Latest Dril-Quip Inc News and Updates
The Top 5 Oilfield Companies by Net Debt-To-Equity Ratio
In this series, we’ll analyze the top five OFS (oilfield equipment and service) companies by net debt-to-equity ratio in fiscal 2017.
Analysts’ Recommendations for RES, DRQ, WFT, PTEN, and FTK
Approximately 79% of the Wall Street analysts tracking Patterson-UTI Energy (PTEN) have recommended a “buy” or some equivalent as of May 15.
What Analysts Recommend for TechnipFMC after Q2 Earnings
As of July 25, the day TechnipFMC released its Q2 2018 earnings, approximately 67% of Wall Street analysts tracking TechnipFMC rated it a “buy” or some equivalent.
Will Weatherford International’s EBITDA Margin Change in Q2 2018?
From Q1 2017 to Q1 2018, Weatherford International’s (WFT) EBITDA margin increased from 6.2% to 10.6%.
Oilfield Services Gainers This Week: AROC, OII, DRQ, TTI, CRR
From June 18–20, Archrock (AROC) was at the top of the list of gainers in the oilfield services group.
Analysts’ Views on the Lowest Net Debt-To-Equity Oilfield Stocks
Of the analysts tracking Baker Hughes, a GE company (BHGE), on April 10, 2018, ~47% recommended “buy” or some equivalent and ~53% recommended “hold.”
A Look at the Top Oilfield Services Gainers So Far This Week
In the week starting March 5, 2018, Superior Energy Services (SPN) is the top gainer in the oilfield services group.
Oilfield Services Gainers: FTK, FTI, DRQ, RES, and NOV
In the week starting November 27, 2017, Flotek Industries (FTK) is at the top of the list of gainers from the oilfield services group.
Who Were the Biggest Oilfield Services Gainers Last Week?
In the week ending September 8, 2017, Carbo Ceramics (CRR) was at the top of the list of gainers from the oilfield services group.
Understanding Mid-Cap OFS Companies’ Correlations with Crude Oil
The correlation coefficient between Weatherford International’s stock price and crude from June 2015 to now is the lowest among our four OFS companies.
A Comparative Valuation of Four Representative OFS Mid-Caps in 2Q16
Dril-Quip’s EV, when scaled by TTM adjusted EBITDA is the lowest in our group of four OFS companies after 1Q16.
Could Patterson-UTI Energy Violate Debt Covenants in 2Q16?
As of March 31, 2016, Patterson-UTI Energy had a $65 million debt under a senior unsecured term loan.
Why Did FMC Technologies’ 1Q16 Earnings Miss Estimates?
FMC Technologies released its 1Q16 results on April 26, 2016. It recorded total revenue of ~$1.2 billion, a fall of ~29% from $1.7 billion in 1Q15.
What Can We Assume from Forum Energy Technologies’ Indebtedness?
Forum Energy’s net debt-to-TTM-EBITDA ratio decreased gradually from fiscal 3Q13 to F3Q14. During this period, total debt decreased 21%, and cash and marketable securities more than doubled.
Which US Shales Are Expected to See Crude Oil Production Drop?
The EIA expects aggregate crude oil production at the seven key shales to fall 3.3% by March 2016 compared to January 2016 levels.
Key US Shales to Witness Lower Crude Oil Production by November
The EIA expects crude oil production to slow down at most of the key US shales by November. It expects production to fall at five key shales and rise at two others in October.
Key Shale Crude Oil Production to Fall in August, Says EIA
According to its Drilling Productivity Report released on July 13, 2015, the EIA expects key shale crude oil production to decrease at four key shales in August and increase at three others.