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Superior Drilling Products Stock

Superior Drilling Products Employees 2024

Superior Drilling Products Employees

63

Ticker

SDPI

ISIN

US8681531070

WKN

A12E4E

In 2024, Superior Drilling Products employed 63 people, a 0% change from the 63 number of employees in the previous year.

Superior Drilling Products Aktienanalyse

What does Superior Drilling Products do?

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 ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Employees Details

Examining Superior Drilling Products's Employee Base

Superior Drilling Products's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding Superior Drilling Products's operational capacity and future potential.

Year-to-Year Comparison

Assessing Superior Drilling Products's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

Superior Drilling Products's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in Superior Drilling Products’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about Superior Drilling Products stock

How many employees does Superior Drilling Products have this year?

Superior Drilling Products has 63 undefined employees this year.

How many employees did Superior Drilling Products have compared to the previous year?

Compared to the previous year, Superior Drilling Products had 0% more employees.

What impact did the number of employees have on the company Superior Drilling Products?

The number of employees has a direct impact on the efficiency and productivity of Superior Drilling Products. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of Superior Drilling Products?

The number of employees can also have an impact on investors of Superior Drilling Products, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of Superior Drilling Products affect the company?

An increase in equity of Superior Drilling Products can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in Superior Drilling Products's equity affect the company?

A reduction in equity of Superior Drilling Products can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of Superior Drilling Products?

Some factors that can influence the equity of Superior Drilling Products include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of Superior Drilling Products so important for investors?

The equity of Superior Drilling Products is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at Superior Drilling Products influence the company?

The number of employees at Superior Drilling Products can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at Superior Drilling Products evolved in recent years?

In recent years, the number of employees at Superior Drilling Products has changed by 0.

How many employees does Superior Drilling Products currently have?

Superior Drilling Products currently has 63 undefined employees.

Why is the number of employees important for investors of Superior Drilling Products?

The number of employees is important for investors of Superior Drilling Products as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can Superior Drilling Products take to change the number of employees?

To change the number of employees, Superior Drilling Products can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

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 9/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Superior Drilling Products pay the last dividend?

The last dividend was paid out on 9/9/2024.

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.

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Andere Kennzahlen von 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.