Freestone Resources (OTCMKTS:FSNR – Get Free Report) and Drilling Tools International (NASDAQ:DTI – Get Free Report) are both oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, dividends, earnings and valuation.
Insider & Institutional Ownership
2.8% of Drilling Tools International shares are held by institutional investors. 13.3% of Freestone Resources shares are held by company insiders. Comparatively, 14.7% of Drilling Tools International shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Freestone Resources and Drilling Tools International’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Freestone Resources | N/A | N/A | N/A |
Drilling Tools International | 7.85% | 16.64% | 9.96% |
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Freestone Resources | 0 | 0 | 0 | 0 | N/A |
Drilling Tools International | 0 | 1 | 1 | 0 | 2.50 |
Drilling Tools International has a consensus price target of $5.25, indicating a potential upside of 40.00%. Given Drilling Tools International’s higher possible upside, analysts clearly believe Drilling Tools International is more favorable than Freestone Resources.
Valuation and Earnings
This table compares Freestone Resources and Drilling Tools International”s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Freestone Resources | N/A | N/A | N/A | N/A | N/A |
Drilling Tools International | $152.03 million | 0.86 | $14.75 million | $0.43 | 8.72 |
Drilling Tools International has higher revenue and earnings than Freestone Resources.
Summary
Drilling Tools International beats Freestone Resources on 8 of the 8 factors compared between the two stocks.
About Freestone Resources
Freestone Resources, Inc. is an oil and gas technology development company, which engages in the development and marketing of technologies and solvents. The company was founded on January 22, 1997 and is headquartered in Ennis, TX.
About Drilling Tools International
Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment. In addition, it offers tool rental services, which consists of rental, inspection, machining, and repair services; rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas; rents kellys, pip joints, work strings; maintains a fleet of rental equipment consisting of drill collars, stabilizers, crossover subs, wellbore conditioning tools, drill pipe, hevi-wate drill pipe, and tubing; rents surface control equipment, such as blowout preventers and handling tools; and provides downhole products for producing wells. Drilling Tools International Corporation is headquartered in Houston, Texas.
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