Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
29 December 2021Website:
http://www.drillingtools.comNext earnings report:
07 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 19 Nov 2024 21:33:16 GMTDividend
Analysts recommendations
Institutional Ownership
DTI Latest News
Drilling Tools International Corporation (NASDAQ:DTI ) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Company Participants Ken Dennard - IR Wayne Prejean - CEO David Johnson - CFO Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company Blake McLean - Daniel Energy Partners Operator Greetings, and welcome to the Drilling Tools International Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Drilling Tools International Corp. (DTI) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.14 per share a year ago.
HOUSTON , Nov. 13, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today reported its 2024 third quarter results. DTI generated total consolidated revenue of $40.1 million in the third quarter of 2024.
HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it plans to report 2024 third quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, November 14, 2024 at 10:00 a.m. Eastern Time (9:00 a.m.
Further Demonstrates DTI's Commitment to Advancing the Directional Drilling Process with Innovative Tool Development and Global Expansion HOUSTON , Oct. 3, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it has closed on its acquisition of European Drilling Projects known as ED Projects (EDP), a global provider of next-generation stabilizers, specialty reamers, and wellbore optimization technology for the drilling industry. Terms of the transaction were not disclosed.
DTI offers balanced growth with a focus on well life cycle tools and services, despite short-term challenges from US energy activity slowdown. The acquisition of SDPI enhances DTI's geographic reach, reduces costs, and provides significant synergies, boosting long-term prospects. DTI's stock is undervalued compared to peers, with a potential upside, making it a "Buy" recommendation.
HOUSTON , Aug. 13, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it will participate in the 2024 EnerCom Denver Energy Conference on August 19-21, 2024. The Company will make a presentation at 10:30 a.m.
Drilling Tools International Corporation (NASDAQ:DTI ) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Ken Dennard - IR Wayne Prejean - CEO David Johnson - CFO Jameson Parker - VP of Corporate Development Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti John Daniel - John Daniel Energy Partners Operator Greetings and welcome to the Drilling Tools International Conference Call. At this time, all participants are in a listen-only mode.
Updates 2024 Guidance and Maintains Adjusted Free Cash Flow Outlook HOUSTON , Aug. 6, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it has closed on its acquisition of Superior Drilling Products, Inc. ("SDP") for total consideration paid in cash and DTI stock of approximately $32.2 million per the merger agreement, subject to purchase price accounting adjustments. DTI also reported today its 2024 second quarter results.
Drilling Tools International Corp. (DTI) was a big mover in Wednesday's session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
What type of business is Drilling Tools International Co?
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.
What sector is Drilling Tools International Co in?
Drilling Tools International Co is in the Energy sector
What industry is Drilling Tools International Co in?
Drilling Tools International Co is in the Oil & Gas Equipment & Services industry
What country is Drilling Tools International Co from?
Drilling Tools International Co is headquartered in United States
When did Drilling Tools International Co go public?
Drilling Tools International Co initial public offering (IPO) was on 29 December 2021
What is Drilling Tools International Co website?
https://www.drillingtools.com
Is Drilling Tools International Co in the S&P 500?
No, Drilling Tools International Co is not included in the S&P 500 index
Is Drilling Tools International Co in the NASDAQ 100?
No, Drilling Tools International Co is not included in the NASDAQ 100 index
Is Drilling Tools International Co in the Dow Jones?
No, Drilling Tools International Co is not included in the Dow Jones index
When was Drilling Tools International Co the previous earnings report?
No data
When does Drilling Tools International Co earnings report?
The next expected earnings date for Drilling Tools International Co is 07 March 2025