Drilling Tools International (DTI)

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Drilling Tools International (DTI) - 2024 Q1 - Quarterly Results
2024-05-10 00:58
Exhibit 99.1 News Release Drilling Tools International Corp. Reports 2024 First Quarter Results Company Reaf irms 2024 Outlook HOUSTON — May 9, 2024 — 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, ...
Drilling Tools International Corp. Announces 2024 First Quarter Earnings Release and Conference Call Schedule
Prnewswire· 2024-04-25 20:15
HOUSTON, April 25, 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 first quarter financial results prior to the Company's live confer ...
Drilling Tools International (DTI) - 2023 Q4 - Earnings Call Transcript
2024-03-28 19:16
Drilling Tools International Corp. (NASDAQ:DTI) Q4 2023 Results Conference Call March 28, 2024 11:00 AM ET Company Participants Ken Denard - IR Wayne Prejean - CEO David Johnson - CFO Conference Call Participants Jeff Grampp - Alliance Global Partners Steve Ferazani - Sidoti & Company John Daniel - Daniel Energy Partners Operator Greetings and welcome to the Drilling Tools International 2023 and Fourth Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded ...
Drilling Tools International (DTI) - 2023 Q4 - Annual Report
2024-03-28 15:54
UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-K (Mark One) Washington, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-41103 DRILLING TOOLS INTERNATIONAL CORPORATION (Exact name of Registrant as specified in its Charter) Delaware 87-2488708 (State or o ...
Drilling Tools International (DTI) - 2023 Q4 - Annual Results
2024-03-27 20:21
Exhibit 99.1 Drilling Tools International Corp. Reports 2023 Full Year and Fourth Quarter Results Company Provides 2024 Full Year Outlook Estimated adjusted free cash flow to more than double in 2024 HOUSTON — March 27, 2024 — Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, today report ...
Drilling Tools International Corp. Amends and Extends ABL Credit Facility and Enters into New Term Loan
Prnewswire· 2024-03-18 11:05
ABL Amendment Provides Additional Financial Flexibility, Extends Maturity to 2029 and Modifies Certain Financial Covenants New Term Loan Adds $25 Million of Increased Borrowing Capacity HOUSTON, March 18, 2024 /PRNewswire/ -- Drilling Tools International Corp. (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, today announc ...
Drilling Tools International Corp. Closes on Acquisition of Deep Casing Tools
Prnewswire· 2024-03-18 11:00
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 proc ...
Drilling Tools (DTI) to Acquire Drill-N-Ream Patent Holder
Zacks Investment Research· 2024-03-13 18:36
Drilling Tools International Corporation (DTI) , a leading oilfield services company based in the United States, has entered into an agreement to acquire Superior Drilling Products, Inc. (“SDP”) in a cash-and-stock deal. The total consideration for the transaction is approximately $32.2 million. The deal is expected to be closed in the third quarter of 2024.The acquisition supports DTI’s overall growth strategy to become a premier provider of quality solutions and services for the oil and gas drilling indus ...
Drilling Tools International Corp. to Acquire Superior Drilling Products, Inc.
Prnewswire· 2024-03-07 11:00
Acquisition furthers DTI's growth strategy to be a premier provider of quality solutions and services for the global oil & gas drilling industry Integrating SDP's patented Drill-N-Ream® well bore conditioning tool into DTI's fleet of technologies provides expanded geographic market potential and is anticipated to lower capital requirements and operating costs as well as improve operational efficiencies Combining SDP's manufacturing expertise into DTI's broad-reaching and well-established global sales chann ...
Drilling Tools International (DTI) - 2023 Q3 - Quarterly Report
2023-11-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 001-41103 DRILLING TOOLS INTERNATIONAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 87-2 ...