Drilling Tools Internat Corp (DTI) - Monday, Jul 29, 2024

129 Views30 Oct 2024 11:35
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SUMMARY
  • Drilling Tools International Corporation went public via SPAC last year and has a material weakness in its internal controls
  • The company pays a management fee to its private equity owner but has seen its stock almost double in the last few months
  • DTI rents and sells downhole and wellbore conditioning tools for drilling oil and gas wells, with a strong market share and competitive position in the industry, showing potential for growth even in an industry downturn.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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