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Dril-Quip, Inc. (DRQ)

NYSE - NYSE Delayed Price. Currency in USD
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18.69+0.56 (+3.09%)
At close: 04:00PM EDT
18.69 0.00 (0.00%)
After hours: 06:03PM EDT

Dril-Quip, Inc.

Two BriarLake Plaza
Suite 1100 2050 West Sam Houston Parkway S.
Houston, TX 77042
United States
713 939 7711
https://www.dril-quip.com

Sector(s)Energy
IndustryOil & Gas Equipment & Services
Full Time Employees1,659

Key Executives

NameTitlePayExercisedYear Born
Mr. Jeffrey J. BirdPresident, CEO & Director1.13MN/A1967
Mr. Kyle F. McClureVP & CFO698.89kN/A1975
Mr. James C. WebsterVP, General Counsel & Secretary637.14kN/A1970
Mr. Donald M. UnderwoodVice President of Subsea Products485.7kN/A1960
Mr. John MossopVice President of Technology & Energy TransitionN/AN/AN/A
Ms. Erin FazioDirector of Corporate Development, Investor Relations & FP&AN/AN/AN/A
Mr. Mahesh R. PuducheriVice President & Chief Human Resources OfficerN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for offshore and onshore applications worldwide. The company's principal products include subsea and surface wellheads, specialty connectors and associated pipes, subsea production trees and systems, mudline hanger systems, production riser systems, dry tree systems, subsea manifolds, line hangers and expandable liner systems, multi-frac well connections, conventional wellheads, thermal wellheads, completion packers, and safety and kelly valves; and rig equipment comprises drilling riser systems, wellhead connectors, diverters, and cement manifolds. It also provides technical advisory assistance, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; equipment installation and monitoring, storage, maintenance, and repair services; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company's products are used in the exploration and production of oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, Spars, and moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling and other oilfield contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.

Corporate Governance

Dril-Quip, Inc.’s ISS Governance QualityScore as of May 1, 2024 is 3. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 5; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.