| Business Summary | | Carbo
Ceramics
Inc.
produces
and
supplies
ceramic
proppants
for
use
in
the
hydraulic
fracturing
of
natural
gas
and
oil
wells.
The
Company
manufactures
four
distinct
ceramic
proppants:
CARBOHSP2000,
CARBOPROP,
CARBOLITE
and
CARBOECONOPROP.
CARBOHSP2000
and
CARBOPROP
are
high-strength
proppants
designed
primarily
for
use
in
deep
gas
wells.
The
CARBOLITE
and
CARBOECONOPROP
products
are
lightweight,
intermediate-strength
proppants
designed
for
use
in
gas
wells
of
moderate
depth
and
shallower
oil
wells.
The
Company
predominantly
markets
its
proppant
products
through
pumping
service
companies
that
perform
hydraulic
fracturing
for
major
oil
and
gas
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Carbo
Ceramics
Inc.
is
a
producer
and
supplier
of
ceramic
proppants
for
use
in
the
hydraulic
fracturing
of
natural
gas
and
oil
wells.
For
the
six
months
ended
6/30/01,
revenues
increased
58%
to
$69.5
million.
Net
income
totaled
$13.8
million,
up
from
$6.3
million.
Revenues
reflect
an
increase
in
sales
volume
and
an
increase
in
average
selling
price,
due
to
a
price
increase
at
the
begining
of
the
year.
Earnings
also
benefitted
from
higher
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Morris, 62 Chairman | -- | -- | C. Mark Pearson, 44 Pres,
CEO | $239K | -- | Paul Vitek, 41 Sr.
VP-Fin. and Admin., Sec. and Treasurer | 234K | $1.1M | Terry Keefe, 52 VP
of Manufacturing | 226K | -- | 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
|
|