| Business Summary | | Cal
Dive
International,
Inc.
is
an
energy
services
company
involved
in
projects
from
the
shallowest
to
the
deepest
waters
of
the
Gulf
of
Mexico.
The
Company's
diversified
fleet
of
20
vessels
performs
services
supporting
drilling,
well
completion,
construction
and
decommissioning
projects
involving
pipelines,
production
platforms
and
risers
and
subsea
production
systems.
The
Company
also
acquires
selected
mature,
non-core
offshore
natural
gas
and
oil
properties
from
operators,
and
provides
them
with
an
alternative
to
the
decommissioning
process.
The
Company's
customers
include
natural
gas
and
oil
producers,
pipeline
transmission
companies
and
offshore
engineering
and
construction
firms.
The
Company's
Deepwater
(water
depths
greater
than
1,000
feet)
alliances
include
Canyon
Offshore
Inc.,
FMC
Corp.,
Fugro-McClelland
Marine
Geoscience
Inc.,
Horizon
Offshore,
Inc.,
Schlumberger
Limited
and
Shell
Offshore,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cal
Dive
International,
Inc
is
a
provider
of
subsea
construction,
maintenance
and
salvage
services
to
the
offshore
natural
gas
and
oil
industry
in
the
U.S.
Gulf
of
Mexico.
For
the
six
months
ended
6/01,
revenues
rose
34%
to
$107.3
million.
Net
income
totalled
$18.3
million,
up
from
$6.9
million.
Revenues
reflect
higher
levels
of
production
and
an
increase
in
average
gas
prices.
Net
income
also
reflects
increased
gross
profits
in
the
Natural
Gas
and
Oil
Production
segment. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Owen Kratz, 46 Chairman,
CEO | $36K | -- | Martin Ferron, 44 Pres
and COO | 164K | $116K | S. James Nelson, Jr., 58 Vice
Chairman | 204K | -- | A. Wade Pursell, 36 CFO,
Sr. VP | -- | -- | Andrew Becher, 55 Sr.
VP, Gen. Counsel and Sec. | -- | -- | 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
|
|