Superior Drilling Products, Inc. (SDPI)

NYSEAMERICAN: SDPI · IEX Real-Time Price · USD
1.255
+0.020 (1.62%)
At close: Apr 26, 2024, 3:59 PM
1.190
-0.065 (-5.18%)
After-hours: Apr 26, 2024, 5:22 PM EDT
1.62%
Market Cap 38.29M
Revenue (ttm) 20.97M
Net Income (ttm) 7.44M
Shares Out 30.39M
EPS (ttm) 0.25
PE Ratio 5.02
Forward PE 10.25
Dividend n/a
Ex-Dividend Date n/a
Volume 68,064
Open 1.250
Previous Close 1.235
Day's Range 1.190 - 1.270
52-Week Range 0.580 - 2.210
Beta 0.09
Analysts Strong Buy
Price Target 2.00 (+59.36%)
Earnings Date May 9, 2024

About SDPI

Superior Drilling Products, Inc., a drilling and completion tool technology company, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in North America and internationally. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system. The company also engages in the manufacture and refurbishment of polycrystalline diamond compact drill bits for oil field services companies. It se... [Read more]

Sector Energy
IPO Date May 23, 2014
Employees 75
Stock Exchange NYSEAMERICAN
Ticker Symbol SDPI
Full Company Profile

Financial Performance

In 2023, SDPI's revenue was $20.97 million, an increase of 9.82% compared to the previous year's $19.10 million. Earnings were $7.44 million, an increase of 598.12%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SDPI stock is "Strong Buy" and the 12-month stock price forecast is $2.0.

Price Target
$2.0
(59.36% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI

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 sale of Superior Drillin...

Other symbols: DTI
6 weeks ago - Business Wire

Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results.

7 weeks ago - Business Wire

SDPI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Superior Drilling Products, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Superior Drilling Products, Inc. (NYSE American: SDPI) to Drilling Tools International Co...

7 weeks ago - Business Wire

Drilling Tools International Corp. to Acquire Superior Drilling Products, Inc.

Acquisition furthers DTI's growth strategy to be a premier provider of quality solutions and services for the global oil & gas drilling industry Integrating SDP's patented Drill-N-Ream® well bore cond...

Other symbols: DTI
7 weeks ago - PRNewsWire

Superior Drilling Products to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 7

VERNAL, Utah--(BUSINESS WIRE)--SDPI Q4 2023 Teleconference Announcement.

2 months ago - Business Wire

Superior Drilling Products Reports Third Quarter 2023 Results

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products Reports Third Quarter 2023 Results.

6 months ago - Business Wire

Superior Drilling Products to Report Third Quarter 2023 Financial Results and Host Conference Call on November 9

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products to Report Third Quarter 2023 Financial Results and Host Conference Call on November 9.

6 months ago - Business Wire

Superior Drilling Products, Inc. to Webcast Presentation at iAccess Alpha's Virtual Microcap Conference

VERNAL, UT / ACCESSWIRE / September 19, 2023 / Superior Drilling Products, Inc. (NYSE American:SDPI) ("SDP" or the "Company"), a designer and manufacturer of drilling tool technologies, announced that...

7 months ago - Accesswire

Superior Drilling Products, Inc. Revenue Grew 18% to $5.4 million with Earnings per Share of $0.01 in Second Quarter 2023

VERNAL, Utah--(BUSINESS WIRE)--SDPI Q2 FY23 Financial Results Release.

9 months ago - Business Wire

Superior Drilling Products, Inc. Enters Into New Loan and Line of Credit Agreement

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Enters Into New Loan and Line of Credit Agreement.

9 months ago - Business Wire

Superior Drilling Products to Report Second Quarter 2023 Financial Results and Host Conference Call on August 14

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products (NYSE American: SDPI) to Report Second Quarter 2023 Financial Results and Host Conference Call on August 14.

9 months ago - Business Wire

Superior Drilling Products, Inc. Retains Piper Sandler & Co. as Financial Advisor to Evaluate Strategic Alternatives

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Retains Piper Sandler & Co. as Financial Advisor to Evaluate Strategic Alternatives.

1 year ago - Business Wire

Superior Drilling Products, Inc. Revenue Grew 52% to $6.3 million with Expanded Margins and Earnings per Share of $0.05 in First Quarter 2023

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Revenue Grew 52% to $6.3 million with Expanded Margins and EPS of $0.05 in First Quarter 2023.

1 year ago - Business Wire

Superior Drilling Products to Report First Quarter 2023 Financial Results and Host Conference Call on May 11

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products (NYSE American: SDPI) to Report First Quarter 2023 Financial Results and Host Conference Call on May 11.

1 year ago - Business Wire

Superior Drilling Products, Inc. Delivers Revenue Growth of 43% to $19.1 million with Expanded Margins and Earnings per Share of $0.04 in 2022

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Delivers Revenue Growth of 43% to $19.1 million with Expanded Margins and EPS of $0.

1 year ago - Business Wire

Superior Drilling Products to Report Fourth Quarter 2022 Financial Results and Host Conference Call on March 10

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products (NYSE American: SDPI) to Report Fourth Quarter 2022 Financial Results and Host Conference Call on March 10

1 year ago - Business Wire

Superior Drilling Products, Inc. Delivers Revenue Growth of 45% to $5.2 million with Expanded Margins in Third Quarter 2022

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today reported financial re...

1 year ago - Business Wire

Superior Drilling Products to Report Third Quarter 2022 Financial Results and Host Conference Call on November 11, 2022

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) to Report Third Quarter 2022 Financial Results and Host Conference Call on November 11, 2022

1 year ago - Business Wire

Superior Drilling Products, Inc. Updates Third Quarter 2022 Expectations and Reaffirms Full Year 2022 Guidance

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Updates Third Quarter 2022 Expectations and Reaffirms Full Year 2022 Guidance

1 year ago - Business Wire

Superior Drilling Products, Inc. to Webcast Presentation at the MicroCap Rodeo Windy City Roundup Conference

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) to Webcast Presentation at the MicroCap Rodeo Windy City Roundup Conference

1 year ago - Business Wire

Superior Drilling Products, Inc. Awarded $750,000 Grant to Expand its Manufacturing Operations

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Awarded $750,000 Grant to Expand its Manufacturing Operations

1 year ago - Business Wire

Superior Drilling Products, Inc. Revenue Grew 34% to $4.5 million in Second Quarter 2022

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Revenue Grew 34% to $4.5 million in Second Quarter 2022

1 year ago - Business Wire

Superior Drilling Products to Report Second Quarter 2022 Financial Results and Host Conference Call on August 12, 2022

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products (NYSE American: SDPI) to Report Second Quarter 2022 Financial Results and Host Conference Call on August 12, 2022

1 year ago - Business Wire

Superior Drilling Products, Inc. Secures International Distributor Relationship for Drill-N-Ream® Wellbore Conditioning System

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Secures International Distributor Relationship for Drill-N-Ream® Wellbore Conditioning System

1 year ago - Business Wire