Drilling Tools International ( (DTI) ) just unveiled an announcement.
Drilling Tools International Corporation (DTI) recently announced its strategic acquisition of European Drilling Projects (EDP), an Amsterdam-based innovator in drilling technology. EDP, known for its bespoke drilling equipment like the Fixedblade® stabilizer, complements DTI’s portfolio and enhances its global presence. This move signifies DTI’s commitment to technological advancement and positions the company as a leader in the oil and gas industry’s drilling segment. With the EDP team joining DTI, the company looks forward to leveraging EDP’s expertise and market penetration to drive future growth and maintain its competitive edge.
For a thorough assessment of DTI stock, go to TipRanks’ Stock Analysis page.
