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Home > Company Index > Energy > Oil & Gas Services > Hanover Compressor Company
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Hanover Compressor Company |
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NEWS FROM THE WIRES |
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Hanover Compressor ups bond sale 83 pct to $550 mln Aug 17 2001 05:26 AM PDT
US Corp Bonds - Mostly firm; bank and finance wider Aug 15 2001 07:12 AM PDT
Hanover Compressor 2nd-quarter net up over 80 pct Aug 09 2001 04:36 AM PDT
Hanover Compressor to sell $300 mln secured notes Aug 07 2001 03:15 PM PDT
WRAPUP 1-US stocks rebound on earnings; bonds, dollar drop Jul 25 2001 03:11 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Applying pressure is Hanover Compressor's forte -- the company rents and repairs compressors and performs natural gas compression services for oil and gas companies. It has a fleet of more than 4,800 mobile compressors ranging from 24 to 5,000 horsepower. The company's Hanover Maintech and Hanover Dresser-Rand subsidiaries make compressor units, while Hanover Smith and Hanover Applied Process Solutions make oil and gas production equipment. Hanover Compressor, which operates throughout the Americas, has expanded by buying rival OEC Compression and Dresser-Rand's compressor services unit, and it has agreed to buy Schlumberger's gas compression business. Investment firm GKH Partners owns 25% of the company.
COMPETITION |
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Schlumberger Limited (SLB)
Universal Compression Holdings, Inc. (UCO)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 603.80
1-Yr. Sales Growth: 90.5%
Employees: 2,700
Revenue per employee: $223,629.63
KEY PEOPLE |
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Michael J. McGhan
CEO
William S. Goldberg
CFO
CONTACT INFO |
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12001 N. Houston Rosslyn
Houston, TX 77086
US
Phone: 281-447-8787
Fax: 281-447-8781
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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