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Superior Drilling Products stock price, quote, forecast and news

SDPI
US8681531070
A12E4E

Price

1.01 USD
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+0 USD
Today %
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P

Superior Drilling Products Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
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Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Superior Drilling Products, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Superior Drilling Products from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Superior Drilling Products’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Superior Drilling Products. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Superior Drilling Products’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Superior Drilling Products’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Superior Drilling Products’s growth potential.

Superior Drilling Products Revenue, EBIT and net profit per share

DateSuperior Drilling Products RevenueSuperior Drilling Products EBITSuperior Drilling Products Net Income
2024e26.21 M USD5.69 M USD3.72 M USD
202320.97 M USD1.78 M USD7.44 M USD
202219.1 M USD1.94 M USD1.07 M USD
202113.34 M USD-586,750 USD-529,800 USD
202010.47 M USD-3.82 M USD-3.43 M USD
201919 M USD-901,770 USD-936,420 USD
201818.25 M USD300,200 USD-58,380 USD
201715.6 M USD224,520 USD-6.88 M USD
20167.15 M USD-7.41 M USD-9.13 M USD
201512.71 M USD-5.74 M USD-14.46 M USD
201420.04 M USD1.63 M USD-621,400 USD

Superior Drilling Products Income Statement, Balance Sheet, Cash Flow Statement

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  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (M USD)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M USD)EBIT (M USD)EBIT MARGIN (%)NET INCOME (M USD)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
20142015201620172018201920202021202220232024e
201271518181013192026
--40.00-41.67114.2920.00--44.4430.0046.155.2630.00
65.0050.0028.5760.0061.1155.5650.0053.8552.6360.00-
1362911105710120
1-5-7000-30115
5.00-41.67-100.00----30.00-5.265.0019.23
0-14-9-600-30173
---35.71-33.33-----600.00-57.14
13.8317.3519.1624.2724.6125.0925.5226.3928.6829.770
-----------
Details

Keystats

Revenue and Growth

The Superior Drilling Products Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Superior Drilling Products is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M USD)RECEIVABLES (M USD)OTHER REC. (M USD)INVENTORIES (M USD)OTHER CURRENT LIAB. (M USD)CURRENT ASSETS (M USD)TANGIBLE ASSETS (M USD)LONG-T. INVEST. (M USD)LONG-T. REC. (M USD)INTANGIBLE ASSETS (M USD)GOODWILL (M USD)OTHER NON-CURRENT ASSETS (M USD)NON-CURRENT ASSETS (M USD)TOTAL ASSETS (M USD)LIABILITIESCOMMON STOCK (M USD)ADDITIONAL PAID-IN CAPITAL (M USD)RETAINED EARNINGS (M USD)OTHER EQUITY (M USD)UNREAL. GAINS/LOSSES (M USD)EQUITY (M USD)LIABILITIES (M USD)PROVISIONS (M USD)OTHER SHORT-TERM LIAB. (M USD)SHORT-TERM DEBTS (M USD)LONG-TERM DEBT PORTION (M USD)SHORT-TERM REC. (M USD)LONG-T. LIAB. (M USD)DEFERRED TAXES (M USD)OTHER LIAB. (M USD)LONG-T. LIABILITIES (M USD)DEBT (M USD)TOTAL CAPITAL (M USD)
Details

Balance Sheet

Understanding the Balance Sheet

The balance sheet of Superior Drilling Products provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Superior Drilling Products's financial health and stability.

Assets

Superior Drilling Products's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Superior Drilling Products must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Superior Drilling Products after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Superior Drilling Products's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M USD)DEPRECIATION (M USD)DEFERRED TAXES (M USD)CHANGES IN WORKING CAPITAL (M USD)NON-CASH ITEM (M USD)PAID INTEREST (k USD)PAID TAXES (M USD)NET CASH FLOW FROM OPERATING ACTIVITIES (M USD)CAPITAL EXPENDITURES (M USD)CASH FLOW FROM INVESTING ACTIVITIES (k USD)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)INTEREST INCOME AND EXPENSES (M USD)NET DEBT CHANGE (M USD)NET CHANGE IN EQUITY (M USD)CASH FLOW FROM FINANCING ACTIVITIES (M USD)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M USD)TOTAL DIVIDENDS PAID (M USD)NET CHANGE IN CASH FLOW (M USD)FREE CASH FLOW (M USD)SHARE-BASED COMPENSATION (M USD)
2011201220132014201520162017201820192020202120222023
2330-14-9000-3017
0013443332211
000000000000-6
00-1010-10-22-100
0000820000011
0001,0001,0001,0000000000
0000000000000
24240-12401033
0-10-16-10000-10-3-3
000-22,000-1,00001,00000-1,0000-3,000-3,000
000-6002000000
0000000000000
000-1-3-2-3-2-30000
00031050000100
-1-3-224-32-3-1-30100
1022000000000
-2-2-40000000000
0005-4001-30000
1.693.242.6-11.86-0.66-2.281.423.890.430.35-0.410.22-0.55
0000000000000

Superior Drilling Products stock margins

The Superior Drilling Products margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Superior Drilling Products. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Superior Drilling Products.
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Gross margin
EBIT margin
Profit margin
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Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Superior Drilling Products's sales revenue. A higher gross margin percentage indicates that the Superior Drilling Products retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Superior Drilling Products's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Superior Drilling Products's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Superior Drilling Products's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Superior Drilling Products. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Superior Drilling Products's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Superior Drilling Products Margin History

Superior Drilling Products Gross marginSuperior Drilling Products Profit marginSuperior Drilling Products EBIT marginSuperior Drilling Products Profit margin
2024e60.92 %21.69 %14.19 %
202360.92 %8.47 %35.45 %
202256.38 %10.14 %5.58 %
202157.87 %-4.4 %-3.97 %
202051.24 %-36.51 %-32.76 %
201956.93 %-4.75 %-4.93 %
201861.21 %1.65 %-0.32 %
201761.78 %1.44 %-44.1 %
201637.21 %-103.53 %-127.62 %
201547.91 %-45.21 %-113.77 %
201464.99 %8.14 %-3.1 %

Superior Drilling Products Stock Sales Revenue, EBIT, Earnings per Share

The Superior Drilling Products earnings per share therefore indicates how much revenue Superior Drilling Products has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Superior Drilling Products earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Superior Drilling Products's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Superior Drilling Products’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Superior Drilling Products's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Superior Drilling Products Revenue, EBIT and net profit per share

DateSuperior Drilling Products Sales per ShareSuperior Drilling Products EBIT per shareSuperior Drilling Products Earnings per Share
2024e0.86 USD0 USD0.12 USD
20230.7 USD0.06 USD0.25 USD
20220.67 USD0.07 USD0.04 USD
20210.51 USD-0.02 USD-0.02 USD
20200.41 USD-0.15 USD-0.13 USD
20190.76 USD-0.04 USD-0.04 USD
20180.74 USD0.01 USD-0 USD
20170.64 USD0.01 USD-0.28 USD
20160.37 USD-0.39 USD-0.48 USD
20150.73 USD-0.33 USD-0.83 USD
20141.45 USD0.12 USD-0.04 USD

Superior Drilling Products business model

Superior Drilling Products Inc is a company based in Utah, USA and has been listed on the NASDAQ Stock Exchange since 2014. The company is involved in the development, production, and distribution of drilling products, specifically drill head seals, used in the oil and gas industry, as well as the geothermal and monument industries. The company was founded in 1999 as Diamond Drill Bit Industries, Inc. by its current CEO, Troy Meier. Meier, a former wellbore modeler, utilized his expertise to create diesel-powered drill heads as the driving force behind the seals. This allowed retailers, production companies, and drilling companies to quickly and cost-effectively order the seals, laying the foundation for the company's later success. A year later, Meier decided to rename the company Superior Drilling Products to focus on the sale of drill head seals. Since then, the company has expanded its offerings and specializes in a wide range of products aimed at improving drilling performance and efficiency. Superior Drilling Products has developed a patented drill head sealing system that is suitable for all common wellbore diameters. With a focus on improving drilling performance, the products seek to maximize the potential for clean and effective drilling by reducing frictional forces between the drill head and the wellbore. The company's product range is divided into three segments: drill head seals, tools for completion and drilling, and reservoir-based drilling. The company offers drill head seals for every wellbore size and is known in the industry for its technically superior seals. These seals feature a special rubber compound for increased durability and longevity, resulting in lower maintenance costs for drilling equipment. The tools for completion and drilling are suitable for deep drilling in oil, gas, geothermal, and water supply wells, as well as construction and mining applications. The product range includes mills, cutting and reaming tools, cutting frames, and specialized drill bits tailored to the customer's specific requirements. Reservoir-based drilling was introduced in 2018 and is designed to shorten drilling time and reduce overall operating expenses. The system uses a unique drill-based pattern to control the wellbore, keeping it straight and minimizing deviations. It helps utilize gathered data to improve future drilling and increase long-term efficiency. In addition to selling its innovative products, Superior Drilling Products provides technology and consulting services to support its customers in increasing the efficiency of their drilling equipment and processes. This has helped establish the company as a key player in the field of drilling technology. Overall, Superior Drilling Products has experienced strong growth in recent years and expanded its presence in the international market. The company values research and development and has a strong presence in technology and innovation. With an experienced management team and a wide range of drilling products, Superior Drilling Products is well-positioned to continue offering reliable solutions to its customers' drilling needs. Superior Drilling Products is one of the most popular companies on Eulerpool.com.

Superior Drilling Products SWOT Analysis

Strengths

Superior Drilling Products Inc (SDP) has several strengths that contribute to its competitive advantage in the drilling industry. Firstly, the company has a strong product portfolio of innovative drilling tools and technologies. These tools are designed to improve drilling efficiency, reduce costs, and increase productivity for its customers. This strong product lineup helps SDP attract and retain customers in a highly competitive market. Secondly, SDP has a well-established reputation for delivering high-quality products and excellent customer service. The company's commitment to quality and customer satisfaction has earned it a loyal customer base. This positive brand image gives SDP a competitive edge over its rivals and allows it to differentiate itself in the market. Thirdly, SDP has a highly skilled and experienced workforce. The company's employees have extensive knowledge and expertise in the drilling industry, enabling them to develop and manufacture superior drilling products. This expertise also allows SDP to provide technical support and guidance to its customers, further enhancing its value proposition. Lastly, SDP has a strong financial position. The company has consistently generated revenue and maintained profitability over the years. This financial stability enables SDP to invest in research and development, expand its product offerings, and pursue strategic initiatives that drive growth and market expansion.

Weaknesses

While SDP has many strengths, it also faces certain weaknesses that may hinder its growth and competitiveness. One significant weakness is its limited market presence and relatively smaller customer base compared to some of its larger competitors. This could restrict SDP's ability to compete for major contracts and penetrate new markets. Another weakness is the company's dependence on the oil and gas industry. As a drilling products supplier, SDP's fortunes are closely tied to the performance of the oil and gas sector. Any downturn in this industry can adversely impact SDP's business and financial performance. Additionally, SDP's success relies heavily on its ability to continually innovate and develop new products. If the company fails to keep up with industry trends and advancements, it may risk losing market share to competitors who offer more cutting-edge solutions.

Opportunities

SDP has several opportunities to capitalize on in the drilling industry. Firstly, the growing demand for energy, particularly in emerging markets, presents a significant opportunity for SDP to expand its customer base and increase sales. As the need for drilling activities rises, there is an increasing requirement for efficient and cost-effective drilling tools and technologies, which SDP can fulfill. Secondly, technological advancements in drilling techniques and equipment offer SDP the chance to develop and offer new innovative solutions. By investing in research and development, SDP can stay ahead of its competitors and gain a competitive advantage in the market. Furthermore, SDP has the opportunity to diversify its product offerings and enter new market segments. By leveraging its expertise and capabilities, the company can explore applications beyond the oil and gas sector, such as mining and geothermal drilling. Lastly, strategic partnerships and collaborations with other industry players can provide SDP with access to new markets, technologies, and resources. By forming alliances, SDP can enhance its competitive position and create synergistic opportunities for growth.

Threats

SDP faces various threats in the drilling industry that could impact its business. One significant threat is the volatility of oil and gas prices. Fluctuations in energy prices can affect drilling activities, leading to reduced demand for SDP's products and services. Another threat is intense competition in the drilling products market. As a highly competitive industry, SDP competes against both established players and new entrants. This competition can result in pricing pressures and erosion of market share. Additionally, regulatory changes and compliance requirements may pose challenges for SDP. The drilling industry is subject to environmental and safety regulations, which may increase operational costs and restrict certain activities. Lastly, economic downturns and global uncertainties can impact overall drilling activities and investments. Instability in the financial markets or geopolitical events may lead to reduced capital spending by drilling companies, affecting SDP's business performance.

Superior Drilling Products historical P/E ratio, EBIT, and P/S ratio.

Superior Drilling Products shares outstanding

The number of shares was Superior Drilling Products in 2023 — This indicates how many shares 29.773 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details

Revenue, EBIT and Earnings per share

Revenue Per Share

Revenue per share represents the total revenue Superior Drilling Products earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Superior Drilling Products's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Superior Drilling Products’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Superior Drilling Products's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Unfortunately, there are currently no price targets and forecasts available for Superior Drilling Products.

Superior Drilling Products latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
12/31/20230.02 USD0.18 USD (782.35 %)2023 Q4
9/30/20230.02 USD0 USD (-100 %)2023 Q3
6/30/20230.03 USD0.01 USD (-67.32 %)2023 Q2
3/31/20230.02 USD0.05 USD (145.1 %)2023 Q1
12/31/20220.02 USD0.01 USD (-50.98 %)2022 Q4
9/30/20220.03 USD0.02 USD (-34.64 %)2022 Q3
6/30/20220.02 USD0 USD (-100 %)2022 Q2
12/31/2021-0.01 USD0.02 USD (296.08 %)2021 Q4
9/30/20210 USD0 USD (0 %)2021 Q3
6/30/2021-0.03 USD0 USD (100 %)2021 Q2
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Superior Drilling Products list of shareholders

%
Name
Stocks
Change
Date
9.07 % Meier (G. Troy)2,756,50903/6/2024
7.79 % Meier (Annette)2,366,65503/6/2024
6.53 % Eberwein (Jeffrey E)1,983,027-8,23612/31/2023
4.09 % Drilling Tools International Corporation1,244,1001,244,1003/6/2024
3.56 % Star Equity Holdings Inc1,080,985-3,70312/31/2023
2.95 % Cashion (Christopher D)896,58290,55612/31/2023
18.56 % Meier Family Holding Company, L.L.C.5,641,51003/6/2024
10.44 % Meier Management Company, L.L.C.3,173,35003/6/2024
1.94 % Iversen (Robert E.)588,27956,60412/31/2023
1.74 % Ronca (Michael V.)528,80656,60412/31/2023
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Superior Drilling Products Executives and Management Board

Mr. G. Troy Meier62
Superior Drilling Products Chairman of the Board, Chief Executive Officer (since 2014)
Compensation 809,870 USD
Ms. Annette Meier60
Superior Drilling Products President, Co-Founder, Chief Operating Officer, Director
Compensation 679,769 USD
Mr. Christopher Cashion67
Superior Drilling Products Chief Financial Officer
Compensation 422,369 USD
Mr. Michael Ronca69
Superior Drilling Products Lead Independent Director
Compensation 203,417 USD
Mr. James Lines62
Superior Drilling Products Independent Director
Compensation 168,343 USD
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Superior Drilling Products Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
SupplierCustomer0,770,31-0,050,490,32-
SupplierCustomer0,230,550,69-0,340,010,45
SupplierCustomer0,190,41-0,380,620,350,68
SupplierCustomer0,050,46-0,010,730,270,66
SupplierCustomer-0,13-0,18-0,210,680,350,73
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Most common questions regarding Superior Drilling Products

What values and corporate philosophy does Superior Drilling Products represent?

Superior Drilling Products Inc represents a strong commitment to innovation, quality, and customer satisfaction. The company values continuous improvement and strives to provide cutting-edge drilling solutions to its clients. With a customer-centric approach, Superior Drilling Products Inc aims to exceed expectations by delivering superior drilling tools and services. The company's corporate philosophy revolves around safety, integrity, and reliability. With a dedicated team of professionals, Superior Drilling Products Inc is focused on driving operational excellence and creating value for shareholders. The company's emphasis on technological advancements and exceptional performance positions it as a leader in the drilling industry.

In which countries and regions is Superior Drilling Products primarily present?

Superior Drilling Products Inc is primarily present in the United States.

What significant milestones has the company Superior Drilling Products achieved?

Superior Drilling Products Inc has achieved several significant milestones. The company successfully developed the Drill-N-Ream® technology, which has been widely recognized for its efficiency and effectiveness in the drilling industry. In addition, Superior Drilling Products Inc has expanded its product portfolio to include various well bore conditioning tools, further solidifying its position as a leader in the industry. The company's dedication to innovation and superior quality has enabled it to build a strong reputation among clients, leading to remarkable growth. Superior Drilling Products Inc continues to enhance its offerings and remains committed to delivering cutting-edge solutions for the drilling sector.

What is the history and background of the company Superior Drilling Products?

Superior Drilling Products Inc, headquartered in the United States, is a leading drilling tools and services provider. Established in 1999, the company has a rich history of innovation and industry expertise. With a focus on enhancing drilling efficiency and cost-effectiveness, Superior Drilling Products Inc delivers a comprehensive range of patented drilling tools, including the groundbreaking Drill-N-Ream® technology. Their high-quality products are utilized in various drilling applications, enabling customers to optimize performance and maximize returns. Through continuous research and development, Superior Drilling Products Inc has established itself as a trusted partner in the oil and gas industry, constantly pushing boundaries to meet evolving drilling challenges.

Who are the main competitors of Superior Drilling Products in the market?

The main competitors of Superior Drilling Products Inc in the market include established companies such as Halliburton, Schlumberger, and Baker Hughes. They are major players in the oilfield services industry, offering a wide range of products and solutions similar to Superior Drilling Products Inc. These competitors have built strong reputations and large customer bases, making the market highly competitive. Superior Drilling Products Inc aims to differentiate itself by providing innovative drilling tools and technologies that improve efficiency and cost-effectiveness in drilling operations.

In which industries is Superior Drilling Products primarily active?

Superior Drilling Products Inc is primarily active in the oil and gas industry.

What is the business model of Superior Drilling Products?

Superior Drilling Products Inc (SDPI) is an oilfield services company specializing in the design and manufacture of drilling tools. Their business model revolves around providing innovative and cost-effective solutions to improve drilling efficiency and reduce customer costs. SDPI offers a wide range of products, including drill bits, reamers, and other drilling tools, that are designed to enhance performance and extend the life of drilling equipment. Through their technology-driven approach, SDPI aims to help drilling companies optimize their operations, increase productivity, and ultimately improve their bottom line. With their focus on innovation and customer success, Superior Drilling Products Inc is committed to delivering superior drilling solutions to the oil and gas industry.

What is the P/E ratio of Superior Drilling Products 2024?

The Superior Drilling Products P/E ratio is 8.08.

What is the P/S ratio of Superior Drilling Products 2024?

The Superior Drilling Products P/S ratio is 1.15.

What is the AlleAktien quality score of Superior Drilling Products?

The AlleAktien quality score for Superior Drilling Products is 4/10.

What is the revenue of Superior Drilling Products 2024?

The expected Superior Drilling Products revenue is 26.21 M USD.

How high is the profit of Superior Drilling Products 2024?

The expected Superior Drilling Products profit is 3.72 M USD.

What is the business model of Superior Drilling Products

Superior Drilling Products Inc is a US-based company specializing in the development, manufacturing, and sale of drilling technology products. The company offers a wide range of innovative and patented products that improve the efficiency and productivity of oil and gas drilling. One of the main divisions of Superior Drilling Products Inc. is their products for the repair and maintenance of drilling, including their flagship products Drill-n-Ream and Strider. Drill-n-Ream is a drilling tool that runs through the earth during the drilling process and automatically adjusts the hole size. This makes the drilling more effective and efficient, leading to higher throughput. On the other hand, Strider is a tool that reduces drilling vibrations, thereby reducing damage to the drilling and extending its lifespan. Another important area of Superior Drilling Products Inc is the commercial rental of drilling tools. Customers can rent their drilling equipment on a regular or project-based basis, thus gaining access to the latest technologies without having to bear the investment costs of purchasing drilling tools. The third division of Superior Drilling Products Inc is their business segment for refurbished drilling tools. The company recycles old drilling tools and ensures they are operational before selling them to customers. This achieves sustainable use of resources and provides savings for customers who would otherwise have to purchase new drilling tools. The business model of Superior Drilling Products Inc is based on the development and application of patented technologies that allow the company to maintain a leading position in the field of drilling equipment for the oil and gas industry. This model also relies on a multi-channel approach for the distribution of products, which the company believes offers strong customer interest and growth potential. Another important aspect of Superior Drilling Products Inc's business model is its focus on customer experience. The company provides its customers with top-notch technology, seamless delivery, and excellent customer service. The company maintains relationships with customers on an international level and has a global presence that allows it to quickly respond to customer needs and market trends. In summary, Superior Drilling Products Inc offers a wide range of groundbreaking technologies that improve the efficiency and productivity of oil and gas drilling. With a strong international presence and a customer-centric multi-channel distribution model, the company has gained a strong position in the industry.

What is the Superior Drilling Products dividend?

Superior Drilling Products pays a dividend of 0 USD distributed over payouts per year.

How often does Superior Drilling Products pay dividends?

The dividend cannot currently be calculated for Superior Drilling Products or the company does not pay out a dividend.

What is the Superior Drilling Products ISIN?

The ISIN of Superior Drilling Products is US8681531070.

What is the Superior Drilling Products WKN?

The WKN of Superior Drilling Products is A12E4E.

What is the Superior Drilling Products ticker?

The ticker of Superior Drilling Products is SDPI.

How much dividend does Superior Drilling Products pay?

Over the past 12 months, Superior Drilling Products paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Superior Drilling Products is expected to pay a dividend of 0 USD.

What is the dividend yield of Superior Drilling Products?

The current dividend yield of Superior Drilling Products is .

When does Superior Drilling Products pay dividends?

Superior Drilling Products pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Superior Drilling Products?

Superior Drilling Products paid dividends every year for the past 0 years.

What is the dividend of Superior Drilling Products?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Superior Drilling Products located?

Superior Drilling Products is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Superior Drilling Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Superior Drilling Products from 8/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/3/2024.

When did Superior Drilling Products pay the last dividend?

The last dividend was paid out on 8/3/2024.

What was the dividend of Superior Drilling Products in the year 2023?

In the year 2023, Superior Drilling Products distributed 0 USD as dividends.

In which currency does Superior Drilling Products pay out the dividend?

The dividends of Superior Drilling Products are distributed in USD.

All fundamentals about Superior Drilling Products

Our stock analysis for Superior Drilling Products Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Superior Drilling Products Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.