OverviewSuggest Edit

Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States and internationally. It is involved in the design and manufacture of new drill bit and horizontal drill string enhancement tools for the oil, natural gas, and mining services industries; and the refurbishment of polycrystalline diamond compact drill bits.
TypePublic
Founded1993
HQNaples, UT, US
Websitesdpi.com

Latest Updates

Employees (est.) (Dec 2019)63(-3%)
Revenue (FY, 2019)$19 M(+5%)
Share Price (Jan 2021)$1 (+3%)
Cybersecurity ratingBMore

Key People/Management at Superior Drilling Products

Troy Meier

Troy Meier

Co-Founder, Chief Executive Officer and Chairman of the Board
Annette Meier

Annette Meier

Co-Founder & COO, President and Director
Michael Ronca

Michael Ronca

Independent Director
Jim Lines

Jim Lines

Independent Director
Christopher Cashion

Christopher Cashion

CFO
Robert Iversen

Robert Iversen

Independent Director
Show more

Superior Drilling Products Office Locations

Superior Drilling Products has an office in Naples
Naples, UT, US (HQ)
1583 1700 S St
Show all (1)

Superior Drilling Products Financials and Metrics

Superior Drilling Products Revenue

Embed Graph
View revenue for all periods
Superior Drilling Products's revenue was reported to be $19 m in FY, 2019
USD

Revenue (Q2, 2020)

2.0m

Gross profit (Q2, 2020)

924.8k

Gross profit margin (Q2, 2020), %

45.7%

Net income (Q2, 2020)

(1.2m)

EBIT (Q2, 2020)

(1.1m)

Market capitalization (22-Jan-2021)

24.6m

Closing stock price (22-Jan-2021)

1.0

Cash (30-Jun-2020)

2.5m

EV

29.4m
Superior Drilling Products's current market capitalization is $24.6 m.
Annual
USDFY, 2014FY, 2017FY, 2018FY, 2019

Revenue

20.0m15.6m18.2m19.0m

Revenue growth, %

118%17%

Cost of goods sold

7.0m6.0m7.1m8.2m

Gross profit

13.0m9.6m11.2m10.8m
Quarterly
USDQ1, 2015Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

4.1m3.4m4.0m4.4m4.6m5.4m4.8m5.0m4.5m5.1m5.4m2.0m

Cost of goods sold

1.9m1.2m1.5m1.7m1.8m1.9m1.7m2.0m2.0m2.1m2.3m1.1m

Gross profit

2.2m2.2m2.6m2.7m2.8m3.5m3.1m3.0m2.5m3.0m3.0m924.8k

Gross profit Margin, %

53%65%63%61%61%64%65%59%56%59%57%46%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

5.8m1.3m2.2m2.4m4.3m1.2m

Accounts Receivable

4.4m1.9m1.0m2.7m2.3m3.9m

Prepaid Expenses

163.9k179.5k76.2k111.5k133.6k139.1k

Inventories

1.2m1.4m1.2m1.2m1.0m924.0k
USDQ2, 2014

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.9 x
Show all financial metrics

Superior Drilling Products Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Superior Drilling Products Online and Social Media Presence

Embed Graph

Superior Drilling Products News and Updates

Superior Drilling Products Frequently Asked Questions

  • When was Superior Drilling Products founded?

    Superior Drilling Products was founded in 1993.

  • Who are Superior Drilling Products key executives?

    Superior Drilling Products's key executives are Troy Meier, Annette Meier and Michael Ronca.

  • How many employees does Superior Drilling Products have?

    Superior Drilling Products has 63 employees.

  • What is Superior Drilling Products revenue?

    Latest Superior Drilling Products annual revenue is $19 m.

  • What is Superior Drilling Products revenue per employee?

    Latest Superior Drilling Products revenue per employee is $301.5 k.

  • Who are Superior Drilling Products competitors?

    Competitors of Superior Drilling Products include Robit, Precision Drilling and RCS Group of Companies.

  • Where is Superior Drilling Products headquarters?

    Superior Drilling Products headquarters is located at 1583 1700 S St, Naples.

  • Where are Superior Drilling Products offices?

    Superior Drilling Products has an office in Naples.

  • How many offices does Superior Drilling Products have?

    Superior Drilling Products has 1 office.