2017 Press Releases

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05/02/17Dril-Quip Wins Two Spotlight On New Technology Awards For Wellhead System And Connector
HOUSTON, May 2, 2017 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) was presented with two Spotlight on New Technology Awards at the 2017 Offshore Technology Conference (OTC) in Houston on May 1, 2017 for its BigBore-IIeTM Wellhead System and its DXeTM Wellhead Connector. The Spotlight on New Technology Awards showcase new and advanced technologies that are leading the industry into the future. The BigBore-IIe Wellhead System includes an integral 2 million pound high-capacity casing hanger lock... 
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04/27/17Dril-Quip, Inc. Announces Results For First Quarter 2017
HOUSTON, April 27, 2017 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $94.0 thousand, or $0.00 per diluted share, for the three months ended March 31, 2017, versus net income of $36.8 million, or $0.97 per diluted share, for the first quarter of 2016. The first quarter 2017 results were negatively impacted by after-tax severance payments in the amount of $1.3 million, or $0.03 per diluted share, and a net loss from operations of TIW Corporation of $0.9 million, or $0.... 
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03/23/17Dril-Quip, Inc. To Present At Scotia Howard Weil Energy Conference
HOUSTON, March 23, 2017 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that Blake T. DeBerry, President and Chief Executive Officer and Jerry M. Brooks, Vice President of Investor Relations, will deliver a presentation at the 45th Annual Scotia Howard Weil Energy Conference at The Roosevelt New Orleans Hotel on Monday, March 27, 2017.  Their remarks are scheduled to begin at 4:25 p.m. CDT. The presentation slides will be available beginning at the time of the presentation on the ... 
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03/09/17Dril-Quip Announces Appointment Of Jeffrey Bird As Vice President And Chief Financial Officer
HOUSTON, March 9, 2017 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced that it has appointed Jeffrey J. Bird as Vice President and Chief Financial Officer, effective March 13, 2017. Mr. Bird will succeed Jerry M. Brooks, who has accepted the newly created position of Vice President of Investor Relations, effective March 13, 2017.   Mr. Bird, age 50, served as Executive Vice President and Chief Financial Officer of Frank's International, a provider of engineered tubular services t... 
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02/28/17Dril-Quip, Inc. Announces Results For 4th Quarter & Year End 2016
HOUSTON, Feb. 28, 2017 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $1.3 million, or $0.03 per diluted share, for the three months ended December 31, 2016, versus net income of $48.4 million, or $1.28 per diluted share, for the fourth quarter of 2015.  The fourth quarter 2016 results were favorably impacted by an after-tax foreign exchange gain of $2.9 million, or $0.08 per diluted share. In addition, the fourth quarter 2016 results were negatively impacted by the fo... 
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01/06/17Dril-Quip Acquires The Technologies Alliance, Inc. d/b/a OilPatch Technologies
HOUSTON, Jan. 6, 2017 /PRNewswire/ -- Dril-Quip, Inc. (NYSE: DRQ) announced today that it has acquired The Technologies Alliance, Inc. d/b/a OilPatch Technologies (OPT) for approximately $20 million funded with cash on hand, subject to closing adjustments.  Founded in 1990 and based in Houston, Texas, OPT is a provider of offshore riser systems and components, proprietary threaded connections and other products, with a focus on deepwater Spar and TLP Systems.     Blake DeBerry, President and ... 
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