Dril-Quip (DRQ) 59.86 $DRQ
DRQ Makes Notable Cross Below Critical Moving Average
EnergyStockChannel.com - Wed Jun 01, 10:13AM CDT
In trading on Wednesday, shares of Dril-Quip Inc crossed below their 200 day moving average of $59.87, changing hands as low as $59.43 per share. Dril-Quip Inc shares are currently trading off about 2% on the day.
DRQ: 59.86 (-1.59)
Why Investors Remain Optimistic about These Stocks? - Oil States Intl., Newpark Resources, Dril-Quip, and Emerge Energy Services
PR Newswire - Thu May 19, 7:15AM CDT
Ahead of today's trading session, ActiveWallSt.com features four companies in the Oil and Gas Equipment and Services for investors' review: Oil States International Inc. (NYSE: OIS), Newpark Resources Inc. (NYSE: NR), Dril-Quip Inc. (NYSE: DRQ), and Emerge Energy Services L.P. (NYSE: EMES). Sign up with us and learn how to use our free trading alerts on these stocks by clicking the link below:
EMES: 13.06 (+1.55), OIS: 32.02 (-2.04), DRQ: 59.86 (-1.59), NR: 5.89 (+0.01)
Dril-Quip (DRQ) Disappoints in Q1: Earnings & Revenues Lag
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:28AM CDT
Dril-Quip Inc. (DRQ), the manufacturer of offshore drilling and production equipment, reported first-quarter 2016 adjusted earnings of 83 cents per share, missing the Zacks Consensus Estimate of 85 cents.
SOL: 1.19 (-0.05), BAK: 11.39 (-0.63), SDLP: 5.22 (-0.42), DRQ: 59.86 (-1.59)
Will Weatherford (WFT) Pull a Surprise This Earnings Season?
Zacks Equity Research - Zacks Investment Research - Mon May 02, 5:59PM CDT
Weatherford International Ltd. (WFT) is expected to report first-quarter 2016 earnings on May 5, 2016.
CHK: 4.37 (-0.27), WFT: 5.91 (-0.38), DRQ: 59.86 (-1.59), RDC: 17.75 (-1.80)
Downgrade Alert for Dril-Quip (DRQ)
Comtex SmarTrend(R) - Fri Apr 29, 3:20AM CDT
Dril-Quip (NYSE
RQ) was downgraded from Overweight to Neutral at Piper Jaffray today. The stock closed yesterday at $61.39 on volume of 539,000 shares, above average daily volume of 508,000. Dril-Quip (NYSE RQ) has potential upside of 11.3% based on a current price of $61.39 and analysts' consensus price target of $68.33. Dril-Quip shares have support at the 200-day moving average (MA) of $59.98 and additional support at the 50-day MA of $58.26.
DRQ: 59.86 (-1.59)
Dril-Quip misses Street 1Q forecasts
Automated Insights - Tue Apr 26, 5:11AM CDT
HOUSTON (AP) _ Dril-Quip Inc. (DRQ) on Tuesday reported first-quarter profit of $36.8 million.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. Announces Results For First Quarter 2016
PR Newswire - Tue Apr 26, 5:00AM CDT
Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $36.8 million, or $0.97 per diluted share, for the three months ended March 31, 2016, versus net income of $53.7 million, or $1.38 per diluted share, for the first quarter of 2015. The first quarter 2016 results were favorably impacted by an after-tax foreign exchange gain of $5.4 million, or $0.14 per diluted share, as compared to an after-tax foreign exchange gain of $4.8 million, or $0.12 per diluted share, during the first quarter of 2015. In addition, total revenues were $166.6 million during the quarter ended March 31, 2016 compared to $226.0 million for the same period in 2015.
DRQ: 59.86 (-1.59)
Upgrade Alert for Dril-Quip (DRQ)
Comtex SmarTrend(R) - Thu Apr 21, 3:22AM CDT
Dril-Quip (NYSE RQ) was upgraded from Underweight to Equal Weight at Barclays Capital today. The stock closed yesterday at $61.72 on volume of 566,000 shares, above average daily volume of 548,000. Over the past year, Dril-Quip has traded in a range of $48.88 to $81.78 and closed yesterday at $61.72, 26% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.8%.
DRQ: 59.86 (-1.59)
Watch for Dril-Quip to Potentially Rebound After Falling 1.28% Yesterday
Comtex SmarTrend(R) - Mon Mar 21, 3:44PM CDT
Dril-Quip (NYSE RQ) traded in a range yesterday that spanned from a low of $58.26 to a high of $59.40. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $58.69 on volume of 208,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. To Present At Scotia Howard Weil Energy Conference
PR Newswire - Thu Mar 17, 5:00AM CDT
Dril-Quip, Inc. (NYSE: DRQ) today announced that Blake T. DeBerry, President and Chief Executive Officer and Jerry M. Brooks, Vice President of Finance and Chief Financial Officer, will deliver a presentation at the 44th Annual Scotia Howard Weil Energy Conference at the Roosevelt Hotel in New Orleans on Monday, March 21, 2016. Their remarks are scheduled to begin at 4:10 p.m. CDT.
DRQ: 59.86 (-1.59)
Dril-Quip's Manufacturing Portfolio Strong; Competition a Drag
Zacks Equity Research - Zacks Investment Research - Tue Mar 15, 1:55PM CDT
On Mar 11, 2016, we issued an updated research report on Dril-Quip Inc. (DRQ), a leading drilling and production equipment manufacturer.
SEDG: 19.05 (-0.98), EVA: 22.47 (-0.68), BAK: 11.39 (-0.63), DRQ: 59.86 (-1.59)
National Oilwell Varco CEO Clay Williams Sits Down With The Motley Fool
Tyler Crowe, The Motley Fool - Motley Fool - Sat Jan 23, 8:45AM CST
In 1859, Colonel Edwin Drake completed the first oil well in Titusville, Pennsylvania. This monumental event was the beginning of the oil and gas industry we know today. Within less than three years of Drake's feat, oil drilling equipment...
GE: 29.82 (-1.37), CAM: 66.01 (-1.04), TDY: 95.26 (-5.72), DNOW: 18.27 (-0.93), HAL: 43.92 (-1.92), PDS: 5.10 (-0.32), SDRL: 3.38 (-0.03), SLB: 76.66 (-2.93), NOV: 34.06 (-2.44), RIG: 11.27 (-0.76), EOG: 81.06 (-3.44), DRQ: 59.86 (-1.59), BP: 32.98 (-1.65), FTI: 25.90 (-2.21), CVX: 101.90 (-2.54), BHI: 45.22 (-1.95)
Dril-Quip (DRQ) Backlog Shows Potential Despite Challenges
Zacks Equity Research - Zacks Investment Research - Wed Nov 25, 12:45PM CST
On Nov 24, 2015, we issued an updated research report on Dril-Quip Inc. (DRQ).
BWP: 17.59 (-0.32), SDLP: 5.22 (-0.42), DRQ: 59.86 (-1.59), ETE: 13.83 (-0.52)
Dril-Quip, Inc. To Present At Cowen and Company 5th Annual Ultimate Energy Conference
PR Newswire - Wed Nov 25, 5:00AM CST
Dril-Quip, Inc. (NYSE: DRQ) today announced that Jerry M. Brooks, Vice President and Chief Financial Officer, will deliver a presentation at the Cowen and Company 5th Annual Ultimate Energy Conference at the New York Hilton Midtown in New York, NY on Tuesday, December 1, 2015. His remarks are scheduled to begin at 1:15 p.m. EST / 12:15 p.m. CST.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. Announces Death Of Director
PR Newswire - Fri Nov 20, 3:30PM CST
Dril-Quip, Inc. (NYSE: DRQ) today announced with great sadness that L.H. Dick Robertson, a member of its board of directors since December 2006, passed away on November 18, 2015 following a recent illness.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. To Present At Bank Of America Merrill Lynch 2015 Global Energy Conference
PR Newswire - Thu Nov 05, 5:00AM CST
Dril-Quip, Inc. (NYSE: DRQ) today announced that Jerry M. Brooks, Vice President and Chief Financial Officer, will deliver a presentation at the Bank of America Merrill Lynch 2015 Global Energy Conference in Miami, Florida on Tuesday, November 10, 2015. His remarks are scheduled to begin at 9:00 a.m. EST / 8:00 a.m. CST.
DRQ: 59.86 (-1.59)
Global Subsea Systems Market 2015-2020 by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression)
M2 - Tue Nov 03, 7:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/d7q96g/subsea_systems) has announced the addition of the "Subsea Systems Market by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression), & by Region - Global Trends & Forecast to 2020" report to their offering. Global subsea systems market is projected to reach USD 20.5 Billion by 2020 from an estimated USD 15.9 Billion in 2015 Active players in subsea systems market through recent developments and other strategic market moves include FMC Technologies (U.S.), GE Oil & Gas (U.S.), Aker Solutions (Norway), One Subsea (U.S.), and Kongsberg Oil & Gas Technologies (Norway). Europe leads the subsea systems market with largest estimated market share in 2015 and is projected to continue its dominance till 2020. This growth can be attributed to the offshore reserves in Norway and U.K. Major reforms by both the governments for increasing oil production would provide decent growth for subsea systems market. Majority of subsea compression system projects are in pipeline in the North Sea which would subsequently contribute to the growth of subsea systems market in the region. Subsea systems market report also includes Porter's Five Force model, value chain analysis. In addition, the report also focuses on the competitive landscape for major market players. Key developments have been mapped against the market players involved to determine the growth strategies implemented by key players within the segment. The report presents a comprehensive study of major market drivers, restraints, opportunities, and challenges to understand and evaluate the market. Scope of the Report: The global subsea systems market is analyzed in terms of revenue (USD million) for the following segments: By Subsea Production Technology - SURF (Subsea Umbilicals Risers Flowlines) - Subsea Trees - Subsea Control System - Subsea manifolds By Subsea Processing Technology - Subsea Boosting System - Subsea Separation System - Subsea Injection System - Subsea Compression System Companies Mentioned - ABB Ltd. - Aker Solutions - Dril-Quip Inc. - FMC Technologies - GE Oil & Gas - Kongsberg - National Oilwell Varco - Nexans SA - Oceaneering International, Inc. - Onesubsea - Parker Hannifin Corporation - Siemens AG - Technip - Twister BV - Vallourec For more information visit http://www.researchandmarkets.com/research/d7...ea_systems
ABB: 19.88 (-1.74), OII: 30.32 (-1.70), DRQ: 59.86 (-1.59), FTI: 25.90 (-2.21)
Dril-Quip Beats on Earnings in Q3, Revenues Lag Estimates
Zacks Equity Research - Zacks Investment Research - Mon Nov 02, 8:00AM CST
Dril-Quip Inc. (DRQ) reported third-quarter 2015 adjusted earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.16.
MTRX: 15.77 (-0.69), NGS: 23.37 (-0.76), DRQ: 59.86 (-1.59), PGN: 0.15 (-0.02)
Dril-Quip tops 3Q profit forecasts
Automated Insights - Thu Oct 29, 5:31AM CDT
HOUSTON (AP) _ Dril-Quip Inc. (DRQ) on Thursday reported third-quarter net income of $50.8 million.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. Announces Results For Third Quarter 2015
PR Newswire - Thu Oct 29, 5:00AM CDT
Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $50.8 million, or $1.32 per diluted share, for the three months ended September 30, 2015, versus net income of $55.7 million, or $1.40 per diluted share, for the third quarter of 2014. The third quarter 2015 results were favorably impacted by an after-tax foreign exchange gain of $5.1 million, or $0.13 per diluted share, as compared to an after-tax foreign exchange gain of $3.1 million, or $0.08 per diluted share, during the third quarter of 2014. Total revenues were $201.4 million during the quarter ended September 30, 2015 compared to $241.7 million for the same period in 2014.
DRQ: 59.86 (-1.59)
DRQ Makes Notable Cross Below Critical Moving Average
EnergyStockChannel.com - Wed Jun 01, 10:13AM CDT
In trading on Wednesday, shares of Dril-Quip Inc crossed below their 200 day moving average of $59.87, changing hands as low as $59.43 per share. Dril-Quip Inc shares are currently trading off about 2% on the day.
DRQ: 59.86 (-1.59)
Why Investors Remain Optimistic about These Stocks? - Oil States Intl., Newpark Resources, Dril-Quip, and Emerge Energy Services
PR Newswire - Thu May 19, 7:15AM CDT
Ahead of today's trading session, ActiveWallSt.com features four companies in the Oil and Gas Equipment and Services for investors' review: Oil States International Inc. (NYSE: OIS), Newpark Resources Inc. (NYSE: NR), Dril-Quip Inc. (NYSE: DRQ), and Emerge Energy Services L.P. (NYSE: EMES). Sign up with us and learn how to use our free trading alerts on these stocks by clicking the link below:
EMES: 13.06 (+1.55), OIS: 32.02 (-2.04), DRQ: 59.86 (-1.59), NR: 5.89 (+0.01)
Dril-Quip (DRQ) Disappoints in Q1: Earnings & Revenues Lag
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:28AM CDT
Dril-Quip Inc. (DRQ), the manufacturer of offshore drilling and production equipment, reported first-quarter 2016 adjusted earnings of 83 cents per share, missing the Zacks Consensus Estimate of 85 cents.
SOL: 1.19 (-0.05), BAK: 11.39 (-0.63), SDLP: 5.22 (-0.42), DRQ: 59.86 (-1.59)
Will Weatherford (WFT) Pull a Surprise This Earnings Season?
Zacks Equity Research - Zacks Investment Research - Mon May 02, 5:59PM CDT
Weatherford International Ltd. (WFT) is expected to report first-quarter 2016 earnings on May 5, 2016.
CHK: 4.37 (-0.27), WFT: 5.91 (-0.38), DRQ: 59.86 (-1.59), RDC: 17.75 (-1.80)
Downgrade Alert for Dril-Quip (DRQ)
Comtex SmarTrend(R) - Fri Apr 29, 3:20AM CDT
Dril-Quip (NYSE
RQ) was downgraded from Overweight to Neutral at Piper Jaffray today. The stock closed yesterday at $61.39 on volume of 539,000 shares, above average daily volume of 508,000. Dril-Quip (NYSE RQ) has potential upside of 11.3% based on a current price of $61.39 and analysts' consensus price target of $68.33. Dril-Quip shares have support at the 200-day moving average (MA) of $59.98 and additional support at the 50-day MA of $58.26. DRQ: 59.86 (-1.59)
Dril-Quip misses Street 1Q forecasts
Automated Insights - Tue Apr 26, 5:11AM CDT
HOUSTON (AP) _ Dril-Quip Inc. (DRQ) on Tuesday reported first-quarter profit of $36.8 million.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. Announces Results For First Quarter 2016
PR Newswire - Tue Apr 26, 5:00AM CDT
Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $36.8 million, or $0.97 per diluted share, for the three months ended March 31, 2016, versus net income of $53.7 million, or $1.38 per diluted share, for the first quarter of 2015. The first quarter 2016 results were favorably impacted by an after-tax foreign exchange gain of $5.4 million, or $0.14 per diluted share, as compared to an after-tax foreign exchange gain of $4.8 million, or $0.12 per diluted share, during the first quarter of 2015. In addition, total revenues were $166.6 million during the quarter ended March 31, 2016 compared to $226.0 million for the same period in 2015.
DRQ: 59.86 (-1.59)
Upgrade Alert for Dril-Quip (DRQ)
Comtex SmarTrend(R) - Thu Apr 21, 3:22AM CDT
Dril-Quip (NYSE
RQ) was upgraded from Underweight to Equal Weight at Barclays Capital today. The stock closed yesterday at $61.72 on volume of 566,000 shares, above average daily volume of 548,000. Over the past year, Dril-Quip has traded in a range of $48.88 to $81.78 and closed yesterday at $61.72, 26% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.8%. DRQ: 59.86 (-1.59)
Watch for Dril-Quip to Potentially Rebound After Falling 1.28% Yesterday
Comtex SmarTrend(R) - Mon Mar 21, 3:44PM CDT
Dril-Quip (NYSE
RQ) traded in a range yesterday that spanned from a low of $58.26 to a high of $59.40. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $58.69 on volume of 208,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. DRQ: 59.86 (-1.59)
Dril-Quip, Inc. To Present At Scotia Howard Weil Energy Conference
PR Newswire - Thu Mar 17, 5:00AM CDT
Dril-Quip, Inc. (NYSE: DRQ) today announced that Blake T. DeBerry, President and Chief Executive Officer and Jerry M. Brooks, Vice President of Finance and Chief Financial Officer, will deliver a presentation at the 44th Annual Scotia Howard Weil Energy Conference at the Roosevelt Hotel in New Orleans on Monday, March 21, 2016. Their remarks are scheduled to begin at 4:10 p.m. CDT.
DRQ: 59.86 (-1.59)
Dril-Quip's Manufacturing Portfolio Strong; Competition a Drag
Zacks Equity Research - Zacks Investment Research - Tue Mar 15, 1:55PM CDT
On Mar 11, 2016, we issued an updated research report on Dril-Quip Inc. (DRQ), a leading drilling and production equipment manufacturer.
SEDG: 19.05 (-0.98), EVA: 22.47 (-0.68), BAK: 11.39 (-0.63), DRQ: 59.86 (-1.59)
National Oilwell Varco CEO Clay Williams Sits Down With The Motley Fool
Tyler Crowe, The Motley Fool - Motley Fool - Sat Jan 23, 8:45AM CST
In 1859, Colonel Edwin Drake completed the first oil well in Titusville, Pennsylvania. This monumental event was the beginning of the oil and gas industry we know today. Within less than three years of Drake's feat, oil drilling equipment...
GE: 29.82 (-1.37), CAM: 66.01 (-1.04), TDY: 95.26 (-5.72), DNOW: 18.27 (-0.93), HAL: 43.92 (-1.92), PDS: 5.10 (-0.32), SDRL: 3.38 (-0.03), SLB: 76.66 (-2.93), NOV: 34.06 (-2.44), RIG: 11.27 (-0.76), EOG: 81.06 (-3.44), DRQ: 59.86 (-1.59), BP: 32.98 (-1.65), FTI: 25.90 (-2.21), CVX: 101.90 (-2.54), BHI: 45.22 (-1.95)
Dril-Quip (DRQ) Backlog Shows Potential Despite Challenges
Zacks Equity Research - Zacks Investment Research - Wed Nov 25, 12:45PM CST
On Nov 24, 2015, we issued an updated research report on Dril-Quip Inc. (DRQ).
BWP: 17.59 (-0.32), SDLP: 5.22 (-0.42), DRQ: 59.86 (-1.59), ETE: 13.83 (-0.52)
Dril-Quip, Inc. To Present At Cowen and Company 5th Annual Ultimate Energy Conference
PR Newswire - Wed Nov 25, 5:00AM CST
Dril-Quip, Inc. (NYSE: DRQ) today announced that Jerry M. Brooks, Vice President and Chief Financial Officer, will deliver a presentation at the Cowen and Company 5th Annual Ultimate Energy Conference at the New York Hilton Midtown in New York, NY on Tuesday, December 1, 2015. His remarks are scheduled to begin at 1:15 p.m. EST / 12:15 p.m. CST.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. Announces Death Of Director
PR Newswire - Fri Nov 20, 3:30PM CST
Dril-Quip, Inc. (NYSE: DRQ) today announced with great sadness that L.H. Dick Robertson, a member of its board of directors since December 2006, passed away on November 18, 2015 following a recent illness.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. To Present At Bank Of America Merrill Lynch 2015 Global Energy Conference
PR Newswire - Thu Nov 05, 5:00AM CST
Dril-Quip, Inc. (NYSE: DRQ) today announced that Jerry M. Brooks, Vice President and Chief Financial Officer, will deliver a presentation at the Bank of America Merrill Lynch 2015 Global Energy Conference in Miami, Florida on Tuesday, November 10, 2015. His remarks are scheduled to begin at 9:00 a.m. EST / 8:00 a.m. CST.
DRQ: 59.86 (-1.59)
Global Subsea Systems Market 2015-2020 by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression)
M2 - Tue Nov 03, 7:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/d7q96g/subsea_systems) has announced the addition of the "Subsea Systems Market by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression), & by Region - Global Trends & Forecast to 2020" report to their offering. Global subsea systems market is projected to reach USD 20.5 Billion by 2020 from an estimated USD 15.9 Billion in 2015 Active players in subsea systems market through recent developments and other strategic market moves include FMC Technologies (U.S.), GE Oil & Gas (U.S.), Aker Solutions (Norway), One Subsea (U.S.), and Kongsberg Oil & Gas Technologies (Norway). Europe leads the subsea systems market with largest estimated market share in 2015 and is projected to continue its dominance till 2020. This growth can be attributed to the offshore reserves in Norway and U.K. Major reforms by both the governments for increasing oil production would provide decent growth for subsea systems market. Majority of subsea compression system projects are in pipeline in the North Sea which would subsequently contribute to the growth of subsea systems market in the region. Subsea systems market report also includes Porter's Five Force model, value chain analysis. In addition, the report also focuses on the competitive landscape for major market players. Key developments have been mapped against the market players involved to determine the growth strategies implemented by key players within the segment. The report presents a comprehensive study of major market drivers, restraints, opportunities, and challenges to understand and evaluate the market. Scope of the Report: The global subsea systems market is analyzed in terms of revenue (USD million) for the following segments: By Subsea Production Technology - SURF (Subsea Umbilicals Risers Flowlines) - Subsea Trees - Subsea Control System - Subsea manifolds By Subsea Processing Technology - Subsea Boosting System - Subsea Separation System - Subsea Injection System - Subsea Compression System Companies Mentioned - ABB Ltd. - Aker Solutions - Dril-Quip Inc. - FMC Technologies - GE Oil & Gas - Kongsberg - National Oilwell Varco - Nexans SA - Oceaneering International, Inc. - Onesubsea - Parker Hannifin Corporation - Siemens AG - Technip - Twister BV - Vallourec For more information visit http://www.researchandmarkets.com/research/d7...ea_systems
ABB: 19.88 (-1.74), OII: 30.32 (-1.70), DRQ: 59.86 (-1.59), FTI: 25.90 (-2.21)
Dril-Quip Beats on Earnings in Q3, Revenues Lag Estimates
Zacks Equity Research - Zacks Investment Research - Mon Nov 02, 8:00AM CST
Dril-Quip Inc. (DRQ) reported third-quarter 2015 adjusted earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.16.
MTRX: 15.77 (-0.69), NGS: 23.37 (-0.76), DRQ: 59.86 (-1.59), PGN: 0.15 (-0.02)
Dril-Quip tops 3Q profit forecasts
Automated Insights - Thu Oct 29, 5:31AM CDT
HOUSTON (AP) _ Dril-Quip Inc. (DRQ) on Thursday reported third-quarter net income of $50.8 million.
DRQ: 59.86 (-1.59)
Dril-Quip, Inc. Announces Results For Third Quarter 2015
PR Newswire - Thu Oct 29, 5:00AM CDT
Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $50.8 million, or $1.32 per diluted share, for the three months ended September 30, 2015, versus net income of $55.7 million, or $1.40 per diluted share, for the third quarter of 2014. The third quarter 2015 results were favorably impacted by an after-tax foreign exchange gain of $5.1 million, or $0.13 per diluted share, as compared to an after-tax foreign exchange gain of $3.1 million, or $0.08 per diluted share, during the third quarter of 2014. Total revenues were $201.4 million during the quarter ended September 30, 2015 compared to $241.7 million for the same period in 2014.
DRQ: 59.86 (-1.59)
