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Date | Price Target | Rating | Analyst |
---|---|---|---|
7/1/2024 | $8.50 | Buy | Alliance Global Partners |
2/26/2024 | $3.00 | Hold | Jefferies |
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 guidance2024 Adjusted EBITDA to be near the midp
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. The
HOUSTON, Nov. 13, 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 reported its 2024 third quarter results. DTI generated total consolidated revenue of $40.1 million in the third quarter of 2024. Third quarter Tool Rental revenue was approximately $28.1 million and Product Sales revenue totaled $12.0 million. Total Operating Expenses were $35.8 million and I
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 guidance2024 Adjusted EBITDA to be near the midp
HOUSTON, Nov. 13, 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 reported its 2024 third quarter results. DTI generated total consolidated revenue of $40.1 million in the third quarter of 2024. Third quarter Tool Rental revenue was approximately $28.1 million and Product Sales revenue totaled $12.0 million. Total Operating Expenses were $35.8 million and I
HOUSTON, Oct. 23, 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 third quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, November 14, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What: Drilling Tools International 20
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Further Demonstrates DTI's Commitment to Advancing the Directional Drilling Process with Innovative Tool Development and Global Expansion HOUSTON, Oct. 3, 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 drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it has closed on its acquisition of European Drilling Projects known as ED Projects (EDP), a global provider of next-generation stabilizers, specialty reamers, and wellbo
HOUSTON, March 18, 2024 /PRNewswire/ -- Drilling Tools International Corp. ("DTI" or the "Company") (NASDAQ:DTI), today announced it has closed on the acquisition of UK-based Deep Casing Tools ("DCT"), a global leader in innovative downhole technology solutions. Details of the transaction were not disclosed. Deep Casing Tools specializes in the design, engineering and manufacture of a range of patented and innovative products that add value to well construction, well completion and casing installation processes. Since 2012, Deep Casing Tools has supported operators within the energy sector globally, including areas within the Middle East as well as Europe, America and Asia. The firm was est
Second Quarter 2023 Revenue Grew 25% Year-over-Year to $37.9 million Successful completion of business combination; Shares commenced trading on Nasdaq HOUSTON, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Drilling Tools International Corp., ("DTI" or the "Company") (NASDAQ:DTI), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, operating from 22 locations across North America, Europe and the Middle East, today reported its financial and operational results for the quarter ended June 30, 2023. Second Quarter Financial Highlights Net Revenue of $37.9 million increased 25% from $30.4
Alliance Global Partners initiated coverage of Drilling Tools International with a rating of Buy and set a new price target of $8.50
Jefferies initiated coverage of Drilling Tools International with a rating of Hold and set a new price target of $3.00
3 - Drilling Tools International Corp (0001884516) (Issuer)
3 - Drilling Tools International Corp (0001884516) (Issuer)
3 - Drilling Tools International Corp (0001884516) (Issuer)