Dril-Quip Inc., Houston, (NYSE: DRQ) reports co-chairman and co-chief executive Gary D. Smith, with principal responsibility for sales, service, training and administration, died overnight on Sept. 24. He was 66.
Smith has been the director, sales, service, training and administration, and a member of the board, since the company's inception in 1981. Prior to that, he was general manager and vice president, salves and service, for Vetco Offshore Inc.
Recommended Reading
Delek Logistics Closes Acquisition of Permian’s H2O Midstream
2024-09-12 - Delek Logistics closed a $230 million deal to expand its water midstream service in the Permian Basin with the acquisition of H2O Midstream, which overlaps with Delek's Midland Basin footprint.
Same Game, Fewer Players: Midstream M&A Stands Apart from E&P Sector
2024-07-15 - The midstream M&A market typically follows the E&P sector by a few months. But some aspects of the market are different this time around.
Bayou Midstream Secures New Equity Commitment from EIV Capital
2024-09-18 - Bayou Midstream II’s commitment from EIV Capital follows Bayou’s predecessor company's successful exit of Bakken infrastructure in 2024 to Bridger Pipeline.
Analysts: Midstream MLPs Outperforming S&P in 2024
2024-08-14 - The midstream sector has been able to take advantage as capex spending slows and cash flows increase.
Post Oak, Genesis Park Sell Permian’s Layne Water Midstream
2024-07-10 - PE firms Post Oak Energy Capital and Genesis Park sold the Delaware Basin’s Layne Water Midstream to an undisclosed buyer.