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Superior Drilling Products Inc   (SDPI)
Other Ticker:  
 
 
Price: $0.9191 $0.02 2.304%
Day's High: $0.92 Week Perf: 2.12 %
Day's Low: $ 0.89 30 Day Perf: 22.71 %
Volume (M): 75 52 Wk High: $ 2.21
Volume (M$): $ 69 52 Wk Avg: $0.92
Open: $0.90 52 Wk Low: $0.58



 Market Capitalization (Millions $) 27
 Shares Outstanding (Millions) 30
 Employees 43
 Revenues (TTM) (Millions $) 21
 Net Income (TTM) (Millions $) 7
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 4

Superior Drilling Products Inc
Superior Drilling Products, Inc. is an innovative drilling and completion tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry. The Company innovates, designs, engineers, manufactures, sells, and repairs drilling and completion tools. Our drilling solutions include the patented Drill-N-Ream® well bore conditioning tool (“Drill-N-Ream tool”) and the patented Strider™ Drill String Oscillation System technology (“Strider technology”). In addition, the Company is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for a leading oil field services company. We operate a state-of-the-art drill tool fabrication facility, where we manufacture solutions for the drilling industry, as well as customers’ custom products. The Company’s strategy for growth is to leverage its expertise in drill tool technology and innovative, precision machining in order to broaden its product offerings and solutions for the oil and gas industry.


   Company Address: 1583 South 1700 East Vernal 84078 UT
   Company Phone Number: 789-0594   Stock Exchange / Ticker: NYSE SDPI
   


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

40.92 %

7.55 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BKR        3.26% 
NR        3.79% 
OIS        6.44% 
DOV   -0.48%    
DRS   -3.64%    
HAL        2.61% 
• View Complete Report
   



Superior Drilling Products Inc

Superior Drilling Products Inc Reports Impressive Earnings Supported by $6.31 Million Tax Benefit

Superior Drilling Products Inc has recently released its financial results for the fiscal period closing on December 31, 2023. The company reported a significant increase in earnings per share (EPS) of 1596.69% to $0.18 per share. This impressive growth in EPS came despite a decline in revenue of -18.678% to $4.27 million, compared to the previous year.
In the prior fiscal period, EPS was $0.00 per share, and revenue fell by -15.427% to $5.05 million. However, the net income for the fiscal period ending December 31, 2023, was $5.586 million, marking a remarkable increase of 1576.94% compared to the corresponding quarter a year ago.

Superior Drilling Products Inc

Superior Drilling Products Inc announced a -2.327 %, decrease in their top-line, all along the fiscal time-frame ending September 30 2023

A Challenging Quarter for Superior Drilling Products Inc: A Personal Perspective
As an avid investor and keen observer of the market, I couldn't help but notice the recent financial results of Superior Drilling Products Inc. The company announced its earnings per share remained unaffected at $0.00, despite a modest revenue deterioration in the financial period ending September 30, 2023. Revenue depreciated by -2.327% to $5.05 million year on year. These figures certainly raise concerns for investors like myself.
What's more troubling is that while Superior Drilling Products Inc faced difficulties, the overall Miscellaneous Fabricated Products industry showed a 5.76% improvement in the third quarter of 2023 compared to the same period last year. This contrasting performance magnifies the challenges faced by SDPI. In addition, EPS decreased from $0.01 in the previous quarter, and revenue declined by -5.872% to $5.37 million.

Superior Drilling Products Inc

Superior Drilling Products Inc Shines with Exceptional Second Quarter Performance in 2023

Article:
Superior Drilling Products Inc (SDPI) recently released its financial results for the period April to June 2023, and the numbers have revealed some interesting facts. The company experienced a significant increase in revenue of 18.202%, reaching $5.37 million. However, despite this notable growth in revenue, profitability remained stagnant at $0.01 per share, year on year.
When compared to other companies in the Miscellaneous Fabricated Products sector, SDPI has clearly outperformed its contemporaries in terms of revenue. The sector as a whole only saw a revenue increase of 3.92% during the same time period. This indicates that SDPI has managed to stand out in terms of revenue growth.

Superior Drilling Products Inc

Superior Drilling Products Inc Achieves Remarkable Revenue Growth of 58.999% in Q1 2023 Earnings Season

Superior Drilling Products Inc, a leading provider of drilling solutions to the energy industry, recently released its earnings report for the first quarter of 2023, and the numbers were very strong. The company reported a revenue increase of 58.999% from the previous year, bringing the total revenue to $6.28 million. Additionally, the company's income per share more than doubled, increasing by 116.19% to reach $0.05 per share.
Compared to the previous quarter, Superior Drilling Products Inc also showed impressive growth. Revenue improved by 21.434% from $5.17 million, while the earnings per share more than doubled by 150% from $0.02 per share. The company's earning of $1.513 million in the first quarter of the 2023 earnings season increased by 134.61% from the corresponding quarter a year ago.






 

Superior Drilling Products Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Superior Drilling Products Inc does not provide revenue guidance.

Earnings Outlook
Superior Drilling Products Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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