BNET Industries
Last Fiscal Year Sales:$634.0M
- Private
- US
Dow Jones Description
Veritas gets straight to the truth about oil location. Founded in 1965 and headquartered in Houston, TX, Veritas DGC Inc. offers geological and seismic data to the petroleum industry. The company acquires, processes, analyzes, and sells 2D, 3D, and 4D (which record changes over time) images of the surface and subsurface in order to determine the best drilling locations. It has 15 data processing centers and 4 visualization centers. It operates in North America, South America, Europe, Africa, Middle East, and Asia. The company has annual revenue of about $634 million and employs about 3,000 people. In 2006, it performed wide-azimuth seismic surveys for BP America in the Gulf of Mexico. At January 31, 2006, the company's backlog amounted to $474 million.
Chairman and CEO
Robert BrunckNumber of Employees 2,794
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
News & Analysis
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veritas dgc inc. - All News and Analysis
Veritas DGC Inc. and Compagnie Generale de Geophysique Announce Preliminary Results of Elections for Merger Consideration
Veritas DGC Inc. (NYSE: VTS) and Compagnie Generale de Geophysique (NYSE: GGY) today announced that based on the preliminary results of elections received prior to yesterday's deadline for making a cash or stock election under the merger agreement, the cash consideration is oversubscribed. The stockholders who elected cash will receive...
Veritas DGC Inc. and Compagnie Generale de Geophysique Announce Preliminary Results of Elections for Merger Consideration.
HOUSTON, TEXAS, Jan 12, 2007 CCNMatthews via COMTEX -- Veritas DGC Inc. (NYSE:VTS) and Compagnie Generale de Geophysique (NYSE:GGY) today announced that based on the preliminary results of elections received prior to yesterday's deadline for making a cash or stock election under the merger agreement, the...
Veritas DGC Inc. Announces Earnings Release Date
Veritas DGC Inc. (NYSE: VTS) will release financial results on Wednesday, December 6th, after the market closes, for its first quarter ended October 31, 2006. The Company's conference call is scheduled on Thursday, December 7th, at 8:00 a.m. central time. The dial-in number to participate is 800-374-0113 or 706-758-9607....
Veritas DGC Inc. Announces Earnings Release Date.
HOUSTON, TEXAS, Nov 29, 2006 CCNMatthews via COMTEX -- Veritas DGC Inc. (NYSE:VTS) will release financial results on Wednesday, December 6th, after the market closes, for its first quarter ended October 31, 2006. The Company's conference call is scheduled on Thursday, December 7th,...
Veritas DGC Inc. Announces Earnings Release Date
Veritas DGC Inc. (NYSE: VTS) will release financial results on Wednesday, October 4th, after the market closes, for its fourth quarter and fiscal year ended July 31, 2006. The Company's conference call is scheduled on Thursday, October 5th, at 8:00 a.m. central time. The dial-in number to participate is...
Veritas DGC Inc. Announces Earnings Release Date.
HOUSTON, TEXAS, Sep 27, 2006 CCNMatthews via COMTEX -- Veritas DGC Inc. (NYSE:VTS) will release financial results on Wednesday, October 4th, after the market closes, for its fourth quarter and fiscal year ended July 31, 2006. The Company's conference call is scheduled on Thursday,...
Eidesvik Offshore ASA secures long-term contract for MPSV Viking Poseidon from Veritas DGC Inc
NORDIC BUSINESS REPORT-21 September 2006-Eidesvik Offshore ASA secures long-term contract for MPSV Viking Poseidon from Veritas DGC IncC1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian offshore vessels operator Eidesvik Offshore ASA said on Thursday (21 September) that it has received an eight-year contract for the multi-purpose vessel MPSV Viking Poseidon...
Veritas DGC Inc. Terminates Discussions Relating to Sale of Land Seismic Acquisition Business
Veritas DGC Inc. (NYSE: VTS) announced today that on September 4, 2006, it terminated its discussions with Matco Capital Ltd. Matco relating to the possible sale of Veritas's land seismic acquisition business. Veritas DGC cautions that statements in this release may constitute forward-looking statements within the meaning of the...
Bellwether Report.com is Observing Veritas DGC Inc.
M2 PRESSWIRE-5 September 2006-bellwetherreport.com: Bellwether Report.com is Observing Veritas DGC Inc.C1994-2006 M2 COMMUNICATIONS LTD RDATE:05092006 The Bellwether Report Takes Notice of Veritas DGC Inc. (NASDAQ:VTS) A veritable leader in seismic data acquisition, Veritas DGC serves the petroleum industry...
Veritas DGC Inc. Terminates Discussions Relating to Sale of Land Seismic Acquisition Business.
HOUSTON, TEXAS, Sep 5, 2006 CCNMatthews via COMTEX -- Veritas DGC Inc. (NYSE:VTS) announced today that on September 4, 2006, it terminated its discussions with Matco Capital Ltd. Matco relating to the possible sale of Veritas's land seismic acquisition business. Veritas DGC cautions that...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Timothy L. Wells | President & COO |
| Mark E. Baldwin | CFO, Executive Vice President & Treasurer |
| Stephane-Paul Frydman | Cfo |
| Gerard Chambovet | Senior Executive Vice President, In |
| Colin Murdoch | Senior Vice President, Technology |
| Dennis S. Baldwin | Vice President & Controller |
| Larry Worden | General Counsel, Vice President & Secretary |
| Scott Smith | Vice President, HR |
| Stephen Hallows | Vice President, Health, Safety & Environ |
| Vincent M. Thielen | Vice President, Business Development |
| Michele Wood | Director, Creative Services |
| Vince Thielen | |
| Margaret S. Dano | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert Brunck | Chairman and CEO |
| Clayton P. Cormier | Board of Directors |
| David F. Work | Board of Directors |
| James R. Gibbs | Board Director |
| Jan A. Rask | Board of Directors |
| Loren K. Carroll | Board Director |
| Stephen J. Ludlow | Vice Chairman |
| Terence K. Young | Board of Directors |
| Yoram Shoham | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Hampson-Russell Software Services Ltd. | Chairman and CEO | Current |
| CGGVeritas Services | CEO | Current |
| Cgg | Chairman and CEO | Current |
| Veritas DGC Inc. | Chairman and CEO | Current |
| Armines | Director, Chairman | Current |
| CGGVeritas Services | Chairman | Current |
| Armines | Director | Current |
| Cgg | Chairman and President | Former |
| Cgg | Chief | Former |
| Cgg | Vice President of Administration and Development | Former |
| Cgg | Vice Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | President & COO | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | CFO, Executive Vice President & Treasurer | Current |
| First Reserve Corporation | executive vice president | Former |
| First Reserve Corporation | operating partner | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Senior Executive Vice President, In | Current |
| Cgg | Senior Executive Vice President, In | Current |
| Cgg | Chairman of the Board | Current |
| Argas | Director | Current |
| Cgg | Manager | Former |
| Cgg | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Senior Vice President, Technology | Current |
| The Technology Company, Inc. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Vice President & Controller | Current |
| Universal Compression, Inc. | Vice President & Controller | Former |
| Exterran Partners, L.P. | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | General Counsel, Vice President & Secretary | Current |
| King Ranch, Inc. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Vice President, HR | Current |
| Baker Hughes Incorporated | Vice President of Manufacturing | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Vice President, Health, Safety & Environ | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Director, Creative Services | Current |
| Veritas DGC Inc. | Director, Creative Services | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Board of Directors | Current |
Mr. James R. Gibbs joined the Company in February 1982 and has been President and Chief Operating Officer since January 1987. He assumed the additional position of Chief Executive Officer on April 1, 1992 and additionally became Chairman of the Board on April 29, 1999. Mr. Gibbs is a member of the Board of Directors of Smith International, Inc., an oil field service company; an advisory director of Frost National Bank in Houston; a director of Veritas DGC Inc., a seismic service company; and a director of Talon International, an oil and gas company. Mr. Gibbs was elected a director of the Company in 1985.
| Organization | Position | Status |
|---|---|---|
| Frost National Bank | Advisory Director | Current |
| Frontier Oil Corporation | Chairman | Current |
| Smith International, Inc. | Board Director | Current |
| Veritas DGC Inc. | Board Director | Current |
| Frontier Oil Corporation | Chief Executive Officer | Former |
| Frontier Oil Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Board of Directors | Current |
Mr. Carroll served as President and Chief Executive Officer of M-I SWACO, a supplier of drilling and completion fluids and waste management products and services owned 60% by Smith International, Inc., and as Executive Vice President of Smith International, Inc., a supplier of products and services to the oil and gas, petrochemical, and other industrial markets from March 1994 until his retirement in April 2006. He initially joined Smith International in December 1984, and was serving as Executive Vice President and Chief Financial Officer when he left in 1989 and returned in October 1992. Mr. Carroll is a director of Smith International, Inc., Fleetwood Enterprises, Inc., a producer of recreational vehicles and manufactured homes, CGG-Veritas, a geophysical services and equipment company, and KBR, Inc., an engineering and construction company. Mr. Carroll is a member of our Compensation Committee and is the Chairman of the Nominating and Corporate Governance Committee.
| Organization | Position | Status |
|---|---|---|
| CGGVeritas Services | Producer | Current |
| KBR, Inc. | Board of Directors | Current |
| Fleetwood Enterprises, Inc. | Director | Current |
| Forest Oil Corporation | Director | Current |
| Cgg | Director | Current |
| Motor Carrier Services | Director | Current |
| Veritas DGC Inc. | Board Director | Current |
| Smith International, Inc. | Board Director | Current |
| Mi-Co, Inc. | Chief Executive Officer | Former |
| M-I L.L.C. | President & CEO | Former |
| Fleetwood Enterprises, Inc. | President | Former |
| Smith International, Inc. | Cfo | Former |
| Mi-Co, Inc. | Executive Vice President | Former |
| Smith International, Inc. | Vice President | Former |
| Veritas, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Director | Current |
| Fleetwood Enterprises, Inc. | Board of Directors | Current |
| Fleetwood Enterprises, Inc. | Vice President, Worldwide Operations | Former |
| Supreme Court of the United States | Former |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC (M) Sdn. Bhd. | President | Current |
| Veritas DGC Inc. | Vice Chairman | Current |
| Veritas DGC Inc. | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Veritas DGC Inc. | Board of Directors | Current |
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