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Drilling Tools International ( (DTI) ) just unveiled an announcement.
Drilling Tools International Corp. has completed the acquisition of UK-based Titan Tools Services Ltd., enhancing its product offerings and strengthening its presence in key markets such as the North Sea, Europe, and Africa. This acquisition is expected to expand DTI’s technological capabilities and customer relationships, accelerating market adoption of innovative tools while integrating Titan into DTI’s operations to leverage synergies and ensure business continuity.
More about Drilling Tools International
Drilling Tools International Corp. (DTI) is a Houston-based leading oilfield services company that specializes in the design, engineering, manufacturing, and rental of downhole drilling tools for onshore and offshore operations. The company operates from 16 service and support centers across North America and 11 international centers in EMEA and APAC regions, catering to the oil, gas, and geothermal industries.
Average Trading Volume: 54,349
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $113.5M
For a thorough assessment of DTI stock, go to TipRanks’ Stock Analysis page.
