BNET Industries
Last Fiscal Year Sales:$1.7B
- Public
- US
Dow Jones Description
This Maverick has a straight-shooting business. Founded in 1978 and headquartered in Chesterfield, MO, Maverick Tube (NYSE: MVK) is a large maker of steel tubes. The company operates in two segments: Energy Products and Industrial Products. Its products include line pipe, drill pipe, and casing for oil systems, and structural and standard pipe and piling items for industry and construction. It sells to agriculture, transportation, oil, and construction firms. The company has annual revenue of about $1.8 billion and employs about 4,650 people. In 2005, the company sold certain assests related to its hollow structural sections (HSS) product line to Atlas Tube. At closing, Maverick received cash of about $37.8 million.
Manager of Manufacturing Systems
Scott HarrisNumber of Employees 4,649
Contact Information
16401 Swingley Ridge Rd 7th Fl
Chesterfield, Missouri 63017-0744
(636) 733-1600
Peer Companies
NAICS Code Iron and Steel Pipe and Tube Manufacturing from Purchased Steel: 331210
News & Analysis
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maverick tube corp. - All News and Analysis
Acquisition of Maverick Tube Corporation Completed
- 2006-10-05
ST. LOUIS -- Maverick Tube Corporation (NYSE:MVK) announced today that it has completed its merger with a subsidiary of Tenaris S.A., the leading global manufacturer and supplier of tubular products and services. As announced earlier this week, the merger was approved by Maverick's stockholders on October 2, 2006. Maverick...
Stockholders of Maverick Tube Corporation Approve Merger with Tenaris S.A
- 2006-10-02
ST. LOUIS -- Maverick Tube Corporation (NYSE:MVK) announced today that the stockholders of Maverick have approved the previously announced merger with a subsidiary of Tenaris S.A. at a special meeting held on Monday, October 2nd. Upon consummation of the merger, Maverick will become a wholly owned subsidiary of Tenaris S.A....
Tenaris to Complete Acquisition of Maverick Tube Corporation on October 5, 2006
- 2006-10-02
LUXEMBOURG -- Tenaris S.A. (NYSE:TS) (BCBA:TS) (BMV:TS) (BI:TEN) announced that, following the vote today by a majority of Maverick Tube Corporation's stockholders in favor of the proposed acquisition by Tenaris, the acquisition should be completed on October 5, 2006. On that date, Tenaris will transfer to the paying agent for...
Tenaris Announces 2006 Second Quarter Results
- 2006-08-03
LUXEMBOURG -- The financial and operational information contained in this press release is based on consolidated condensed interim financial statements prepared in accordance with International Financial Reporting Standards IFRS and presented in U.S. dollars. Tenaris S.A. (NYSE:TS) (BCBA:TS) (BMV:TS) (BI:TEN) ("Tenaris") today announced its results for the second quarter...
Maverick Tube Corporation Announces 2nd Quarter Earnings Conference Call Wednesday, August 2, 2006, at 11:00 a.m. ET
- 2006-07-26
ST. LOUIS -- Maverick Tube Corporation (NYSE:MVK), has scheduled a conference call for Wednesday, August 2, 2006, at 10:00 a.m. CT via live Internet Webcast. The purpose of the call is to discuss financial results for the Company's second quarter and provide an update on the status of the proposed...
Metal Chips.(Nucor to build sheet-steel galvanizing plant)(Gibraltar Industries to sell steel strapping business to Illinois Tool Works)(Tenaris spending $2.4 billion for Maverick Tube of Chesterfield)(Brief article)
- 2006-07-13
Staff Steelmaker Nucor plans to build a $150 million sheet-steel galvanizing plant in Decatur, Ala. The plant will have annual capacity of about 500,000 tons of 72-in. wide sheet. It will be located near the sheet-steel mill Nucor already operates in Decatur....
Fitch Affirms Tenaris' 'A-' Rating; Outlook Stable
- 2006-06-16
CHICAGO -- Fitch affirms the 'A-' Issuer Default Rating IDR of Tenaris S.A. Tenaris. The Rating Outlook is Stable. The rating action follows the announcement that Tenaris has entered into an agreement to acquire 100% of the shares of Maverick Tube Corporation Maverick for US$3.2 billion. Maverick is a North...
Maverick Tube Corporation Reports Record First Quarter Results.
- 2006-04-26
ST. LOUIS, Apr 26, 2006 CCNMatthews via COMTEX -- Maverick Tube Corporation (NYSE:MVK) announced today its results for the quarter ended March 31, 2006. The Company reported record net income for the first quarter of $70.9 million, or $1.80 per diluted share, compared to net income...
Maverick Tube Corporation Reports Record First Quarter Results
- 2006-04-25
ST. LOUIS -- Maverick Tube Corporation (NYSE:MVK) announced today its results for the quarter ended March 31, 2006. The Company reported record net income for the first quarter of $70.9 million, or $1.80 per diluted share, compared to net income for the same quarter last year of $31.2 million, or...
Maverick Tube Corporation Announces 1st Quarter Earnings Conference Call Wednesday, April 26, 2006, at 11:00 a.m. ET
- 2006-04-07
ST. LOUIS -- MAVERICK TUBE CORPORATION (NYSE:MVK), has scheduled a conference call for Wednesday, April 26, 2006 at 10:00 a.m. CT via live Internet Webcast. The purpose of the call is to discuss financial results for the Company's first quarter. Maverick's management will discuss various aspects of its first quarter...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Scott Harris | Manager of Manufacturing Systems |
| Wayne P.E. Mang | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Don Wilson | Board of Directors |
| Pamela G. Boone | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Maverick Tube Corporation | Manager of Manufacturing Systems | Current |
| Ernst & Young | Manager | Former |
| T&G Constructors | Process Engineer | Former |
| Missouri University of Science and Technology | Bachelor of Science Degree in Mechanical Engineering | Former |
Array
| Organization | Position | Status |
|---|---|---|
| The Calgary Stampede Foundation | Chairman of the Board | Current |
| Maverick Tube Corporation | Board of Directors | Current |
| The Calgary Stampede Foundation | President | Former |
| Calgary Petroleum Club | President | Former |
| The Calgary Exhibition & Stampede | President | Former |
| The Calgary Exhibition & Stampede | Chairman of the Board | Former |
| Organization | Position | Status |
|---|---|---|
| Maverick Tube Corporation | Board of Directors | Current |
| Maverick Tube Corporation | Vice President, Finance, Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Revenue Properties Company Limited | Board of Directors | Current |
| Maverick Tube Corporation | Director | Current |
| Vicwest Corporation | Director | Current |
| Russel Metals Inc. | President | Former |
| Russel Metals Inc. | Director | Former |
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