Oil and Gas
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Dril-Quip, Inc. designs, manufactures, sells and services engineered offshore drilling and production equipment that is well suited for use in deepwater, harsh environment and severe service applications. Its products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors and diverters which are used by major integrated, large independent and foreign national oil and gas companies in offshore areas throughout the world. Read More The company was founded by Larry E. Reimert, Gary W. Loveless, Gary D. Smith and J. Mike Walker in 1981 and is headquartered in Houston, TX.
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Oil and Gas
Recent Change: Dril-Quip (NYSE: DRQ)
Dril-Quip trades as part of the oil and gas services industry and energy sector. The company CEO is Blake T. DeBerry. Dril-Quip Inc is in the oil and gas industry. It manufactures offshore drilling and production equipment for use in deepwater. Previous Intraday Trading Performance: The DRQ stock showed a previous change of 2.64% with an open at 40.50 and a close of 41.24. It reached an intraday high of 41.38 and a low of 40.39. SeekingAlpha: Dril-Quip COO Gariepy retires from company Liquidity: The st...
Yahoo FinanceFeb 27
Dril-Quip (DRQ) Q4 Loss Narrower than Expected, Revenues Beat
Dril-Quip Inc DRQ reported fourth-quarter 2018 adjusted loss per share of 4 cents, which was narrower than the Zacks Consensus Estimate of a loss of 23 cents.
Seeking AlphaFeb 27
Dril-Quip +16% on lighter than expected Q4 loss, big backlog gain
Dril-Quip (DRQ +16.3% ) soars to its highest levels in four months after reporting a much smaller than expected Q4 loss and saying its year-end 2018 backlog rose surged 30% to $270M from $207M at year-end 2017. The company says Q4 was its strongest non-project bookings quarter in four years and remains cautiously optimistic that backlog will trend progressively upward in 2019. DRQ says it continues to see international drilling activity increase as well as its quote activity, and notes it is running ahead...
Expected Apr 25, After Hours