BNET Industries

TGC Industries Inc.

(TGE) is in the Energy Industry

Market Cap:$72.2M
Last Fiscal Year Sales:$86.7M
  • Public
  • US
Dow Jones Description

TGC Industries, Inc. (?TGC? or the ?Company?) is a Texas corporation engaged in the geophysical service business, primarily conducting Three-D (?3-D?) surveys for clients in the oil and gas business. TGC?s principal business office is located at 1304 Summit Avenue, Suite 2, Plano, Texas 75074. (Telephone: 972-881-1099). History In April 1980, Supreme Industries, Inc., formerly ESI Industries, Inc., (?Supreme?) formed a wholly owned subsidiary that acquired certain equipment, instruments, and related supplies of Tidelands Geophysical Co., Inc. (?Tidelands?), a Houston-based corporation that had been organized in 1967 and was engaged in the business of conducting seismic, gravity, and magnetic surveys under contracts to companies in the exploration for oil and gas. In July 1986, Tidelands? name was changed to TGC Industries, Inc. (?TGC?). On June 30, 1986, the Boards of Directors of Supreme and TGC approved a spin-off whereby substantially all of the shares of TGC owned by Supreme were distributed as a stock dividend to Supreme security holders.

President, Geophysical Division & CEO
Wayne A. Whitener
Number of Employees 651
Contact Information

101 E Park Blvd Ste 955

Plano, Texas 75074

www.tgcseismic....

(972) 881-1099

NAICS Code Support Activities for Oil and Gas Operations: 213112

Recent Events

  • TGC Industries Inc posts net loss of USD1.7m for third quarter 2009

    11/03/09 - Financial Announcement - View Story

  • TGC Industries acquires Eagle Canada

    10/19/09 - Merger / Acquisition - View Story

  • TGC Industries Reports 2009 Second Quarter Results

    7/28/09 - Financial Announcement - View Story

News & Analysis

tgc industries inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Wayne A. Whitener President, Geophysical Division & CEO
James K. Brata CFO, Principal Accounting Officer & Vice President
Kenneth W. Uselton Cfo, Treasurer & Secretary
Daniel G. Winn Vice President
Tom Pierce Marketing Manager
Deborah Scott Sales Representative
Jim Craft Marketing Representative
Powell Ytsma Sales Representative
Tyler Mintz Sales Representative
Allen T. McInnes Director
Edward L. Flynn Treasurer
Herbert M. Gardner Director
William J. Barrett Director

Board of Directors

Name (plus bio) Position
Stephanie P. Hurtt Board of Directors

Organization Position Status
Tgc Industries, Inc. President, Geophysical Division & CEO Current
Tgc Industries, Inc. Board of Directors Current

Organization Position Status
Tgc Industries, Inc. CFO, Principal Accounting Officer & Vice President Current

Organization Position Status
Tgc Industries, Inc. Cfo, Treasurer & Secretary Current
Tgc Industries, Inc. Treasurer & Secretary Former

Organization Position Status
Tgc Industries, Inc. Vice President Current

Organization Position Status
Tgc Industries, Inc. Marketing Manager Current

Organization Position Status
Tgc Industries, Inc. Sales Representative Current

Organization Position Status
Tgc Industries, Inc. Marketing Representative Current

Organization Position Status
Tgc Industries, Inc. Sales Representative Current

Organization Position Status
Tgc Industries, Inc. Sales Representative Current

Allen T. McInnes has served as the Dean of the Business School of Texas Tech University since 2001. Mr. McInnes serves as a director of TGC Industries, Inc., a geophysical services company. He also serves as a director of TETRA Technologies, Inc., an oil and gas services company.

Organization Position Status
Tetra Technologies Inc. Chief Executive Officer Former
Texas Tech University Dean of the Business School Current
Chase Packaging Corp Director Current
Tetra Technologies Inc. Board of Directors Current
Tgc Industries, Inc. Director Current
Tenneco, Inc. Director Current
Tetra Process Services Director Current
Alamosa Holdings, Inc. Director Current
Maritech Resources, Inc. Director Current
Matchwell Engineered Solutions Director Current
Tetra Technologies Inc. President Former
Tenneco, Inc. Executive Vice President Former
Tgc Industries, Inc. Chairman of the Board Former
The University of Texas Ph.D Former
The University of Texas M.B.A. Former
The University of Texas B.B.A. Former
Harvard Business School Advanced Management Program Former

Edward L. Flynn , 74, joined the Board of Directors in 2007. He is the owner of Flynn Meyer Company, a restaurant management company; Treasurer and Director of Citri-Lite Co., a soft drink company; Director of Bioject Medical System, a medical device company; Director of Supreme Industries, Inc., a manufacturer of specialized truck bodies and shuttle buses; and Director of TGC Industries, Inc., a geophysical services company.

Organization Position Status
Tgc Industries, Inc. Treasurer Current
Chase Packaging Corp Board of Directors Current
Supreme Industries, Inc. Treasurer Current

Herbert M. Gardner , 69, Vice President of the Company since 2001, was a director of Chase Packaging from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Gardner is Executive Vice President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MKTG, Inc., a marketing and sales promotion company; Director of Nu Horizons Electronics Corp., an electronic component distributor; Chairman of the Board of Supreme Industries, Inc., a manufacturer of specialized truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Director of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.

Organization Position Status
Chase Packaging Corp Vice President and Director Current
Rumson- Fair Haven Bank & Trust Co Director Current
Nu Horizons Electronics Corp. Board of Directors Current
Marketing Group, Inc. Director Current
Tgc Industries, Inc. Director Current
Supreme Industries, Inc. Chairman & President Former
Chase Packaging Corp Director Former
Supreme Industries, Inc. Board of Directors Former

Organization Position Status
Tgc Industries, Inc. Board of Directors Current

William J. Barrett , 69, Secretary of the Company since 2001, was a director of the Company from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Barrett is President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MassMutual Corporate Investors and MassMutual Participation Investors, closed-end investment trusts; Director, Executive Vice President, Assistant Treasurer and Secretary of Supreme Industries, Inc., a specialized manufacturer of truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Chairman of the Board of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.

Organization Position Status
MassMutual Corporate Investors Director Current
Chase Packaging Corp Secretary Current
Tgc Industries, Inc. Director Current
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     TGE $3.95 -0.01 (-0.25% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 68,659
Shares Outstanding 18.29M
Market Cap 72.2M
Year High 5.7499
Year Low 1.38
Earnings Per Share 0.40
P/E Ratio 9.87
Dividend N/A
Yield N/A
IndustryTop Rated

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