Dril-Quip Overview
- Year Founded
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1981
- Status
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Acquired/Merged
- Employees
-
1,700
- Latest Deal Type
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M&A
- Financing Rounds
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2
- Investments
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4
Dril-Quip General Information
Description
Dril-Quip Inc is a developer of inventive technologies for the energy industry, designing and manufacturing products for traditional oil and gas, and certain energy transition applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere, Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, etc.).
Contact Information
Website
www.dril-quip.comCorporate Office
- 6401 Northg Eldridge Parkway
- Houston, TX 77041
- United States
Corporate Office
- 6401 Northg Eldridge Parkway
- Houston, TX 77041
- United States
Dril-Quip Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Dril-Quip Comparisons
Industry
Financing
Details
Dril-Quip Competitors (7)
One of Dril-Quip’s 7 competitors is MECO PARTS INTERNATIONAL, a Corporation company based in Miami, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MECO PARTS INTERNATIONAL | Corporation | Miami, FL | ||||
| Allegheny Technologies | Corporation | Dallas, TX | ||||
| Schneider Electric Infrastructure | Corporation | Vadodara, India | ||||
| Schneider Electric | Formerly VC-backed | Rueil Malmaison, France | ||||
| Carbo Ceramics | Formerly VC-backed | Houston, TX |
Dril-Quip Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Dril-Quip Acquisitions (4)
Dril-Quip’s most recent deal was a Reverse Merger with Innovex International for . The deal was made on 06-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Innovex International | 06-Sep-2024 | Reverse Merger | Oil and Gas Equipment | ||
| Great North | 31-Jul-2023 | Merger/Acquisition | Industrial Supplies and Parts | ||
| OilPatch Technologies | 06-Jan-2017 | Merger/Acquisition | Consulting Services (B2B) | ||
| Tiw (United States) | 10-Nov-2016 | Merger/Acquisition | Oil and Gas Equipment |
Dril-Quip FAQs
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When was Dril-Quip founded?
Dril-Quip was founded in 1981.
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Where is Dril-Quip headquartered?
Dril-Quip is headquartered in Houston, TX.
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What is the size of Dril-Quip?
Dril-Quip has 1,700 total employees.
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What industry is Dril-Quip in?
Dril-Quip’s primary industry is Machinery (B2B).
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Is Dril-Quip a private or public company?
Dril-Quip is a Private company.
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What is the current valuation of Dril-Quip?
The current valuation of Dril-Quip is .
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What is Dril-Quip’s current revenue?
The current revenue for Dril-Quip is .
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How much funding has Dril-Quip raised over time?
Dril-Quip has raised $60M.
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Who are Dril-Quip’s competitors?
MECO PARTS INTERNATIONAL, Allegheny Technologies, Schneider Electric Infrastructure, Schneider Electric, and Carbo Ceramics are some of the 7 competitors of Dril-Quip.
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When was Dril-Quip acquired?
Dril-Quip was acquired on 06-Sep-2024.
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Who acquired Dril-Quip?
Dril-Quip was acquired by Innovex International.
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