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Dril-Quip Inc (DRQ) - Financial and Strategic SWOT Analysis Review

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    SWOT Analysis

  • 60 Pages
  • May 2024
  • GlobalData
  • ID: 2523196
Dril-Quip Inc (DRQ) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by the analyst to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Dril-Quip Inc (Dril-Quip) is a company that specializes in the design and manufacture of offshore drilling and production equipment. The company's primary focus is on creating equipment suitable for deepwater, harsh environment, and severe service applications. Dril-Quip's product portfolio includes subsea and surface wellheads, mudline hangers, subsea and surface production trees, specialty connectors, and associated pipe, drilling and production riser systems, wellhead connectors, and diverters. The company's products and services are primarily used by oil and gas companies and drilling contractors. The company also offers rework and reconditioning services, technical advisory services, and rents running tools to its customers. It operates manufacturing facilities in the US, Brazil, the UK, and Singapore, catering to a global market. Dril-Quip is headquartered in Houston, Texas, the US.

Dril-Quip Inc Key Recent Developments

  • Mar 19, 2024: Dril-Quip, Innovex to merge in all-stock deal
  • Feb 22, 2024: DRIL-QUIP Secures Key Role in Woodside Trion Development Offshore Mexico with BigBore(TM) IIe Subsea Wellhead Systems
  • Nov 16, 2023: DRIL-QUIP will be a Supplier for Petrobras Pre-Salt Development Wells Project
  • Oct 26, 2023: Dril-Quip Announces Third Quarter 2023 Results

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • Dril-Quip Inc - Key Facts
  • Dril-Quip Inc - Key Employees
  • Dril-Quip Inc - Key Employee Biographies
  • Dril-Quip Inc - Major Products and Services
  • Dril-Quip Inc - History
  • Dril-Quip Inc - Company Statement
  • Dril-Quip Inc - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
Section 2 - Company Analysis
  • Company Overview
  • Dril-Quip Inc - Business Description
  • Business Segment: Subsea Products
  • Overview
  • Performance
  • Business Segment: Subsea Services
  • Overview
  • Performance
  • Business Segment: Well Construction
  • Overview
  • Performance
  • Dril-Quip Inc - Corporate Strategy
  • Dril-Quip Inc - SWOT Analysis
  • SWOT Analysis - Overview
  • Dril-Quip Inc - Strengths
  • Dril-Quip Inc - Weaknesses
  • Dril-Quip Inc - Opportunities
  • Dril-Quip Inc - Threats
  • Dril-Quip Inc - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
Section 4 - Company’s Power, Oil & Gas Financial Deals and Alliances
  • Dril-Quip Inc, Oil & Gas, Deals By Year, 2018 to YTD 2024
  • Dril-Quip Inc, Oil & Gas, Deals By Type, 2018 to YTD 2024
  • Dril-Quip Inc, Recent Deals Summary
Section 5 - Company’s Recent Developments
  • Mar 19, 2024: Dril-Quip, Innovex to merge in all-stock deal
  • Feb 22, 2024: DRIL-QUIP Secures Key Role in Woodside Trion Development Offshore Mexico with BigBore(TM) IIe Subsea Wellhead Systems
  • Nov 16, 2023: DRIL-QUIP will be a Supplier for Petrobras Pre-Salt Development Wells Project
  • Oct 26, 2023: Dril-Quip Announces Third Quarter 2023 Results
  • Jul 31, 2023: Dril-Quip Announces Second Quarter 2023 Results
  • Jun 07, 2023: Dril-Quip announces successful installation of BigBore(TM) IIe wellhead system for Petrobras Exploratory Project in the Santos Basin
  • Apr 21, 2023: Dril-Quip announces successful installation of HorizontalBore(TM) subsea trees at Woodside Shenzi North
  • Feb 27, 2023: Dril-Quip Announces Fourth Quarter and Full Year 2022 Results
  • Feb 23, 2023: Dril-Quip Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
Section 6 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Analyst
  • Contact the Publisher
  • Disclaimer
List of Tables
  • Dril-Quip Inc, Key Facts
  • Dril-Quip Inc, Key Employees
  • Dril-Quip Inc, Key Employee Biographies
  • Dril-Quip Inc, Major Products and Services
  • Dril-Quip Inc, History
  • Dril-Quip Inc, Subsidiaries
  • Dril-Quip Inc, Key Competitors
  • Dril-Quip Inc, Ratios based on current share price
  • Dril-Quip Inc, Annual Ratios
  • Dril-Quip Inc, Interim Ratios
  • Dril-Quip Inc, Oil & Gas, Deals By Year, 2018 to YTD 2024
  • Dril-Quip Inc, Oil & Gas, Deals By Type, 2018 to YTD 2024
  • Dril-Quip Inc, Recent Deals Summary
  • Currency Codes
  • Units
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • Dril-Quip Inc, Performance Chart (2019 - 2023)
  • Dril-Quip Inc, Ratio Charts
  • Dril-Quip Inc, Oil & Gas, Deals By Year, 2018 to YTD 2024
  • Dril-Quip Inc, Oil & Gas, Deals by Type, 2018 to YTD 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Halliburton Energy Services Inc
  • Baker Hughes Co
  • Weatherford International Plc
  • Aker Solutions ASA
  • TechnipFMC Plc
  • NOV Inc
  • Schlumberger Ltd
  • OneSubsea LLC