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6 pts

Opinion on  Smith International Inc. (SII)     Sector: Energy  >  Industry: Oil Well Services & Equipment
SII - cooper

Jul 26, 2007 01:36 AM GMT
Canada
Return Risk
-14.55% HIGH
Sr. Analyst

sii


Update 10/07:

BUSINESS SUMMARY  
Smith International, Inc. provides products and services to the oil and gas exploration and production industry worldwide. It operates through two segments, Oilfield and Distribution. The Oilfield segment offers products and engineering services, including drilling and completion fluid systems, solids-control and separation equipment, waste-management services, and oilfield production chemicals; three-cone drill bits, diamond drill bits, and turbine products; and tubulars, fishing services, drilling tools, underreamers, casing exit and multilateral systems, packers, and liner hangers for drilling, workover, well completion, and well re-entry operations. The Distribution segment markets pipe, valves, and fittings, as well as mill, safety, and other maintenance products to the energy, refining, petrochemical, power generation, and mining industries through a network of supply branches, service centers, and sales offices. This segment also provides warehouse management, vendor integration, and various surplus and inventory management services, as well as distributes maintenance, repair, and operating supplies and equipment; and line pipe and automated valve products, including valve, actuator, and control packages. Smith International was founded in 1937 and is headquartered in Houston, Texas.


SII:  This call was made on 07/26/07 @ $62.5
Rating:   Positive   $62.5 (07/26/07)
Gain/Loss:   -52.58% in 838 days
Target:   $70.00 (+12.00%) in < two weeks


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