Energy -
Oil & Gas Equipment & Services - NASDAQ - US
$ 3.04
1.27 %
$ 108 M
Market Cap
-39.93
P/E
1. INTRINSIC VALUE
Balance Sheet
Drilling Tools International Corp.
| Current Assets | 68.1 M |
| Cash & Short-Term Investments | 6.18 M |
| Receivables | 40.5 M |
| Other Current Assets | 21.4 M |
| Non-Current Assets | 154 M |
| Long-Term Investments | 0 |
| PP&E | 98.3 M |
| Other Non-Current Assets | 56.1 M |
| Current Liabilities | 31 M |
| Accounts Payable | 12 M |
| Short-Term Debt | 15.2 M |
| Other Current Liabilities | 3.74 M |
| Non-Current Liabilities | 71.5 M |
| Long-Term Debt | 46.8 M |
| Other Non-Current Liabilities | 24.7 M |
EFFICIENCY
Earnings Waterfall
Drilling Tools International Corp.
| Revenue | 154 M |
| Cost Of Revenue | 24.1 M |
| Gross Profit | 130 M |
| Operating Expenses | 117 M |
| Operating Income | 13.4 M |
| Other Expenses | 10.4 M |
| Net Income | 3.01 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Drilling Tools International Corp.
| Net Income | 3.01 M |
| Depreciation & Amortization | 23.8 M |
| Capital Expenditures | -22.9 M |
| Stock-Based Compensation | 2.09 M |
| Change in Working Capital | -17.6 M |
| Others | -13.7 M |
| Free Cash Flow | -16.8 M |
Wall Street Analysts Price Targets
Drilling Tools International Corp.
Wall Street analysts predict an average 1-year price target for DTI of $8.5 , with forecasts ranging from
a
low of
$8.5 to a high of $8.5 .
DTI Lowest Price Target
Wall Street Target
8.5 USD
179.61%
DTI Average Price Target
Wall Street Target
8.5 USD
179.61%
DTI Highest Price Target
Wall Street Target
8.5 USD
179.61%
4. DIVIDEND
ANALYSIS
DTI does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Drilling Tools International Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Drilling Tools International Corporation (DTI) Q1 2025 Earnings Call Transcript
Drilling Tools International Corporation (NASDAQ:DTI ) Q1 2025 Earnings Conference Call May 14, 2025 10:00 AM ET Company Participants Ken Dennard - Investor Relations Wayne Prejean - Chief Executive Officer David Johnson - Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Josh Jayne - Daniel Energy Partners Operator Greetings. And welcome to the Drilling Tools International First Quarter 2025 Earnings Conference Call.
seekingalpha.com
- 1 month ago
Drilling Tools International Corp. (DTI) Misses Q1 Earnings Estimates
Drilling Tools International Corp. (DTI) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.13 per share a year ago.
zacks.com
- 1 month ago
Drilling Tools International Corp. Reports 2025 First Quarter Results
Board Authorizes a $10 Million Share Repurchase Program HOUSTON , May 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 its results for the three months ended March 31, 2025. DTI generated total consolidated revenue of $42.9 million in the first quarter of 2025.
prnewswire.com
- 1 month ago
Drilling Tools International Corp. Announces 2025 First Quarter Earnings Release and Conference Call Schedule
HOUSTON , April 23, 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 that it plans to report 2025 first quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Wednesday, May 14, 2025 at 10:00 a.m. Eastern Time (9:00 a.m.
prnewswire.com
- 1 month ago
Drilling Tools International Corporation (DTI) Q4 2024 Earnings Call Transcript
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.
seekingalpha.com
- 3 months ago
Drilling Tools International Corp. (DTI) Surpasses Q4 Earnings and Revenue Estimates
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.
zacks.com
- 3 months ago
Drilling Tools International Corp. Reports 2024 Year End and Fourth Quarter Results
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
- 3 months ago
Drilling Tools International Corp. Announces March 2025 Investor Conference Schedule
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.
prnewswire.com
- 3 months ago
DTI vs. AROC: Which Stock Is the Better Value Option?
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?
zacks.com
- 3 months ago
Drilling Tools International Corp. Updates Estimated 2024 Full Year Financial Outlook
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.
prnewswire.com
- 3 months ago
DTI Acquires Titan Tools to Strengthen Drilling Services
Drilling Tools International completes the Titan Tools acquisition, enhancing its global footprint and downhole drilling technology.
zacks.com
- 5 months ago
Drilling Tools International Corp. Completes Acquisition of UK-Based Titan Tools Services Ltd.
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.
prnewswire.com
- 5 months ago
8. Profile
Summary
Drilling Tools International Corp. DTI
COUNTRY
US
INDUSTRY
Oil & Gas Equipment & Services
MARKET CAP
$ 108 M
Dividend Yield
0.00%
Description
Drilling Tools International Corp. provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole desander and filters; non-mag and steel drill collars; tubulars; flapper plugs; and well bore conditioning and fraction reduction technologies. The company also provides hole openers, roller reamers, and extended reach drilling tools; stabilizers comprising integral blade, sleeve, and welded blade string stabilizers, as well as hard facing tools; stinger valves; and sub-assemblies, which includes heat-treated steel and non-magnetic metal subs. In addition, it offers handling tools, such as elevators, brackets and bail assembly, slips, tongs, stabbing guides, and safety clamps; blowout preventors and pressure control equipment; and drilling accessories including float valve, ring gauge, tool basket, lift bail, and ditch magnet. Further, the company provides downhole inspection, well fence data automation, and compass services. Drilling Tools International Corp. was founded in 1984 and is headquartered in Houston, Texas.
Contact
3701 Briarpark Drive, Houston, TX, 77042
https://www.drillingtools.com
IPO
Date
Dec. 29, 2021
Employees
447
Officers
Mr. R. Wayne Prejean
Chief Executive Officer, President & Director
Ms. Veda Ragsdill
Vice President of Human Resources
Mr. G. Troy Meier
President of Diamond Products
Mr. Jameson Parker
Vice President of Corporate Development
Mr. Aldo Rodriguez
Vice President of Sales
Mr. David R. Johnson
Chief Financial Officer
Mr. Michael W. Domino Jr.
President of Directional Tools Rentals