Drilling Tools International Corporation (DTI) M&A Call Transcript
Drilling Tools International Corporation (DTI) M&A Call Transcript
Stock Taper 
DTI
$2.01
▼ DOWN 14.83% (-0.35)
KEY STATISTICS
Market Cap$70.98 M
52w High$4.69
52w Low$1.87
Dividend Yield—
Frequency—
P/E201.00
Volume996.32K
Shares Out.35.14M
COMPANY
LEADERSHIP
CHIEF EXECUTIVE
R. Wayne Prejean
COMPENSATION 2026
Salary$600,000
Stock Awards$0
Incentive Plan Pay$533,925
All Other Comp.$24,610
Total$2,920,147
ABOUT
SECTOR
Energy
WENT PUBLIC
December 29, 2021
METHOD OF GOING PUBLIC
N/A
FULL TIME EMPLOYEES
432
PRICE TARGET
Target High$2.80
Target Low$2.80
Target Median$2.80
Target Consensus$2.80
UPCOMING EARNINGS
DateNov 5, 2026
DayThursday
Rev. Est.$41.19M
NOV
5
THU
ETFS HOLDING THIS STOCK
ETFS HOLDING
23
LISTED HERE
5
RANKED BY POSITION SIZE
INSTITUTIONAL OWNERSHIP
SHARES OWNED
13.63%
HOLDERS
77
TOP 8 OF 77 · RANKED BY POSITION SIZE
PRICE
$2.01 ▼ DOWN 14.83% (−$0.35)About Drilling Tools International Corp.
https://www.drillingtools.com ↗Drilling Tools International Corp. provides oilfield equipment and services—including downhole tools, wellbore technologies, and pressure control equipment—to the oil and gas industry across North America, Europe, and the Middle East.
INDUSTRY
Oil & Gas Equipment & Services
A PRODUCT DRILLING TOOLS INTERNATIONAL CORP. IS KNOWN FOR
Drill-N-Ream®
A patented wellbore conditioning tool integrated into the drill string that simultaneously drills and reams, eliminating dedicated reaming trips, saving rig time, and reducing operational costs for oil and gas companies.
Drilling Tools International in 2025
SENTIMENT: → NEUTRAL
LEADERSHIP · DECEMBER 2025
Drilling Tools International's Stock Surges Nearly 15% Following the Announcement of Chairman Thomas O. Hicks Sr.'s Death
In a surprising market reaction, the announcement of the passing of Drilling Tools International's Chairman, Thomas O. Hicks Sr., on December 9, 2025, was met with a significant increase in the company's stock price. This counterintuitive rally put a spotlight on the company, prompting discussions among investors about the company's future direction and governance.
ACQUISITION · JANUARY 2025 · COMPLETED
Drilling Tools International Acquires UK-Based Titan Tools Services to Accelerate International Expansion
Drilling Tools International Corp. completed its acquisition of Titan Tools Services Ltd., a UK-based downhole tool rental company, to significantly expand its footprint in the North Sea, European, and African markets. This move is central to DTI's global growth strategy, enhancing its technological capabilities and product offerings for the oil, gas, and geothermal industries.
Latest News
EARLIER COVERAGE
DTI Stock Alert: Halper Sadeh LLC is Investigating Whether Drilling Tools International Corp. is Obtaining a Fair Price for its Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Drilling Tools International Corp. (NASDAQ: DTI) and Saltire Energy Limited and Foxley Energy Limited.Halper Sadeh encourages Drilling Tools shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Drilling Tools and i.
Drilling Tools International Corp. Signs Definitive Agreement to Acquire Saltire Energy Limited & Foxley Energy Limited
Combination creates a stronger, more diversified global platform Expands Eastern Hemisphere presence to approximately 40% of pro forma revenue Transaction is expected to be immediately accretive to key financial metrics HOUSTON, Oct. 8, 2026 /PRNewswire/ -- Drilling Tools International Corp. (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it has entered into a definitive agreement to acquire Saltire Energy Limited and Foxley Energy Limited (combined "Saltire"), a leading Aberdeen-based provider of rental drilling tools serving the North Sea, Middle East, Asia Pacific, and other key Eastern Hemisphere growth markets. Total consideration consists of approximately $80 million in cash and 17.4 million shares of DTI common stock, par value $0.0001 per share (the "DTI Common Stock"), subject to customary closing adjustments.
RATINGS SNAPSHOT
Overall rating: C+
Discounted Cash Flow3
Return On Equity1
Return On Assets1
Debt To Equity1
Price To Earnings1
Price To Book5
Overall Score2
SECTORS PEERS
| PEER | PRICE | |
|---|---|---|
 AROC | $30.29 | COMPARE |
 EFXT | $23.67 | COMPARE |
 NESR | $23.26 | COMPARE |
 INVX | $27.49 | COMPARE |
 FTK | $27.44 | COMPARE |
 FET | $83.77 | COMPARE |
 ACDC | $4.67 | COMPARE |
 RNGR | $15.37 | COMPARE |
INSIDER TRADES
★
OFFICER: PRESIDENT, DTR DIVISION
Domino Michael Wayne Jr.
Sale · 2.1K shares
2026-08-14
★
OFFICER: PRESIDENT, DTR DIVISION
Domino Michael Wayne Jr.
Sale · 7.5K shares
2026-02-28
★
OFFICER: VICE PRESIDENT OF SALES
Rodriguez Aldo
Sale · 7.6K shares
2026-02-28
★
OFFICER: SEE REMARKS
Pope Trent
Sale · 4.4K shares
2026-02-28