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DRQ Stock - Dril Quip Inc.


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Dril Quip Inc. logo

Dril-Quip, Inc., established in 1981 and headquartered in Houston, Texas, is a global leader in the design, manufacturing, sales, and servicing of advanced drilling and production equipment tailored for challenging environments worldwide. The company specializes in providing engineered solutions for deepwater, harsh environment, and severe service applications across the oil and gas industry.

Dril-Quip's extensive product portfolio includes subsea and surface wellheads, production trees, mudline hanger systems, specialty connectors, drilling and production riser systems, liner hangers, wellhead connectors, diverters, safety valves, and a variety of downhole tools. These technologies play a critical role in offshore drilling operations, facilitating exploration and production activities on floating rigs, jack-up rigs, offshore platforms, tension leg platforms, Spars, and moored vessels.

In addition to its comprehensive product offerings, Dril-Quip provides technical advisory services, rework and reconditioning services, and rental and purchase options for running tools used in the installation and retrieval of its equipment. The company's downhole tools, including production packers and safety valves, are integral to casing installation and wellbore sealing processes.

With a global sales network that includes direct sales personnel, independent agents, and representatives, Dril-Quip serves a diverse clientele that includes integrated oil and gas companies, independent operators, national oil companies, drilling contractors, and engineering firms. The company continues to innovate and expand its capabilities to meet the evolving needs of the energy industry, maintaining its reputation for quality, reliability, and technological excellence in offshore drilling and production equipment.

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Stock Sector: Energy: Oil & Gas Equipment & Services

 

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