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Mitcham Industries Inc. (MIND)

13.48 Up 0.32(2.43%) 4:00PM EDT
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Mitcham Industries Inc.
8141 Highway 75 South
Huntsville, TX 77340
United States - Map
Phone: 936-291-2277
Fax: 936-295-1922

Index Membership:N/A
Industry:Scientific & Technical Instruments
Full Time Employees:194

Business Summary 

Mitcham Industries, Inc., through its subsidiaries, leases, sells, and services geophysical and other equipment to the seismic industry worldwide. The company operates in two segments, Equipment Leasing and Seamap. The Equipment Leasing segment leases seismic equipment for short-term primarily to seismic data acquisition contractors and oil field service providers. This segment also provides land equipment lease pool, including seismic recording land channels, geophones and cables, heli-picker equipment, batteries, and other peripheral equipment; marine seismic equipment lease pool comprising streamers, air guns, streamer positioning equipment, energy source controllers, and other equipment; and downhole equipment lease pool that includes downhole seismic tools. In addition, it is also involved in the sale of new seismic equipment of other manufacturers; and provision of equipment, consumables, systems integration, engineering hardware, and software maintenance support services to the seismic, hydrographic, oceanographic, environmental, and defense industries, as well as sale of used equipment from its lease pool. The Seamap segment designs, manufactures, and sells a range of products for the marine seismic industry. Its products include GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys with precise control of energy sources; and BuoyLink RGPS tracking systems that are used to offer precise positioning of seismic sources and streamers. This segment also provides streamer weight collars, depth transducers, pressure transducers, and floatation systems; spare and replacement parts; and repair services, engineering services, training, field service operations, and umbilical terminations. The company was founded in 1987 and is headquartered in Huntsville, Texas.

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Corporate Governance 
Mitcham Industries Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 3; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Billy F. Mitcham Jr., 66
Chief Exec. Officer, Pres, Director and Member of Strategic Planning Committee
Mr. Robert P. Capps , 60
Chief Financial Officer, Principal Accounting Officer, Exec. VP of Fin., Director and Member of Strategic Planning Committee
Mr. Paul Guy Rogers , 64
Exec. VP of Bus. Devel.
Mr. Guy Malden , 62
Exec. VP of Marine Systems
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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