Key Developments For T-3 Energy Services, Inc.
T-3 Energy Services, Inc. (TTES.O) (Nasdaq)
T-3 Energy Services, Inc. Issues Q4 2009 EPS Guidance In Line With Analysts' Estimates
T-3 Energy Services, Inc. announced that for the fourth quarter of 2009, it expects earnings to be in the range of $0.22-$0.26 per share (EPS). According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.22 for the same period.
T-3 Energy Services, Inc. Announces Management Changes
T-3 Energy Services, Inc. announced the appointment of Steven W. Krablin as President, Chief Executive Officer and Chairman of the Board of the Company, effective immediately. Mr. Krablin replaces Gus D. Halas, who has left the Company to pursue other interests.
T-3 Energy Services, Inc. Acquires Surface Wellhead Business Of Azura Energy Systems
T-3 Energy Services, Inc. announced that it has completed the purchase of the assets of the Azura Energy Systems Surface business for $8.14 million in cash plus the assumption of accounts payable and other current liabilities.
T-3 Energy Services, Inc. Issues Q3 2008 EPS Outlook; Revenue Outlook Slightly Above Analysts' Estimates
T-3 Energy Services, Inc. announced that for third quarter 2008, it expects earnings be in the range of $0.31 and $0.35 per diluted share. The Company anticipates quarterly revenues of approximately $69.8 million. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $69.32 million for third quarter 2008.
T-3 Energy Services, Inc. Receives Purchase Order for Diamond Series Double Ram Subsea BOPS
T-3 Energy Services, Inc. announced that it has received a purchase order for two 18 3/4" - 10,000 psi T-3 Model 6012 Diamond Series Double Ram Subsea Blowout Preventers (BOPs). These subsea pressure control products will be fitted with standard operators for normal well control operations with the exception of the upper ram cavity which will be fitted with larger bore shear operators. These larger bore products close and shear the drill string, forming a positive seal off at the well bore to shut in the well during emergency situations. The total package order is in excess of $3 million. The destination for these products will be drilling operations offshore Brazil.
