| Business Summary | | Omega
Protein
Corporation
operates
within
one
industry
segment,
menhaden
fishing.
The
Company's
marine
protein
operations
involve
the
production
and
sale
of
a
variety
of
protein
products
derived
from
menhaden,
a
species
of
fish
found
along
the
Gulf
of
Mexico
and
Atlantic
coasts.
Omega
is
a
processor,
marketer
and
distributor
of
marine
products
(fishmeal)
and
fats
(fish
oil)
in
the
United
States.
The
Company
processes
several
grades
of
fishmeal,
regular
or
FAQ
meal
and
specialty
meals,
as
well
as
fish
oil
and
fish
solubles.
The
Company's
fishmeal
products
are
primarily
used
as
a
protein
ingredient
in
animal
feed
for
poultry,
swine,
cattle,
aquaculture
and
household
pets.
The
Company's
fish
oil
is
primarily
used
as
an
ingredient
in
margarine
and
shortening.
The
Company's
fish
solubles
are
sold
primarily
to
livestock
feed
manufacturers
and
for
use
as
an
organic
fertilizer. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Omega
Protein
Corporation
produces
and
markets
a
variety
of
products
produced
from
menhaden,
a
fish
found
in
commercial
quantities,
including
specialty
fish
meals,
fish
oils
and
fish
solubles.
For
the
three
months
ended
3/31/01,
revenues
decreased
2%
to
$19
million.
Net
loss
decreased
58%
to
$377
thousand.
Revenues
reflect
decreased
prices
for
the
Company's
fish
oil
and
lower
sales
volumes.
Net
loss
reflects
lower
S/G/A
expenses
due
to
a
reduction
in
employee
staff. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
18,992;
after
tax
earnings
were
-21. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Avram Glazer, 38 Chairman | -- | Joseph Von Rosenberg III, 41 CEO,
Pres | $288K | Robert Stockton, 48 Exec.
VP, CFO, Sec. | 194K | Jonathan Specht, 42 VP-Operations | -- | Bernard White, 52 Corp.
VP | -- | Dollar amounts are as of 30-Sep-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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