2016 Press Releases

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07/29/16Dril-Quip Announces Results For 2nd Quarter 2016 And Stock Repurchase Program
HOUSTON, July 29, 2016 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $36.1 million, or $0.96 per diluted share, for the three months ended June 30, 2016, versus net income of $39.2 million, or $1.01 per diluted share, for the second quarter of 2015. The second quarter 2016 results were favorably impacted by an after-tax foreign exchange gain of $12.1 million, or $0.32 per diluted share, as compared to an after-tax foreign exchange loss of $8.8 million, or $0.23 per di... 
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07/12/16Dril-Quip Awarded $40 Million Contract For The Supply Of Equipment And Services
HOUSTON, July 12, 2016 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that its wholly owned subsidiary Dril-Quip Asia Pacific Pte Ltd, in conjunction with its local representative, was awarded a contract in late June valued at approximately $40 million to supply subsea drilling and production equipment and related services to Kangean Energy Indonesia Ltd., a contractor for SKK Migas, for the development of its Terang/Sirasun/Batur gas fields project located offshore Indonesia.      ... 
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06/24/16Dril-Quip, Inc. To Present At J.P. Morgan Inaugural Energy Equity Conference
HOUSTON, June 24, 2016 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that Jerry M. Brooks, Vice President of Finance and Chief Financial Officer, will deliver a presentation at the J.P. Morgan Inaugural Energy Equity Conference at the Waldorf Astoria Hotel in New York City on Monday, June 27, 2016.  His remarks are scheduled to begin at 9:20 a.m. EDT. The presentation slides will be available beginning at the time of the presentation on the Company's website at www.dril-quip.com... 
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04/26/16Dril-Quip, Inc. Announces Results For First Quarter 2016
HOUSTON, April 26, 2016 /PRNewswire/ -- 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 dil... 
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03/17/16Dril-Quip, Inc. To Present At Scotia Howard Weil Energy Conference
HOUSTON, March 17, 2016 /PRNewswire/ -- 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. The presentation slides will be available beginning at the time of the p... 
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02/25/16Dril-Quip, Inc. Announces Results For 4th Quarter & Year End 2015
HOUSTON, Feb. 25, 2016 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $48.4 million, or $1.28 per diluted share, for the three months ended December 31, 2015, versus net income of $59.1 million, or $1.50 per diluted share, for the fourth quarter of 2014.  The fourth quarter 2015 results were favorably impacted by an after-tax foreign exchange gain of $3.1 million, or $0.08 per diluted share, as compared to an after-tax foreign exchange gain of $2.6 million, or $0.07 pe... 
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02/11/16Dril-Quip To Establish Singapore R&D Facility
HOUSTON, Feb. 11, 2016 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that it is establishing a research and development facility in Singapore focusing on materials and products suitable for high pressure and high temperature (HPHT) applications.  The new facility, which is expected to open in 2017, will serve as an additional hub for research and development activities for the Company.  The capital investment in this facility is expected to be approximately US$15 million. "Dril-... 
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