Sunday, November 24, 2024

EnerCom Dallas Presenter Superior Drilling Products Showing Technology in ME with Weatherford

Superior Drilling Products, Inc. (ticker: SDPI) will be presenting at the EnerCom Dallas oil and gas investor conference. Superior is a drilling tool technology company based in Vernal, Utah. Q3 2017 highlights Tool revenue increased 72% over prior-year period Revenue nearly doubled to $4.4 million over prior-year quarter Generated $1.7 million in cash from operations in the quarter In Q3

179% Increase in Tools Sales for Superior Drilling Products’ Q2 Update

During its second quarter, Superior Drilling Products (ticker: SDPI) reported revenue of $4.0 million, up from $2.9 million in the previous year’s Q2. The company’s net income was $0.3 million for Q2, up $3.4 million from a Q2, 2016 loss. The company’s Drill-N-Ream®—or DnR—technology increased in sales and the company said that its channel partner successfully achieved its June 2017