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OTCM
IRIG
Market cap440kUSD
Nov 03, Last price  
0.05USD
Name

Integrated Drilling Equipment Holdings Corp

Chart & Performance

D1W1MN
OTCM:IRIG chart
P/E
P/S
0.01
EPS
Div Yield, %
Shrs. gr., 5y
Rev. gr., 5y
%
Revenues
87m
-15.86%
163,620,000284,244,000103,748,00087,294,000
Net income
-866k
L-88.69%
2,142,000-1,268,000-7,660,000-866,000
CFO
1m
-51.90%
25,805,000-9,825,0002,214,0001,065,000

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Profile

Integrated Drilling Equipment Holdings Corp., based in Spring, Texas, supplies contract drilling enterprises worldwide with a comprehensive range of drilling rigs, their associated control systems, and various components. The company also specializes in refurbishing and reconfiguring existing rigs. Its operations are distinctly divided into two primary segments: Electrical Products and Services, and Drilling Products and Services. The Electrical Products and Services division is responsible for the design, fabrication, installation, and maintenance of critical electrical and control infrastructure for drilling rigs. This encompasses a broad range of offerings, such as silicon controlled rectifier (SCR) and variable frequency drive (VFD) units, comprehensive electrical cabling, advanced lighting and closed-circuit video systems, gas and fire detection mechanisms, and robust communication platforms. Furthermore, this segment provides integrated rig power systems, including AC and DC drive systems and motor control centers (MCC), electrical rig-up services, engine generators, automation solutions, controls/sensors, hydraulic power units, and other hydraulic system designs, integration, testing, and support. Conversely, the Drilling Products and Services segment focuses on delivering complete drilling rigs and their essential parts. It designs, manufactures, and services land-based drilling rigs, alongside individual subsystems and components. This segment’s service portfolio includes mechanical services, assembly testing, rig refurbishment and inspection, the fabrication of new rigs, and the comprehensive completion of land rig packages. Additionally, it undertakes the fabrication of key structural elements like mud tanks, masts, substructures, dog houses, and a variety of other drilling rig-related products.
URL
IPO date
Aug 12, 2011
Employees
Domiciled in
US
Incorporated in
US

Valuation

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