| Business Summary | | Maverick
Tube
Corporation
is
a
domestic
producer
of
tubular
steel
products
used
in
energy
and
industrial
applications.
Maverick
manufactures
"oil
country
tubular
goods,"
which
are
steel
tubular
products
used
in
the
completion
and
production
of
oil
and
natural
gas
wells.
The
Company
also
serves
the
energy
industry
by
manufacturing
line
pipe,
which
is
used
primarily
in
the
transportation
of
oil
and
natural
gas.
For
industrial
applications,
the
Company
manufactures
structural
tubing
and
standard
pipe.
Maverick
also
recently
began
producing
"cold
drawn
tubing,"
which
is
used
as
a
component
of
high
quality
products
that
require
close
tolerances.
During
fiscal
1999,
energy
products
accounted
for
approximately
59%
of
Maverick's
total
revenues. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Maverick
Tube
Corporation
is
engaged
in
the
manufacturing
of
steel
tabular
products
used
in
the
completion
and
production
of
oil
and
natural
gas
wells
and
line
pipe
used
in
the
transportation
of
oil
and
natural
gas.
For
the
six
months
ended
6/30/01,
net
sales
rose
13%
to
$288
million.
Net
income
from
continuing
operations
totalled
$29.5
million,
up
from
$12.8
million.
Revenues
reflect
increased
product
shipments.
Earnings
also
reflect
a
decrease
in
steel
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Gregg Eisenberg, 49 Chairman,
Pres, CEO | $376K | Pamela Boone CFO, VP-Fin. | -- | T. Evans, 52 VP
- Commercial Operations | 221K | Sudhakar Kanthamneni, 52 VP
- Manufacturing & Technology | 245K | 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
|
|