Dresser-Rand Group Inc (NYSE:DRC)

81.31
Data as of 4:01pm ET
 +0.06 / +0.07%
Today’s Change
51.46
Today|||52-Week Range
82.95
+36.36%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oilfield Services/Equipment
MARKET CAP
$6.2B

Company Description

Dresser-Rand Group, Inc. is a global supplier of custom-engineered rotating equipment solutions for long-life, critical applications in the oil, gas, chemical, petrochemical, process, and power, military and other industries worldwide. It is engaged in the design, manufacture, sale and servicing of centrifugal and reciprocating compressors, gas and steam turbines, gas expanders, gas engines and associated control panels. The company operates through two segments: New Units and Aftermarket Parts and Services. The New Units segment manufactures highly-engineered turbo and reciprocating compression equipment and steam turbines. This segment includes engineering, manufacturing, project management, packaging, testing, sales and administrative support. The Aftermarket Parts and Services consist of support solutions for the existing population of installed equipment and the operation and maintenance of several types of energy plants. The segment includes engineering, manufacturing, project management, installation, commissioning, start-up and other field services, repairs, overhauls, refurbishment, sales and administrative support. Dresser-Rand Group was founded in October 2004 and is headquartered in Houston, TX.

Contact Information

Dresser-Rand Group, Inc.
West8 Tower
Houston Texas 77042
P:(713) 354-6100
Investor Relations:
(713) 973-5497

Employees

Shareholders

Mutual fund holders49.31%
Other institutional43.42%
Individual stakeholders17.02%

Top Executives

Vincent R. VolpePresident, Chief Executive Officer & Director
Christopher RossiExecutive Vice President-Global Operations
Jan Kees van GaalenChief Financial Officer & Executive Vice President
Pascal LardyVP & General Manager-European Operations
Steven G. BradyChief Information Officer & VP-Process Innovation

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