successfully completed the acquisition of Great North HOUSTON, TX / ACCESSWIRE / October 26, 2023 / Dril-Quip, In...

6 months ago - Accesswire

Dril-Quip, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

HOUSTON, TX / ACCESSWIRE / October 23, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip") announced today that it will release its third quarter 2023 earnings results on October 26th, 2...

6 months ago - Accesswire

Dril-Quip, Inc. To Participate in the Barclays CEO Energy-Power Conference

HOUSTON, TX / ACCESSWIRE / August 29, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), announced today that Jeffrey Bird, Dril-Quip's President and Chief Executive Officer, will part...

8 months ago - Accesswire

Dril-Quip, Inc. Announces Second Quarter 2023 Results

Second quarter bookings increase 47% over prior year Announces acquisition of Great North to expand the Company's Well Construction portfolio HOUSTON, TX / ACCESSWIRE / July 31, 2023 / Dril-Quip, Inc....

9 months ago - Accesswire

Dril-Quip, Inc. Announces Acquisition of Great North, Expanding Its Market Presence in Well Construction

Acquisition of a leading provider of customized wellheads and mission-critical proprietary completion solutions, adding to Dril-Quip's Well Construction portfolio Expands Dril-Quip's addressable marke...

9 months ago - Accesswire

Dril-Quip, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call

HOUSTON, TX / ACCESSWIRE / July 27, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip") announced today that it will release its second quarter 2023 earnings results on July 31, 2023, af...

9 months ago - Accesswire

Dril-Quip, Inc. Announces Successful Installation of BigBore(TM) IIe Wellhead System for Petrobras Exploratory Project in the Santos Basin

HOUSTON, TX / ACCESSWIRE / June 7, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), announced today the successful installation of its 18 3/4" BigBore™ IIe wellhead system for the Pe...

11 months ago - Accesswire

Dril-Quip, Inc. Announces First Quarter 2023 Results

First quarter revenue increases 9% over prior year Company announces segment reporting changes Additional progress made along footprint optimization initiatives HOUSTON, TX / ACCESSWIRE / May 8, 2023 ...

1 year ago - Accesswire

Dril-Quip, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

HOUSTON, TX / ACCESSWIRE / May 3, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip") announced today that it will release its first quarter 2023 earnings results on May 8, 2023, after t...

1 year ago - Accesswire

Dril-Quip, Inc. Announces Successful Installation Of HorizontalBore(TM) Subsea Trees At Woodside Shenzi North

HOUSTON, TX / ACCESSWIRE / April 21, 2023 / Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), a developer, manufacturer and provider of highly engineered equipment, service and innovative te...

1 year ago - Accesswire

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

1 year 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...

1 year ago - GlobeNewsWire

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.

1 year 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 ...

1 year 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...

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire