
Oil industry M&A gains momentum as CRGY, ET, CVE and DTI pursue multibillion-dollar deals to expand operations, boost efficiency and strengthen cash flow.
Drilling Tools International Corporation designs, engineers, manufactures, and provides a rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations in North America, Europe, the Middle East, and Asia-Pacific. The company is headquartered in Houston, Texas.
| Revenue (TTM) | $153.36M |
| Gross Profit (TTM) | $111.19M |
| EBITDA | $29.54M |
| Operating Margin | -2.03% |
| Return on Equity | -2.49% |
| Return on Assets | 0.53% |
| Revenue/Share (TTM) | $4.34 |
| Book Value | $3.39 |
| Price-to-Book | 0.72 |
| Price-to-Sales (TTM) | 0.43 |
| EV/Revenue | 1.062 |
| EV/EBITDA | 5.66 |
| Quarterly Earnings Growth (YoY) | -81.30% |
| Quarterly Revenue Growth (YoY) | -3.40% |
| Shares Outstanding | $35.28M |
| Float | $12.17M |
| % Insiders | 12.40% |
| % Institutions | 27.76% |
Volatility is currently expanding

Oil industry M&A gains momentum as CRGY, ET, CVE and DTI pursue multibillion-dollar deals to expand operations, boost efficiency and strengthen cash flow.

Investors interested in Oil and Gas - Field Services stocks are likely familiar with Drilling Tools International Corp. (DTI) and Baker Hughes (BKR). But which of these two stocks is more attractive to value investors?

DTI aims to expand its international footprint through the Saltire and Foxley deal, with new markets, broader product offerings and potential cash flow gains.

Drilling Tools International NASDAQ: DTI said it has entered into a definitive agreement to acquire Saltire Energy Limited and Foxley Energy Limited, collectively known as Saltire, in a transaction designed to expand its international downhole tool rental operations and increase its exposure to Eastern Hemisphere markets.

Drilling Tools International Corporation (DTI) M&A Call Transcript

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Drilling Tools International Corp. (NASDAQ: DTI) and Saltire Energy Limited and Foxley Energy Limited.Halper Sadeh encourages Drilling Tools shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Drilling Tools and i.

Combination creates a stronger, more diversified global platform Expands Eastern Hemisphere presence to approximately 40% of pro forma revenue Transaction is expected to be immediately accretive to key financial metrics HOUSTON, Oct. 8, 2026 /PRNewswire/ -- Drilling Tools International Corp. (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today announced that it has entered into a definitive agreement to acquire Saltire Energy Limited and Foxley Energy Limited (combined "Saltire"), a leading Aberdeen-based provider of rental drilling tools serving the North Sea, Middle East, Asia Pacific, and other key Eastern Hemisphere growth markets. Total consideration consists of approximately $80 million in cash and 17.4 million shares of DTI common stock, par value $0.0001 per share (the "DTI Common Stock"), subject to customary closing adjustments.

Investors with an interest in Oil and Gas - Field Services stocks have likely encountered both Drilling Tools International Corp. (DTI) and Baker Hughes (BKR). But which of these two stocks is more attractive to value investors?

Drilling Tools International sees softer rental activity, but rising product sales, offshore momentum and stronger second-half trends support its 2026 outlook.

Investors looking for stocks in the Oil and Gas - Field Services sector might want to consider either Drilling Tools International Corp. (DTI) or Core Laboratories (CLB). But which of these two stocks is more attractive to value investors?
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