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Deep Down Inc.  (DPDW)
Other Ticker:  
 
 
Price: $0.4600 $-0.04 -7.982%
Day's High: $0.495 Week Perf: -8.91 %
Day's Low: $ 0.46 30 Day Perf: -17.86 %
Volume (M): 53 52 Wk High: $ 0.78
Volume (M$): $ 24 52 Wk Avg: $0.62
Open: $0.48 52 Wk Low: $0.42



 Market Capitalization (Millions $) 6
 Shares Outstanding (Millions) 12
 Employees 59
 Revenues (TTM) (Millions $) 17
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 1

Deep Down Inc.

Deep Down, Inc. is a Nevada corporation engaged in the oilfield services industry. As used herein, “Deep Down”, “Company”, “we”, “our” and “us” refers to Deep Down, Inc. and/or its subsidiaries. Deep Down, Inc. (OTCQX: DPDW), a publicly traded Nevada corporation, was incorporated on December 14, 2006, through a reverse merger with MediQuip Holdings, Inc., a publicly traded Nevada corporation.

Deep Down is the parent company to the following directly and indirectly wholly-owned subsidiaries: Deep Down, Inc., a Delaware corporation (“Deep Down Delaware”); Deep Down International Holdings, LLC, a Nevada limited liability company (“DDIH”), and Deep Down Brasil - Solucoes em Petroleo e Gas, Ltda, a Brazilian limited liability company (“Deep Down Brasil”). Our current operations are primarily conducted under Deep Down Delaware.

In addition to our strategy of continuing to grow and strengthen our operations, including by expanding our services and products in response to our customers’ demands, we intend to continue to seek strategic acquisitions of complementary service providers, product manufacturers and technologies that are focused primarily on supporting deepwater and ultra-deepwater offshore exploration, development and production of oil and gas reserves and other maritime operations.

We are a global provider of specialized services to the offshore energy industry to support deepwater and ultra-deepwater exploration, development and production of oil and gas and other maritime operations. While we are primarily a service company, we also produce custom engineered products that assist us in fulfilling service objectives for specific projects on a contractual basis. We design and manufacture a broad line of deepwater and ultra-deepwater, surface and offshore equipment solutions which are used by major integrated, large independent, and foreign national oil and gas companies in offshore areas throughout the world. Our products are often developed in direct response to customer requests for solutions to critical problems in the field. We serve the growing offshore petroleum and maritime industries with technical management and support services. One of our greatest strengths is the extensive knowledge base of our service, engineering and management personnel in many aspects of the deepwater and ultra-deepwater industry.

Our goal is to provide superior services and products to our customers in a safe, cost-effective and timely manner. We believe there is significant demand for, and brand name recognition of, our established products due to the technological capabilities, reliability, cost-effectiveness, timeliness of delivery and operational efficiency features of these products. Since our formation, we have introduced many new products that continue to broaden the markets we currently serve.

 



   Company Address: 18511 Beaumont Highway Houston 77049 TX
   Company Phone Number: 517-5000   Stock Exchange / Ticker: DPDW
   DPDW is expected to report next financial results on November 11, 2022.


Customers Net Income grew by DPDW's Customers Net Profit Margin grew to

517.94 %

17.55 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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