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Tesco Corporation (TESO)

16.05 Down 0.23(1.40%) 10:15AM EST - Nasdaq Real Time Price
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Tesco Corporation
3993 West Sam Houston Parkway North
Suite 100
Houston, TX 77043
United States - Map
Phone: 713-359-7000
Fax: 713-359-7001

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:2,125

Business Summary 

Tesco Corporation, together with its subsidiaries, is engaged in the design, manufacture, and service delivery of technology-based solutions for the upstream energy industry worldwide. The company operates through Top Drive and Tubular Services segments. The Top Drive segment manufactures and sells top drives that are used in drilling operations to rotate the drill string and/or casing while suspended from the derrick above the rig floor for drilling contractors, rig builders, and equipment brokers. It offers various portable and permanently installed top drive products that include hydraulically and electrically powered machines with lifting capacities of 150 through 750 tons. This segment also rents hydraulically powered top drive systems on a day-rate basis for land and offshore drilling rigs; and provides after-market sales and services, new units commissioning, working units recertification, rig up and installation, onsite training and top drive supervision, and ongoing maintenance contracts services. As of March 31, 2014, its rental fleet comprised 127 units. The Tubular Services segment offers various automated offerings; and conventional casing and tubing running services for oil and natural gas operating companies. This segment also provides installation service of deep water completion equipment; and equipment and personnel for the installation of tubing and casing, including power tongs, pick-up/lay-down units, torque monitoring services, and connection testing services for new well construction, and in work-over and re-entry operations. The company was founded in 1966 and is headquartered in Houston, Texas.

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Corporate Governance 
Tesco Corporation’s ISS Governance QuickScore as of Nov 1, 2014 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Julio Manuel Quintana , 54
Chief Exec. Officer, Pres and Exec. Director
Mr. Fernando Rafael Assing , 48
Chief Operating Officer and Exec. VP
Mr. Dean A. Ferris , 57
Sr. VP, Gen. Counsel and Corp. Sec.
Mr. Christopher L. Boone , 45
Chief Financial Officer, Principal Accounting Officer and Sr. VP
Mr. James A. Lank , 48
VP and Gen. Mang. of Russia/CIS Bus. Unit
Amounts are as of Dec 31, 2013 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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