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Dril-Quip has the Highest Gross Margin in the Oil & Gas Equipment & Services Industry (DRQ, MIND, CRR, OYOG, CLB)

Written on Wed, 07/28/2010 - 4:20am
By Chip Brian

Below are the top five companies in the Oil & Gas Equipment & Services industry as ranked by gross margin. Gross Margin tells you how many of your sales dollars are profit. If efficiency is improved, more profits will result.
Dril-Quip (NYSE:DRQ) has gross margin of 42.6%, a sales growth of 11.8%, and trailing 12 months sales of $555.2 million.
Mitcham Industries (NASDAQ:MIND) has gross margin of 40.4%, a sales growth of 55.6%, and trailing 12 months sales of $61.1 million.
CARBO Ceramics (NYSE:CRR) has gross margin of 34.5%, a sales growth of 36.2%, and trailing 12 months sales of $374.7 million.
OYO Geospace (NASDAQ:OYOG) has gross margin of 33.4%, a sales growth of 30.9%, and trailing 12 months sales of $100.6 million.
Core Laboratories (NYSE:CLB) has gross margin of 32.3%, a sales growth of 18.9%, and trailing 12 months sales of $736.6 million.
SmarTrend is bullish on shares of CRR and our subscribers were alerted to Buy on June 03, 2010 at $69.62. The stock has risen 15.1% since the alert was issued.

Keywords: keywords: nyse:drq dril-quip gross margin

Ticker(s): DRQ MIND CRR OYOG CLB

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