Wednesday, July 11, 2007

Smith International

Smith International is among the world’s largest Oil and Gas Equipment and Services sector businesses in the world. Smith International’s employees generate $555.0M in profits on $7.759B of revenue. Global output in the Oil and Gas Equipment and Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Smith International is determined to remain a market leader. Sectoral leadership in the Oil and Gas Equipment and Services segment takes dedication and consistency, but management seeks out-sized growth.

Smith International’s ticker symbol SII has recently been trading near $59.07 a share. The Smith International corporate headquarters in Houston TX predicts Oil and Gas Equipment and Services profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $11.842B ensures sufficient liquidity. With a beta of 0.82, the company is less volatile than the market as a whole. When the average equity moves lower, Smith International moves less aggressively.

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