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DTI / Drilling Tools International: Significantly Undervalued Oil, And Gas Play
Drilling Tools International has lowered its guidance but still expects close to 2-3x adjusted EBITDA with a 33.5% EBITDA margin. The directional drilling solutions services market is expected to grow at a CAGR of 9.5% from now to 2030, which could lead to FCF margin growth. The company's solid balance sheet, lack of debt, and potential for increased stock visibility suggest that it is significantly undervalued.
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Posted: Aug 22 2023, 04:39
Author Name: Seeking Alpha
Views: 110299
DTI News
By Seeking Alpha
August 22, 2023
Drilling Tools International: Significantly Undervalued Oil, And Gas Play
Drilling Tools International has lowered its guidance but still expects close to 2-3x adjusted EBITDA with a 33.5% EBITDA margin. The directional dril more_horizontal