Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Dril-Quip's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DRQ's share price has been volatile over the past 3 months.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: DRQ underperformed the US Energy Services industry which returned -49.6% over the past year.
Return vs Market: DRQ underperformed the US Market which returned 12.9% over the past year.
Price Volatility Vs. Market
How volatile is Dril-Quip's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StRead This Before Buying Dril-Quip, Inc. (NYSE:DRQ) Shares
1 month ago | Simply Wall StHow Much Is Dril-Quip's (NYSE:DRQ) CEO Getting Paid?
2 months ago | Simply Wall StDril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Is Dril-Quip undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DRQ ($24.99) is trading above our estimate of fair value ($2.8)
Significantly Below Fair Value: DRQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DRQ is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: DRQ is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRQ is overvalued based on its PB Ratio (0.9x) compared to the US Energy Services industry average (0.5x).
How is Dril-Quip forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DRQ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: DRQ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DRQ's is expected to become profitable in the next 3 years.
Revenue vs Market: DRQ's revenue (5.5% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: DRQ's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DRQ's Return on Equity is forecast to be low in 3 years time (1.1%).
How has Dril-Quip performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRQ is currently unprofitable.
Growing Profit Margin: DRQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DRQ is unprofitable, and losses have increased over the past 5 years at a rate of 61.7% per year.
Accelerating Growth: Unable to compare DRQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DRQ is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-59.5%).
Return on Equity
High ROE: DRQ has a negative Return on Equity (-2.73%), as it is currently unprofitable.
How is Dril-Quip's financial position?
Financial Position Analysis
Short Term Liabilities: DRQ's short term assets ($848.2M) exceed its short term liabilities ($113.7M).
Long Term Liabilities: DRQ's short term assets ($848.2M) exceed its long term liabilities ($18.6M).
Debt to Equity History and Analysis
Debt Level: DRQ is debt free.
Reducing Debt: DRQ has not had any debt for past 5 years.
Debt Coverage: DRQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRQ has no debt, therefore coverage of interest payments is not a concern.
What is Dril-Quip current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DRQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DRQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DRQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DRQ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DRQ's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Blake DeBerry (60 yo)
Mr. Blake T. DeBerry has been the Chief Executive Officer of Dril-Quip, Inc. since October 2011. He served as President at Dril-Quip, Inc. since October 2011 until May 14, 2020. Mr. DeBerry served as Senio ...
CEO Compensation Analysis
Compensation vs Market: Blake's total compensation ($USD4.39M) is above average for companies of similar size in the US market ($USD2.96M).
Compensation vs Earnings: Blake's compensation has increased whilst the company is unprofitable.
|CEO & Director||8.92yrs||US$4.39m||0.54% |
|President & COO||0.33yr||US$2.85m||0.21% |
|CFO & VP||0.33yr||US$938.90k||0.056% |
|VP, General Counsel & Secretary||9.58yrs||US$1.67m||0.14% |
|Director of Investor Relations & Corporate Planning||no data||no data||no data|
Experienced Management: DRQ's management team is considered experienced (4.6 years average tenure).
|CEO & Director||8.92yrs||US$4.39m||0.54% |
|Independent Director||17.58yrs||US$246.18k||0.056% |
|Independent Chairman of the Board||8.92yrs||US$336.13k||0.12% |
|Independent Director||7.83yrs||US$250.51k||0.085% |
|Independent Director||5.08yrs||US$239.30k||0.065% |
|Independent Director||1yr||US$160.83k||0.013% |
Experienced Board: DRQ's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dril-Quip, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Dril-Quip, Inc.
- Ticker: DRQ
- Exchange: NYSE
- Founded: 1981
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$876.997m
- Shares outstanding: 35.09m
- Website: https://www.dril-quip.com
Number of Employees
- Dril-Quip, Inc.
- 6401 North Eldridge Parkway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DRQ||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1997|
|DQU||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1997|
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe servic ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 06:15|
|End of Day Share Price||2020/09/21 00:00|
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.