| | Business Summary | | Seitel,
Inc.
is
a
provider
of
seismic
data
and
related
geophysical
services
and
expertise
to
the
petroleum
industry.
The
Company
owns
and
licenses
a
nonproprietary
seismic
data
library
and
initiates
new
seismic
data
through
multi-client
shoots
with
oil
and
gas
companies.
In
September
2000,
the
Company
announced
its
intention
to
create
a
product
that
will
enable
its
clients
to
access
and
interact,
via
the
Internet,
with
the
one
petabyte
of
seismic
data
owned
and
marketed
by
Seitel.
The
Company,
through
its
wholly
owned
subsidiary,
DDD
Energy,
Inc.,
explores,
finds,
develops,
produces
and
sells
oil
and
natural
gas
reserves. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | SEI
provides
seismic
data
and
corollary
geophysical
technology
used
in
petroleum
exploration
and
production.
Seitel
also
explores
for,
develops
and
owns
natural
gas
and
crude
oil
reserves.
For
the
six
months
ended
6/30/01,
revenues
rose
35%
to
$92.4
million.
Net
income
rose
90%
to
$8.3
million.
Revenues
reflect
an
increase
in
licensing
of
existing
data
and
higher
market
prices
for
oil
and
gas.
Earnings
reflect
improved
margins
and
the
absence
of
restructuring
charges. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Herbert Pearlman, 68
Chairman | $1.7M | $299K | Paul Frame, 54
Pres,
CEO, Director | 3.3M | -- | Debra Valice, 44
CFO,
Exec. VP - Fin., Treasurer, Sec. | 1.2M | -- | Kevin Fiur, 34
Exec.
VP, COO, Gen. Counsel | 1.2M | -- | Russell Hoffman, 41
VP,
Corp. Communications. | 850K | 131K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/s/sei.gif)