Company Description
Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East.
It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry.
The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.
In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells.
Drilling Tools International Corporation is headquartered in Houston, Texas.
| Country | United States |
| Founded | 1984 |
| Industry | Oil & Gas Equipment & Services |
| Sector | Energy |
| Employees | 394 |
| CEO | R. Wayne Prejean |
Contact Details
Address: 3701 Briarpark Drive, Suite 150 Houston, Texas 77042 United States | |
| Phone | (832) 742-8500 |
| Website | drillingtools.com |
Stock Details
| Ticker Symbol | DTI |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001884516 |
| CUSIP Number | 26205E107 |
| ISIN Number | US26205E1073 |
| Employer ID | 87-2488708 |
| SIC Code | 3533 |
Key Executives
| Name | Position |
|---|---|
| R. Wayne Prejean | Chief Executive Officer, President and Director |
| David R. Johnson | Chief Financial Officer |
| Michael W. Domino Jr. | President of Directional Tools Rentals Division |
| Ronnie Russo | Founder |
| David Cotten | Director of Technical Services and QHSE |
| Aldo Rodriguez | Vice President of Sales |
| Jameson Parker | Vice President of Corporate Development |
| Veda Ragsdill | Vice President of Human Resources |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 2, 2024 | 424B3 | Prospectus |
| Jun 25, 2024 | S-4/A | Filing |
| Jun 12, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| May 28, 2024 | 8-K/A | [Amend] Current report |
| May 16, 2024 | 8-K | Current Report |
| May 15, 2024 | 10-Q | Quarterly Report |
| May 10, 2024 | S-4 | Filing |
| May 10, 2024 | 8-K | Current Report |
| May 10, 2024 | 8-K | Current Report |
| Apr 4, 2024 | 424B3 | Prospectus |