Drilling Tools International Corp. (DTI)
$
2.37
-0.19 (-8.02%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Drilling Tools International Corp. provides essential oilfield equipment and services to the oil and natural gas sectors across North America, Europe, and the Middle East. The company’s stock is identified with the symbol 'DTI' in the market. It offers a variety of products, including downhole desander and filters, non-magnetic and steel drill collars, tubulars, flapper plugs, as well as wellbore conditioning and fraction reduction technologies. The net income ratio is 0.02 reflecting the company’s profitability margin. Furthermore, it provides components like hole openers, roller reamers, and extended reach drilling tools, alongside stabilizers that encompass integral blade, sleeve, and welded blade string designs, plus hard facing tools. The company also reports a cost of revenue of $24,110,000.00 showcasing its production and operational expenses. Among its offerings are stinger valves and sub-assemblies, which include heat-treated steel and non-magnetic metal subs. The weighted average number of diluted shares outstanding is 32,308,179.00 highlighting potential dilution effects. Additionally, Drilling Tools International Corp. supplies handling tools such as elevators, brackets, bail assemblies, slips, tongs, stabbing guides, and safety clamps, as well as blowout preventors and pressure control equipment. The company earned an interest income of $197,000.00 showcasing its financial investments, along with drilling accessories including float valves, ring gauges, tool baskets, lift bails, and ditch magnets. Lastly, it provides services such as downhole inspection, well fence data automation, and compass services, all underscoring its role in enhancing industry efficiency. The stock is affordable at $2.56 suitable for budget-conscious investors. With a market capitalization of $84,354,782.00 the company is classified as a small-cap player, while it belongs to the Energy sector, driving innovation and growth. As a key player in the Oil & Gas Equipment & Services industry, it contributes significantly to the overall market landscape. Moreover, the stock has a low average trading volume of 54,880.00 indicating lower market activity. This combination of affordability and innovation positions Drilling Tools International Corp. as an intriguing option for investors looking for growth opportunities in the energy sector.
Is Drilling Tools International Corp. (DTI) a good investment?
Investing in Drilling Tools International Corp. (DTI) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B-, with a Bearish outlook. Always conduct your own research before investing.
What is Drilling Tools International Corp. (DTI)'s stock forecast?
Analysts predict Drilling Tools International Corp. stock to fluctuate between $2.37 (low) and $6.36 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Drilling Tools International Corp.'s market capitalization?
As of 2025-04-02, Drilling Tools International Corp.'s market cap is $84,354,782, based on 35,592,735 outstanding shares.
How does Drilling Tools International Corp. compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, Drilling Tools International Corp. has a Lower Market-Cap, indicating a difference in performance.
How can I buy Drilling Tools International Corp. (DTI) stock?
To buy Drilling Tools International Corp. (DTI) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for DTI. Place an order (Market, Limit, etc.).
What is the best time to invest in Drilling Tools International Corp.?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
How did Drilling Tools International Corp. perform in the last earnings report?
Revenue: $154,446,000 | EPS: $0.09 | Growth: -86.32%.
Where can I find Drilling Tools International Corp.'s investor relations reports?
Visit https://www.drillingtools.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Drilling Tools International Corp.?
You can explore historical data from here
What is the all-time high and low for Drilling Tools International Corp. stock?
All-time high: $6.36 (2024-07-09) | All-time low: $2.27 (2025-04-02).
What are the key trends affecting Drilling Tools International Corp. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
19 days ago
Drilling Tools International Corporation (NASDAQ:DTI ) Q4 2024 Earnings Conference Call March 14, 2025 10:00 AM ET Company Participants Ken Dennard - IR Wayne Prejean - CEO David Johnson - CFO Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company Sean Mitchell - Daniel Energy Partners Operator Greetings. Welcome to Drilling Tools International's 2024 Year End and Fourth Quarter Earnings Conference Call.
zacks.com
20 days ago
Drilling Tools International Corp. (DTI) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.13 per share a year ago.
prnewswire.com
20 days ago
Expects Continued Growth in 2025 Consolidated Revenue, Adjusted EBITDA and Adjusted Free Cash Flow International Revenue Projected to Grow Significantly in 2025 HOUSTON , March 13, 2025 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today reported results for the twelve months and fourth quarter ended December 31, 2024. For the twelve months of 2024, DTI generated total consolidated revenue of $154.4 million.
prnewswire.com
a month ago
HOUSTON , March 3, 2025 /PRNewswire/ -- Drilling Tools International Corp. (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced its participation in three upcoming investor conferences in March as outlined below. March 5-6, 2025 – DTI will be participating in the 5th Annual Thrive Energy Conference, hosted by Daniel Energy Partners, in Houston.
zacks.com
a month ago
Investors interested in Oil and Gas - Field Services stocks are likely familiar with Drilling Tools International Corp. (DTI) and Archrock Inc. (AROC). But which of these two stocks is more attractive to value investors?
prnewswire.com
a month ago
Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule HOUSTON , Feb. 20, 2025 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today updated its estimated 2024 full year financial outlook. Updated Full Year 2024 Financial Outlook 2024 Revenue to be at the high-end of previously disclosed guidance 2024 Adjusted EBITDA to be near the midpoint of previously disclosed guidance 2024 Adjusted Net Income to be above the high-end of previously disclosed guidance 2024 Adjusted Free Cash Flow to be more than double the prior year period Commenting on the Company's updated 2024 financial outlook, Wayne Prejean, DTI's Chief Executive Officer, stated, "I am pleased with the strong execution by our teams in the fourth quarter to close out 2024 despite a challenging demand environment in our industry.
zacks.com
3 months ago
Drilling Tools International completes the Titan Tools acquisition, enhancing its global footprint and downhole drilling technology.
prnewswire.com
3 months ago
Completed acquisition bolsters DTI's technological capabilities and service offerings, creating a comprehensive solution provider for the global drilling industry HOUSTON , Jan. 2, 2025 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced the successful completion of its previously announced acquisition of Titan Tools Services Ltd. ("Titan"), a UK-based downhole tool rental company.
seekingalpha.com
5 months ago
Drilling Tools International Corporation (NASDAQ:DTI ) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Company Participants Ken Dennard - IR Wayne Prejean - CEO David Johnson - CFO Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company Blake McLean - Daniel Energy Partners Operator Greetings, and welcome to the Drilling Tools International Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
zacks.com
5 months ago
Drilling Tools International Corp. (DTI) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.14 per share a year ago.
See all news
