Smith International, Inc.
Industry: Oil Well Services Equipment
Fortune Rank: 277
SII supplies products and services to the oil and gas drilling and production industry. The Company provides drilling fluids and systems, drill bits and drilling and completion products and services. For the 6 months ended 6/30/05, revenues rose 27% to $2.64B. Net income increased 86% to $134.2M. Revenues reflect an increase in demand for Oilfield segment product offerings. Net income reflects improved fixed costs coverage.
Smith International, Inc. is a supplier of products and services to the oil and gas exploration and production industry, the petrochemical industry and other industrial markets. The Company operates through its four business units: M-I SWACO, Smith Technologies, Smith Services and Wilson. M-I SWACO provides drilling and completion fluid systems and services, solids-control and separation equipment, waste-management services and oilfield production chemicals, while Smith Technologies manufactures and sells three-cone drill bits, diamond drill bits and turbine products. Smith Services manufactures and markets products and services used for drilling, workover, well completion and well re-entry operations. The Wilson unit markets pipe, valves and fittings, as well as mill, safety and other maintenance products to energy and industrial markets.
Smith International, Inc.
Smith International, Inc. is a Fortune 500 company. In 2010 Smith International, Inc. was ranked number 277 on the Fortune 500 list, making it the 277th largest company in the United States when judged by revenue.
Smith International, Inc. achieved revenue of $8,218.60 million in 2010 and earned a profit of $148.50 million.
Smith International, Inc.'s rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 250th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $10,771 million (a change of -2 million compared to 2010) and profits of $767 million (a change of -618 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Smith International, Inc. would be ranked 334th rather than 277th due to its profits of $149 in 2010.
Smith International, Inc. | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 8,219 | 149 | 277 |
2009 | 10,771 | 767 | 250 |
2008 | 8,764 | 647 | 302 |
2007 | 7,334 | 502 | 324 |
2006 | 5,579 | 302 | 390 |
* US$ Million
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Address
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Smith International, Inc.
PO Box 60068
Houston
TX
77205
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Smith International, Inc.
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Contact Details
- Phone: 281-443-3370
- Fax: N/A
- Website: www.smith-intl.com
- Stock Symbol: SII
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