| | Business Summary | | Hanover
Compressor
Company
is
a
provider
of
natural
gas
compression,
gas
handling
and
related
services
in
the
United
States
and
select
international
markets.
As
of
December
31,
2000,
the
Company
operated
a
fleet
of
4,840
compression
rental
units
with
an
aggregate
capacity
of
approximately
2,151,000
horsepower.
The
Company's
revenues
and
income
are
derived
from
five
business
segments
(comprising
four
operating
divisions):
domestic
compression
rentals;
international
compression
rentals;
parts,
service
and
used
equipment;
compressor
fabrication;
and
production
and
processing
equipment
fabrication.
The
domestic
and
international
compression
rentals
segments
have
operations
primarily
in
the
United
States,
Canada
and
South
America. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Hanover
Compressor
Co.
is
a
market
leader
in
full-service
natural
gas
compression
and
a
leading
provider
of
contract
natural
gas
handling
service,
fabrication
and
equipment.
For
the
six
months
ended
6/30/01,
revenues
totaled
$482.8
million,
up
from
$207.6
million.
Net
income
before
acct.
change
rose
76%
to
$42.2
million.
Results
reflect
the
expansion
of
the
Company's
rental
fleet
and
several
recent
acquisitions,
partially
offset
by
increased
administrative
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael O'Connor, 65
Chairman | $140K | Michael McGhan, 46
Pres,
CEO, Director | 158K | William Goldberg, 42
Exec.
VP, CFO, Director | -- | Charles Erwin, 40
Sr.
VP of Sales and Marketing | 247K | Joe Bradford, 43
Sr.
VP of Worldwide Operations Devel. | 187K | | 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/h/hc.gif)