| Business Summary | | Smith
International,
Inc.
is
a
worldwide
supplier
of
products
and
services
to
the
oil
and
gas
exploration
and
production
industry,
the
petrochemical
industry
and
other
industrial
markets.
The
Company
provides
a
comprehensive
line
of
technologically
advanced
products
and
engineering
services,
including
drilling
and
completion
fluid
systems,
solids-control
equipment,
waste-management
services,
three-cone
and
diamond
drill
bits,
fishing
services,
drilling
tools,
underreamers,
casing
exit
and
multilateral
systems,
packers
and
liner
hangers.
The
Company
also
offers
supply
chain
management
solutions
through
an
extensive
branch
network,
providing
pipe,
valves,
fittings,
mill,
safety
and
other
maintenance
products.
The
Company's
operations
are
organized
into
two
business
segments,
Oilfield
Products
and
Services
and
Distribution. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SII
supplies
products
and
services
to
the
oil
and
gas
drilling
and
production
industry.
The
Company
provides
drilling
fluids
and
systems,
drill
bits,
and
drilling
and
completion
products
and
services.
For
the
six
months
ended
6/30/01,
revenues
increased
35%
to
$1.74
billion.
Net
income
totaled
$71.9
million,
up
from
$26.3
million.
Results
reflect
higher
drilling
activity,
acquisitions
and
improved
pricing
in
the
oilfield
operations'
products
and
services. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Douglas Rock, 54 Chairman,
CEO, Pres and Chief Operating Officer | $1.3M | $10.1M | Roger Brown, 55 Pres-
Smith Bits | 440K | 3.0M | Richard Werner, 59 Pres
of Smith Services | -- | -- | Loren Carroll, 57 Exec.
VP | 803K | 5.5M | Margaret Dorman, 37 Sr.
VP, CFO, Treasurer | -- | -- | 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
|
|