Last $0.80 USD
Change Today +0.039 / 5.12%
Volume 21.8K
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As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

deep down inc (DPDW) Snapshot

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52 Week High
04/23/14 - $2.10
52 Week Low
12/23/14 - $0.61
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deep down inc (DPDW) Details

Deep Down, Inc., an oilfield services company, provides specialized services to the offshore energy industry to support deepwater and ultra-deepwater exploration, development, and production of oil and gas, and other maritime operations in the United States. It offers engineering and management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operations services; well-commissioning services; and construction support and remote operated vehicles (ROV) operations support services. The company also provides project management and engineering; spooling; testing and commissioning; storage management; ROV and ROV tooling services comprising platform inspection, platform installation and abandonment, search and recovery, salvage, subsea sampling and intervention, telecommunication cable inspection, anchor handling, ROV consulting and project management, ROV pilots and technicians, and underwater cinematography services; and recovered subsea distribution assets refurbishment and repurposing services, as well as offers support for offshore interventions. In addition, it offers installation support equipment, and component parts and assemblies for subsea distribution systems, including flying leads, umbilical hardware, installation aids, riser isolation valves and subsea isolation valves, and installation aids services, as well as buoyancy and non-helical umbilical products. The company serves oil and gas companies, subsea equipment manufacturers, subsea equipment installation contractors, offshore drilling contractors, engineering and construction companies, and other companies involved in maritime operations. Deep Down, Inc. was founded in 1997 and is headquartered in Houston, Texas.

84 Employees
Last Reported Date: 03/28/14
Founded in 1997

deep down inc (DPDW) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $412.1K
Executive Chairman and Chief Financial Office...
Total Annual Compensation: $362.4K
Principal Accounting Officer and Corporate Co...
Total Annual Compensation: $184.4K
Compensation as of Fiscal Year 2013.

deep down inc (DPDW) Key Developments

Deep Down, Inc. Receives Flying Lead Order Valued at Approximately $3 Million

Deep Down, Inc. announced it has received a order of approximately $3 million for flying leads and ancillary equipment directly from one of the supermajor operators. The flying leads will be delivered and deployed in the Gulf of Mexico by the first quarter of 2016.

Deep Down Receives Orders Totaling More Than $3 Million

Deep Down, Inc. announced it has received multiple orders for flying leads and offshore installation equipment. The flying leads will be deployed in West Africa, South East Asia and the Gulf of Mexico, while the installation equipment is for use in both the Gulf of Mexico and West Africa. All of the products are for expansion phases of projects in which the company has had previous involvement. With the $3 million in orders, backlog has increased to over $30 million.

Deep Down, Inc., Q3 2014 Earnings Call, Nov 17, 2014

Deep Down, Inc., Q3 2014 Earnings Call, Nov 17, 2014


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