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Dril-Quip, Inc. designs, manufactures, sells and services engineered offshore drilling and production equipment. It operates through the following geographical segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. Its products include specialty casing connectors, mudline suspension equipment, downhole tools, capital drilling equipment, control systems, and dry tree systems. 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.
The company trades at 77 times trailing earnings -- well above peers -- but it has several good reasons for doing so.
The S&P edges up for another record close as Central European Media, China Ming Yang Wind Power, and Dril-Quip all soar by double digits.
DRQ earnings call for the period ending September 30, 2021.
DRQ earnings call for the period ending June 30, 2021.
DRQ earnings call for the period ending March 31, 2021.
DRQ earnings call for the period ending December 31, 2020.
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