74
Hydril (HYDL)
A lot has changed in the quarter century that has passed since the last oil boom, but Hydril is still making the tools. The Houston-based company specializes in oil and gas equipment and services that keep exploration and production companies on pace with surges in global energy demand. Its connections and pressure control products are in high order, thanks to a spike in new offshore drilling rigs. Over the past three years, Hydril has seen an average annual profit growth of 44%, to $73.2 million in 2005. Hiring grew by 20% last year, and similar growth is expected this year as the company beefs up its research and development department. With a joint venture in India in the works and a new plant opening in Veracruz, Mexico, 1,700-employee Hydril should have a firm footing in the marketplace, as long as energy prices stay high.
Company Info |
|
| 2005 Rank | NR |
| Market Value* ($ Millions) | 1,896.7 |
| Sales* ($ Millions) | 412.0 |
| Sales Growth (3-yr. avg. annual) |
17.7 % |
| Profits* ($ Millions) | 80.9 |
| Profit Growth (3-yr. avg. annual) | 44.0 % |
| Return on Inv. Capital (3-yr.) | 16.1 % |
| Share Price 12-Mo. Hi/Lo | 90/46 |
| Share Price As of 4/28/06 | 80 |
| Return on Equity | 20.9 % |
| P/E Ratio | 24 |
| No. of Employees | 1,700 |
| Industry | Oil & Gas Equipment & Services |
| CURRENT MARKET INFO | HYDL > |
| COMPANY WEB SITE > | |
| Location | Houston |
| Phone | 281 449-2000 |
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Hydril engages in engineering, manufacturing, and marketing connection and pressure control products used for oil and gas drilling and production worldwide. The company operates in two segments, premium connection and pressure control. The premium connection segment manufactures and markets connections for casing, production tubing, and drill pipe, as well as provides technical solutions and field support services in the design, selection, and maintenance of premium connections. The pressure control segment provides a range of pressure control equipment used in oil and gas drilling, and well completion and maintenance. Its pressure control products include blowout preventers, diverters, subsea control systems, drill stem valves, production chokes, pulsation dampeners, and a various specialized elastomer products. This segment also provides integrated subsea control systems, which include a series of blowout preventers stacked on top of one another, along with other types of valves and diverters, as well as provides replacement parts, repair, and field services. The company's customers primarily include owned oil and gas companies and drilling contractors. Hydril was founded in 1933 and is based in Houston.
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