| Business Summary | | National-Oilwell,
Inc.
is
engaged
in
the
design,
manufacture
and
sale
of
comprehensive
systems
and
components
used
in
oil
and
gas
drilling
and
production,
as
well
as
in
providing
supply
chain
integration
services
to
the
upstream
oil
and
gas
industry
worldwide.
National-Oilwell
manufactures
and
assembles
drilling
machinery,
including
drawworks,
mud
pumps
and
top
drives,
which
are
the
major
mechanical
components
of
drilling
rigs,
as
well
as
masts,
derricks
and
substructures.
Many
of
these
components
are
designed
specifically
for
more
demanding
applications,
which
include
offshore,
extended
reach
and
deep
land
drilling.
The
Company
also
provides
electrical
power
systems,
computer
control
systems
and
automation
systems
for
drilling
rigs.
In
addition,
The
Company
provides
engineering
and
fabrication
services
to
integrate
its
drilling
products
and
deliver
complete
land
drilling
and
workover
rigs
as
well
as
drilling
modules
for
mobile
offshore
drilling
rigs
or
offshore
drilling
platforms. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | National-Oilwell
designs,
manufactures
and
assembles
drilling
machinery,
including
drawwork,
mud
pumps
and
power
swivels
as
well
as
offers
comprehensive
supply
chain
integration
services.
For
the
six
months
ended
6/30/01,
revenues
rose
49%
to
$794.9
million.
Net
income
totalled
$46.8
million
vs.
a
loss
of
$5
million.
Results
reflect
acquisitions,
sustained
North
American
drilling
and
production
activities
and
the
absence
of
a
$13
million
special
charge. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Joel Staff | Chairman | Merrill Miller | Pres,
CEO, Director | Steven Krablin | CFO,
VP | Frederick Pheasey | Exec.
VP, Director | Jon Gjedebo | Exec.
VP, CTO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|