| Smith International, Inc. supplies products and services to the oil and gas exploration and production industry, the petrochemical industry, and other industrial markets worldwide. The company operates in two segments, Oilfield Products and Services, and Distribution. The Oilfield Products and Services segment includes M-I SWACO, which provides drilling and completion fluid systems and services, solids-control and separation equipment, waste-management services, and oilfield production chemicals; Smith Technologies, which manufactures and sells three-cone drill bits, diamond drill bits, and turbine products; and Smith Services, that offers products and services used for drilling, workover, well completion, and well reentry operations. The Distribution segment consists of a supply-chain management company, which markets a range of products and services, including pipe, valves, and fittings, as well as mill, safety, and other maintenance products for the energy, refining, petrochemical, power generation, and mining industries in the United States and Canada. In addition, it provides underreamers, casing exit and multilateral systems, packers, liner hangers, and supply-chain management solutions. Smith International was incorporated in 1937 and is headquartered in Houston, Texas. |
