TESCO Corp (NASDAQ:TESO)

12.06
Delayed Data
As of May 28
 -0.08 / -0.66%
Today’s Change
9.53
Today|||52-Week Range
22.50
-5.93%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oilfield Services/Equipment
MARKET CAP
$473.0M

Company Description

Tesco Corp. designs, manufactures and provides technology based solutions for the upstream energy industry. It also designs and manufactures a variety of drilling rigs, drilling machinery and related equipment. The company's products and service offerings consist mainly of equipment sales and services to drilling contractors and oil and natural gas operating companies. It Tesco operates its business through five segments: Top Drive, Tubular Services, Casing Drilling, Research and Engineering and Corporate and Other. The Top Drive segment sells equipment and provides services to drilling contractors and exploration and production companies throughout the world. The company provides top drive rental services on a day-rate basis for land and offshore drilling rigs and it also provide after-market sales and support services to its customers. The Tubular Services segment includes a suite of automated offerings, as well as conventional casing and tubing running services for both onshore and offshore markets. These services are typically contracted on a call out basis. The Research and Engineering segment is comprised of internal research and development activities related to the company's proprietary tubular services and Casing Drilling technology and top drive model development. The Corporate and Other segment is including executive management and several global support and compliance functions. Tesco was founded on December 1, 1993 and is headquartered in Houston, TX.

Contact Information

Tesco Corp.
3993 West Sam Houston Parkway North
Houston Texas 77043-1221
P:(713) 359-7000
Investor Relations:
(713) 359-7105

Employees

Shareholders

Mutual fund holders50.44%
Individual stakeholders34.82%
Other institutional33.33%

Top Executives

Fernando Rafael AssingPresident, Chief Executive Officer & Director
Christopher L. BooneChief Financial Officer & Senior Vice President
Dean A. FerrisSecretary, Senior Vice President & General Counsel
Thomas B. SloanChief Accounting Officer, VP & Controller
Blanca FelanInvestor Relations Contact

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