| Business Summary | | Dril-Quip,
Inc.
is
a
manufacturers
of
engineered
offshore
drilling
and
production
equipment
that
is
well
suited
for
use
in
deepwater,
harsh
environment
and
severe
service
applications.
The
Company
designs
and
manufactures
subsea
equipment,
surface
equipment
and
offshore
rig
equipment
for
use
by
major
integrated,
large
independent
and
foreign
national
oil
and
gas
companies
in
offshore
areas
throughout
the
world.
The
Company's
principal
products
consist
of
subsea
and
surface
wellheads,
subsea
and
surface
production
trees,
mudline
hanger
systems,
specialty
connectors
and
associated
pipe,
drilling
and
production
riser
systems,
wellhead
connectors
and
diverters.
The
Company
also
provides
installation
and
reconditioning
services
and
rents
running
tools
for
use
in
connection
with
the
installation
and
retrieval
of
its
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Dril-Quip,
Inc.
designs
and
manufactures
highly
engineered
offshore
drilling
and
production
equipment
for
use
in
deepwater,
harsh
environment
and
severe
service
applications,
and
provides
installation
and
reconditioning
services.
For
the
six
months
ended
6/30/01,
revenues
rose
29%
to
$96
million.
Net
income
rose
13%
to
$5.9
million.
Results
reflect
higher
domestic
sales
due
to
increased
exploration
activity,
partially
offset
by
higher
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Larry Reimert, 53 Co-Chairman,
Co-CEO | $741K | Gary Smith, 58 Co-Chairman,
Co-CEO | 741K | J. Mike Walker, Ph.D., 57 Co-Chairman,
Co-CEO | 741K | Jerry Brooks, 49 CFO | 166K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|