BNET Industries

Market Cap:$731.7M
Last Fiscal Year Sales:$1.2B
  • Public
  • US
Dow Jones Description

Complete Production Services is a leading provider of specialized oil and gas services and equipment in North America (Canada, U.S. and Mexico) that helps its customers develop hydrocarbon reserves, reduce operating costs and enhance oil and gas production. Complete focuses on basins within North America that have the most attractive long-term potential for growth, and delivers targeted, value-added products and services customized for each specific basin.

Number of Employees 7,266
Contact Information

11700 Old Katy Rd Ste 300

Houston, Texas 77079

completeproduct...

(281) 372-2300

NAICS Code Support Activities for Oil and Gas Operations: 213112

Recent Events

  • Complete Production Slips To Loss In Q3 On Charges, Lower Revenue - Update

    10/26/09 - Financial Announcement - View Story

  • Complete Production Services, Inc. Reports Second Quarter 2009 Results and Pay-Down of Revolving Credit Facility

    8/04/09 - Financial Announcement - View Story

News & Analysis

complete production services inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Joseph C. Winkler CEO
Brian Moore President
Bryan Suprenant President, US & Mexico Service
David J Nightingale President, Ie Miller Division
Jeffrey Kaufmann President, Rockies Division
Mark Songer President, Pumpco Division
Ronald Boyd President, Mid, Continent Division
Sherry Flato President, Ie Miller Division
Thomas Burke President, Texas Division
J. Michael Mayer Senior Vice President & Chief Financial Officer
Jose Bayardo Vice President & Chief Financial Officer
James F. Maroney Vice President, Secretary and General Counsel
Kenneth L. Nibling Vice President Hr and Admin.
Mike Mayer Vice President
Robert Weisgarber Vice President, Accounting
Andrew L. Waite Managing Director
Danny Crow Operations Manager
David C. Baldwin Director
R. Graham Whaling Director
Robert S Boswell Director

Board of Directors

Name (plus bio) Position
Harold G. Hamm Board of Directors
J. D. Woods Board of Directors
James D. Woods Board of Directors
Marcus A. Watts Board of Directors
Michael McShane Board of Directors
W. Matt Ralls Board of Directors

Organization Position Status
Complete Production Services, Inc. CEO Current
Complete Production Services, Inc. Board Chairman Current
Iem, Inc Board Director Current
IPS Corporation Board Director Current
Dresser-Rand Group Inc. Board of Directors Current
Varco International, Inc. President Former
Complete Production Services, Inc. President Former
Varco President Former
Varco Executive Vice President and Chief Financial Officer Former
Varco International, Inc. Coo Former
D.O.S. LLC Cfo Former
Baker Hughes INTEQ Chief Financial Officer Former
National Oilwell Varco, Inc. Chief Operating Officer Former
National Oilwell Varco, Inc. Executive Vice President Former
Louisiana State University Bachelors Degree Former
Complete Production Services, Inc. Board Director Former
Louisiana State University Bachelor of Science Degree Former

Brian K. Moore is the President for IPS. Prior to the combination of Complete Production Services and IPS on September 12, 2005, Brian had served as President and Chief Executive Officer and a director of IPS. Before joining IPS, Mr. Moore served as General Manager - Oilfield Services, U.S. Land Central Region, at Schlumberger. Mr. Moore brings more than 24 years of oilfield service experience to IPS including 15 years with Camco International in various management and engineering and positions including General Manager - Coiled Tubing Operations.

Organization Position Status
Sentry Oil Tools LLC President and Chief Executive Officer Current
IPS Corporation President Current
Complete Production Services, Inc. President Current
Complete Production Services, Inc. Coo Current
Complete LP Current
IPS Corporation CEO Former
Sentry Oil Tools LLC President Former
Schlumberger Limited General Manager Former
Camco, Inc. Former
IPS Corporation Board Director Former

Organization Position Status
Complete Production Services, Inc. President, US & Mexico Service Current
Ips Advantage President U.S. and Mexico Services Current
Sentry Oil Tools LLC Senior Vice President, U.S. Operations Current
Precision Tube Technology Inc. Vice President of Sales Former
Seacat Corporation Vice President of Sales and Marketing for Coiled Tubing Operations Former
Schlumberger Limited Manager Former
Schlumberger Limited Engineering and Operations Management Positions Former
Montana State University Masters Degree Former
Illinois State University Bachelors Degree Former

Organization Position Status
Complete Production Services, Inc. President, Ie Miller Division Current
Duke Energy Corporation Former
Occidental Petroleum Corporation Former
The University of Houston Master of Business Administration Former
Bradley University Bachelors Degree In Civil Engineering Former

Organization Position Status
Complete Production Services, Inc. President, Rockies Division Current
Complete LP Current
BJ Services Company Operations Manager Former

Mark Songer has served as President of our Pumpco Division since January 2008. Prior to joining Complete, Mr. Songer spent 26 years with BJ Services Company in various management, engineering and operational positions. From November 1996 to January 2008, he served as Regional Manager of Operations for the Northeastern U.S. and was based in Pittsburgh, Pennsylvania. From March 1992 to November 1996 he served as Region Manager, West Coast-Alaska operations. Mr. Songer received a Masters in Business Administration from the University of Wyoming and a Bachelor of Science in the Institute of Technology and Management from Arkansas State University.

Organization Position Status
Complete Production Services, Inc. President, Pumpco Division Current
Co-Operations Inc Regional Manager Former
BJ Services Company Former
University of Wyoming Masters In Business Administration Former
Arkansas State University Bachelor of Science Former

Organization Position Status
Hamm Management Co. President Current
Complete Production Services, Inc. President, Mid, Continent Division Current
MB Oilfield Services Corp. Vice President Former

Ms. Flato was named President of I E Miller Services on July 1, 2006. Ms. Flato joined I E Miller Services in April 2003 where she served as Vice President of Finance. For the 20 years prior to joining I E Miller, she held various controller and accounting management positions including five years with Sunland Construction, Inc., a pipeline construction company which was an affiliated company before the acquisition of I E Miller by SCF Investments in August 2004. I E Miller became a division of Complete Production in September 2005.

Organization Position Status
Complete Production Services, Inc. President, Ie Miller Division Current

From April 2004 through November 2006, Mr. Burke served as Vice President Corporate Development, responsible for acquisitions, divestitures and strategic growth activities. Prior to joining Complete in April 2004, Dr. Burke worked at McKinsey & Company and at Schlumberger Limited. Dr. Burke has an MBA with High Distinction from Harvard Business School where he was elected a Baker Scholar, a PhD in Engineering from the University of Oxford, England and a Bachelors in Engineering from Heriot-Watt University, Edinburgh, Scotland.

Organization Position Status
Complete Production Services, Inc. President, Texas Division Current
Remedy Interactive, Inc. Chief Financial Officer Current
Trilibis, Inc. Cfo Current
Virtufinity Incorporated Senior Advisor Current
Complete Production Services, Inc. Vice President Corporate Development Former
McKinsey & Company, Inc. Engagement Manager Former
Schlumberger Limited Strategic Consultant Former
Complete LP Former
University of Oxford PhD In Engineering Former
Harvard Business School MBA Former
Heriot-Watt University Bachelor of Engineering Former
Yale University BA (With Honors) Former

Organization Position Status
Complete Production Services, Inc. Senior Vice President & Chief Financial Officer Current
NATCO Group Inc. Chief Financial Officer Former
Tri-Point Energy Services Chief Financial Officer Former
Baker Hughes Incorporated Chief Financial Officer Former
Varco International, Inc. Vice President Former
Varco International, Inc. General Counsel Former
Baker Hughes Incorporated Financial Management Positions Former
Tripoint LLC Former
North American Transport Concepts Former
Varco International, Inc. Secretary Former
Texas A&M University Bachelor of Business Administration Degree Former

Organization Position Status
Complete Production Services, Inc. Vice President & Chief Financial Officer Current
Companies, Limited Vice President of Corporate Development Former
Kellogg School of Management at Northwestern University MBA Former
The University of Texas at Austin B.S., Chemical Engineering Former

Mr. Maroney has served as Vice President, Secretary and General Counsel since October 2005. From August 2005 until October 2005, Mr. Maroney surveyed various opportunities until accepting employment with us. Mr. Maroney served as Counsel to National Oilwell Varco, Inc. He served as Vice President, Secretary and General Counsel of Varco International, Inc. from May 2000 until March 2005. Prior to that time, Mr. Maroney served as Vice President, Secretary and General Counsel of Tuboscope, Inc., Varco's predecessor. Mr. Maroney graduated from the University of Texas in 1973 and from the University of Texas School of Law in 1976.

Organization Position Status
Complete Production Services, Inc. Vice President, Secretary and General Counsel Current
Complete LP Current
Complete Production Services, Inc. Secretary Current
Varco International, Inc. Vice President Former
National Oilwell Varco, Inc. Counsel Former
Complete Production Services, Inc. General Counsel Former
Varco International, Inc. General Counsel Former
Varco International, Inc. Secretary Former
University of Texas School of Law Graduate Former
The University of Texas Graduate Former
The University of Texas at Austin Bachelor of Arts Former

Mr. Nibling has served as our Vice President - Human Resources and Administration since October 2005. He served as Vice President, Human Resources of National Oilwell Varco, Inc. from March 2005 to August 2005 and was Varco International and Tuboscope, Inc.'s Vice President - Human Resources and Administration for fourteen years. From 1988 to 1991, Mr. Nibling was Director of Human Resources for Union Texas Petroleum, an international exploration and production company. From 1984 to 1988, Mr. Nibling was Manager, Compensation and Employment for Louisiana Land and Exploration Company. Mr. Nibling graduated from the University of Florida in 1972.

Organization Position Status
Complete Production Services, Inc. Vice President Hr and Admin. Current
National Oilwell Varco, Inc. President, Human Resources Former
Varco International, Inc. Vice President, Human Resources and Administration Former
National Oilwell Varco, Inc. Vice President, Human Resources Former
Louisiana Land Manager Former
University of Florida Graduate Former
University of Florida Bachelor of Science Former

Organization Position Status
Complete Production Services, Inc. Vice President Current
NATCO Group Inc. Chief Financial Officer Former
Texas A&M University Bachelor of Business Administration degree Former

Organization Position Status
Complete Production Services, Inc. Vice President, Accounting Current
Complete Production Services, Inc. Controller Current
The Steelworks Corporation Chief Financial Officer Former
The Steelworks Corporation Executive Vice President Former
Harvard Business School MBA Former
Wright State University Bachelor of Science In Accountancy Former

Organization Position Status
Harvard Business School Alumni Association Vice President Current
Complete Production Services, Inc. Managing Director Current
L.E. Simmons & Associates Inc. Managing Director Current
Scf Partners, Inc. Managing Director Current
Complete Production Services, Inc. Board of Directors Current
Hornbeck Offshore Services, Inc. Board Director Current
Oil States International, Inc. Director Current
Complete Production Services, Inc. Chairman, President & CEO Former
Simmons & Company International Vice President Former
L.E. Simmons & Associates Inc. Executive Officer Former
Harvard Business School Mba With High Distinction Former
California Institute of Technology MS degree in Environmental Engineering Science Former
Harvard University M.B.A. Degree Former
Loughborough University of Technology Bsc Degree Former

Organization Position Status
Complete Production Services, Inc. Operations Manager Current

David Baldwin started his career in the energy industry as a drilling and production engineer with Union Pacific Resources in the 1980's after receiving a BS degree in Petroleum Engineering from the University of Texas at Austin. Intrigued with the business aspect of the energy industry, David returned to his alma mater to receive an MBA degree. While in graduate school, David started an energy consulting business and worked for General Atlantic Partners, a global venture capital firm and early investor in SCF. Through General Atlantic, he met L.E. Simmons and joined SCF uon his graduation in 1991. Over the years, David has been responsible for developing investment themes around emerging energy trends. He is currently responsible for overseeing several of SCF's existing investments and sourcing and structuring new investment opportunities. David blends his personal and professional life with his wife, Maire, who is also active in the energy industry at EOG Resources. He is also an avid golfer, traveler, and Longhorn die-hard. He has a long-standing commitment to Houston's Center Serving Persons with Mental Retardation, where is a member, and past Chairman of the Board.

Organization Position Status
Scf Partners, Inc. Managing Director Current
L.E. Simmons & Associates Inc. Managing Director Current
EOG Resources, Inc. Current
Forum Oilfield Technologies, Inc. Board of Directors Current
Complete Production Services, Inc. Director Current
IPS Corporation President and Chief Executive Officer Former
General Atlantic, LLC Former
IPS Corporation Chairman of the Board of Directors Former
The University of Texas at Austin M.B.A. Degree Former
The University of Texas MBA degree Former
The University of Texas at Austin B.S. Degree In Petroleum Engineering Former
The University of Texas BS degree in Petroleum Engineering Former

Harold G. Hamm has served as Chief Executive Officer and a director since our inception in 1967 and currently serves as Chairman of the board of directors. He also serves as Chairman of the board of directors of the general partner of Hiland Partners LP, one of our affiliates and a NASDAQ publicly traded midstream master limited partnership, and he serves as Chairman of the board of directors of the general partner of Hiland Holdings GP, LP ("Hiland Holdings"), also publicly traded on NASDAQ. Hiland Holdings owns the general partner interest and units in Hiland Partners LP. He also serves as a director of Complete Production Services, Inc., a NYSE publicly traded oil and gas service company. Mr. Hamm serves as Chairman of the Oklahoma Independent Petroleum Association and serves on the Board of the Oklahoma Energy Explorers. He was President of the National Stripper Well Association and founder and Chairman of Save Domestic Oil, Inc. and served on the board of the Oklahoma Energy Explorers.

Organization Position Status
Continental Resources, Inc. CEO, President & Chairman Current
Hiland Partners, LP Chairman, Interim President & CEO Current
Complete Production Services, Inc. Board of Directors Current
Continental Resources, Inc. Director Current
Continental Resources, Inc. Executive Officer Former
Hiland Partners, LP Board of Directors Former

Organization Position Status
Complete Production Services, Inc. Board of Directors Current

Organization Position Status
USEC Inc. Chairman, President and Chief Executive Officer of Conemsco Current
Megatons to Megawatts Program Chairman, President and Chief Executive Officer of Conemsco Current
Complete Production Services, Inc. Board of Directors Current
Omi Corporation Director Current
United States Energy Corporation Director Current
Varco International, Inc. Director Current
Foster Wheeler Ltd. Board Director Current
ESCO Technologies, Inc. Director Current
National Oilwell Varco, Inc. Director Current
USEC Inc. Director Current
Baker Hughes Incorporated Chief Executive Officer Former
Baker Hughes Incorporated President Former
Baker Hughes Incorporated Chairman Emeritus Former
Forest Laboratories, Inc. Director Former
Varco Director Former

Organization Position Status
Locke Lord Bissell & Liddell LLP Partner Current
Locke Lord Bissell & Liddell Llp Partner Current
Aeriform Corporation Board Director Current
Complete Production Services, Inc. Board of Directors Current
Locke Lord Bissell & Liddell Llp Vice-Chair, Executive Committee Current
The Salvation Army Chairman Former
P.A.S.T Chairman Former
Cornell Companies, Inc. Director Former

Mr. McShane has served as our director since March 20, 2007. Since June, 2002, Mr. McShane has served as a director and President and Chief Executive Officer of Grant Prideco, Inc., a public company which manufactures and supplies oilfield drill pipe and other drill stem products. Beginning May 2003, he assumed the role of Grant Prideco, Inc.'s Chairman of the Board. Prior to joining that company, Mr. McShane was Senior Vice President-Finance and Chief Financial Officer and director of BJ Services Company from 1990 to June 2002 and Vice President-Finance from 1987 to 1990 while BJ Services Company was a division of Baker-Hughes. Mr. McShane joined BJ Services Company in 1987 from Reed Tool Company, where he was employed for seven years in various financial management positions. Mr. McShane was originally recommended for appointment to our board by our Chief Executive Officer.

Organization Position Status
Complete Production Services, Inc. Board of Directors Current
Spectra Energy Corp Board of Directors Current
Globalogix Director Current
Grant Prideco, Inc. CEO Former
Grant Prideco, Inc. President Former
BJ Services Company President, Finance and Chief Financial Officer Former
BJ Services Company Senior Vice President Finance and Chief Financial Officer Former
Grant Prideco, Inc. Board Chairman Former
Grant Prideco, Inc. Board Director Former
BJ Services Company Director Former

Organization Position Status
The Whaling Company Managing Director Current
Laredo Energy LP Chairman Current
Laredo Energy LP Board of Directors Former
Laredo Energy LP CEO Former
Merrill Lynch Petrie Managing Director Former
Lazard Ltd. Investment Banker Former
Ryder Scott Co Petroleum Engineer Former
Brigham Exploration Company Board of Directors Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
The University of Texas B.S. Degree In Petroleum Engineering Former

Organization Position Status
Laramie Energy, LLC Chief Executive Officer Current
Laramie Energy, LLC Chairman Current
Complete Production Services, Inc. Director Current
Forest Oil Corporation Chief Executive Officer Former
Forest Oil Corporation President Former
Forest Oil Corporation Cfo Former
Laramie Energy, LLC Founder Former
Gas Technology Institute Trustee Former
Laramie Company Chairman of the Board of Directors Former
Forest Oil Corporation Chairman of the Board of Directors Former
CE Franklin Ltd. Director Former
The University of Texas at Austin M.B.A. Degree Former
Vanderbilt University B.S. Degree In Chemical Engineering Former

President and Chief Executive Officer since January 2009. Executive Vice President and Chief Operating Officer of GlobalSantaFe Corporation, an international contract drilling company, from June 2005 until November 2007. Prior to that time Mr. Ralls served as Senior Vice President and CFO of GlobalSantaFe. He also serves on the Board of Complete Production Services.

Organization Position Status
Rowan Companies, Inc. President and Chief Executive Officer and Director Current
Enterprise Products Gp LLC Chairman Current
Rowan Companies, Inc. Board of Directors Current
Brigham Exploration Company Director Current
Enterprise GP Holdings L.P. Board Director Current
Complete Production Services, Inc. Board of Directors Current
El Paso Pipeline Partners, L.P. Board of Directors Current
GlobalSantaFe Corporation Chief Financial Officer Former
Transocean Ltd Chief Operating Officer Former
Transocean Ltd Executive Vice President Former
GlobalSantaFe Corporation Senior Vice President Former
The Meridian Resource Corporation Vice President Former
Enterprise Products Partners L.P. General Partner Former
Enterprise Products Gp LLC Elected A Director Former
Enterprise Products Partners L.P. Chairman Former
Enterprise Products Partners L.P. Board Director Former

Executive News

  • Complete Production Services, Inc. to Present at Barclays Capital 2009 CEO Energy/Power Conference

    Business Wire - 9/02/09 - View Story

  • Continental Resources Cites Production Boost in 2Q

    Rigzone - 8/08/09 - View Story

  • Continental Resources Cites Production Boost...

    Rigzone - 8/08/09 - View Story

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     CPX $9.64 -0.13 (-1.33% )
Average Volume 856,261
Shares Outstanding 74.89M
Market Cap 722.0M
Year High 12.83
Year Low 2.2
Earnings Per Share -3.93
P/E Ratio -2.45
Dividend N/A
Yield N/A
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