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Corporate Profile
Dril-Quip, Inc. manufactures offshore drilling and production equipment, which is well suited for use in deepwater, harsh environment and severe service applications. The company's principal products consist of subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, wellhead connector and diverters for use by major integrated, large independent and foreign national oil and gas companies in offshore areas throughout the world. Dril-Quip also provides installation and reconditioning services and rents running tools for use in connection with the installation and retrieval of its products. The company's activities are within a single industry segment. The company has four subsidiaries that manufacture and market the company's products abroad. Dril-Quip (Europe) Limited is located in Aberdeen, Scotland, with branches in Norway, Holland, and Denmark. Dril-Quip Asia Pacific PTE Ltd. is located in Singapore. DQ Holdings PTY Ltd. is located in Perth, Australia and Dril-Quip do Brasil Ltda. is located in Macae, Brazil.
Recent Press ReleasesMore >>
06/12/14Dril-Quip Announces Stock Repurchase Program
HOUSTON, June 12, 2014 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that its Board of Directors has authorized a stock repurchase program under which the Company can repurchase up to $100 million of its common stock. The repurchase program has no set expiration date. Repurchases under the program will be made through open market purchases, privately negotiated transactions or plans, instructions or contracts established under Rule 10b5-1 under the Securities Exchange Act of 1934. ... 
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05/09/14Dril-Quip, Inc. Announces Results For First Quarter 2014
HOUSTON, May 9, 2014 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $42.6 million, or $1.04 per diluted share for the three months ended March 31, 2014, versus net income of $39.8 million, or $0.98 per diluted share for the first quarter of 2013. Total revenues were $204.1 million during the quarter ended March 31, 2014 compared to $193.2 million for the same period in 2013. The first quarter 2014 results were unfavorably impacted by the Company's inability to recogniz... 
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03/20/14Dril-Quip, Inc. To Present At Howard Weil Energy Conference
HOUSTON, March 20, 2014 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that Blake T. DeBerry, President and Chief Executive Officer and Jerry M. Brooks, Vice President and Chief Financial Officer, will deliver a presentation at the 42nd Annual Howard Weil Energy Conference at the Roosevelt Hotel in New Orleans on Monday, March 24, 2014.  Their remarks are scheduled to begin at 2:30 p.m. CDT. The presentation slides will be available beginning at the time of the presentation on th... 
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03/17/14Dril-Quip Awarded Contract For The Supply Of Subsea Completion Systems
HOUSTON, March 17, 2014 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary serving the North Sea, Europe and Africa regions, has been awarded a contract valued at approximately $110 million, based on current exchange rates, to supply subsea completion systems and related services for an FPSO development project.       In accordance with the contract, Dril-Quip will provide subsea wellhead systems, subsea production and inj... 
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Download Documentation 2013 Annual Report
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DRQ (Common Stock)
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Change (%) Stock is Up 0.75 (0.71%)
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