Superior Drilling Products Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.63
Dividend & YieldN/A$ (N/A)
Beta 0.16
Market capitalization 33.34M
Operating cash flow 470.99k
ESG Scores unknown

Company description

Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States, Canada, the Middle East, and Eastern Europe. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system. The company also engages in the manufacture and refurbishment of polycrystalline diamond compact drill bits for an oil field services company. It serves oil and natural gas drilling industry. The company was formerly known as SD Company, Inc. and changed its name to Superior Drilling Products, Inc. in May 2014. Superior Drilling Products, Inc. was founded in 1993 and is headquartered in Vernal, Utah.

Sector: Energy - Industry: Oil & Gas Equipment & Services

Financial Ratios
Quick Ratio1.51
Working Capital-0.16
Return On Equity-0.09
Debt To Equity0.04
Fixed Asset Ratio0.02
Fixed Interest Cover-1.09

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -212.01k 257.53k -85.63k 85.02k
Total Cashflows From Investing Activities -745.2k -509.06k -1.02M -886.72k
Net Borrowings -2.01M -3.4M 240.99k -476.09k
Total Cash From Financing Activities -2M -3.48M 240.99k 1.22M
Change To Operating Activities -58.01k -237.95k 205.07k -338.25k
Issuance Of Stock 14.27k 1.7M 1.7M 1.7M
Net Income -58.38k -936.42k -3.43M -529.8k
Change In Cash 1.89M -3.05M 744.43k 860.66k
Effect Of Exchange Rate
Total Cash From Operating Activities 4.63M 937.76k 1.52M 526.16k
Depreciation 3.76M 3.43M 2.82M 2.1M
Change To Account Receivables 393.85k -1.58M 2.5M -1.53M
Other Cashflows From Financing Activities -73.6k -73.6k
Change To Netincome 649.37k 657.24k -503.01k 756.99k
Capital Expenditures -745.2k -509.06k -1.17M -936.72k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -54.73k -917.87k -3.31M -419.05k
Net Income -58.38k -936.42k -3.43M -529.8k
Selling General Administrative 7.11M 8.29M 6.37M 6.2M
Gross Profit 11.17M 10.81M 5.37M 7.72M
Ebit 300.2k -901.77k -3.82M -586.75k
Operating Income 300.2k -901.77k -3.82M -586.75k
Interest Expense -773.68k -764.75k -575.31k -539.39k
Income Tax Expense 3.64k 18.55k 115k 110.75k
Total Revenue 18.25M 19M 10.47M 13.34M
Cost Of Revenue 7.08M 8.18M 5.11M 5.62M
Total Other Income ExpenseNet -354.94k 662.04k 507.73k 167.7k
Net Income From Continuing Ops -58.38k -936.42k -3.43M -529.8k
Net Income Applicable To Common Shares -58.38k -936.42k -3.43M -529.8k

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 12.23M 9.66M 8.82M 8.46M
Total Stockholder Equity 7.41M 7.1M 4.22M 6.15M
Other Current Liabilities 77.3k 106.45k 206.49k
Total Assets 19.64M 16.76M 13.04M 14.61M
Common Stock 25.02k 25.42k 25.76k 28.23k
Other Current Assets 504.88k 80.62k 55.16k
Retained Earnings -32.06M -32.99M -36.42M -36.95M
Treasury Stock
Cash 4.26M 1.22M 1.96M 2.82M
Total Current Liabilities 5.93M 5.81M 3.17M 4.09M
Other Stockholder Equity
Property, Plant, and Equipment 8.23M 8.05M 7.63M 6.95M
Total Current Assets 7.68M 6.64M 4.5M 7.36M
Net Tangible Assets 3.72M 5.12M 3.4M 5.91M
Net Receivables 2.27M 3.85M 1.35M 2.87M
Accounts Payable 721.36k 945.41k 430.01k 1.14M


Insider Transactions

Here are the insider transactions of stock shares related to Superior Drilling Products Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
EBERWEIN JEFFREY EPurchase at price 0.96 - 0.98 per share.I2023-02-23Beneficial Owner of more than 10% of a Class of Security79.84k
EBERWEIN JEFFREY EPurchase at price 0.97 - 0.98 per share.D2023-02-17Beneficial Owner of more than 10% of a Class of Security116.77k
EBERWEIN JEFFREY EPurchase at price 0.80 per share.I2022-12-20Beneficial Owner of more than 10% of a Class of Security29.68k
EBERWEIN JEFFREY EPurchase at price 0.80 per share.I2022-12-13Beneficial Owner of more than 10% of a Class of Security4.57k
EBERWEIN JEFFREY EPurchase at price 0.78 - 0.80 per share.D2022-12-09Beneficial Owner of more than 10% of a Class of Security77.89k
EBERWEIN JEFFREY EPurchase at price 0.80 - 0.82 per share.I2022-12-06Beneficial Owner of more than 10% of a Class of Security38.28k
EBERWEIN JEFFREY EPurchase at price 0.79 - 0.81 per share.I2022-11-30Beneficial Owner of more than 10% of a Class of Security49.46k
CASHION CHRISTOPHER DPurchase at price 0.84 per share.D2019-12-13Chief Financial Officer10k
CASHION CHRISTOPHER DSale at price 1.61 per share.D2018-12-06Chief Financial Officer10.84k
IVERSEN ROBERT E.Purchase at price 2.22 per share.D2018-05-21Director11k
IVERSEN ROBERT E.Purchase at price 1.47 per share.D2017-12-29Director10k
IVERSEN ROBERT E.Purchase at price 0.69 per share.D2017-08-16Director36k
MEIER ANNETTEPurchase at price 0.68 per share.I2017-06-20President3.5k
MEIER G. TROYPurchase at price 0.68 per share.I2017-06-20Chief Executive Officer3.5k
MEIER ANNETTEPurchase at price 0.61 - 0.75 per share.I2017-06-12President30k
MEIER G. TROYPurchase at price 0.61 - 0.75 per share.D2017-06-12Chief Executive Officer30k
MEIER ANNETTEPurchase at price 0.80 per share.I2017-06-01Officer, Director and Beneficial Owner5k
MEIER G. TROYPurchase at price 0.80 per share.D2017-06-01Chief Executive Officer5k
MEIER ANNETTEPurchase at price 0.86 - 0.90 per share.I2017-05-26President2.1k
MEIER G. TROYPurchase at price 0.86 - 0.90 per share.D2017-05-26Chief Executive Officer2.1k
MEIER ANNETTEPurchase at price 0.90 - 0.91 per share.I2017-05-24President10k
MEIER G. TROYPurchase at price 0.90 - 0.91 per share.D2017-05-24Chief Executive Officer10k
LONE STAR VALUE MANAGEMENT L L CSale at price 0.76 - 0.78 per share.I2017-05-18Beneficial Owner of more than 10% of a Class of Security200k
MEIER ANNETTEPurchase at price 0.79 per share.I2017-05-18President10k
MEIER G. TROYPurchase at price 0.79 per share.D2017-05-18Chief Executive Officer10k
LONE STAR VALUE MANAGEMENT L L CSale at price 0.80 - 0.86 per share.I2017-05-16Beneficial Owner of more than 10% of a Class of Security220.28k
LONE STAR VALUE MANAGEMENT L L CPurchase at price 0.80 per share.I2017-04-26Beneficial Owner of more than 10% of a Class of Security5k
LINES JAMES RPurchase at price 1.19 per share.D2016-12-19Director13k
EBERWEIN JEFFREY ESale at price 0.84 per share.I2016-10-26Beneficial Owner of more than 10% of a Class of Security1.73M
EBERWEIN JEFFREY EPurchase at price 0.87 per share.I2016-10-21Beneficial Owner of more than 10% of a Class of Security50k
EBERWEIN JEFFREY EPurchase at price 1.00 - 1.41 per share.I2016-09-30Beneficial Owner of more than 10% of a Class of Security518.54k
EBERWEIN JEFFREY EPurchase at price 1.38 - 1.82 per share.I2016-08-08Beneficial Owner of more than 10% of a Class of Security22.09k
EBERWEIN JEFFREY EPurchase at price 1.50 per share.I2016-04-18Beneficial Owner of more than 10% of a Class of Security5.36k
EBERWEIN JEFFREY EPurchase at price 1.41 per share.I2016-04-12Beneficial Owner of more than 10% of a Class of Security1.6k
EBERWEIN JEFFREY EPurchase at price 1.39 - 1.40 per share.I2016-04-06Beneficial Owner of more than 10% of a Class of Security9.82k
EBERWEIN JEFFREY EPurchase at price 1.40 - 1.41 per share.I2016-04-04Beneficial Owner of more than 10% of a Class of Security78.68k
EBERWEIN JEFFREY EPurchase at price 1.39 - 1.50 per share.I2016-03-30Beneficial Owner of more than 10% of a Class of Security16.5k
EBERWEIN JEFFREY EPurchase at price 1.50 - 1.51 per share.I2016-03-24Beneficial Owner of more than 10% of a Class of Security20k
EBERWEIN JEFFREY EPurchase at price 0.98 - 1.01 per share.I2016-01-22Beneficial Owner of more than 10% of a Class of Security3.5k
EBERWEIN JEFFREY EPurchase at price 0.94 - 1.01 per share.I2016-01-20Beneficial Owner of more than 10% of a Class of Security12.5k
EBERWEIN JEFFREY EPurchase at price 1.00 - 1.01 per share.I2016-01-14Beneficial Owner of more than 10% of a Class of Security21.39k
EBERWEIN JEFFREY EPurchase at price 1.01 per share.I2016-01-11Beneficial Owner of more than 10% of a Class of Security7.04k
EBERWEIN JEFFREY EPurchase at price 1.01 per share.I2016-01-04Beneficial Owner of more than 10% of a Class of Security2.63k
EBERWEIN JEFFREY EPurchase at price 1.01 per share.I2015-12-28Beneficial Owner of more than 10% of a Class of Security6.94k
MEIER ANNETTEPurchase at price 1.70 per share.I2015-09-01Chief Operating Officer5k
MEIER G. TROYPurchase at price 1.70 per share.D2015-09-01Chief Executive Officer5k
MEIER ANNETTEPurchase at price 1.72 per share.I2015-08-28Chief Operating Officer5k
MEIER G. TROYPurchase at price 1.72 per share.D2015-08-28Chief Executive Officer5k
MEIER ANNETTEPurchase at price 1.65 per share.I2015-08-27Chief Operating Officer3.5k
MEIER G. TROYPurchase at price 1.65 per share.D2015-08-27Chief Executive Officer3.5k
MEIER ANNETTEPurchase at price 1.49 - 1.61 per share.I2015-08-26Chief Operating Officer10k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Superior Drilling Products Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Superior Drilling Products Inc

Here is the result of two systematic investment strategies applied to Superior Drilling Products Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Superior Drilling Products Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Superior Drilling Products Inc:

Superior Drilling Products Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 52.32% on the backtest period.

Performance at glance

Performance

52.32 %

Latent gain

916.06 $

Invested capital

1750.86 $

Annualized return

12.76 %
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Momentum strategy results on Superior Drilling Products Inc

This is the result of two momentum investment strategies applied to Superior Drilling Products Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Superior Drilling Products Inc

The following chart shows all the entries opened by the momentum investment system on Superior Drilling Products Inc:

Superior Drilling Products Inc momentum entries
  • The first momentum investment strategy would give 57.82% of return on Superior Drilling Products Inc. That represents 1735.59$ of latent gain with 3001.67$ of employed capital.
  • The second momentum investment strategy would give 48.38% of return on Superior Drilling Products Inc. That represents 1936.12$ of latent gain with 4001.62$ of employed capital.
Performance at glance (1Q Momentum)

Performance

57.82 %

Latent gain

1735.59 $

Invested capital

3001.67 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

48.38 %

Latent gain

1936.12 $

Invested capital

4001.62 $

Annualized return

13.36 %

Momentum equity curve on Superior Drilling Products Inc

The following chart shows the equity curve of the two momentum strategies applied to Superior Drilling Products Inc:

Superior Drilling Products Inc momentum equity

Note: the dividends potentially given by Superior Drilling Products Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Superior Drilling Products Inc

The following chart shows the employed capital evolution of the two momentum strategies on Superior Drilling Products Inc since the beginning:

Superior Drilling Products Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Superior Drilling Products Inc

Buy the dip entry openings on Superior Drilling Products Inc

Superior Drilling Products Inc

The performance achieved by the robo-advisor on Superior Drilling Products Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Superior Drilling Products Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Superior Drilling Products Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Superior Drilling Products Inc

The following chart shows the result of the investment strategy applied to Superior Drilling Products Inc:

Superior Drilling Products Inc

Note: the dividends potentially given by Superior Drilling Products Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Superior Drilling Products Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Superior Drilling Products Inc:

Superior Drilling Products Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Superior Drilling Products Inc

In this section, I will compare the three previous investment strategies applied to Superior Drilling Products Inc.

Equity curve comparison on Superior Drilling Products Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Superior Drilling Products Inc investment strategy comparison

Employed capital comparison on Superior Drilling Products Inc

Superior Drilling Products Inc investment comparison

Performance comparison on Superior Drilling Products Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 52.32% 916.06$ 1750.86$ 12.76%
Momentum 1 quarter 57.82% 1735.59$ 3001.67$ 14.98%
Momentum 2 quarters 48.38% 1936.12$ 4001.62$ 13.36%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

12.76 %

Momentum 1Q

13.36 %

Momentum 2Q

13.36 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Superior Drilling Products Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • Tcr2 Therapeutics Inc

  • Note: The algorithm computes the probability of correlation between Superior Drilling Products Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Superior Drilling Products Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Superior Drilling Products Inc
    Country United States
    City Vernal
    Address 1583 South 1700 East
    Phone 435 789 0594
    Website www.sdpi.com
    FullTime employees 58
    Industry Oil & Gas Equipment & Services
    Sector Energy
    Exchange XNYS
    Ticker SDPI
    Market www.nyse.com

    Superior Drilling Products Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown