Dril-Quip (DRQ) Stock Analysis

What Dril-Quip does

Dril-Quip, Inc., headquartered in Houston, Texas, and founded in 1981, specializes in the design, fabrication, sale, and servicing of advanced drilling and production equipment. Their solutions are engineered for demanding global applications, particularly in deepwater, harsh environments, and severe service conditions. The company's diverse product range encompasses critical components such as subsea and surface wellheads, production trees for both subsea and surface installations, mudline hanger systems, specialized connectors and associated piping, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves. Additionally, they offer various downhole tools, including liner hangers, production packers, and safety valves, which are vital for suspending and sealing casing strings within a wellbore. Beyond manufacturing, Dril-Quip provides essential services like technical advisory, equipment rework and reconditioning, and the rental or sale of running tools necessary for the installation and retrieval of their products. Their equipment plays a crucial role in offshore oil and gas exploration, being deployed on a variety of drilling rigs such as floating and jack-up rigs. It also facilitates the drilling and production of oil and gas wells on numerous offshore installations, including fixed platforms, tension leg platforms, Spars, and moored vessels like floating production, storage, and offloading (FPSO) units. Dril-Quip markets its offerings globally through its direct sales force, independent agents, and representatives. Their clientele includes a wide array of industry participants, such as integrated, independent, and foreign national oil and gas companies, as well as drilling contractors and engineering and construction firms.

Key metrics

ETFs linked to DRQ

Broad-market and Energy sector ETFs an investor holding Dril-Quip is often also exposed to. Open an ETF page to see its actual top holdings.

PortView Portfolio Insights

PortView analyzes how DRQ fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Similar companies

Frequently asked questions

What is the ticker symbol for Dril-Quip?

Dril-Quip trades under the ticker DRQ on NYSE.

Which exchange is DRQ listed on?

DRQ is listed on NYSE.

What sector does Dril-Quip operate in?

Dril-Quip is classified in the Energy sector (Oil & Gas Equipment & Services industry).

How can PortView help analyze DRQ in a portfolio?

PortView shows DRQ's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.