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Home > Company Index > Energy > Oil & Gas Services > Hanover Compressor Company

Hanover Compressor Company
NYSE: HC
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 NEWS FROM THE WIRES
Hanover Compressor ups bond sale 83 pct to $550 mln
Aug 17 2001 05:26 AM PDT

US Corp Bonds - Mostly firm; bank and finance wider
Aug 15 2001 07:12 AM PDT

Hanover Compressor 2nd-quarter net up over 80 pct
Aug 09 2001 04:36 AM PDT

Hanover Compressor to sell $300 mln secured notes
Aug 07 2001 03:15 PM PDT

WRAPUP 1-US stocks rebound on earnings; bonds, dollar drop
Jul 25 2001 03:11 PM PDT

More WIRE STORIES about this company

 PROFILE
Applying pressure is Hanover Compressor's forte -- the company rents and repairs compressors and performs natural gas compression services for oil and gas companies. It has a fleet of more than 4,800 mobile compressors ranging from 24 to 5,000 horsepower. The company's Hanover Maintech and Hanover Dresser-Rand subsidiaries make compressor units, while Hanover Smith and Hanover Applied Process Solutions make oil and gas production equipment. Hanover Compressor, which operates throughout the Americas, has expanded by buying rival OEC Compression and Dresser-Rand's compressor services unit, and it has agreed to buy Schlumberger's gas compression business. Investment firm GKH Partners owns 25% of the company.

 COMPETITION
Schlumberger Limited (SLB)
Universal Compression Holdings, Inc. (UCO)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 603.80
1-Yr. Sales Growth: 90.5%
Employees: 2,700
Revenue per employee: $223,629.63

 KEY PEOPLE
• Michael J. McGhan
    CEO
• William S. Goldberg
    CFO

 CONTACT INFO
12001 N. Houston Rosslyn
Houston, TX 77086
US
Phone: 281-447-8787
Fax: 281-447-8781
Online: Web Site

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