Drilling Tools International (DTI)
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Drilling Tools International (DTI) - 2024 Q1 - Quarterly Report
2024-05-15 19:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) | Delaware | 87-2488708 | | --- | --- | | (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | | 3701 Briarpark Drive | | | Suite 150 | | | Houston, Texas | 77042 | | (Address of principal executive offices) | (Zip Code) | | Registrant's telephone number, including area code: (832) 742-8500 | | Securities registered pursuant to Section 12(b) of the Act: | | Trading | ...
DTI Has Better Margins And Lower Valuation Than Its Peers
Seeking Alpha· 2024-05-15 14:33
The main reason DTI went public was to take advantage of the consolidation opportunity exist in the E&P sector. Therefore, the main driver for DTI's growth is expected to be M&A. The stated goal is to use this strategy and double or even triple the size of DTI in the coming years. sasacvetkovic33 Investment Thesis Drilling Tools International (NASDAQ:DTI) aims to grow by following buy-and-build strategy. The business has better margins compared to its peers, higher return on invested capital, and lower valu ...
Drilling Tools International Corp. Announces Upcoming Investor Conference Schedule
Prnewswire· 2024-05-13 20:15
About Drilling Tools International Corp. DTI is a Houston, Texas based leading oilfield services company that manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. With roots dating back to 1984, DTI now operates from 16 service and support centers across North America and maintains 7 international service and support centers across Europe and the Middle East. To learn more about DTI, please visit: www.drillingtools.com. Contact: DTI Investo ...
Drilling Tools International (DTI) - 2024 Q1 - Earnings Call Transcript
2024-05-11 00:23
Drilling Tools International Corporation (NASDAQ:DTI) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Ken Dennard - Investor Relations Wayne Prejean - Chief Executive Officer David Johnson - Chief Financial Officer Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company John Daniel - Daniel Energy Operator Greetings and welcome to the Drilling Tools International 2024 First Quarter Earnings Conference Call. At this time, all partic ...
Drilling Tools International (DTI) - 2024 Q1 - Earnings Call Presentation
2024-05-10 23:58
0 5 10 15 20 25 30 35 Q1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024 Millions of Feet E&P Capital Spending Historical Feet Drilled(3) (4) Poised for continued organic and inorganic growth | --- | --- | --- | --- | |--------------------------------|-----------|-------|----------| | Revenue | $170,000 | - | $185,000 | | Adjusted EBITDA (1) | $50,000 - | | $58,500 | | Adjusted Net Income (1) | $15,600 | - | $21,900 | ...
Drilling Tools International (DTI) - 2024 Q1 - Quarterly Results
2024-05-10 00:58
Exhibit 99.1 News Release Drilling Tools International Corp. Reports 2024 First Quarter Results Company Reaf irms 2024 Outlook HOUSTON — May 9, 2024 — 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, ...
Drilling Tools International Corp. Announces 2024 First Quarter Earnings Release and Conference Call Schedule
Prnewswire· 2024-04-25 20:15
HOUSTON, April 25, 2024 /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 that it plans to report 2024 first quarter financial results prior to the Company's live confer ...
Drilling Tools International (DTI) - 2023 Q4 - Earnings Call Transcript
2024-03-28 19:16
Drilling Tools International Corp. (NASDAQ:DTI) Q4 2023 Results Conference Call March 28, 2024 11:00 AM ET Company Participants Ken Denard - IR Wayne Prejean - CEO David Johnson - CFO Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company John Daniel - Daniel Energy Partners Operator Greetings and welcome to the Drilling Tools International 2023 and Fourth Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded ...
Drilling Tools International (DTI) - 2023 Q4 - Annual Report
2024-03-28 15:54
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-41103 DRILLING TOOLS INTERNATIONAL CORPORATION (Exact name of Registrant as specified in its Charter) Delaware 87-2488708 (State or o ...
Drilling Tools International (DTI) - 2023 Q4 - Annual Results
2024-03-27 20:21
Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Drilling Tools International Provides Preliminary Estimates of 2023 Full Year Results Company announces 2023 year end conference call for March 28, 2024 HOUSTON — March 7, 2024 — Drilling Tools International Corp., (NASDAQ: DTI) (“DTI” or the “Company”), a global oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, today provid ...