Blake DeBerry - DRQ Old President, Chief Executive Officer, Director

DRQDelisted Stock  USD 15.88  0.43  2.78%   

CEO

Mr. Blake T. DeBerry serves as President, Chief Executive Officer, Director of DrilQuip Inc. He was a Class II director and the President and Chief Executive Officer of the Company since October 2011. Prior to that time, he served as our Senior Vice President Sales and Engineering. Mr. DeBerry has filled various engineering and management positions since his employment began with us in 1988, including as Vice President of DrilQuip Asia Pacific PTE. Ltd. based in Singapore since 2020.
Age 60
Tenure 5 years
Phone713 939 7711
Webhttps://www.dril-quip.com
DeBerry holds a BS degree in mechanical engineering from Texas Tech University.

DRQ Old Management Efficiency

DRQ Old's management efficiency ratios could be used to measure how well DRQ Old manages its routine affairs as well as how well it operates its assets and liabilities.
DRQ Old has 17.77 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. DRQ Old has a current ratio of 8.18, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for DRQ to invest in growth at high rates of return.

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Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company was founded in 1981 and is headquartered in Houston, Texas. Dril Quip operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1342 people. DRQ Old (DRQ) is traded on NASDAQ Exchange in USA and employs 1,659 people.

Management Performance

DRQ Old Leadership Team

Elected by the shareholders, the DRQ Old's board of directors comprises two types of representatives: DRQ Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DRQ. The board's role is to monitor DRQ Old's management team and ensure that shareholders' interests are well served. DRQ Old's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DRQ Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
Amy Schwetz, Independent Director
Alexander Shukis, Independent Director
Erin Fazio, Investor Development
Steven Newman, Independent Director
Kyle Mcclure, Chief Financial Officer, Vice President
Raj Kumar, Chief Financial Officer, Vice President, Principal Financial and Accounting Officer
Blake DeBerry, President, Chief Executive Officer, Director
Donald Underwood, Vice Products
John Lovoi, Independent Chairman of the Board
Darryl Willis, Independent Director
Carri Lockhart, Independent Director
John Mossop, Vice Transition
James Webster, Vice President, General Counsel, Secretary
Terence Jupp, Independent Director
Jeffrey Bird, Chief Financial Officer, Senior Vice President - Production Operations
Mahesh Puducheri, Vice Officer

DRQ Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DRQ Old a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with DRQ Old

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DRQ Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DRQ Old will appreciate offsetting losses from the drop in the long position's value.

Moving together with DRQ Stock

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  0.79AULT AULT Old Symbol ChangePairCorr

Moving against DRQ Stock

  0.84T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr
  0.84DIS Walt DisneyPairCorr
  0.82BKNG Booking HoldingsPairCorr
  0.79AXP American Express Fiscal Year End 24th of January 2025 PairCorr
  0.78AMKBY AP Moeller MaerskPairCorr
The ability to find closely correlated positions to DRQ Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRQ Old when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DRQ Old - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DRQ Old to buy it.
The correlation of DRQ Old is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DRQ Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRQ Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DRQ Old can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Consideration for investing in DRQ Stock

If you are still planning to invest in DRQ Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the DRQ Old's history and understand the potential risks before investing.
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