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Dril-Quip, Inc. (DRQ)

NYSE - Nasdaq Real Time Price. Currency in USD
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43.22-0.23 (-0.52%)
As of 11:02AM EDT. Market open.
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Dril-Quip, Inc.

6401 North Eldridge Parkway
Houston, TX 77041
United States
713-939-7711
http://www.dril-quip.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees2,082

Key Executives

NameTitlePayExercisedAge
Mr. Blake T. DeBerryChief Exec. Officer, Pres and Director946.18k99.73k57
Mr. James A. GariepyChief Operating Officer and Sr. VP883.46kN/A60
Mr. Jerry M. BrooksVP of Investor Relations515.56k321.32k65
Mr. James C. WebsterVP, Gen. Counsel and Sec.469.74kN/A47
Mr. Jeffrey J. BirdChief Financial Officer and VPN/AN/A50
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates through three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. The company’s principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, and diverters, as well as consumable downhole products. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of the its products. The company’s products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as offshore drilling contractors, and engineering and construction companies. The company was founded in 1981 and is headquartered in Houston, Texas.

Corporate Governance

Dril-Quip, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 5. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 9; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.