| Business Summary | | Lone
Star
Technologies
Inc.
is
a
domestic
manufacturer
of
premium
welded
"oil
country
tubular
goods,"
which
are
steel
tubular
products
used
in
the
completion
and
production
of
oil
and
natural
gas
wells.
The
Company
is
a
major
manufacturer
of
line
pipe,
which
is
used
in
the
gathering
and
transmission
of
oil
and
natural
gas.
In
addition,
the
Company
is
a
manufacturer
of
specialty
tubing
products
used
in
power
technology,
automotive,
construction,
agricultural,
and
industrial
applications.
The
Company
began
producing
and
marketing
oil
country
tubular
goods
and
other
tubular
products
over
45
years
ago. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lone
Star
Technologies
is
a
management
and
holding
company
operating
in
three
business
segments:
oilfield
products,
specialty
tubing
products,
and
flat
rolled
steel
and
other
tubular
products
and
services.
For
the
six
months
ended
6/30/01,
revenues
rose
16%
to
$363.8
million.
Net
income
rose
87%
to
$29.7
million.
Revenues
benefited
from
an
increase
in
oilfield
product
shipments
and
pricing.
Net
income
reflects
an
improved
gross
profit
margin
and
lower
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Rhys Best, 54 Chairman,
Pres, CEO | $505K | -- | Charles Keszler, 38 VP-Fin.,
Treasurer | 237K | $323K | Robert Spears, 57 VP,
Gen. Counsel, Sec. | 229K | 313K | W. Dunn, 47 Pres
and CEO of Steel | 332K | 1.1M | Larry Sims, 61 Pres
and CEO af Fintube Technologies, Inc. | 219K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|