GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Drilling Tools
Drilling Tools International supplies oil and gas drilling tools. Its stock price is cyclical and directly correlates with drilling activity. Its stock price serves as a barometer of the health of the oilfield services sector, particularly onshore in the United States.
Share prices of companies in the market segment - Oil and gas services
Drilling Tools International is a company that manufactures and rents drilling equipment for the oil and gas industry, including stabilizers and drill pipe. We classify it as "Oil and Gas Services." The chart below shows the dynamics of this important sector.
Broad Market Index - GURU.Markets
Drilling Tools International is a company that rents and manufactures drilling equipment for the oil and gas industry. As a key supplier, it is included in our GURU.Markets index. The chart below shows the overall market trend. Compare it with the DTI to assess the state of this sector.
Change in the price of a company, segment, and market as a whole per day
DTI - Daily change in the company's share price Drilling Tools
For Drilling Tools International, daily price volatility is a direct measure of sensitivity to activity in the oil and gas industry. This indicator reflects the reaction to energy prices and demand for drilling equipment, and is key to sector analysis.
Daily change in the price of a set of shares in a market segment - Oil and gas services
For Drilling Tools International, daily price volatility is a direct measure of sensitivity to activity in the oil and gas industry. This indicator reflects the reaction to energy prices and demand for drilling equipment, and is key to sector analysis.
Daily change in the price of a broad market stock, index - GURU.Markets
Drilling Tools International supplies equipment to the oil and gas industry. The company's business is directly dependent on drilling activity and energy prices. Its shares are a prime example of how the volatility of the commodities sector is transmitted to the stock market, shaping its daily performance.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Drilling Tools
Drilling Tools International Corp.'s year-over-year performance is a barometer of activity in the oil and gas industry. Its market capitalization growth over the past 12 months is directly linked to rental demand for its drilling equipment. The increasing number of drilling rigs in the US and abroad provides the company with a stable order flow and reflects investment in production.
Annual dynamics of market capitalization of the market segment - Oil and gas services
Drilling Tools International Corp. is a supplier of drilling equipment for the oil and gas industry. Its business is cyclical and directly dependent on drilling activity. The chart clearly demonstrates this strong sensitivity to investment cycles in the energy sector and commodity prices.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Drilling Tools, a supplier of equipment for the oil and gas industry, is a barometer of capital expenditures in the sector. Its stock price closely follows drilling cycles. The company's chart is a classic cyclical story, reflecting the level of optimism in the global energy industry.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Drilling Tools
Drilling Tools International supplies tools to the oil and gas industry. Its business is directly dependent on drilling activity. Monthly fluctuations in its price are closely correlated with oil prices and the number of operating drilling rigs, which drives rental demand for its equipment.
Monthly dynamics of market capitalization of the market segment - Oil and gas services
Drilling Tools International Corp. is a supplier of rental tools for the oil and gas industry, including drill pipe, stabilizers, and other well drilling equipment. Its sector dynamics, shown in the chart, are cyclical and dependent on drilling activity. Against this backdrop, one can appreciate how its extensive inventory and service network help serve its customers.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Drilling Tools International supplies equipment to the oil and gas industry. The company's shares are cyclical and directly dependent on oil prices and drilling volumes. The chart clearly demonstrates how monthly share price fluctuations reflect the state of the energy sector, often moving out of phase with technology companies.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Drilling Tools
Drilling Tools International, a supplier of drilling tools for the oil and gas industry, whose weekly stock price is a barometer of drilling activity. Oil prices and the number of operating drilling rigs directly impact demand for its products, shaping short-term trends.
Weekly dynamics of market capitalization of the market segment - Oil and gas services
Drilling Tools International supplies drilling tools to the oil and gas industry. Its revenue is directly dependent on field activity and oil prices. Comparing its weekly performance with the service sector on this chart will show whether it follows industry cycles or has an operational advantage.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Drilling Tools is a supplier of equipment for the oil and gas industry. Its business is entirely dependent on oil and gas production. The chart below shows how DTI shares amplify movements in oil prices and the broader market, reflecting the industry's highly cyclical nature.
Market capitalization of the company, segment and market as a whole
DTI - Market capitalization of the company Drilling Tools
Drilling Tools' market capitalization is a financial toolkit for the oil and gas industry. This drilling equipment supplier's stock price reflects activity at the oil fields. Its dynamics are a direct barometer of the number of operating drilling rigs and investment in exploration and production, making it sensitive to energy prices.
DTI - Share of the company's market capitalization Drilling Tools within the market segment - Oil and gas services
Drilling Tools' market share in the oilfield services sector reflects its role as a specialized manufacturer and supplier of drilling equipment. Its market share is directly dependent on activity in the oil and gas industry, energy prices, and demand for its well tools.
Market capitalization of the market segment - Oil and gas services
Drilling Tools International supplies drilling equipment to the oil and gas industry. The chart below shows the total market capitalization of the entire oilfield services sector. Its cyclical dynamics are directly dependent on drilling volumes and investment in exploration and production.
Market capitalization of all companies included in a broad market index - GURU.Markets
Drilling Tools International is a company that leases and services drilling tools for the oil and gas industry. Its market capitalization is dependent on its activity in this sector. The chart below shows the economic importance of service companies supporting oil production.
Book value capitalization of the company, segment and market as a whole
DTI - Book value capitalization of the company Drilling Tools
Drilling Tools International's book value is derived from its vast fleet of specialized drilling equipment leased for rental. The chart below is an inventory of its assets. Its dynamics are closely linked to drilling cycles in the oil and gas industry.
DTI - Share of the company's book capitalization Drilling Tools within the market segment - Oil and gas services
Drilling Tools International supplies drilling equipment to the oil and gas industry. Its strength lies in its extensive fleet of tools, which it leases. The sector share chart directly reflects the scale of its physical well drilling arsenal.
Market segment balance sheet capitalization - Oil and gas services
Drilling Tools International supplies drilling tools. Its business is highly tangible: it operates warehouses, service centers, and a vast fleet of drill bits and other equipment for rent. This chart illustrates how dependent the entire oilfield services industry is on owning and maintaining this equipment.
Book value of all companies included in the broad market index - GURU.Markets
Drilling Tools' assets include factories and warehouses stocked with drill pipe, stabilizers, and other equipment for the oil and gas industry. The company's book value directly reflects its physical assets, which are essential consumables for well drilling.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Drilling Tools
Drilling Tools International supplies oil and gas drilling tools. Its business is based on a large fleet of equipment, which it leases. Market capitalization is a barometer of drilling activity. The chart shows how the valuation of these tangible assets is directly related to oil prices and the number of operating drilling rigs.
Market to book capitalization ratio in a market segment - Oil and gas services
Drilling Tools International supplies drilling equipment to the oil and gas industry. It's a classic service business, whose value is tied to its equipment fleet. The chart shows how the market values โโthese physical assets based on current drilling activity and oil prices.
Market to book capitalization ratio for the market as a whole
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. The chart shows how the market values โโthis service contractor, whose business is cyclical. Its market capitalization is closely tied to the value of its equipment fleet but fluctuates significantly depending on drilling activity, which, in turn, depends on oil prices.
Debts of the company, segment and market as a whole
DTI - Company debts Drilling Tools
Drilling Tools International supplies specialized oil and gas drilling equipment through a rental model. Debt is an integral part of the business, as it is used to finance a large fleet of drilling tools. This chart shows how the company invests in its core production assets.
Market segment debts - Oil and gas services
Drilling Tools International supplies and rents drilling tools to the oil and gas industry. Their business is directly dependent on drilling activity. This chart shows the typical debt load for the oilfield services sector, where capital is used to maintain and expand the fleet of expensive equipment needed to service production companies.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Drilling Tools
Drilling Tools International supplies equipment and services for oil and gas drilling. This sector is highly cyclical and heavily dependent on oil prices. This chart shows the company's debt load. High debt levels during a market downturn can become a serious problem for DTI, and this metric helps assess this risk.
Market segment debt to market segment book capitalization - Oil and gas services
Drilling Tools, a drilling equipment manufacturer and rental business, is directly dependent on activity in the oil and gas industry. This chart shows the overall debt burden in the oilfield services sector. It allows one to assess how resilient the company's financial position is to cyclical downturns in oil prices compared to other drilling equipment suppliers.
Debt to book value of all companies in the market
Drilling Tools International supplies equipment to the oil and gas industry. It's a cyclical business, with demand and capital investment fluctuating widely. The chart shows how the company manages its debt during booms and busts in the industry compared to more stable economic sectors.
P/E of the company, segment and market as a whole
P/E - Drilling Tools
This chart shows the valuation of Drilling Tools International, a supplier of drilling equipment to the oil and gas industry. For a company in the cyclical oilfield services sector, this metric reflects investor expectations regarding drilling activity. It is sensitive to oil and gas prices, which drive investment in production.
P/E of the market segment - Oil and gas services
This chart shows the average valuation of companies in the oilfield services sector, where Drilling Tools operates. In this highly cyclical industry, the average valuation can fluctuate widely. It serves as a barometer of overall investor sentiment and provides key context for understanding how a company is valued relative to the broader industry.
P/E of the market as a whole
Drilling Tools International supplies drilling equipment and services to the oil and gas industry. The company's business is directly dependent on drilling activity, which, in turn, is driven by oil and gas prices. This chart reflects the state of the energy sector. It's a good indicator: rising energy prices lead to increased drilling activity and, consequently, increased revenue and Drilling Tools' valuation.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Drilling Tools
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. The company's future revenues are directly dependent on drilling activity, which, in turn, is determined by oil and gas prices. This chart reflects market expectations regarding investment in hydrocarbon exploration and production and demand for the specialized equipment the company provides.
Future (projected) P/E of the market segment - Oil and gas services
Drilling Tools International supplies and leases drilling equipment to oil and gas companies. The company's business is directly dependent on drilling volumes and activity in the oilfield services industry. The chart shows average expectations for the sector, allowing one to assess the market's perception of this equipment supplier's prospects in the cyclical energy industry.
Future (projected) P/E of the market as a whole
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. Their business is directly dependent on drilling activity. This chart of overall market expectations is an indicator of energy demand. Investor optimism reflects confidence in economic growth, which requires more oil and gas, encouraging drilling companies to lease more equipment from DTI.
Profit of the company, segment and market as a whole
Company profit Drilling Tools
Drilling Tools International supplies and rents drilling tools to the oil and gas industry. This chart closely correlates with drilling activity. The company's profit is directly dependent on the number of operating drilling rigs and the demand for its equipment from service and production companies. Oil prices are a key leading indicator.
Profit of companies in the market segment - Oil and gas services
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Overall market profit
Drilling Tools International supplies drilling equipment and services to the oil and gas industry. Demand for its products is directly dependent on drilling volumes, which in turn are driven by oil and gas prices. The company's financial results are an accurate indicator of investment activity in the energy sector.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Drilling Tools
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. The company's profit forecast is directly dependent on onshore drilling activity in North America and other regions. This chart is an indicator of analysts' expectations for capital expenditures by oilfield service and production companies.
Future (predicted) profit of companies in the market segment - Oil and gas services
Drilling Tools International supplies and rents drilling equipment for the oil and gas industry. The company provides the tools needed for well drilling onshore and offshore. This chart shows profitability forecasts for the oilfield services sector. It reflects drilling activity, which is directly dependent on oil prices and the investment plans of drilling companies.
Future (predicted) profit of the market as a whole
Drilling Tools International supplies equipment and tools to the oil and gas industry. Its business is directly dependent on drilling volumes, which are determined by energy prices and the investment plans of drilling companies. The corporate profit forecasts shown here correlate with energy demand expectations and, consequently, with DTI's client activity.
P/S of the company, segment and market as a whole
P/S - Drilling Tools
Drilling Tools International supplies drilling equipment and services to oil and gas companies. Its revenue is directly dependent on onshore and offshore drilling activity. This chart shows how investors value its business, which is an accurate barometer of the state of the oilfield services industry and capital expenditure expectations of upstream companies.
P/S market segment - Oil and gas services
Drilling Tools International is a company that rents and sells drilling tools used in the oil and gas industry. Its revenue is directly dependent on drilling activity and capital expenditures of energy companies. This chart shows the average valuation in the sector, allowing one to assess how the market values โโDTI's business model in a cyclical industry.
P/S of the market as a whole
Drilling Tools International supplies drilling tools and services to the oil and gas industry. The company's business is directly dependent on drilling activity and oil prices. This chart shows average investor estimates of revenue and provides insight into how the valuation of this cyclical service business aligns with overall market and industry trends.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Drilling Tools
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. This chart shows how investors assess the company's future earnings. These dynamics are closely linked to onshore drilling activity, which, in turn, depends on oil and gas prices, which drive investment by mining companies.
Future (projected) P/S of the market segment - Oil and gas services
Drilling Tools International supplies and rents a wide range of drilling equipment for the oil and gas industry. The company provides the tools needed for drilling and completing wells. The chart shows how the market views DTI's future revenue, which is an indicator of drilling activity and capital expenditures by oil and gas companies.
Future (projected) P/S of the market as a whole
Investor sentiment regarding future revenues is closely tied to activity in the oil and gas sector. Drilling Tools International supplies drilling equipment and services to companies engaged in oil and gas production. Demand for its tools directly correlates with drilling volumes, making it a barometer of investment activity in this fundamental sector.
Sales of the company, segment and market as a whole
Company sales Drilling Tools
Drilling Tools International supplies drilling equipment and related services to the oil and gas industry. The company's revenue is generated by leasing and selling tools needed for well drilling. This chart serves as a barometer of activity in the oil and gas exploration and production sector, as demand for its products grows alongside drilling activity.
Sales of companies in the market segment - Oil and gas services
Drilling Tools International supplies and leases a wide range of drilling equipment to oil and gas companies. This chart shows total revenue in the oilfield services sector. It directly correlates with drilling activity onshore and offshore: the more wells drilled, the higher the demand for the company's equipment and services, reflecting the pulse of the entire production industry.
Overall market sales
Drilling Tools International (DTI) leases drilling equipment to oil and gas companies. Demand for its services is directly dependent on drilling activity. This overall economic activity is an indicator of energy demand, which, in turn, determines oil and gas prices and stimulates (or slows) drilling activity, which is key to DTI.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Drilling Tools
Drilling Tools International supplies drilling equipment and services to oil and gas companies. Demand for its products is directly dependent on drilling activity at oil and gas fields. This chart reflects analyst revenue expectations, which serve as an indicator of their forecasts for energy prices and capital expenditures in the industry.
Future (projected) sales of companies in the market segment - Oil and gas services
Drilling Tools International supplies drilling equipment and related services to the oil and gas industry. Demand for the company's products is directly dependent on drilling volumes and capital expenditures of oil companies. This chart shows projected revenues for the entire oilfield services sector, reflecting analyst expectations for activity in the upstream industry.
Future (projected) sales of the market as a whole
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. Demand for its services is directly dependent on activity in the exploration and production sector. This general economic activity pattern influences global oil and gas demand, which determines drilling volumes and, consequently, DTI revenue.
Marginality of the company, segment and market as a whole
Company marginality Drilling Tools
Drilling Tools International supplies and rents drilling tools to the oil and gas industry. This metric reflects its operational efficiency in a cyclical sector. It shows what percentage of its service revenue the company converts into net profit, which is highly dependent on drilling activity and energy prices.
Market segment marginality - Oil and gas services
Drilling Tools International supplies drilling equipment and related services to the oil and gas industry. The company's profitability is directly dependent on drilling activity and efficient equipment fleet management. This metric demonstrates its operating profitability in the cyclical oilfield services industry compared to its competitors.
Market marginality as a whole
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. Their business is directly dependent on drilling activity, which, in turn, is driven by oil and gas prices. This overall profitability curve is an indicator of energy demand. Economic growth leads to increased drilling activity and, consequently, DTI revenue.
Employees in the company, segment and market as a whole
Number of employees in the company Drilling Tools
Drilling Tools International supplies drilling equipment to the oil and gas industry. Its business is directly dependent on field activity. This chart serves as a barometer of the sector's health. The growth in the number of technical specialists and service personnel is directly related to the increasing number of operating drilling rigs and demand for its services.
Share of the company's employees Drilling Tools within the market segment - Oil and gas services
Drilling Tools International supplies and rents drilling equipment to the oil and gas industry. This chart shows the company's share of the total number of drilling tool service technicians. It demonstrates its role as a key employer in the supply chain that supports drilling rig operations.
Number of employees in the market segment - Oil and gas services
Drilling Tools International Corp. rents and sells drilling tools for the oil and gas industry. This chart shows overall employment in the oil and gas services sector. Its cyclical nature reflects drilling activity, which is dependent on oil prices. DTI is a vital link in the supply chain, providing drilling companies with the necessary equipment.
Number of employees in the market as a whole
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. The company's business is directly dependent on drilling volumes and investment in exploration and production. This overall employment graph correlates strongly with cycles in the energy sector, where the activity of such service companies is an indicator of activity and job creation in the industry.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Drilling Tools (DTI)
Drilling Tools International supplies and leases drilling equipment for the oil and gas industry. This chart reflects the capital intensity of the business. Moderate to low capitalization per employee is typical for service companies, where costs are determined by a large fleet of expensive equipment and the staff required to maintain and operate it.
Market capitalization per employee (in thousands of dollars) in the market segment - Oil and gas services
Drilling Tools International supplies equipment and tools to the oil and gas industry. This is an industrial business where the balance between product quality and operational efficiency is crucial. This metric, compared to competitors, helps evaluate the company's labor productivity and technological advancement. It demonstrates how effectively the company utilizes its personnel and assets.
Market capitalization per employee (in thousands of dollars) for the overall market
Drilling Tools International supplies drilling equipment and services to the oil and gas industry. It is a service and manufacturing business whose fortunes are closely tied to sector activity. The company's employee valuation reflects the effective use of assets (equipment) and personnel to fulfill contracts with drilling companies.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Drilling Tools (DTI)
Drilling Tools International (DTI) is an oilfield services company. They don't drill wells, but rather lease and service drilling equipment (pipes, stabilizers). It's a capital-intensive rental business. This chart shows how effectively their field personnel and technicians generate net profit from this equipment fleet.
Profit per employee (in thousands of dollars) in the market segment - Oil and gas services
Drilling Tools provides specialized equipment for the oil and gas industry. In this cyclical sector, this metric is a key performance indicator. The chart sets the bar. DTI's profitability per employee is directly dependent on drilling activity and how efficiently the company leases its equipment fleet, maximizing its utilization.
Profit per employee (in thousands of dollars) for the market as a whole
Drilling Tools (DTI) provides equipment and services for the oil and gas industry, specifically drilling tools. Their business is cyclical and directly dependent on sector activity. This metric reflects how efficiently the company utilizes its personnel (engineers, technicians) to generate profit at current oil prices.
Sales to employees of the company, segment and market as a whole
Sales per company employee Drilling Tools (DTI)
For Drilling Tools International, a rental equipment supplier for the oil and gas industry, this chart reflects sector activity. Revenue per employee growth is directly related to increased drilling activity and demand for drilling tools, making it a barometer of the health of the entire industry.
Sales per employee in the market segment - Oil and gas services
Drilling Tools International (DTI) supplies and leases drilling equipment for the oil and gas industry. It is a B2B service business. This metric measures average revenue per employee within the segment. It helps assess how productive DTI's personnel (technicians, salespeople) are in servicing oilfield service contracts compared to competitors.
Sales per employee for the market as a whole
Drilling Tools (DTI) manufactures and leases specialized equipment for oil and gas drilling (e.g., drill pipe). This metric is highly dependent on activity in the oil and gas sector. The increase in revenue per employee (technician, engineer) indicates high demand for equipment rentals and efficient fleet management.
Short shares by company, segment and market as a whole
Shares shorted by company Drilling Tools (DTI)
Drilling Tools International (DTI) supplies drilling equipment and services to the oil and gas industry. It's a highly cyclical business, entirely dependent on drilling activity. This chart shows how many investors are betting that oil and gas prices will fall, leading to a reduction in drilling activity and, consequently, a drop in demand for DTI's services.
Shares shorted by market segment - Oil and gas services
Drilling Tools (DTI) manufactures and rents drilling equipment (drilling collars, subs) used in oil and gas production. It is a classic service company. This chart shows the aggregate short position in the oilfield service equipment sector. It reflects investor bets on a slowdown in drilling activity, likely due to expectations of lower oil prices.
Shares shorted by the overall market
Drilling Tools (DTI) supplies equipment for the oilfield services industry. This sector lives in fear of a recession. When this indicator of overall pessimism rises, it reflects precisely this fear. Investors are betting on a decline in oil demand, which will lead to an immediate reduction in drilling activity and orders.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Drilling Tools (DTI)
Drilling Tools (DTI) is a "library" of tools for the oil and gas industry. They don't drill, but rather rent out equipment (downhole tools). Their business is a barometer of drilling activity. This chart measures when investors are overbuying shares due to rising well counts or overselling them due to fears of a downturn.
RSI 14 Market Segment - Oil and gas services
Drilling Tools (DTI) is an oilfield services company. They rent specialized equipment (drill pipes, stabilizers) for drilling oil and gas wells. The "Oil and Gas Services" sector is thriving. RSI_14_Seg shows whether the entire sector is overheated. This helps distinguish whether DTI's growth is a niche or a general boom.
RSI 14 for the overall market
Drilling Tools (DTI) supplies drilling equipment. This chart is a barometer of capital expenditures. During periods of euphoria and high oil prices, companies build new facilities, demanding DTI equipment. In moments of panic, these multi-billion dollar projects are put on hold.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast DTI (Drilling Tools)
Drilling Tools International (DTI) is an oilfield services company that leases and services downhole tools used in oil and gas well drilling. This chart shows the average analyst price target, which is directly related to their forecasts for drilling activity in North America.
The difference between the consensus estimate and the actual stock price DTI (Drilling Tools)
Drilling Tools International isn't a well drilling company, but rather a rental company that leases critical equipment (drill pipe, stabilizers) to drilling contractors. This chart shows the difference between the current price and the analyst consensus forecast. It reflects their view on the level of drilling activity in North America.
Analyst consensus forecast for stock prices by market segment - Oil and gas services
Drilling Tools (DTI) is a company that doesn't drill, but rents out drilling consumables: drill pipe, stabilizers, and well tools. This chart shows analysts' general expectations for the oilfield services sector. It reflects whether experts believe drilling activity will grow in North America.
Analysts' consensus forecast for the overall market share price
Drilling Tools International (DTI) is not a driller. The company leases and services drilling tools (drill string components). This chart reflects the general expectations of experts. For DTI, whose business is directly dependent on drilling activity, the overall market optimism (linked to oil prices) is a signal for increased investment in production.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Drilling Tools
Drilling Tools (DTI) is a pick and shovel used for drilling. They don't drill, but rather manufacture and rent consumablesโcritical equipment (such as stabilizers and drill pipe) used downhole during drilling. This chart is a barometer of rig counts. Its dynamics are directly related to drilling activity (not oil prices) in the US and the Middle East.
AKIMA Market Segment Index - Oil and gas services
Drilling Tools International (DTI) is a company that rents equipment for the oil and gas industry, specifically downhole tools. This chart shows the average index for the oil and gas services sector. It helps investors assess how DTI, operating in a cyclical industry, is outperforming or underperforming the average.
The AKIM Index for the overall market
Drilling Tools International is a rental supplier of specialized drilling tools (stabilizers, drill pipe) for the oil and gas industry. This chart, which reflects the market average, provides background information. It helps assess how the DTI, which depends on onshore and offshore drilling rig activity, compares to the overall macroeconomic picture.