On Feb. 1, oil services firm Carbo Ceramics
- Revenues grew 37% to $87 million, buoyed by a 45% increase in its fracture diagnostic services and a 24% increase in proppant volume.
- Net income grew to $15 million, or $0.61 per share, a 44% increase over last year.
- U.S. proppant sales volume increases of 22% exceeded the 16% increase in the natural gas rig count year over year.
- Carbo Ceramics has a four-star rating at Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. |
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|---|
Sales |
$79,300 |
$86,953 |
$63,567 |
36.8% |
Net Profit |
-- |
$14,955 |
$10,397 |
43.8% |
EPS |
$0.55 |
$0.61 |
$0.43 |
41.9% |
Diluted Shares |
-- |
24,413 |
24,198 |
0.9% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
37.23% |
36.65% |
0.58 |
Operating Margin |
25.63% |
24.83% |
0.80 |
Net Margin |
17.20% |
16.36% |
0.84 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$32,473 |
$61,670 |
(47.3%) |
Accounts payable, accounts receivable, inventory, and long-term debt information was not provided.
Learn the ways of the balance sheet.
Cash Flow Highlights
No cash flow statement was provided with the press release.
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Related Companies:
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Flotek Industries
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Schlumberger
(NYSE:SLB) -
Halliburton
(NYSE:HAL) -
BJ Services
(NYSE:BJS)
Related Foolishness:
- Foolish Forecast: Carbo Ceramics Needs Propping Up
- Carbo Ceramics Under Pressure
- More Proppants, Please
- Cracks in Carbo Ceramics Can Be Repaired
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Rich Duprey owned shares of Carbo Ceramics but had no positions in any of the other companies mentioned in the article. Fool rules are here.