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Stock Market & Financial Investment News

News Breaks
May 29, 2014
16:20 EDTSDPISuperior Drilling acquires Hard Rock Solutions for $12.5M
Superior Drilling Products announced that it has acquired Hard Rock Solutions for $12.5M in conjunction with the closing of its initial public offering. The company acquired Hard Rock's patented Drill N Ream well bore technology; a unique reaming assembly technology which has been used in over 850 horizontal wells since 2011.
News For SDPI From The Last 14 Days
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September 16, 2014
09:05 EDTSDPISuperior Drilling patent boosts long-term outlook, says Roth Capital
After Superior Drilling announced it had been awarded a second patent on its Drill N' Ream tool, Roth Capital thinks the new patent strengthens the long-term outlook for pricing and margins for the tool. The firm raised its price target on the name to $8 from $7.25 and keeps a Buy rating on the shares.

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