Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - 3TEC Energy Corporation (NasdaqNM:TTEN)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider
Recent Events
Aug  7Conference call: 3TEC Energy Earnings (Q2 2001)
Aug  7Earnings Announcement
Location
777 Walker Street
Two Shell Plaza, Suite 2400
Houston, TX 77002
Phone: (713) 821-7100
Fax: (713) 821-7200
Employees (last reported count): 62
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Energy
 ·Industry: Oil & Gas Operations
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 72%
·Over the last 6 months:
 · one insider buy; 2,000  shares
·Institutional: 56% (201% of float)
(73 institutions)
·Net Inst. Selling: 572.0K shares (+7.47%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
3TEC Energy is engaged in the acquisition, development, production and exploration of oil and natural gas reserves. Its properties are concentrated in East Texas and the Gulf Coast region, both onshore and in the shallow waters of the Gulf of Mexico. The Company also owns significant properties in the Permian and San Juan basins and in the mid-continent region. As of December 31, 2000, the Company had estimated total net proved reserves of 302 Bcfe (billion cubic feet equivalent), of which approximately 79% were natural gas and approximately 78% were proved developed. During December 2000, its net daily production averaged approximately 63.9 Mmcf (million cubic feet) of natural gas and 2.9 MBbls (thousand barrels) of oil or 81.3 Mmcfe (million cubic feet equivalent).
More from Market Guide: Expanded Business Description

Financial Summary
3TEC Energy Corporation is an independent oil and gas company engaged in the acquisition, development and production of oil and gas in the contiguous United States. For the six months ended 6/30/01, revenues totaled $92.9 million, up from $39.7 million. Net income applicable to Common totaled $32.9 million, up from $7.4 million. Results benefitted from higher commodities prices, acquisitions, and a decrease in lease operating expense.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Floyd Wilson, 54
Chairman, CEO
$832K
R. Walker, 44
Pres, CFO, Director
490K
Stephen Herod, 42
Exec. VP- corporate development, Assistant Sec., Director
310K
C. Hackstedt, 51
VP- Engineering and Operations
--  
Shane Bayless, 34
VP, Controller, 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..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:TTENAs of 31-Aug-2001
Price and Volume
52-Week Low
on 19-Sep-2000
$13.188
Recent Price$14.73 
52-Week High
on 6-June-2001
$21.05 
Beta0.68 
Daily Volume (3-month avg)79.1K
Daily Volume (10-day avg)46.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-10.7%
52-Week Change
relative to S&P500
+19.8%
Share-Related Items
Market Capitalization$217.2M
Shares Outstanding14.7M
Float4.10M
Dividends & Splits
Annual Dividendnone 
Last Split: 1 for 3 on 18-Jan-2000
Per-Share Data
Book Value (mrq)$11.70 
Earnings (ttm)$3.03 
Earnings (mrq)$0.78 
Sales (ttm)$8.37 
Cash (mrq)$0.60 
Valuation Ratios
Price/Book (mrq)1.26 
Price/Earnings (ttm)4.86 
Price/Sales (ttm)1.76 
Income Statements
Sales (ttm)$158.0M
EBITDA (ttm)$121.3M
Income available to common (ttm)$55.6M
Profitability
Profit Margin (ttm)36.0%
Operating Margin (ttm)55.8%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)19.93%
Return on Equity (ttm)39.44%
Financial Strength
Current Ratio (mrq)1.48 
Debt/Equity (mrq)0.56 
Total Cash (mrq)$8.82M
Short Interest
As of 8-Aug-2001
Shares Short204.0K
Percent of Float5.0%
Shares Short
(Prior Month)
268.0K
Short Ratio4.86 
Daily Volume42.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Some event data provided by CCBN. Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.