Superior Drilling Products
Industrial Machinery & Equipment · Utah, United States · 51-200 Employees
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Overview
Headquarters
1583 S 1700 East, Vernal, Utah, 84078, U...Phone Number
(435) 789-0594Website
www.sdpi.comRevenue
$19.6 MillionStock Symbol
SDPIIndustry
ZI Rank: 1
Signal Type
Jan
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ZI Rank
2
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About Superior Drilling Products
Superior Drilling Products, Inc. is an innovative, cutting-edge drilling tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry. The Company designs, manufactures, repairs and sells drilling tools. SDP drilling solutions include the patented Drill-N-Ream® wellbore conditioning tool and the patented Strider oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for a leading oil field service company. SDP operates a state-of-the-art drill tool fabrication facility, where it manufactures its 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.Explore more
Superior Drilling Products Org Chart
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Superior Drilling Products is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Superior Drilling Products is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Superior Drilling Products.
Superior Drilling Products financials insights
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2014
Stock Offering
$27M
2020
Debt
$350K
Superior Drilling Products Tech Stack
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Superior Drilling Products News & Media
DTI and SDPI announce deadline for election of form of merger consideration - Utah Business
Drilling Tools International Corporation (NASDAQ: DTI) ("DTI") and Superior Drilling Products, Inc. (NYSE: SDPI) ("SDPI") jointly announced today, that in connection with DTI's anticipated and pending acquisition of SDPI (the "Merger"), the deadline for SDPI shareholders to elect the form of merger consideration they wish to receive in the Merger has been set for 5:00 p.m., New York time, on July 29, 2024 (the "Election Deadline").Superior Drilling Products Announces Preliminary Results for Election of Form of Merger Consideration
VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products Announce Preliminary Results for Election of Form of Merger ConsiderationSuperior Drilling Products Shareholders Approve Acquisition by Drilling Tools International
VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced that its shareholders voted to approve the acquisition of SDP by Drilling Tools International Corporation (“DTI”) (Nasdaq: DTI) at the special meeting of shareholders held yesterday. Troy Meier, SDP’s Chairman and CEO, stated, “We are pleased to have reached this important milestone and appreciate the support oDTI and SDPI Announce Deadline for Election of Form of Merger Consideration
HOUSTON and VERNAL, Utah, July 25, 2024 /PRNewswire/ -- Drilling Tools International Corporation (NASDAQ: DTI) ("DTI") and Superior Drilling Products, Inc. (NYSE: SDPI) ("SDPI") jointly announced today, that in connection with DTI's anticipated and pending acquisition of SDPI (the...
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Frequently Asked Questions Regarding Superior Drilling Products
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Superior Drilling Products, Inc. is an innovative, cutting-edge drilling tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry. The Company designs, manufactures, repairs and sells drilling tools. SDP drilling solutions include the patented Drill-N-Ream® wellbore con... Read More
