Houston
Went public 02/09/01 at $9 per share
Filing Range: 10.0 million shares at $9 to $10
Shares Outstanding: 46.38 million shares
Underwriters: Merrill Lynch & Co./Credit Suisse First Boston/Simmons
& Co. International
Company Counsel: Vinson & Elkins LLP
Manager Counsel: Baker & Botts
Auditor: Ernst & Young LLP
The Company:
Provides offshore products to the oil and gas industry including flex-element technology, advanced connectors and sub-sea pipeline products, and its well site services range from catering and remote site accommodations to hydraulic well control and rental equipment. The company has also added tubular services and offers casing, premium tubing, and line pipe.
Venture Backers:
SCF Partners
Financing Rounds:
Number of Round Amount
Round # Round Date Stage Investors ($ thousands)
1 03/01/1998 1 Expansion 5000.0
2 02/01/2000 1 Expansion N/A
Financials:
(Data in $ million)
Y/E
12/31/99
Total Revenues: $487.4
Net Income: 8.9