| Business Summary | | Petroleum
Helicopters,
Inc.
(PHI)
is
a
provider
of
helicopter
transportation
services
in
the
Gulf
of
Mexico,
providing
approximately
47%
of
all
the
contracted
aircraft
in
the
Gulf.
PHI
also
provides
helicopter
services
internationally
and
to
non-oil
and
gas
customers,
such
as
emergency
medical
service
providers
and
governmental
agencies.
The
Company's
Technical
Services
Unit
provides
maintenance
and
repair
services
to
helicopter
airframes
and
engines,
and
sells
helicopter
repair
parts.
The
Company
currently
operates
279
aircrafts
domestically
and
internationally.
PHI
operates
under
a
variety
of
contractual
arrangements
to
perform
services
that
include
transporting
passengers
and
equipment,
operating
customer-owned
aircraft,
leasing
aircraft
to
certain
customers,
consulting
and
the
repair
and
maintenance
of
helicopters. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PHEL
is
engaged
in
the
transport
of
personnel,
parts
and
equipment
to,
from
and
among
offshore
platforms
for
customers
engaged
in
the
oil
and
gas
exploration,
development
and
production
industry.
PHEL
also
provides
air
medical
transportation
services.
For
the
three
months
ended
3/31/01,
revenues
rose
24%
to
$65.3
million.
Net
income
totaled
$46
thousand
vs.
a
loss
of
$1.4
million.
Results
reflect
an
increase
in
domestic
activity
and
lower
S/G/A
expenses
as
a
percentage
of
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
69,237;
after
tax
earnings
were
2,760. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Carroll Suggs, 62 Chairman | $453K | Lance Bospflug, 46 Pres,
CEO | -- | Michael McCann, 53 CFO
and Treasurer | 185K | Richard Rovinelli, 52 CAO,
Director of HR | 159K | Robert Cummiskey, Jr., 58 Sec.
of Risk Management | -- | 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
|
|