What does DRQ mean in NYSE SYMBOLS
Dril-Quip, Inc. is a leading manufacturer of highly engineered deepwater drilling and production equipment used by oil and gas companies in offshore environments worldwide. By leveraging over four decades of engineering and manufacturing experience, it provides technologically advanced solutions to help its customers meet ever-increasing demands for greater efficiency and reliability. Its products range from subsea wellheads, trees, forgings and connections to horizontal drill pipes, production tools, remotely operated vehicles (ROVs), pressure control equipment, flexible pipe systems and other specialty items. With its extensive product portfolio, Dril-Quip offers powerful solutions to increase efficiency, performance and safety in the most challenging offshore operations.
DRQ meaning in NYSE Symbols in Business
DRQ mostly used in an acronym NYSE Symbols in Category Business that means Dril-Quip, Inc.
Shorthand: DRQ,
Full Form: Dril-Quip, Inc.
For more information of "Dril-Quip, Inc.", see the section below.
» Business » NYSE Symbols
Explanation
DRQ stands for Dril-Quip, Inc., a global leader in the design and manufacture of high-performance equipment for the offshore oil & gas industry. Founded in 1972 by Wilfred H. Bell Jr., the company today employs more than 4500 people worldwide with offices located across Asia Pacific & Middle East, Europe & Africa as well as North & South America. It specializes in producing deepwater drilling systems that can operate up to 10,000 feet below sea level using state-of-the-art technology to provide superior performance in harsh conditions; these include subsea wellheads along with trees and other structures used for connecting production wells on remote offshore sites. Furthermore it offers horizontal drill pipes that ensure maximum efficiency while drilling horizontally at depths of up to 12 thousand feet; it also produces pressure control equipment such as blowout preventers that are used to control pressures generated during drilling operations as well as specialised tools for vehicle operation both remotely and through underwater robotics.
Essential Questions and Answers on Dril-Quip, Inc. in "BUSINESS»NYSESYMBOLS"
What is Dril-Quip, Inc.?
Dril-Quip, Inc. is a global provider of highly engineered offshore drilling and production equipment that is well suited for use in deepwater, harsh environment, and severe service applications. Their products are used by major integrated, independent and national oil companies and some leading drilling contractors.
Who uses Dril-Quip's products?
Dril-Quip's products are used by major integrated, independent and national oil companies as well as some of the leading drilling contractors around the world.
Where is Dril-Quip located?
Dril-Quip has locations based in Houston (United States), Rio de Janeiro (Brazil), Aberdeen (Scotland), Singapore, Shanghai (China) and Dubai (United Arab Emirates).
What kind of services does Dril-Quip provide?
In addition to providing high quality products, Dril-Quip also offers engineering design and analysis services related to its product lines, including Field Service Management and Technical Assistance services.
How can I purchase a product from Dril-Quip?
Customers can contact the sales team at any one of their office locations or alternatively they can make inquiries via their website at www.drilquip.com/contactus.html
Does Dril-Quip offer after sale support services?
Yes, indeed! In addition to providing high quality products to customers, Dril - Quip also offers after sale support services such as Field Service Management and Technical Assistance services to help optimize customer operations.
Does Dril - Quip offer training courses for its customers?
Yes! The company has an extensive range of training courses available for their customers ranging from onsite technical assistance programs to online training modules to help ensure successful product installation and safely maintain operations over time. To learn more please visit www.drillquip.com/training/index_en.html
Does Dril - Quip have any investor relations programs available?
Yes they do! The company periodically holds Investor Conferences as well as various investor events throughout the year where investors can get detailed updates on the company's performance along with information such as financial results, capital expenditures plans etc. Investors may also buy or sell shares through direct channels on their website at www.drillquip.com/investor_relations/shareholders_information/.
Final Words:
To summarize DRQ stands for Dril-Quip Inc., a premier provider of high quality drilling systems that are designed specifically for harsh offshore environments found all over the world. By accurately calculating risks associated with extreme depths and difficult terrain, their products enable users to achieve optimal results safely while improving efficiency at every step of the way. As such DRQ has become synonymous with reliable quality that meets both specific customer requirements yet passes all industry regulations ensuring safety regardless of operating conditions.