| | Business Summary | | Weatherford
International,
Inc.
is
a
provider
of
equipment
and
services
used
for
the
drilling,
completion
and
production
of
oil
and
natural
gas
wells.
The
Company's
business
is
divided
into
three
principal
operating
divisions,
Drilling
and
Intervention
Services,
which
provides
drilling
services
and
equipment
rental,
well
installation
services,
cementing
products
and
underbalanced
drilling
and
specialty
pipeline
services,
Completion
Systems,
which
offers
a
wide
range
of
completion
products
and
services
and
Artificial
Lift
Systems,
which
provides
all
forms
of
artificial
lift
used
for
the
of
oil
and
gas.
It
also
provides
products
and
services
that
optimize
and
automate
well-production
management. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Weatherford
International
is
a
manufacturer
and
supplier
of
oilfield
equipment
and
contract
drilling
services.
For
the
six
months
ended
6/30/01,
revenues
increased
34%
to
$1.10
billion.
Net
income
from
continuing
operations
totalled
$99.9
million,
up
from
$23.2
million.
Revenues
reflect
an
increase
in
worldwide
rig
activities.
Net
income
reflects
new
technology
applications,
improved
pricing,
and
greater
utilization
of
the
worldwide
infrastructure. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Bernard Duroc-Danner, Ph.D., 47
Chairman,
Pres and CEO | $1.8M | Jon Nicholson, 58
Sr.
VP of HR and Information Technology | 575K | Mark Hopmann, 43
Sr.
VP, Pres - Completion Services Division | -- | E. Lee Colley, lll, 44
Sr.
VP and Pres- Artificial Lift Systems Division | 572K | Donald Galletly, 49
Sr.
VP - Communications and Investor Relations | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/w/wft.gif)