Integrated Drilling Equipment Holdings Corp. (IRIG) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerIntegrated Drilling Equipment Holdings Corp. (IRIG) trades at $0.05. Integrated Drilling Equipment Holdings Corp. provides drilling rigs, rig control systems, and refurbishment services to contract drilling companies. Sector: Energy.
Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for IRIG: IRIG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IRIG against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
IRIG: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Integrated Drilling Equipment Holdings Corp. (IRIG) Energy Operations & Outlook
Integrated Drilling Equipment Holdings Corp. manufactures and services drilling rigs and related electrical systems for the oil and gas industry, operating through two segments: Electrical Products & Services and Drilling Products & Services. The company caters to contract drilling companies worldwide, offering refurbishment and reconfiguration services.
What Is the Investment Thesis for IRIG?
Integrated Drilling Equipment Holdings Corp. operates in the cyclical oil and gas industry, making it highly sensitive to commodity price fluctuations and drilling activity. With a negative profit margin of -1.0% and negative free cash flow, the company faces financial challenges. The company's high beta of 15.77 indicates significant volatility relative to the market. Potential investors should closely monitor the company's ability to improve profitability and manage its cash flow, as well as macroeconomic factors influencing the oil and gas sector. Success in securing new contracts and efficiently managing operations will be critical for future growth.
Based on FMP financials and quantitative analysis
IRIG Key Highlights
Gross Margin of 31.6% indicates the company's ability to generate profit from its revenue after accounting for the cost of goods sold.
- Negative Profit Margin of -1.0% suggests the company is currently operating at a loss.
- Negative Free Cash Flow indicates the company is not generating enough cash to cover its operating expenses and capital expenditures.
- The company operates through two segments: Electrical Products and Services, and Drilling Products and Services.
- Beta of 15.77 indicates high volatility compared to the broader market, reflecting the cyclical nature of the oil and gas industry.
Who Are IRIG's Competitors?
IRIG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| RCON Recon Technology, Ltd. | $1.33 | +3.11% | — | |
| STAK STAK Inc. Ordinary Shares | $1.24 | +1.64% | $12.4M | 365-pillar |
| KLXE KLX Energy Services Holdings, Inc. | $1.54 | -0.65% | $31.6M | — |
| GEOS Geospace Technologies Corporation | $5.09 | -1.74% | $65.8M | 305-pillar |
| DTI Drilling Tools International Corp. | $2.63 | +1.15% | $92.4M | 365-pillar |
| DWSN Dawson Geophysical Company | $3.40 | +0.74% | $106M | 435-pillar |
| BOOM DMC Global Inc. | $6.57 | -2.23% | $135M | 345-pillar |
| NINE Nine Energy Service, Inc. | $10.25 | +4.70% | $143M | 435-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IRIG's Key Strengths?
Comprehensive range of products and services for drilling rigs.
- Expertise in both electrical and mechanical aspects of drilling rigs.
- Established presence in the drilling equipment market.
- Ability to provide customized solutions for specific customer needs.
What Are IRIG's Weaknesses?
Negative profit margin and free cash flow.
- High beta indicating significant volatility.
- Dependence on the cyclical oil and gas industry.
- Limited financial resources for expansion and innovation.
What Could Drive IRIG Stock Higher?
IRIG catalyst: Increased drilling activity driven by rising oil prices could lead to higher demand for IRIG's drilling rigs and services.
- Expansion of the Electrical Products and Services segment could drive revenue growth.
- Securing new contracts for rig refurbishment and reconfiguration could boost profitability.
- Potential partnerships with oil and gas companies in emerging markets could expand IRIG's geographic reach.
- Technological advancements in drilling equipment could create opportunities for IRIG to innovate and gain a competitive advantage.
What Are the Key Risks for IRIG?
Financial-distress signal — its Altman Z-Score of 0.18 sits in the distress zone (elevated bankruptcy risk).
- Fluctuations in oil and gas prices could negatively impact drilling activity and demand for IRIG's products and services.
- Intense competition from other drilling equipment manufacturers could put pressure on pricing and margins.
- Increasing environmental regulations could increase compliance costs and limit drilling activity.
- The company's negative profit margin and free cash flow pose a risk to its financial stability.
- Technological obsolescence could render IRIG's products and services less competitive.
What Are the Growth Opportunities for IRIG?
- Expansion of Electrical Products and Services: The increasing complexity of drilling operations necessitates advanced electrical and control systems. IRIG can capitalize on this trend by expanding its offerings in silicon controlled rectifier units, variable frequency drive units, and automation solutions. The market for advanced rig electrical systems is projected to grow as drilling companies seek to improve efficiency and safety. Timeline: Ongoing.
- Rig Refurbishment and Reconfiguration Services: With a large number of aging drilling rigs in operation, the demand for refurbishment and reconfiguration services is expected to remain strong. IRIG can leverage its expertise in this area to secure contracts for upgrading and extending the life of existing rigs. This represents a significant growth opportunity with a steady stream of revenue. Timeline: Ongoing.
- New Rig Fabrication: Despite the cyclical nature of the oil and gas industry, there is a continuous need for new drilling rigs, particularly in emerging markets. IRIG can focus on designing and manufacturing land-based drilling rigs and rig subsystems to meet this demand. This requires strategic partnerships and efficient supply chain management. Timeline: Ongoing.
- Geographic Expansion: IRIG can expand its geographic footprint by targeting regions with growing drilling activity, such as South America and Africa. This requires establishing local partnerships and adapting its products and services to meet the specific needs of each market. Geographic diversification can reduce the company's reliance on any single region. Timeline: 2027-2028.
- Technological Innovation: Investing in research and development to develop innovative drilling technologies can provide IRIG with a competitive advantage. This includes developing more efficient drilling rigs, advanced control systems, and automation solutions. Technological innovation can improve drilling efficiency, reduce costs, and enhance safety. Timeline: Ongoing.
What Are IRIG's Competitive Advantages?
- Established expertise in drilling rig design and manufacturing.
- Comprehensive service offerings covering both electrical and drilling aspects.
- Long-standing relationships with contract drilling companies.
- Specialized knowledge in rig refurbishment and reconfiguration.
What Does IRIG Do?
Integrated Drilling Equipment Holdings Corp., incorporated in 2011 and headquartered in Spring, Texas, specializes in manufacturing and servicing drilling rigs and related equipment for the global oil and gas industry. The company operates through two primary segments: Electrical Products and Services, and Drilling Products and Services. The Electrical Products and Services segment focuses on designing, manufacturing, installing, and servicing rig electrical and control systems. This includes silicon controlled rectifier units, variable frequency drive units, electrical cabling, lighting systems, closed circuit video systems, and gas and fire detection systems. This segment also provides rig power systems, AC and DC drive systems and MCC, electrical rig up, engine generators, automation, controls/sensors, hydraulic power units, other rig related hydraulic solutions, system integration, hydraulic system design, testing, and rig up/support products and services. The Drilling Products and Services segment is responsible for providing drilling rigs and components. This includes designing, manufacturing, and servicing land-based drilling rigs, and rig subsystems and parts. The segment also offers drilling rig services such as mechanical services, assembly testing, rig refurbishment and inspection, new rig fabrication, and completion of land rig packages. Additionally, it fabricates mud tanks, masts and substructures, dog houses, and other drilling rig related products. The company's comprehensive service offerings position it as a key player in supporting the operational needs of contract drilling companies worldwide.
What Products and Services Does IRIG Offer?
- Manufactures drilling rigs for land-based operations.
- Provides rig refurbishment and reconfiguration services.
- Designs and manufactures rig electrical and control systems.
- Offers silicon controlled rectifier units and variable frequency drive units.
- Fabricates mud tanks, masts, and substructures.
- Provides mechanical services, assembly testing, and rig inspection.
- Offers hydraulic system design, testing, and rig up/support products and services.
How Does IRIG Make Money?
- Manufacturing and selling drilling rigs and components.
- Providing electrical products and services for drilling rigs.
- Offering rig refurbishment and reconfiguration services.
- Generating revenue through contracts with drilling companies.
What Industry Does IRIG Operate In?
Integrated Drilling Equipment Holdings Corp. operates within the oil and gas equipment and services industry, a sector heavily influenced by commodity prices and drilling activity. The industry is characterized by intense competition and cyclical demand. Companies in this sector must adapt to fluctuating energy prices and technological advancements. As of 2026, the industry is navigating a complex landscape of increasing environmental regulations and a growing emphasis on sustainable practices. IRIG's success depends on its ability to innovate, control costs, and capitalize on opportunities in both the electrical and drilling segments.
Who Are IRIG's Key Customers?
- Contract drilling companies operating worldwide.
- Oil and gas exploration and production companies.
- Companies requiring rig refurbishment and upgrades.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 20 snapshots
| 2026-08-23 | 49 |
| 2026-08-27 | 49 |
| 2026-08-31 | 49 |
| 2026-09-04 | 49 |
| 2026-09-08 | 49 |
| 2026-09-11 | 49 |
What changed?
The score has stayed at 49.
Over the same 19 days the stock moved +0.0%.
Financial Health
Integrated Drilling Equipment Holdings Corp.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.18 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Integrated Drilling Equipment Holdings Corp. stands at 2.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.5%, showing how much profit it generates from its asset base. A current ratio of 0.44 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -196.6%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
Integrated Drilling Equipment Holdings Corp. operates in the Oil & Gas Equipment & Services industry within the Energy sector. It is headquartered in Spring, US. The company is led by CEO Stephen Dewayne Cope. IRIG has traded publicly since 2011.
IRIG Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Comprehensive range of products and services for drilling rigs.
- Expertise in both electrical and mechanical aspects of drilling rigs.
- Established presence in the drilling equipment market.
- Ability to provide customized solutions for specific customer needs.
Bear Case
- Negative profit margin and free cash flow.
- High beta indicating significant volatility.
- Dependence on the cyclical oil and gas industry.
- Limited financial resources for expansion and innovation.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
IRIG Latest News
No recent news available for IRIG.
IRIG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for IRIG.
Price Targets
Wall Street price target analysis for IRIG.
IRIG MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for IRIG; grades run from A+ (80-100) to F (below 30).
IRIG OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Integrated Drilling Equipment Holdings Corp. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, and trading activity can be sporadic. This tier is often associated with higher risk due to the lack of stringent listing requirements compared to exchanges like NYSE or NASDAQ.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower trading volumes can lead to price volatility.
- Wider bid-ask spreads can increase transaction costs.
- Potential for delisting or trading suspension.
- Higher risk of fraud or manipulation.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's capital structure and debt levels.
- Check for any legal or regulatory issues.
- Monitor trading activity and price volatility.
- Consult with a financial advisor before investing.
- Company has been in operation since 2011.
- Operates in a well-defined industry (Oil & Gas Equipment & Services).
- Provides detailed descriptions of its products and services.
- Headquartered in Spring, Texas.
What Investors Ask About Integrated Drilling Equipment Holdings Corp. (IRIG) — Energy
Is IRIG a good stock?
Stock Expert AI does not rate IRIG buy, sell or hold. Integrated Drilling Equipment Holdings Corp. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about IRIG stock?
As of 2026-03-16, formal analyst coverage of Integrated Drilling Equipment Holdings Corp. (IRIG) is not available. Given its OTC Other listing and market capitalization, the stock may not be actively tracked by major research firms.
What are the key factors to evaluate for IRIG?
Evaluate IRIG on fundamentals, analyst consensus, and risk factors. With a negative profit margin of -1.0% and negative free cash flow, the company faces financial challenges. Not financial advice.
How frequently does IRIG data refresh on this page?
IRIG's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.
What has driven IRIG's recent stock price performance?
Integrated Drilling Equipment Holdings Corp. (IRIG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Comprehensive range of products and services for drilling rigs. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider IRIG overvalued or undervalued right now?
Integrated Drilling Equipment Holdings Corp. (IRIG) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of IRIG?
Yes, most major brokerages offer fractional shares of Integrated Drilling Equipment Holdings Corp. (IRIG) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track IRIG's earnings and financial reports?
Integrated Drilling Equipment Holdings Corp. (IRIG) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for IRIG earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is limited and may not be fully up-to-date.
- OTC market information may be less reliable than exchange-listed data.