BNET Industries

T-3 Energy Services Inc.

(TTES) is in the Manufacturing Industry

Market Cap:$316.5M
Last Fiscal Year Sales:$285.3M
  • Public
  • US
Dow Jones Description

T-3 Energy Services, Inc. (Company, we or us) designs, manufactures, repairs and services products used in the drilling and completion of new oil and gas wells, the workover of existing wells, and the production and transportation of oil and gas. Our products are used in both onshore and offshore applications throughout the world. Our customer base consists of other oilfield service companies, major and independent oil and gas companies, national energy companies and pipeline companies. We are a publicly traded Delaware corporation with principal executive offices located at 7135 Ardmore, Houston, Texas 77054. Our common stock is traded on The NASDAQ Global Select Market under the symbol TTES. As of March 2, 2009, we had 22 manufacturing facilities, 21 of which were strategically located throughout North America and one of which was located in India. We focus on providing our customers rapid response times for value adding products and services. We believe that our original equipment products have gained market acceptance, resulting in greater sales to customers that use our products in both domestic and international operations. We have three product lines: pressure and flow control, wellhead and pipeline, which generated 73%, 15% and 12% of our total revenue, respectively, for the year ended December 31, 2008. We offer original equipment products and aftermarket parts and services for each product line. ...

President, Chief Executive Officer and Chairman of The Board
Gus D. Halas
Number of Employees 748
Contact Information

7135 Ardmore St

Houston, Texas 77054-3501

t3energyservice...

1 713 996 4110

NAICS Code Oil and Gas Field Machinery and Equipment Manufacturing: 333132

News & Analysis

finance and t-3 energy services inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
James M. Mitchell Chief Financial Officer & Senior Vice President
Keith Klopfenstein Chief Operating Officer
Michael Mino Chief Financial Officer
Allan C. Bruns Vice President, Sales
Douglas B. Whiting General Counsel & Vice President
Peter Sktich Vice President, HR
Adam Barrilleaux
Deborah McDonald
Gary Shaeper
Jacob Gomez
Pete Skertich
Richard Safier
Ben A. Guill Director

Board of Directors

Name (plus bio) Position
Gus D. Halas President, Chief Executive Officer and Chairman of The Board
Steven W. Krablin Chairman, President & CEO
Ben A. Gill Board of Directors
James M. Tidwell Board of Directors
Joseph R. Edwards Board of Directors
Robert L. Ayers Board of Directors
Stephen A. Snider Board of Directors
Thomas R Bates Jr Board of Directors

Gus D. Halas has served as President and Chief Executive Officer and as a director since May 1, 2003. He was elected Chairman of the Board on March 8, 2004. From August 2001 to April 2003, Mr. Halas served as President and Chief Executive Officer of Clore Automotive, Inc., a Lenexa, Kansas-based manufacturer and distributor of after-market auto parts and supplies. From January 2001 to May 2001, Mr. Halas served as President and Chief Executive Officer of Marley Cooling Tower Company, a manufacturer of evaporative water-cooling towers for generation, industrial refrigeration and HVAC markets throughout the world. From January 1999 to August 2000, Mr. Halas served as President of Ingersoll-Dresser s Pump Services Group, a remanufacturer and service provider of centrifugal pumps. From September 1986 to January 1999, Mr. Halas spent his career in various management roles, most recently as Senior Vice President, Customer Support Services of Sulzer Industries, Inc., a manufacturer, remanufacturer and service provider of centrifugal pumps. Mr Halas is a director of Aquilex Corporation.

Organization Position Status
T-3 Energy Services, Inc. President, Chief Executive Officer and Chairman of The Board Current
Aquilex Corporation Corp Director Current
Clore Automotive LLC Chief Executive Officer Former
Clore Automotive LLC President Former

Steven W. Krablin has served as President, Chief Executive Officer and Chairman of the Board since his appointment on March 23, 2009. Mr. Krablin was a private investor from April 2005 until such appointment. From April 2008 until August 2008, Mr. Krablin served as Executive Vice President and Chief Financial Officer of IDM Group Limited, a provider of drilling equipment and other goods and services to the oil and gas industry. From January 1996 until his retirement in April 2005, Mr. Krablin served as Senior Vice President and Chief Financial Officer of National Oilwell Varco, Inc. or its predecessors, a manufacturer and distributor of oil and gas drilling equipment. Prior to 1996, Mr. Krablin served as Senior Vice President and Chief Financial Officer of Enterra Corporation until its merger with Weatherford International, Inc. Mr. Krablin is a director of Hornbeck Offshore Services, Inc. and Chart Industries, Inc.

Organization Position Status
T-3 Energy Services, Inc. Chairman, President & CEO Current
Chart Industries, Inc. Director Current
Royal Oaks Bank Director Current
Hornbeck Offshore Services, Inc. Director Current
Weatherford International Ltd. Chief Financial Officer Former
The Idm Group Chief Financial Officer Former
National Oilwell Varco, Inc. Chief Financial Officer Former
Regal International Chief Financial Officer Former
Enterra Inc Chief Financial Officer Former
The Idm Group Executive Vice President Former
Weatherford International Ltd. Senior Vice President Former
National Oilwell Varco, Inc. Senior Vice President Former
Regal International Senior Vice President Former
Enterra Inc Vice President Former
Penn Virginia Corporation Director Former

Organization Position Status
T-3 Energy Services, Inc. Chief Financial Officer & Senior Vice President Current
Pride International, Inc. Chief Financial Officer for Latin America Land and E&P Services Former

Organization Position Status
T-3 Energy Services, Inc. Chief Operating Officer Current
Flow Products, Incorporated Vice President of Strategic Operations Former
T-3 Energy Services, Inc. Vice President, Operations Current

Organization Position Status
T-3 Energy Services, Inc. Chief Financial Officer Current
T-3 Energy Services, Inc. Vice President & Controller Former

Organization Position Status
T-3 Energy Services, Inc. Vice President, Sales Current

Organization Position Status
T-3 Energy Services, Inc. General Counsel & Vice President Current

Organization Position Status
T-3 Energy Services, Inc. Vice President, HR Current

Organization Position Status
T-3 Energy Services, Inc. Current

Organization Position Status
T-3 Energy Services, Inc. Current

Organization Position Status
T-3 Energy Services, Inc. Current

Organization Position Status
T-3 Energy Services, Inc. Current

Organization Position Status
T-3 Energy Services, Inc. Current

Organization Position Status
T-3 Energy Services, Inc. Current

Organization Position Status
T-3 Energy Services, Inc. Board of Directors Current

Organization Position Status
Consolidatedvalve.Com Director of Dresser, Inc. and Chairman of the Compensation Committee Current
Masoneilan Company, Ltd. Director of Dresser, Inc. and Chairman of the Compensation Committee Current
Dresser Al Rushaid Valve and Instrument Co. (Darvico) Director of Dresser, Inc. and Chairman of the Compensation Committee Current
Waukesha Engine Division Dresser Industries Current
Rolligon Corp Director Current
Quanta Services, Inc. Director Current
National Oilwell Varco, Inc. Director Current
First Reserve Corporation Board of Directors Current
T-3 Energy Services, Inc. Director Current
Quality Tubing Director Current
Chart Industries, Inc. Board of Directors Current
Trico Marine Services, Inc. Board of Directors Current
Ctes, Ltd. Board of Directors Current
First Reserve Corporation President Former
First Reserve Corporation Managing Director and Co-Head Former
Simmons & Company International Managing Director Former
Dresser, Inc. Director of Dresser, Inc. and Chairman of the Compensation Committee Former
First Reserve Corporation Corporate Manager of Private Investments Former
Simmons & Company International Co-Head of Investment Banking Former
Chart Industries, Inc. Chairman Former
Dresser, Inc. Board of Directors Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
Princeton University B.A. Degree Former
Blyth, Eastman Dillon & Co. Team Member Former

Organization Position Status
Wedge Group Inc. Chief Executive Officer Current
Wedge Group Inc. President Current
Pioneer Drilling Company Class I Director Current
Pioneer Drilling Company Board of Directors Current
T-3 Energy Services, Inc. Board of Directors Current
National MS Society Board of Directors Current
Chart Industries, Inc. Board of Directors Current
Control, Inc President Former
Daniel Measurement and Control, Inc. President Former
Wedge Group Inc. Chief Operating Officer Former
Wedge and Company Chief Operating Officer Former
Hydril Company Chief Financial Officer Former
Daniel Measurement and Control, Inc. Executive Vice President Former
Wedge and Company Executive Vice President Former
Wedge Group Inc. Executive Vice President Former
Hydril Company Vice President Former
Stewart & Stevenson Services, Inc. member Former

Organization Position Status
First Reserve Corporation vice president Current
T-3 Energy Services, Inc. Board of Directors Current
First Reserve Corporation Director Current
Quintana Maritime Limited Board of Directors Current
First Reserve Corporation Managing Director Former
Simmons & Company International Analyst Former
T-3 Energy Services, Inc. Director Former
The University of Texas bachelors degree in Business Administration Former

Organization Position Status
T-3 Energy Services, Inc. Board of Directors Current

Stephen A. Snider is Chief Executive Officer and is a member of the board of directors. He also previously served as President. Mr. Snider held the positions of President, Chief Executive Officer and director of Universal beginning with the acquistion of Tidewater Compression Services, Inc. in 1998, and was appointed as Chairman of Universal Compressor Holdings, Inc. ("Universal") board of directors in 2006. He has over 26 years of experience in senior management of operating companies. Mr. Snider also serves on the board of directors of Energen Corporation (a diversified energy company focusing on natural gas distribution and oil and gas exploration and production) and the Memorial Hermann Hospital System, and as CEO and director of Exterran GP LLC, the managing general partner of Exterran Partners LLP (a master limited partnership that is 51% owned by Exterran). Mr. Snider serves as an officer and director of certain other Exterran majority-owned subsidiaries.

Organization Position Status
Exterran Partners, L.P. Chairman, President & CEO Current
Exterran Holdings, Inc. President & Chief Executive Officer Current
Energen Corporation Board of Directors Current
T-3 Energy Services, Inc. Board of Directors Current
T-3 Energy Services, Inc. Director Former
Exterran Partners, L.P. Director Former

Organization Position Status
T-3 Energy Services, Inc. Board of Directors Current

Executive News

  • Seahawk Drilling, Inc. Announces Completion of Spin-Off From Pride International

    Reuters - 8/24/09 - View Story

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     TTES $24.43 +0.13 (0.53% )
Average Volume 113,282
Shares Outstanding 12.95M
Market Cap 316.4M
Year High 25.53
Year Low 8.05
Earnings Per Share 0.33
P/E Ratio 74.03
Dividend N/A
Yield N/A