T3 Energy Services

T-3 Energy Services, Inc. Announces Earnings for Third Quarter 2008

noemail@t3energy.com — Wed, 05 Nov 2008 14:00:00 GMT

T-3 Energy Services, Inc. Announces Earnings for Third Quarter 2008

HOUSTON, Nov. 5, 2008 -- T-3 Energy Services, Inc. ("T-3 Energy") (Nasdaq:TTES) reported third quarter 2008 net income from continuing operations of $4.7 million, or $0.37 per diluted share, which included the negative impact of hurricanes and the cost for strategic alternatives of $0.24 and $0.18 per diluted share, respectively. Net income from continuing operations is down 35% and 36%, respectively, from $7.2 million or $0.58 per diluted share for the third quarter of 2007. Year to date 2008 net income from continuing operations of $21.7 million, or $1.69 per diluted share, included the negative impact of hurricanes and the cost for strategic alternatives of $0.24 and $0.31 per diluted share, respectively. Net income from continuing operations was up 21% and 11%, respectively, from $18.0 million, or $1.52 per diluted share reported during 2007.

As previously released by the Company, the third quarter 2008 financial results include costs, which were $2.2 million before tax and $2.3 million after tax, related to the pursuit of strategic alternatives for the Company, and the impact of hurricanes Gustav and Ike, which was $4.7 million before tax and $3.1 million after tax.

Revenues for the third quarter of 2008 increased 31% to $69.8 million from $53.2 million for the same period in 2007. Year to date 2008 revenues increased 35% to $206.7 million from $153.1 million for the same period in 2007. The Company's revenues increased primarily due to past acquisitions and the continued demand for its pressure and flow control and pipeline original equipment products and services. These revenue increases were partially offset by the impact of the hurricanes, which delayed sales of approximately $8.5 million originally anticipated to ship during the third quarter of 2008 into the fourth quarter of 2008 and the first quarter of 2009. Backlog has increased approximately 61% to $94.2 million at September 30, 2008 from $58.7 million at September 30, 2007, primarily as a result of the continued demand for the Company's products and services and the delayed sales due to the hurricanes.

Operating income for the third quarter of 2008 was $10.6 million, and was flat compared with the same period in 2007, despite the strategic alternatives costs and the hurricanes. Year to date 2008 operating income increased 33% to $36.3 million from $27.4 million for the same period in 2007. The increase in the Company's year to date operating income is primarily related to increased revenues and gross margins. Gross margins were 38% and 39% during the three and nine months ended September 30, 2008, compared to 36% and 37% during the three and nine months ended September 30, 2007, respectively. This gross margin increase resulted from the sale of higher margin products and services and operational efficiencies, partially offset by hurricane-related costs associated with lost absorption, downtime pay and minimal property damage.

As of September 30, 2008, availability under our senior credit facility, which matures October 26, 2012, was $147.3 million.

Gus D. Halas, T-3 Energy's Chairman, President and Chief Executive Officer commented, "The third quarter of 2008 provided record revenues for T-3, even with the impact of the hurricanes on our Gulf Coast facilities. Despite the current economic environment, the demand for our products and services remains strong as evidenced by our backlog continuing to grow as compared to prior periods and outstanding quotes remaining at high levels. Our gross margin of 39% for 2008 is down slightly from the 40% achieved through June 30, 2008, due to the hurricane impact, but is still higher year over year.

"We believe that our strong liquidity and past success gaining recognition as a name-brand original equipment manufacturer and service provider on an international scale leave us well positioned for potential industry volatility in the upcoming quarters, and we remain steadily committed to providing responsive value to our customers."

T-3 Energy Services, Inc. provides a broad range of oilfield products and services primarily to customers in the drilling and completion of new oil and gas wells, the workover of existing wells and the production and transportation of oil and gas.

Certain comments contained in this news release concerning the anticipated financial results of the Company constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Whenever possible, the Company has identified these "forward-looking" statements by words such as "believe", "encouraged", "expect", "expected" and similar phrases. The forward-looking statements are based upon management's expectations and beliefs and, although these statements are based upon reasonable assumptions, actual results might differ materially from expected results due to a variety of factors including, but not limited to, overall demand for and pricing of the Company's products, changes in the level of oil and natural gas exploration and development, and variations in global business and economic conditions. The Company assumes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise. For a discussion of additional risks and uncertainties that could impact the Company's results, review the T-3 Energy Services, Inc. Quarterly Report on Form 10-Q for the period ending September 30, 2008 and its Annual Report on Form 10-K for the year ended December 31, 2007 and other filings of the Company with the Securities and Exchange Commission.

                 T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands except per share amounts)
Three Months Ended    Nine Months Ended
September 30,         September 30,
2008       2007       2008       2007
----       ----       ----       ----
Revenues:
Products                $  59,635  $  42,903  $ 175,386  $ 121,743
Services                   10,203     10,327     31,312     31,320
---------  ---------  ---------  ---------
69,838     53,230    206,698    153,063
Cost of revenues:
Products                   37,440     27,493    107,815     77,332
Services                    6,100      6,370     18,334     19,125
---------  ---------  ---------  ---------
43,540     33,863    126,149     96,457
Gross profit                26,298     19,367     80,549     56,606
Selling, general and
administrative expenses    15,696      8,789     44,226     29,230
---------  ---------  ---------  ---------
Income from operations      10,602     10,578     36,323     27,376
Interest expense              (453)       (98)    (1,946)      (354)
Interest income                 80        424        143        705
Other income (expense),
net                          (164)       301        343        780
---------  ---------  ---------  ---------
Income from continuing
operations before
provision for income
taxes                      10,065     11,205     34,863     28,507
Provision for income
taxes                       5,359      3,984     13,128     10,474
---------  ---------  ---------  ---------
Income from continuing
operations                  4,706      7,221     21,735     18,033
Loss from discontinued
operations, net of tax         (9)       (92)       (20)    (1,167)
---------  ---------  ---------  ---------
Net income               $   4,697  $   7,129  $  21,715  $  16,866
=========  =========  =========  =========
Basic earnings (loss)
per common share:
Continuing operations   $     .38  $     .59  $    1.75  $    1.56
=========  =========  =========  =========
Discontinued operations $     ---  $     ---  $     ---  $    (.10)
=========  =========  =========  =========
Net income per common
share                  $     .38  $     .59  $    1.75  $    1.46
=========  =========  =========  =========
Diluted earnings (loss)
per common share:
Continuing operations   $     .37  $     .58  $    1.69  $    1.52
=========  =========  =========  =========
Discontinued operations $     ---  $    (.01) $     ---  $    (.10)
=========  =========  =========  =========
Net income per common
share                  $     .37  $     .57  $    1.69  $    1.42
=========  =========  =========  =========
Weighted average common
shares outstanding:
Basic                   12,504     12,170     12,437     11,550
=========  =========  =========  =========
Diluted                 12,872     12,523     12,885     11,879
=========  =========  =========  =========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands except for share amounts)
Sept. 30,   Dec. 31,
2008        2007
----        ----
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents                       $  1,620   $  9,522
Accounts receivable - trade, net                  43,182     44,180
Inventories                                       59,819     47,457
Deferred income taxes                              4,754      3,354
Prepaids and other current assets                  6,162      5,824
--------   --------
Total current assets                           115,537    110,337
Property and equipment, net                       43,982     40,073
Goodwill, net                                    112,531    112,249
Other intangible assets, net                      34,124     35,065
Other assets                                       2,972      2,838
--------   --------
Total assets                                    $309,146   $300,562
========   ========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable - trade                        $ 24,296   $ 20,974
Accrued expenses and other                        18,880     15,156
Current maturities of long-term debt                   5         74
--------   --------
Total current liabilities                       43,181     36,204
Long-term debt, less current maturities           31,834     61,423
Other long-term liabilities                        1,614      1,101
Deferred income taxes                             12,408     11,186
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.001 par value, 25,000,000
shares authorized, no shares issued or
outstanding                                         --         --
Common stock, $.001 par value, 50,000,000
shares authorized, 12,530,791 and
12,320,341 shares issued and outstanding at
September 30, 2008 and December 31, 2007,
respectively                                        13         12
Warrants, 10,157 and 13,138 issued and
outstanding at September 30, 2008 and
December 31, 2007, respectively                     20         26
Additional paid-in capital                      169,317    160,446
Retained earnings                                48,754     27,039
Accumulated other comprehensive income            2,005      3,125
--------   --------
Total stockholders' equity                     220,109    190,648
--------   --------
Total liabilities and stockholders' equity      $309,146   $300,562
========   ========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in thousands)
Nine Months Ended
September 30,
2008      2007
----      ----
Cash flows from operating activities:
Net income                                      $ 21,715  $ 16,866
Adjustments to reconcile net income to net cash
provided by operating activities:
Loss from discontinued operations, net of tax       20     1,167
Bad debt expense                                   340       171
Depreciation and amortization                    6,444     3,181
Amortization of deferred loan costs                174       189
Loss (gain) on sale of assets                      (33)       12
Write-off of property and equipment, net            25        --
Deferred taxes                                    (718)     (266)
Employee stock-based compensation expense        4,025     2,463
Excess tax benefits from stock-based
compensation                                   (1,688)     (653)
Equity in earnings of unconsolidated
affiliate                                        (175)     (485)
Changes in assets and liabilities, net of
effect of acquisitions and dispositions:
Accounts receivable - trade                     1,249    (3,985)
Inventories                                   (12,630)  (11,496)
Prepaids and other current assets                (539)    2,034
Other assets                                     (219)     (472)
Accounts payable - trade                        3,452     1,128
Accrued expenses and other                      5,868      (515)
--------  --------
Net cash provided by operating activities         27,310     9,339
--------  --------
Cash flows from investing activities:
Purchases of property and equipment              (7,488)   (4,305)
Proceeds from sales of property and equipment        92        40
Cash paid for acquisitions, net of cash
acquired                                        (2,732)       --
Equity investment in unconsolidated affiliate        --      (460)
--------  --------
Net cash used in investing activities            (10,128)   (4,725)
--------  --------
Cash flows from financing activities:
Net borrowings (repayments) under swing line
credit facility                                  4,414       (85)
Net repayments under revolving credit
facility                                       (34,000)       --
Payments on long-term debt                          (93)       --
Debt financing costs                                (78)       --
Net proceeds from issuance of common stock           --    22,157
Proceeds from exercise of stock options           3,084     1,152
Proceeds from exercise of warrants                   38     4,018
Excess tax benefits from stock-based
compensation                                     1,688       653
--------  --------
Net cash provided by (used in) financing
activities                                      (24,947)   27,895
--------  --------
Effect of exchange rate changes on cash and
cash equivalents                                   (137)       65
--------  --------
Net increase (decrease) in cash and cash
equivalents                                      (7,902)   32,574
Cash and cash equivalents, beginning of period     9,522     3,393
--------  --------
Cash and cash equivalents, end of period        $  1,620  $ 35,967
========  ========
T-3 ENERGY SERVICES, INC. AND SUBSIDIARIES
SUPPLEMENTARY DATA - SCHEDULE 1 (UNAUDITED)
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(in thousands except per share amounts)
Three Months Ended   Nine Months Ended
------------------   -----------------
September 30,       September 30,
-------------       -------------
2008      2007      2008      2007
----      ----      ----      ----
INCOME FROM CONTINUING
OPERATIONS:
GAAP Income from continuing
operations                  $  4,706  $  7,221  $ 21,735  $ 18,033
Strategic alternatives costs,
net of tax (A)                 2,344        --     3,950        --
Change of control charge, net
of tax (B)                        --        --        --     1,929
Hurricane-related impact, net
of tax (C)                     3,057        --     3,057        --
--------  --------  --------  --------
Non-GAAP Income from
continuing operations (D)   $ 10,107  $  7,221  $ 28,742  $ 19,962
========  ========  ========  ========
DILUTED EARNINGS PER SHARE:
GAAP continuing operations
diluted earnings per share  $   0.37  $   0.58  $   1.69  $   1.52
Strategic alternatives costs,
net of tax                      0.18        --      0.31        --
Change of control charge, net
of tax                            --        --        --      0.16
Hurricane-related impact, net
of tax                          0.24        --      0.24        --
--------  --------  --------  --------
Non-GAAP continuing
operations diluted earnings
per share (D)               $   0.79  $   0.58  $   2.24  $   1.68
========  ========  ========  ========
ADJUSTED EBITDA:
GAAP Income from continuing
operations                  $  4,706  $  7,221  $ 21,735  $ 18,033
Strategic alternatives costs,
net of tax                     2,344        --     3,950        --
Change of control charge, net
of tax                            --        --        --     1,929
Hurricane-related impact, net
of tax                         3,057        --     3,057        --
Provision for income taxes
(E)                            6,890     3,984    15,524    11,067
Depreciation and amortization   2,000     1,085     6,444     3,181
Interest Expense                  453        98     1,946       354
Interest Income                   (80)     (424)     (143)     (705)
--------  --------  --------  --------
Adjusted EBITDA (F)          $ 19,370  $ 11,964  $ 52,513  $ 33,859
========  ========  ========  ========
(A) Represents costs of $2.2 million and $4.7 million before tax and
$2.3 million and $4.0 million after tax related to the pursuit of
strategic alternatives for the Company for the three and nine months
ended September 30, 2008, respectively.
(B) Represents costs of $2.5 million before tax and $1.9 million
after tax associated with a change of control payment and the
immediate vesting of previously unvested stock options and restricted
stock held by Gus D. Halas, the Company's Chairman, President and
Chief Executive Officer, pursuant to the terms of his then existing
employment agreement, for the nine months ended September 30, 2007.
(C) Represents the impact of $8.5 million of third quarter of 2008
sales delayed into the fourth quarter of 2008 and the first quarter
of 2009, which resulted in $3.3 million of deferred gross profit and
$1.4 million of costs associated with lost absorption, downtime pay
and minimal property damage due to the impacts of hurricanes Gustav
and Ike.  The effect was $4.7 million before tax and $3.1 million
after tax for the three and nine months ended September 30, 2008.
(D) Non-GAAP income from continuing operations is equal to income
from continuing operations plus the strategic alternatives costs,
change of control compensation charge and hurricane-related impact,
net of tax.  Non-GAAP continuing operations diluted earnings per
share is equal to continuing operations diluted earnings per share
plus the strategic alternatives costs, change of control compensation
charge and hurricane-related impact, net of tax per share.  We have
presented Non-GAAP income from continuing operations and Non-GAAP
continuing operations diluted earnings per share because the Company
believes that reporting income from continuing operations and diluted
earnings per share excluding the strategic alternatives costs, change
of control compensation costs and hurricane-related impact provides
useful supplemental information regarding the Company's on-going
economic performance and, therefore, uses this financial measure
internally to evaluate and manage the Company's operations. The
Company has chosen to provide this information to investors to enable
them to perform more meaningful comparisons of the operating results
and as a means to emphasize the results of on-going operations.
(E) Provision for income taxes in the Adjusted EBITDA calculation has
been decreased by $0.1 million and increased by $0.8 million for the
tax effect of the strategic alternatives costs and increased by $1.6
million and $1.6 million for the tax effect of the hurricane-related
impact for the three and nine months ended September 30, 2008,
respectively.  Provision for income taxes in the Adjusted EBITDA
calculation has been increased by $0.6 million for the tax effect of
the change of control charge for the nine months ended September 30,
2007.
(F) Adjusted EBITDA is a non-generally accepted accounting principle,
or GAAP, financial measure equal to income from continuing operations,
the most directly comparable GAAP measure, excluding the strategic
alternatives costs, change of control compensation charge and
hurricane-related impact, plus interest expense, net of interest
income, provision for income taxes, depreciation and amortization.
We have presented Adjusted EBITDA because we use Adjusted EBITDA as
an integral part of our internal reporting to measure our performance
and to evaluate the performance of our senior management.  We
consider Adjusted EBITDA to be an important indicator of the
operational strength of our business.  Management uses Adjusted
EBITDA:
* as a measure of operating performance that assists us in comparing
our performance on a consistent basis because it removes the
impact of our capital structure and asset base from our operating
results;
* as a measure for budgeting and for evaluating actual results
against our budgets;
* to assess compliance with financial ratios and covenants included
in our senior credit facility;
* in communications with lenders concerning our financial
performance; and
* to evaluate the viability of potential acquisitions and overall
rates of return.
Adjusted EBITDA eliminates the effect of considerable amounts of non-
cash depreciation and amortization.  A limitation of this measure,
however, is that it does not reflect the periodic costs of certain
capitalized tangible and intangible assets used in generating
revenues in our business.  Management evaluates the costs of such
tangible and intangible assets and the impact of related impairments
through other financial measures, such as capital expenditures,
investment spending and return on capital.  Therefore, we believe
that Adjusted EBITDA provides useful information to our investors
regarding our performance and overall results of operations.
Adjusted EBITDA is not intended to be a performance measure that
should be regarded as an alternative to, or more meaningful than,
either income from continuing operations as an indicator of operating
performance or to cash flows from operating activities as a measure
of liquidity.  In addition, Adjusted EBITDA is not intended to
represent funds available for dividends, reinvestment or other
discretionary uses, and should not be considered in isolation or as a
substitute for measures of performance prepared in accordance with
GAAP.  The Adjusted EBITDA measure presented above may not be
comparable to similarly titled measures presented by other companies,
and may not be identical to corresponding measures used in our
various agreements.

CONTACT:  T-3 Energy Services, Inc.
James M. Mitchell, Senior Vice President
and Chief Financial Officer
713-996-4118

5-Nov-08 8:00 AM

T-3 Energy Services, Inc. Announces Earnings for Third Quarter 2008

noemail@t3energy.com — Wed, 05 Nov 2008 14:00:00 GMT

T-3 Energy Services, Inc. Announces Earnings for Third Quarter 2008 HOUSTON, Nov. 5, 2008 -- T-3 Energy Services, Inc. (T-3 Energy) (Nasdaq:TTES) reported third quarter 2008 net income from continuing operations of $4.7 million, or $0.37 per diluted share, which included the negative impact of hurricanes and the cost for strategic alternatives of $0.24 and $0.18 per diluted share, respectively. Net income from continuing operations is down 35% and 36%, respectively, from $7.2 million or $0.58 per diluted share for the third quarter of 2007. Year to date 2008 net income from continuing operations of $21.7 million, or $1.69 per diluted share, included the negative impact of hurricanes and the cost for strategic alternatives of $0.24 and $0.31 per diluted share, respectively. Net income from continuing operations was up 21% and 11%, respectively, from $18.0 million, or $1.52 per diluted share reported during 2007. As previously released by the Company, the third...

T3 ENERGY NEWS

noemail@t3energy.com — Mon, 01 Jan 2007 21:00:00 GMT

ReceIve News via Email Jul 31, 2007 T-3 Energy Services, Inc. Announces It Will Hold a Conference Call to Discuss Second Quarter 2007 Results on Monday, August 6th at 10:00 A.M. Central Time Jul 30, 2007 T-3 Energy Services, Inc. Announces Second Quarter 2007 Earnings Jul 10, 2007 T-3 Energy Services, Inc. Announces the Resignation of Stephen A. Snider as a Member of Its Board of Directors and the Appointment of Lisa W. Rodriguez May 7, 2007 T-3 Energy Services, Inc. Announces First Quarter 2007 Earnings Apr 17, 2007 T-3 Energy Services, Inc. Prices Common Stock Offering Apr 9, 2007 T-3 Energy Services, Inc. Announces First Quarter Financial Update Apr 9, 2007 T-3 Energy Services, Inc. Announces Common Stock Offering Mar 16, 2007 T-3 Energy Services, Inc. Announces Fourth Quarter and 2006 Earnings From...

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Sat, 21 Oct 2006 20:33:46 GMT

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Allan

7135 Ardmore

Houston, 77054

Careers at T3

Mon, 29 Dec 2008 20:52:06 GMT

T3 Invites you to Join our Growing Team! Current Openings listed below. Click on link for job description ARDMORE (HOUSTON, TEXAS) Marketing Rep I/Admin Account Representative (Choke/Valve Sales) Sr. Manufacturing Engineer Quality Director Maintenance Mechanic CYPRESS (NORTH HOUSTON,TEXAS) CNC & Manual HBM Machinists (both shifts) CNC & Manual VTL Machinists (both shifts) Maintenance Mechanic Machine Shop Foreman CREEKMONT (NORTH HOUSTON, TEXAS) Machine Shop Foreman Shipping & Receiving Foreman Ultrasonic Inspector MEXICO Operations Manager Employment Application Benefits include 401K, Dental and Medical Insurance, Employee Assistance Program, Short and Long Term Disability Send resumes to HR, T3 Energy Services, 7135 Ardmore Street, Houston, TX 77054. Contact H.R. Department - 1-866-268-6142; 713-996-4130 fax; drodriguez@t3energy.com

T3 - Providing Reliability in Service and Products

Tue, 09 Dec 2008 22:18:21 GMT

At T3, we don't just design, manufacture & service products - we build lasting relationships with our customers. It is the goal of all of T3 divisions to provide our clients with timely, innovative solutions to their needs and with a higher level of service than the industry standard. Pressure Control Group Regardless of your project needs, T3 Pressure Control Group will provide you what you are looking for quicker, less expensive and with a higher level of service than you will find from any of our competition. >> More Information about Pressure Control Group (PCG) Wellhead & Production Systems T3 Energy Service's Time Saver (TS) wellhead group of products are simplified, and streamlined with many advantages to meet our client's specific needs. >> More Information about Wellhead and Production Systems (WPS) Pipeline Valve Specialty T3 Pipeline Group's commitment to quality and service make us the recognized valve supplier throughout the pipeline and...

Investor Relations

Mon, 01 Dec 2008 23:05:06 GMT

T3 designs, manufactures, repairs and services products used in the drilling and completion of new oil and gas wells, the work over of existing wells, and the production and transportation of oil and gas. Our products are used in both onshore and offshore applications throughout the world. Our customer base consists of leading drilling contractors, exploration and production companies and pipeline companies. As of June 30th, 2008, we had 21 facilities strategically located throughout North America. We focus on providing our customers rapid response times for our products and services. In the last twelve to eighteen months, we have experienced increased demand and have begun to expand, and will continue to expand, our manufacturing and repair capacity to meet our customers' needs. From April 2003 through June 30th, 2008, we have introduced 113 new products, and plan to continue to focus on new product development. We believe that the products we design or manufacture, which we call...

T3 Merchandise and Promotional Site

Tue, 25 Nov 2008 16:38:02 GMT

LITERATURE

Mon, 24 Nov 2008 20:55:13 GMT

Please contact us at 713-996-4110 or fax 713-440-3210 should you have questions with regard to any of the products offered herein.

Corporate Contacts

Mon, 17 Nov 2008 21:35:00 GMT

T3 Corporate Contacts 713.996.4110 tel Engineering Gary Shaeper Finance James Mitchell Human Resources Pete Skertich Information Technology Adam Barrilleaux Legal Richard Safier Marketing Deborah McDonald Operations Keith Klopfenstein Quality and EH&S Michael Anderson PCG Sales James McMullan WPS Sales Bob Campbell

Nominating Committee Charter

Thu, 13 Nov 2008 23:17:51 GMT

The T3 Nominating Committee's primary responsibility is to ensure that qualified candidates are presented to the Board of Directors for election as directors. T3 Nominating Committee Charter Gus D. Halas Mr. Halas has served as President and Chief Executive Officer and as a director since May 1, 2003. He was elected Chairman of the Board on March 8, 2004. From August 2001 to April 2003, Mr. Halas served as President and Chief Executive Officer of Clore Automotive, Inc., a Lenexa, Kansas-based manufacturer and distributor of after-market auto parts and supplies. From January 2001 to May 2001, Mr. Halas served as President and Chief Executive Officer of Marley Cooling Tower Company, a manufacturer of evaporative water-cooling towers for generation, industrial refrigeration and HVAC markets throughout the world. From January 1999 to August 2000, Mr. Halas served as President of Ingersoll-Dresser's Pump Services Group, a remanufacturer and service provider of centrifugal pumps....

T3 Engineering

Fri, 07 Nov 2008 18:13:20 GMT

Cost effective solutions that meet the equipment performance expectation of our customers has been and will continue to be the main driving force of the Engineering Group.

T3 Energy currently has twenty one employees in our engineering department, to support our client needs and requirements, and to keep up with the ever changing requirements in our industry.

The engineering team at T3 Energy Services is an innovative and forward thinking group of individuals with over 130 cumulative years of experience in the oilfield industry. Our team is comprised of seasoned veterans that are considered the best in their respective fields and fresh new talent with no industry defined constraints on their ideas. This meshing of ability brings fresh and innovative solutions to an ever changing and demanding industry.

All pressure control equipment is designed, repaired, and remanufactured to meet applicable specifications.

API 6A, 16D, 16C, 7K, 8C, 6D, and 16A

ASME Boiler and Pressure Vessel Code, Section VIII, Division 2

NACE MR-01-75

DNV, ABS, & Lloyd's Register for North Sea operations

T3 Energy Services, Inc. specifications

Customer requirements

Engineering Tools

SolidWorks (3-D Models & Drawings)
Check interferences and interchangeability of components
Reduce lead time for engineering drawings

AutoCAD (Drawings)
Widely accepted drawing format

MathCAD (Mathematical Calculations)
Design data book

COSMOS (Stress Analysis)
Visually analyze stress and displacement of complex components

T3 News Releases

Wed, 05 Nov 2008 14:36:15 GMT

2008 Nov 5, 2008 T-3 Energy Services, Inc. Announces Earnings for Third Quarter 2008 Oct 22, 2008 T-3 Energy Services, Inc. Announces It Will Hold a Conference Call to Discuss Third Quarter 2008 Results On Wednesday, November 5th At 10:00 A.M. Central Time Oct 21, 2008 T-3 Energy Services, Inc. Provides Impact of Two Events On Its Quarter Ending September 30, 2008 Oct 9, 2008 T-3 Energy Services, Inc. Receives Purchase Order for Diamond Series Double Ram Subsea BOPS Sep 19, 2008 T-3 Energy Services, Inc. Provides Operational Status and Impact of Recent Hurricanes On Its Gulf Coast Manufacturing and Aftermarket Service Facilities Aug 28, 2008 T-3 Energy Services, Inc. to Present At the Lehman Brothers CEO Energy Conference Aug 6, 2008 T-3 Energy Services, Inc....

Presentations and Webcasts

Wed, 29 Oct 2008 16:12:15 GMT

T3 Third Quarter Conference call replay will be available at 2:00 p.m. Eastern time, November 5th until Midnight, November 12th

Toll free number: 1-888-203-1112 Passcode: 1670474

10 08 Investor Presentation

View SlideShare presentation or Upload your own.

Lorem ipsum survey

noemail@t3energy.com — Sat, 21 Oct 2006 20:33:45 GMT

Objectives:

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Release Date: 21-Oct-06 3:33 PM
Expiration Date: 21-Jan-07 3:33 PM

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2006-10-21T20:33:45Z

Instructor: Instructor

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