Smith International (SII)

Smith International (SII) Stock Quote Information

Smith International, Inc., together with its subsidiaries, provides products and services that are used in the drilling, completion, and production phases of oil and natural gas exploration and development activities worldwide. The company operates in three segments: M-I SWACO, Smith Oilfield, and Distribution. The M-I SWACO segment supplies drilling fluid systems and oilfield production chemicals; offers various waste management equipment and services; and provides completion fluids and related tools. The Smith Oilfield segment offers products and services used in oil and natural gas development activities. It designs, manufactures, and markets drill bits and borehole enlargement tools; supplies drilling tools and services that include directional drilling systems, measurement-while-drilling and logging-while-drilling services, tubulars, completion services, and downhole solutions; and provides completion and production related operations, which include coiled tubing and cased-hole wireline services, packers, and liner hangers. The Distribution Segment provides products and services to the energy, refining, petrochemical, power generation, and mining industries. It markets pipes, valves, fittings, mills, safety, and other maintenance products. It also provides warehouse management, vendor integration, and various surplus and inventory management services, as well as distributes maintenance, repair, operating supplies and equipment, and line pipe and automated valve products, including valve, actuator, and control packages. The company offers its products and services to independent oil companies, national oil companies, and independent drilling contractors through its direct sales force, as well as through independent sales agents, distributors, or joint ventures. Smith International, Inc. was founded in 1937 and is headquartered in Houston, Texas.