DD, WEL news very positive, especially HAL's purchase of 5 million shares investment
Boots & Coots Intl. Well
N MARKET GUIDE INC
G
K Copyright (c) 1999, Market Guide Inc., All rights reserved
G TABLE OF CONTENTS
L
OUS;WEL[MG]/2 L<<< Company Description
OUS;WEL[MG]/3 L<<< Quarterly Summary
OUS;WEL[MG]/4 L<<< Company To Industry Ratio Comparison
OUS;WEL[MG]/5 L<<< Share Ownership & Price Performance
OUS;WEL[MG]/6 L<<< Capitalization, Officers & Address
OUS;WEL[MG]/7 L<<< Annual Income Statements
OUS;WEL[MG]/8 L<<< Annual Income Statements - Continued
OUS;WEL[MG]/9 L<<< Quarterly & Year To Date Income Statements
OUS;WEL[MG]/10 L<<< Annual & Quarterly Balance Sheets
OUS;WEL[MG]/11 L<<< Annual & Year To Date Statement of Cash Flows
G
G
G
OComplete Financials: G September 1998 OExchange G AMEX
O G OFY END G DEC
L ISSUE DATA (04/09/99) PER SHARE DATA RATIOS
OPrice $ G 1.69 OEPS (TTM) $ G -0.03 OP/E (TTM) G NM
O52W High $ G 7.94 ODiv. Rate $ G 0.00 OYield G 0.00 %
O52W Low $ G 1.34 OBook Value $ G 0.75 OPrice/Book G 2.24
OShrs Out G 32.93 Mil OCash $ G 0.09 OROE (TTM) G -4.81 %
OFloat G 17.10 Mil ORev (TTM) $ G 1.85 OROA (TTM) G -0.27 %
OMon. Vol G 1.87 Mil O G OCurr. Ratio G 1.82
OBeta G NA O G OLT Dbt/Eqty G 1.80
O BRIEF: G Boots & Coots International Well Control is a global
G response oil field services company that specializes in
G responding to & controlling oil field emergencies, including
G blow outs and well fires. WEL also provides snubbing and
G other non-critical well services. For the 9 months ended
G 9/30/98, revenues totalled $55M, up from $3.9M. Net loss
G applicable to Common totalled $80K, up from $1K. Results
G reflect acquisitions, offset by preferred dividends.
G
G L HISTORICAL QUARTERLY RESULTS ($000)
LREVENUE 1996 1997 1998
O1st Qtr MAR G 410 0 11,959
O2nd Qtr JUN G 329 0 18,565
O3rd Qtr SEP G 240 2,095 24,451
O4th Qtr DEC G 1,585 3,294
LEPS (U.S. Dollars per share)
O1st Qtr MAR G 0.001 0.000 0.010
O2nd Qtr JUN G -0.020 0.000 0.000
O3rd Qtr SEP G -0.030 -0.005 -0.010
O4th Qtr DEC G 0.030 -0.020
G
G 1/98, Exch. chg. from Pink Sheets to AMEX. All fncls. prior
G to 9/97 are pro forma to reflect acqs. 7/97, Co. acq. Boots
G & Coots, L.P. for $3.7M. FY'97 = 6 mos. due to FYE change.
G
L DIVIDENDS EMPLOYEES
O Last Dividend Decl. G $ NA O # Employees G 183
O Last Div Ex-Date G NA O Sales/Employee (TTM) G 318,410
O Last Div Pay Date G NA O Net. Income/Empl.(TTM G) NM
LCOMPANY COMPARISON TO THE ENERGY AND S&P 500 AGGREGATES
LVALUATION RATIOS: COMPANY INDUSTRY S&P 500
OP/E Ratio G NM 30.96 37.06
ODividend Yield G 0.00 1.97 1.21
OPrice to Tangible Book G 3.51 3.65 11.96
OPrice to Book G 2.24 3.30 8.65
OPrice to Free Cash Flow G -3.98 20.79 45.73
LGROWTH STATISTICS:
O3 Yr Rev Growth G NA 8.14 15.69
O3 Yr EPS Growth G NA 9.80 16.13
O3 Yr Div Growth G NA 7.12 11.05
OReinvestment Rate G 100.00 53.02 70.71
LPROFITABILITY RATIOS:
ONet Profit Margin G -0.19 4.01 11.13
OReturn on Equity G -4.81 7.69 22.30
OInterest Coverage G 1.28 5.02 7.97
LFINANCIAL STRENGTH RATIOS:
OCurrent Ratio G 1.82 1.11 1.46
OLT Debt to Equity G 1.80 0.62 0.87
OTotal Debt to Equity G 1.85 0.75 1.05
L INSTITUTIONAL OWNERSHIP INSIDER TRADING (Prev. 6 months)
G O % Shares Out. Owned G 3.60 % ONet Insider Trades G 6
O # of Institutions G 5 O# Buy Transactions G 6
O Total Shs Held G 1.186 Mil O# Sell Transactions G 0
O 3 Mo. Net Purch. G 1.133 Mil ONet Shares Bought G 0.092 Mil
O 3 Mo. Shs Purch. G 1.145 Mil O# Shares Bought G 0.092 Mil
O 3 Mo. Shs Sold G 0.012 Mil O# Shares Sold G 0.000 Mil
G
O 4 Week Price % Change G -20.6% O 4 Week Rel. Price % Change G -23.3%
O 13 Week Price % Change G -35.7% O 13 Week Rel. Price % Change G -39.2%
O 26 Week Price % Change G -28.9% O 26 Week Rel. Price % Change G -49.3%
O 52 Week Price % Change G -64.9% O 52 Week Rel. Price % Change G -71.0%
OYTD Week Price % Change G -43.7% OYTD Week Rel. Price % Change G -48.5%
G
L SHORT INTEREST
O Current month G 0.053 Mil
O Previous month G 0.002 Mil
O Avg Daily Vol. G 0.071 Mil
G
LMARKET MAKERS: G AMEX
OEQUITY: GCommon Stock $.00001 Par, 11/98, 50M auth., 32,933,000 issd.
GInsiders own 48%. Priv. Placement 9/97, 7,475,000 shs @ $1
Gby the Co. (As of 12/97) LTD: $1.4M @ 12%, $37K @ 9.25% -
G12.25%. Pref. Stock $.00001 Par, 5M auth., 196K issd.
G*NOTE: 7/97, Co. acq'd IWC Services for 15,502,000 shs &
Gchgd. name from Havenwood Ventures.
G
OOFFICERS: G Brian Krause, Pres., Larry H. Ramming, Chmn./CEO,
GThomas L. Easley, VP/CFO, Richard Hatteberg, Sr. VP, Danny
GClayton, Sr. VP, James Tuppen, Sr. VP. TRANSFER AGENT:
GJersey Transfer & Trust Company. Company incorp. 1988 in
GDE. Direct inquiries to: Larry H. Ramming, Chmn./CEO.
O ADDRESS & PHONE NUMBERS
GBoots & Coots Intl. Well
G5151 San Felipe
GSuite 450
GHouston, TX 77056
GPHONE: (713) 621-7911
G FAX: (713) 621-7988
G
LANNUAL INCOME STATEMENT ($000)
L 12M 06/30/96 12M 06/30/97 6M 12/31/97
ORevenues G 1,662 2,564 5,389
O Total Revenue G 1,662 2,564 5,389
OOperating Expenses G 1,321 1,460 3,786
OGeneral/Admin. G 773 1,061 1,536
ODepreciation/Amort. G 50 111 500
O Total Expenses G 2,144 2,632 5,822
O Operating Income G -482 -68 -433
LANNUAL INCOME STATEMENT ($000) (Contd.)
L 12M 06/30/96 12M 06/30/97 6M 12/31/97
O Operating Income G -482 -68 -433
OOther, Net G 4 -63 -92
OLoss on Debt Exting. G 0 0 -192
O Income Before Taxes G -478 -131 -717
OIncome Taxes G -138 25 41
O Income After Taxes G -340 -156 -758
O Pri/Bas EPS Ex. XOrd G -0.068 -0.013 -0.032
O Pri/Bas EPS In. XOrd G -0.068 -0.013 -0.032
OPrimary/Basic Avg Sh G 5,000.00 12,191.17 23,864.06
OCommon Dividends/Shr G 0.0000 0.0000 0.0000
LSELECTED INCOME STATEMENT ITEMS ($000)
L QUARTERS YEAR TO DATE
L 3M 09/30/97 3M 09/30/98 9M 09/30/97 9M 09/30/98
ORevenue G 2,095 24,451 3,920 54,975
OOperating Expenses G 2,087 22,729 3,751 51,307
O Operating Income G 8 1,722 169 3,668
ONon-Operating Income G 0 51 0 -100
ONon-Operating Expenses G -90 -1,449 -152 -2,516
O Income Before Taxes G -82 324 17 1,052
OIncome Taxes G 6 219 18 493
OAdjustments to Income G 0 -391 0 -639
O Inc. for Primary EPS G -88 -286 -1 -80
O Pri/Bas EPS Ex. XOrd G -0.005 -0.009 -0.002 -0.002
ODisc Opns + Xord Items G 0 0 0 0
O Pri/Bas EPS In. XOrd G -0.005 -0.009 -0.002 -0.002
OPrimary/Basic Avg Sh G 18,422.99 32,453.00 14,867.33 31,151.33
O Dilutd EPS Excl XOrd G -0.005 -0.009 -0.004 -0.003
O Dilutd EPS Incl XOrd G -0.005 -0.009 -0.004 -0.003
OCommon Dividends/Shr G 0.000 0.000 0.000 0.000
LSELECTED BALANCE SHEET ITEMS ($000)
L YEAR ENDING QUARTER ENDING
L 06/30/97 12/31/97 09/30/97 09/30/98
OCash & ST Investments G 701 1,718 2,755 2,958
OReceivables G 1,381 2,766 2,249 29,133
O Total Current Assets G 2,420 6,042 6,363 48,488
OLT Investments G 0 0 0 0
OFixed Assets G 391 6,948 7,126 33,747
O Total Assets G 3,424 14,061 14,473 95,443
OAccounts Payable G 666 1,679 1,243 17,100
OST Debt & Curr LTD G 22 1,565 2,251 1,273
O Total Current Liab. G 1,184 3,730 3,590 26,622
OLT Debt & Cap Leases G 1,414 99 90 44,209
O Total Liabilities G 2,598 3,829 3,680 70,831
OPreferred Stock G 0 0 0 0
OCommon/Paid In Capital G 1,048 11,213 11,101 25,673
ORetained Earnings G -223 -981 -307 -1,061
O Total Equity G 825 10,232 10,794 24,612
OShares Outstanding G 14,187 29,999 29,704 32,658
LSELECTED STMT OF CASH FLOWS - INDIRECT METHOD ($000)
L ANNUAL YEAR TO DATE
L 12M 06/30/97 6M 12/31/97 3M 09/30/97 9M 09/30/98
ONet Income G -156 -759 -89 -80
ODepreciation & Amort. G 111 616 196 1,676
ONon Cash Items G 36 200 0 1,376
O Total Operating CF G -353 -490 1,763 -9,177
OCapital Expenditures G -123 -188 0 -1,738
O Total Investing CF G -164 -3,023 -5,333 -40,662
ODividends Paid G 0 0 0 0
OSale (Purch.) of Stock G 0 6,518 6,323 5,042
ONet Borrowings G 1,484 -1,778 0 46,088
O Total Financing CF G 1,163 4,530 6,323 51,079
OExchange Rate Effect G 0 0 0 0
ONet Change In Cash G 647 1,017 2,753 1,240
OOper CF-Cap Exp-Div Pd G -476 -678 1,763 -10,915
KCopyright (c) 1999, Market Guide Inc., All rights reserved
G
Apr-13-1999 17:34 GMT
Symbols:
US;WEL
Source [B] Market Guide |
