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Pride International Inc. (PDE)

On Feb 9: 29.80 USD   0.00 (0.00%)  
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Pride International Inc.
5847 San Felipe
Suite 3300
Houston, TX 77057
Phone: 713-789-1400
Fax: 713-789-1430
Web Site: http://www.prideinternational.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Employees (last reported count): 14,300

BUSINESS SUMMARY
Pride International, Inc. provides offshore and onshore contract drilling and related services to oil and natural gas companies worldwide. The company offers its services through the use of mobile offshore drilling and land-based drilling rigs, and work over rigs. As of February 28, 2007, it owned 272 rigs, consisting of 2 deepwater drillships, 12 semisubmersible rigs, 28 jackup rigs, 16 tender-assisted, barge and platform rigs, and 214 land-based drilling and workover rigs. In addition, the company provides rig management services, including technical drilling assistance, personnel, repair, and maintenance services, as well as drilling operation management services. It has operations in South America, the Gulf of Mexico, the Mediterranean Sea, west Africa, the Middle East, and the Asia Pacific. The company was founded in 1966 and is based in Houston, Texas.
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    OFFICERS
      Pay Exercised
    Mr. Louis A. Raspino , 54
    Chief Exec. Officer, Pres and Exec. Director
    $ 1.40M $ 1.44M
    Mr. Brian C. Voegele , 48
    Chief Financial Officer and Sr. VP
    $ 542.00K N/A
    Mr. W. Gregory Looser , 38
    Sr. VP, Sec. and Gen. Counsel
    $ 542.00K $ 258.00K
    Mr. John R. Blocker Jr., 56
    Consultant
    $ 593.00K $ 4.64M
    Mr. Lonnie D. Bane , 49
    Sr. VP of HR
    $ 475.00K $ 179.00K
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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