VYEY Stock Analysis
VY
Uncovered
Victory Oilfield Tech Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Victory Oilfield Tech, Inc. is an oilfield energy technology products company. The Company is focused on enhancing the lifespan of the industry’s equipment’s. The Company operates in one reportable segment, being Hardband Services, which provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing and drill collars. The Company provides and applies wear-resistant alloys for use in the global oilfield services industry. Its wear-resistant alloys reduce drill-string torque, friction, wear and corrosion. It applies its coatings using advanced welding techniques and thermal spray methods. The Company provides tubing and drill-pipe metal coating products, radio frequency identification (RFID) enclosure products, and other services that provide protection and friction reduction for the metal component of a drilling operation.