|Bid||25.25 x 800|
|Ask||25.26 x 1300|
|Day's Range||25.08 - 25.53|
|52 Week Range||19.10 - 35.95|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||70.12|
|Earnings Date||Jul 26, 2023 - Jul 31, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.67|
Dril-Quip, Inc.'s ( NYSE:DRQ ) price-to-sales (or "P/S") ratio of 2.3x may not look like an appealing investment...
Dril-Quip, Inc. (NYSE:DRQ), (the "Company" or "Dril-Quip"), announced today the successful installation of its 18 3/4" BigBore™ IIe wellhead system for the Petrobras Exploratory project in the Aram Block of the Santos Basin, in 2002-meter water depth. The BigBore™ IIe wellhead system is the newest and most advanced standard system for Dril-Quip, with sealing technology qualified to the latest Petrobras standards.
Dril-Quip (DRQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Although the OPEC+ announcement was unable to prop up oil prices, investors could look at Buy-ranked stocks like NOW Inc., (DNOW)), Murphy USA (MUSA) and Dril-Quip (DRQ).
Shell's (SHEL) division, along with Idekapital, invests $90 million in Kongsberg Digital, an industrial software firm.
NOW, Murphy USA and Dril-Quip are part of the Zacks top Analyst Blog.
Some oil-related stocks that could benefit in the current environment include NOW Inc. (DNOW), Murphy USA (MUSA) and Dril-Quip, Inc. (DRQ).
SLB is confident its overall operations will continue to grow, banking on its technology differentiation and integration capability.
Eni (E) and Sonangol sign a Memorandum of Understanding to cooperate in their shared objective of deploying greener resources as part of their decarbonization strategy.
For 2023, Antero Midstream (AM) expects a net income of $355-$395 million, indicating an increase from $326.2 million reported in 2022.
BP is about to complete drilling the exploration well, which is in licenses 873 and 442 in the Yggdrasil area.
Equinor (EQNR) and Johan Sverdrup field partners, following a capacity test, verify an oil production increase for the North Sea field of up to 755,000 barrels per day.
Apart from accelerating the reduction of its debt load, EQT Corp (EQT) is focused on generating strong free cash flows and rewarding its shareholders.
An increase in refinery throughput volumes aid Eni's (E) earnings in Q1.
Shell (SHEL) agrees to pay around $10 million penalty for numerous air permit violations at its petrochemical facility in Beaver County, PA.
Some oil-related stocks that could benefit in the current environment include NOW Inc. (DNOW), Murphy USA (MUSA) and Dril-Quip (DRQ).
Equinor (EQNR) fails to see a way ahead to deliver on its original plan of having an operational wind farm well before 2030.
Shell's (SHEL) AGM gets disrupted by climate activist group Follow This, in an effort to limit the production of fossil fuels. Shareholders, however, back the board.
ExxonMobil's (XOM) divested assets involve about 62,000 net acres in Williston Basin within and adjacent to near-term development program.
Chevron (CVX) reveals that its flagship Gorgon plant in Australia was launched six years ago, but just one-third of its capacity was utilized due to operational concerns.
ExxonMobil (XOM) acquires 120,000 gross acres in the Smackover formation of southern Arkansas for more than $100 million from Galvanic Energy.
Shell (SHEL) and SparkCognition announce a collaboration intended to use Generative AI technology to quicken the pace of oil and gas exploration.
It would be prudent to wait for a better entry point as the timing is still not right for investors to hit the Buy button on Transocean (RIG).
The acquisition will add to Northern Oil and Gas' (NOG) Permian Basin position and is expected to be immediately accretive to multiple metrics.
ProPetro Holding (PUMP) expects the repurchase program to be funded by the company's cash on hand and future cash generated from operations.