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Tesco Corporation (TESO)


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5.350.00 (0.00%)
As of 11:47AM EDT. Market open.
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Tesco Corporation

11330 Clay Road
Suite 350
Houston, TX 77041
United States
713-359-7000
http://www.tescocorp.com

SectorBasic Materials
IndustryOil & Gas Equipment & Services
Full Time Employees1,215

Key Executives

NameTitlePayExercisedAge
Mr. Fernando Rafael AssingChief Exec. Officer, Pres and Director463.12kN/A51
Mr. Christopher L. BooneChief Financial Officer and Sr. VP324.19kN/A48
Mr. John T. GatlinChief Operating Officer and Sr. VP37.5kN/A43
Mr. Thomas B. Sloan Jr.Principal Accounting Officer, VP and Corp. Controller194.51kN/A50
Mr. Michael James NiedermaierVP of Eastern Hemisphere - Tesco Canada International Inc301.36kN/A41
Amounts are as of December 31, 2016 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.

Description

Tesco Corporation engages in the design, assembly, and service delivery of technology-based solutions for the upstream energy industry in the United States and internationally. It operates through Products, Tubular Services, and Research and Engineering segments. The company assembles top drives, automated catwalks, and other automated pipe handling equipment used in drilling operations to convey tubulars to and from the rig floors or rotate the drill strings and/or casings while suspended from the derrick above the rig floors; and offers portable and permanently installed top drive products, including hydraulically and electrically powered machines. It also provides top drive rental services on a day-rate basis for land and offshore drilling rigs; and after-market sales and services, such as rig up and training, onsite supervision, and recertification and repair services. In addition, the company offers offshore casing and tubing running services for deep water and shelf applications; and conventional services for the installation of tubing and casing, including power tongs, pick-up/lay-down units, torque monitoring services for new well construction, and work-over and re-entry operations. It serves drilling contractors, rig builders, equipment brokers, oil and natural gas operating companies, and other service companies. Tesco Corporation was founded in 1966 and is headquartered in Houston, Texas.

Corporate Governance

Tesco Corporation’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 4; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.