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Last $0.60 USD
Change Today 0.00 / 0.00%
Volume 0.0
DPDW On Other Exchanges
As of 8:10 PM 07/29/15 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
07/31/14 - $1.85
52 Week Low
05/7/15 - $0.49
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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. The company 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. It 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, the company 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. It 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.

90 Employees
Last Reported Date: 03/31/15
Founded in 1997

deep down inc (DPDW) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $443.5K
Executive Chairman and Chief Financial Office...
Total Annual Compensation: $373.5K
Corporate Controller
Total Annual Compensation: $197.5K
Compensation as of Fiscal Year 2014.

deep down inc (DPDW) Key Developments

Deep Down, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Deep Down, Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of USD 6,839,000 against USD 6,163,000 a year ago. Operating loss was USD 230,000 against operating income of USD 69,000 a year ago. Loss before income taxes was USD 291,000 against income before income taxes of USD 381,000 a year ago. Net loss was USD 297,000 or USD 0.02 per basic and diluted share against net income of USD 372,000 or USD 0.02 per basic and diluted share a year ago. Modified EBITDA was USD 275,000 against USD 987,000 a year ago. Cash used in operating activities was USD 322,000 against USD 46,000 a year ago. The USD 0.6 million increase in revenue is due primarily to mobilization, assembly and rental revenues earned by with respect to 3,500 MT carousel. The USD 0.7 million decrease in modified EBITDA is primarily attributable to a USD 0.4 million decrease in gain on sale of property, plant and equipment and a USD 0.3 million increase in operating expenses before depreciation, amortization and share-based compensation expense.

Deep Down, Inc. to Report Q1, 2015 Results on May 18, 2015

Deep Down, Inc. announced that they will report Q1, 2015 results at 2:15 PM, GMT Standard Time on May 18, 2015

Deep Down, Inc., Q1 2015 Earnings Call, May 18, 2015

Deep Down, Inc., Q1 2015 Earnings Call, May 18, 2015


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