Drilling Tools International Corporation

NasdaqCM:DTI Stock Report

Market Cap: US$119.7m

Drilling Tools International Management

Management criteria checks 1/4

Drilling Tools International's CEO is R. Prejean, appointed in Jun 2023, has a tenure of 1.58 years. total yearly compensation is $2.96M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 1.26% of the company’s shares, worth $1.51M. The average tenure of the management team and the board of directors is 1.6 years and 13 years respectively.

Key information

R. Prejean

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage15.2%
CEO tenure1.6yrs
CEO ownership1.3%
Management average tenure1.6yrs
Board average tenure13yrs

Recent management updates

Recent updates

We Think Drilling Tools International (NASDAQ:DTI) Is Taking Some Risk With Its Debt

Dec 21
We Think Drilling Tools International (NASDAQ:DTI) Is Taking Some Risk With Its Debt

Drilling Tools International Slows Down While Relative Valuation Gets Expensive (Rating Downgrade)

Dec 08

Drilling Tools International (NASDAQ:DTI) Posted Weak Earnings But There Is More To Worry About

Aug 16
Drilling Tools International (NASDAQ:DTI) Posted Weak Earnings But There Is More To Worry About

Does Drilling Tools International (NASDAQ:DTI) Have A Healthy Balance Sheet?

Jul 15
Does Drilling Tools International (NASDAQ:DTI) Have A Healthy Balance Sheet?

DTI Has Better Margins And Lower Valuation Than Its Peers

May 15

A Piece Of The Puzzle Missing From Drilling Tools International Corporation's (NASDAQ:DTI) 37% Share Price Climb

Apr 04
A Piece Of The Puzzle Missing From Drilling Tools International Corporation's (NASDAQ:DTI) 37% Share Price Climb

Returns On Capital Are A Standout For Drilling Tools International (NASDAQ:DTI)

Feb 06
Returns On Capital Are A Standout For Drilling Tools International (NASDAQ:DTI)

Drilling Tools International (NASDAQ:DTI) Is Achieving High Returns On Its Capital

Jun 23
Drilling Tools International (NASDAQ:DTI) Is Achieving High Returns On Its Capital

CEO Compensation Analysis

How has R. Prejean's remuneration changed compared to Drilling Tools International's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$8m

Jun 30 2024n/an/a

US$12m

Mar 31 2024n/an/a

US$12m

Dec 31 2023US$3mUS$450k

US$14m

Sep 30 2023n/an/a

US$17m

Jun 30 2023n/an/a

US$20m

Mar 31 2023n/an/a

US$24m

Dec 31 2022US$540kUS$400k

US$20m

Compensation vs Market: R.'s total compensation ($USD2.96M) is above average for companies of similar size in the US market ($USD641.95K).

Compensation vs Earnings: R.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

R. Prejean (62 yo)

1.6yrs

Tenure

US$2,962,750

Compensation

Mr. R. Wayne Prejean serves as Chief Executive Officer, President and Director at Drilling Tools International Corp. (formerly known as Drilling Tools International, Inc.) since June 2023. He serves as a D...


Leadership Team

NamePositionTenureCompensationOwnership
R. Prejean
CEO, President & Director1.6yrsUS$2.96m1.26%
$ 1.5m
David Johnson
Chief Financial Officer11.3yrsUS$824.30k0.13%
$ 157.5k
Michael Domino
President of Directional Tools Rentals Division5yrsUS$635.08k4.24%
$ 5.1m
Ronnie Russo
Founderno datano datano data
David Cotten
Director of Technical Services & QHSEno datano datano data
Aldo Rodriguez
Vice President of Salesno datano data0.70%
$ 837.9k
Jameson Parker
Vice President of Corporate Developmentless than a yearno datano data
Veda Ragsdill
Vice President of Human Resourcesno datano datano data
G. Meier
President of Diamond Products Divisionless than a yearno datano data

1.6yrs

Average Tenure

60.5yo

Average Age

Experienced Management: DTI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
R. Prejean
CEO, President & Director12yrsUS$2.96m1.26%
$ 1.5m
John Furst
Independent Director13yrsUS$60.00k0%
$ 0
Eric Neuman
Independent Director13yrsUS$46.91kno data
Thomas Hicks
Chairman13yrsno data0.63%
$ 752.4k
C. Vermillion
Independent Director9yrsUS$69.50k1.05%
$ 1.3m
Curtis Crofford
Director13yrsno data0.22%
$ 258.8k
Thomas Patterson
Independent Director1.6yrsUS$16.00k0.17%
$ 207.5k

13.0yrs

Average Tenure

65yo

Average Age

Experienced Board: DTI's board of directors are seasoned and experienced ( 13 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 09:35
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Drilling Tools International Corporation is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey GramppAlliance Global Partners
Francis Lloyd ByrneJefferies LLC
Stephen FerazaniSidoti & Company, LLC