Dril-Quip, Inc. (DRQ)
NYSE: DRQ · IEX Real-Time Price · USD
19.25
-0.10 (-0.52%)
May 17, 2024, 4:00 PM EDT - Market closed

Company Description

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 packers, and safety and kelly valves; and rig equipment comprises drilling riser systems, wellhead connectors, diverters, and cement manifolds.

It also provides technical advisory assistance, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; equipment installation and monitoring, storage, maintenance, and repair services; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore.

The company's products are used in the exploration and production of 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, Spars, and 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 and other oilfield contractors, and engineering and construction companies.

Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.

Dril-Quip, Inc.
Dril-Quip logo
Country United States
Founded 1981
IPO Date Oct 23, 1997
Industry Oil & Gas Equipment & Services
Sector Energy
Employees 1,659
CEO Jeffrey J. Bird

Contact Details

Address:
2050 West Sam Houston Parkway S., Suite 1100
Houston, Texas 77042
United States
Phone (713) 939-7711
Website dril-quip.com

Stock Details

Ticker Symbol DRQ
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001042893
CUSIP Number 262037104
ISIN Number US2620371045
Employer ID 74-2162088
SIC Code 3533

Key Executives

Name Position
Jeffrey J. Bird President, Chief Executive Officer and Director
Kyle F. McClure Vice President and Chief Financial Officer
James C. Webster Vice President, General Counsel and Secretary
Donald M. Underwood Vice President of Subsea Products
John Mossop Vice President of Technology and Energy Transition
Erin Fazio Director of Corporate Development, Investor Relations and FP&A
Mahesh R. Puducheri Vice President and Chief Human Resources Officer

Latest SEC Filings

Date Type Title
May 14, 2024 425 Filing
May 14, 2024 8-K Current Report
May 8, 2024 8-K Current Report
May 8, 2024 425 Filing
May 8, 2024 8-K Current Report
May 2, 2024 10-Q Quarterly Report
May 2, 2024 8-K Current Report
May 1, 2024 S-4 Filing
Apr 23, 2024 SD Form - SD
Apr 22, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material