Superior Drilling Products

Superior Drilling Products, Inc. engages in the manufacture, repair, sale and rental of drilling tools for the oil and natural gas drilling industry. Its drilling solutions include the patented Drill-N-Ream well bore conditioning tool, Strider oscillation system technology, completion tools, V-Stream, DR Stringer, and PDC Bit Repair. The firm also produces and refurbishes polycrystalline diamond compact drill bits for oil field service firms. The company was founded by Annette Deuel Meier and Gilbert Troy Meier in 1993 and is headquartered in Vernal, UT.

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Superior Drilling Products is a manufacturer of drilling and completion tool technologies. The Business seeks to improve production efficiencies for the oil and natural gas drilling sector by offering outlay solutions. It creates, engineers, produces, retails, and fixes drilling and completion equipment all around the world. The patented drill-N-ream well bore conditioning tool and the strider drill string oscillation system technology are two of the company's drilling solutions. For oil field servicing firms, the company also manufactures and refurbishes polycrystalline diamond compact drill bits. It runs a drill tool fabrication factory and produces drilling industry solutions in addition to customer-specific items for many other uses.

Drilling Tools International Corp

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced that its shareholders voted to approve the acquisition of SDP by Drilling Tools International Corporation (“DTI”) (Nasdaq: DTI) at the special meeting of shareholders held yesterday. Troy Meier, SDP's Chairman and CEO, stated, “We are pleased to have reached this important milestone and appreciate the support o.

Superior Drilling Products Shareholders Approve Acquisition by Drilling Tools International

HOUSTON and VERNAL, Utah , July 25, 2024 /PRNewswire/ -- Drilling Tools International Corporation (NASDAQ: DTI) ("DTI") and Superior Drilling Products, Inc. (NYSE: SDPI) ("SDPI") jointly announced today, that in connection with DTI's anticipated and pending acquisition of SDPI (the "Merger"), the deadline for SDPI shareholders to elect the form of merger consideration they wish to receive in the Merger has been set for 5:00 p.m., New York time, on July 29, 2024 (the "Election Deadline").

DTI and SDPI Announce Deadline for Election of Form of Merger Consideration

NEW ORLEANS , July 17, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

SUPERIOR DRILLING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI

Called on Company to Explore Strategic Alternatives in 2022 and Again in 2023 Star Equity Fund Will Vote FOR the Sale to Drilling Tools International OLD GREENWICH, Conn., July 08, 2024 (GLOBE NEWSWIRE) --  Star Equity Fund, LP and affiliates (“Star Equity Fund”, “we”, “our”), an approximate 10% shareholder of Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDPI” or the “Company”), announced today a successful conclusion to its campaign at SDPI.

Star Equity Fund Issues Statement on Successful Campaign at Superior Drilling Products

NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Superior Drilling Products, Inc. ( NYSE : SDPI ), relating to its proposed merger with Drilling Tools International Corp. for a combination of cash and Drilling Tools Stock.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Superior Drilling Products, Inc. – SDPI

NEW YORK , July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Superior Drilling Products, Inc. (NYSE: SDPI ), relating to its proposed merger with Drilling Tools International Corp. for a combination of cash and Drilling Tools Stock.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of Superior Drilling Products, Inc. - SDPI

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today reported financial results for the first quarter ended March 31, 2024. On March 7, 2024, Drilling Tools International Corp. (“DTI”) (Nasdaq: DTI) and SDP jointly announced they have entered into a definitive agreement under which DTI agreed to acquire SDP for total consideration of approximately $32.2 million. The closin.

Superior Drilling Products Reports First Quarter 2024 Results

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Superior Drilling Products, Inc. (the "Company") (NYSE: SDPI) to Drilling Tools International Corp. (NasdaqCM: DTI) for approximately $32.2 million in cash and Drilling Tools stock. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration.

SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPI

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results.

Superior Drilling Products Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Superior Drilling Products, Inc. (NYSE American: SDPI) to Drilling Tools International Corp. for approximately $32.2 million in cash and Drilling Tools stock is fair to Superior Drilling shareholders. Halper Sadeh encourages Superior Drilling shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sade.

SDPI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Superior Drilling Products, Inc. Is Fair to Shareholders

Acquisition furthers DTI's growth strategy to be a premier provider of quality solutions and services for the global oil & gas drilling industry Integrating SDP's patented Drill-N-Ream® well bore conditioning tool into DTI's fleet of technologies provides expanded geographic market potential and is anticipated to lower capital requirements and operating costs as well as improve operational efficiencies Combining SDP's manufacturing expertise into DTI's broad-reaching and well -established global sales channels HOUSTON and VERNAL, Utah , March 7, 2024 /PRNewswire/ -- Drilling Tools International Corp. ("DTI") (NASDAQ: DTI) and Superior Drilling Products, Inc. ("SDP") (NYSE American: SDPI), today announced they have entered into a definitive agreement under which DTI agreed to acquire SDP for total consideration of approximately $32.2 million payable in cash and DTI stock. The transaction was unanimously approved by the Board of Directors of DTI and SDP and a Special Committee of the Board of Directors of SDP.

Drilling Tools International Corp. to Acquire Superior Drilling Products, Inc.

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VERNAL, Utah--(BUSINESS WIRE)--SDPI Q4 2023 Teleconference Announcement.

Superior Drilling Products to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 7

Superior Drilling Products, Inc. (NYSE:SDPI ) Q3 2023 Earnings Conference Call November 9, 2023 12:00 PM ET Company Participants Craig Mychajluk - IR Christopher Cashion - CFO Troy Meier - Chairman and CEO Conference Call Participants Dick Ryan - Oak Ridge Financial Operator Ladies and gentlemen, greetings, and welcome to the Superior Drilling Products Third Quarter 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Superior Drilling Products, Inc. (SDPI) Q3 2023 Earnings Call Transcript

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products Reports Third Quarter 2023 Results.

Superior Drilling Products Reports Third Quarter 2023 Results

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products to Report Third Quarter 2023 Financial Results and Host Conference Call on November 9.

Superior Drilling Products to Report Third Quarter 2023 Financial Results and Host Conference Call on November 9

VERNAL, UT / ACCESSWIRE / September 19, 2023 / Superior Drilling Products, Inc. (NYSE American:SDPI) ("SDP" or the "Company"), a designer and manufacturer of drilling tool technologies, announced that Troy Meier, Chairman and Chief Executive Officer, and Christopher Cashion, Chief Financial Officer, will present and be available for investor meetings at iAccess Alpha's Virtual Microcap Conference on September 26 and 27, 2023. The Company's presentation will begin at 12:30 pm Eastern Time on Tuesday, September 26, 2023.

Superior Drilling Products, Inc. to Webcast Presentation at iAccess Alpha's Virtual Microcap Conference

Superior Drilling Products, Inc. (NYSE:SDPI ) Q2 2023 Earnings Conference Call August 14, 2023 12:00 PM ET Company Participants Christopher Cashion - Chief Financial Officer Troy Meier - Chairman and Chief Executive Officer Conference Call Participants Richard Ryan - Oak Ridge Financial Services John Bair - Ascend Wealth Advisors Operator Greeting. Welcome to the Superior Drilling Products Second Quarter 2023 Financial Results.

Superior Drilling Products, Inc. (SDPI) Q2 2023 Earnings Call Transcript

VERNAL, Utah--(BUSINESS WIRE)--SDPI Q2 FY23 Financial Results Release.

Superior Drilling Products, Inc. Revenue Grew 18% to $5.4 million with Earnings per Share of $0.01 in Second Quarter 2023

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Enters Into New Loan and Line of Credit Agreement.

Superior Drilling Products, Inc. Enters Into New Loan and Line of Credit Agreement

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products (NYSE American: SDPI) to Report Second Quarter 2023 Financial Results and Host Conference Call on August 14.

Superior Drilling Products to Report Second Quarter 2023 Financial Results and Host Conference Call on August 14

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Retains Piper Sandler & Co. as Financial Advisor to Evaluate Strategic Alternatives.

Superior Drilling Products, Inc. Retains Piper Sandler & Co. as Financial Advisor to Evaluate Strategic Alternatives

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Superior Drilling Products, Inc. (NYSE:SDPI ) Q1 2023 Earnings Conference Call May 11, 2023 8:30 AM ET Company Participants Craig Mychajluk – Kei Advisors LLC Chris Cashion – Chief Financial Officer Troy Meier – Chairman and Chief Executive Officer Conference Call Participants Dick Ryan – Oak Ridge Financial Ignacio Bernaldez – EF Hutton John Sturges – Oppenheimer and Company Operator Good morning ladies and gentlemen, and welcome to Superior Drilling Products First Quarter 2023 Financial Results. At this time, all participants are in a listen-only mode.

Superior Drilling Products, Inc. (SDPI) Q1 2023 Earnings Call Transcript

VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) Revenue Grew 52% to $6.3 million with Expanded Margins and EPS of $0.05 in First Quarter 2023.

News for Superior Drilling Products Stock (SDPI)