| Business Summary | | CE
Franklin
Ltd.
engages
in
the
purchasing,
warehousing,
selling
and
servicing
of
supplies
and
equipment
for
oil
and
gas
exploration
and
production.
The
Company's
main
focus
is
to
leverage
long-term
relationships
with
manufacturers
that
depend
on
CE
Franklin
to
get
their
products
efficiently
into
the
operations
of
hundreds
of
engineering,
drilling,
production
and
well
servicing
companies
throughout
Canada's
oil
and
gas
producing
regions.
Other
services
provided
by
the
service
centers
include
pump
repair,
customized
pump
designs
and
testing
and
24-hour
on-call
service.
In
addition,
CE
Franklin
provides
well
optimization
analysis,
custom
invoicing
and
pricing
and
Electronic
Data
Interchange
and
electronic
funds
transfer
to
meet
the
customers'
specific
needs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CFK
engages
in
purchasing,
warehousing,
selling
and
servicing
of
supplies
and
equipment
for
oil
and
gas
exploration
and
production.
For
the
six
months
ended
6/30/01,
sales
increased
19%
to
C$209.1
million.
Net
income
before
U.S.
GAAP
decreased
9%
to
C$1.3
million.
Revenues
reflect
an
increase
in
drilling
activity
in
Western
Canada.
Net
income
was
offset
by
a
decrease
in
gross
margins
due
to
a
change
in
sales
mix. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Gilbank, 52 Chairman,
Pres, CEO | $167K | Sam Secreti CFO | -- | Russell Peterson, 50 Exec.
VP - Corp. Devel. | 115K | Eric Gould, 59 VP
- Field Operations | -- | David Wallace, 42 VP
- Customer Services - Pacific | -- | Dollar amounts are as of 31-Dec-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
|
|