Previous Close | $2.95 |
AI Value | $99.41 |
Upside potential | +3,270% |
Drilling Tools International Corp. (DTI) is a specialized provider of downhole drilling tools and rental services to the global oil and gas industry. The company operates primarily in North America, offering mission-critical equipment such as drill pipe, tubulars, and related accessories. DTI differentiates itself through its asset-light rental model, which provides flexibility to E&P companies while maintaining high utilization rates. The company serves both onshore and offshore markets, with a focus on complex drilling environments where precision tools are essential.
Patented thread connection technology for extended tool life; real-time tool monitoring systems under development.
DTI presents a leveraged play on oilfield services recovery with its high-margin rental model, though cyclical risks remain pronounced. The company's niche positioning in precision tools provides pricing power, but investors should monitor debt levels and Permian Basin activity closely. Near-term catalysts include fleet utilization improvements and international contract wins, making the stock suitable for risk-tolerant energy sector investors.
Company 10-K filings, Spears & Associates Oilfield Market Report, IBES consensus estimates
Historical valuation data is not available at this time.