BNET Industries
Market Cap:$246.9M
Last Fiscal Year Sales:$570.9M
- Public
- US
Dow Jones Description
Allis-Chalmers Energy Inc. is a Houston-based multi-faceted oilfield services company. We provide services and equipment to oil and natural gas exploration and production companies, domestically primarily in Texas, Louisiana, New Mexico, Colorado, Oklahoma, Mississippi, Wyoming, Arkansas, West Virginia, offshore in the Gulf of Mexico, and internationally, primarily in Argentina and Mexico. Allis-Chalmers provides directional drilling services, casing and tubing services, underbalanced drilling, production and workover services with coiled tubing units, rental of drill pipe and blow-out prevention equipment, and international drilling and workover services.
Chief Executive Officer
Munawar HidayatallahNumber of Employees 3,050
Contact Information
5075 Westheimer
Suite 890
Houston, Texas 77056
(713) 369-0550
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Morning Movers 11/05: ROYL, RX, FSYS, KAI, SANM Higher; SMSI, CVS, MBRK, INOD, PL, ARO...
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Allis-Chalmers Energy lost $10.3M in 3Q
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Notable Analyst Rating Changes 6/30: FDX, ERTS, TSL, AMZN Upgraded; ALY, CEP, HOT, SO Downgraded
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Allis-Chalmers Extends Expiration of Tender Offers for Its Senior
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Allis-Chalmers Amends Terms of Tender Offers for Its Senior Notes
News & Analysis
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allis-chalmers energy inc. - All News and Analysis
Underdog Smallcaps: Potential Short Squeezes
J Clinton Hill submits: Most bullies like to pick on smaller guys who often can do little to resist their sheer size and brute strength. The market is no exception and its bullies are the hedge funds and professional traders who typically "gang up" against smallcap stocks. Yet, as...
Glass Lewis and Proxy Governance Recommend Allis-Chalmers Stockholders Approve Issuance of Shares to Bronco Drilling Pursuant to Merger
HOUSTON -- Allis-Chalmers Energy Inc. (NYSE:ALY) today announced that Glass Lewis & Co. and Proxy Governance, Inc., two leading proxy advisory firms, have recommended that Allis-Chalmers stockholders vote FOR the issuance of Allis-Chalmers common stock to stockholders of Bronco Drilling Company, Inc. (NASDAQ/GM:BRNC) in connection with the proposed merger between...
Allis-Chalmers Energy Reports Second Quarter 2008 Results
HOUSTON -- Allis-Chalmers Energy Inc. (NYSE:ALY) today announced results for the three and six months ended June 30, 2008. Revenues for the second quarter of 2008 rose 13.8% to $163.1 million compared to $143.4 million for the second quarter of 2007. Income from operations for the second quarter of...
Allis-Chalmers Energy Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Mike Drickamer from Morgan Keegan. Mike Drickamer - Morgan Keegan & Company, Inc. Micki, you guys have been busy here. Rigs in Haynesville and now JV in Saudi Arabia. Can you just talk a little bit...
Allis-Chalmers Energy and Bronco Drilling Company Set Record Dates for Stockholders Meetings on Pending Merger
HOUSTON & EDMOND, Okla. -- Allis-Chalmers Energy Inc. (NYSE:ALY) and Bronco Drilling Company, Inc. (NASDAQ/GM:BRNC) announced today that they each have set record dates for their respective special meetings of stockholders relating to the amended merger agreement providing for the acquisition of Bronco Drilling Company, Inc. by Allis-Chalmers Energy Inc....
Allis-Chalmers Energy Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Mike Drickamer from Morgan Keegan. Please proceed. Mike Drickamer - Morgan Keegan Hey, good morning, guys. Micki Hidayatallah Good morning, Mike Mike Drickamer - Morgan Keegan Micki, it must be awfully tough having to go to Rio, let me tell...
Allis-Chalmers Energy to Acquire Bronco Drilling Company for a Combination of Cash and Stock
HOUSTON & EDMOND, Okla. -- Allis-Chalmers Energy Inc. (NYSE:ALY) and Bronco Drilling Company, Inc. (NASDAQ/GM:BRNC) announced today that they have entered into a definitive merger agreement providing for the acquisition of Bronco Drilling Company, Inc. by Allis-Chalmers Energy Inc. Merger Highlights * Strategic combination creates a more diversified...
Allis-Chalmers Energy to Acquire Bronco Drilling Company For a Combination of Cash and Stock
HOUSTON & EDMOND, Okla. -- Allis-Chalmers Energy Inc. (NYSE: ALY) and Bronco Drilling Company, Inc. (NASDAQ/GM:BRNC) announced today that they have entered into a definitive merger agreement providing for the acquisition of Bronco Drilling Company, Inc. by Allis-Chalmers Energy Inc. Merger Highlights * Strategic combination creates a more...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Munawar Hidayatallah | Chief Executive Officer |
| Victor M Perez | Chief Financial Officer |
| Mark C. Patterson | Senior Vice President, Rental Services |
| Terrence P. Keane | Senior Vice President, Oilfield Services |
| Organization | Position | Status |
|---|---|---|
| Allis-Chalmers Energy Inc. | Chief Executive Officer | Current |
| Allis-Chalmers Energy Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Allis-Chalmers Energy Inc. | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Allis-Chalmers Energy Inc. | Senior Vice President, Rental Services | Current |
| Organization | Position | Status |
|---|---|---|
| Allis-Chalmers Energy Inc. | Senior Vice President, Oilfield Services | Current |
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