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News 02/09/2007
    
BOOTS & COOTS REPORTS SECOND QUARTER RESULTS


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Investor Contact:

Jennifer Tweeton
281-931-8884
jtweeton@boots-coots.com


BOOTS & COOTS REPORTS SECOND QUARTER RESULTS

HOUSTON, August 6, 2007— Boots & Coots International Well Control, Inc. (Amex: WEL), announced net income attributable to common stockholders of $0.3 million for the quarter ended June 30, 2007 compared $2.6 million for the same quarter last year. Revenues for the quarter were $22.0 million compared to $23.5 million for the same quarter last year. EBITDA (earnings before interest, income taxes, depreciation and amortization; see the reconciliation and rationale for this non-GAAP financial measure below) was $2.0 million for the quarter compared to $6.1 million for the second quarter last year.

For the six months ended June 30, 2007, Boots & Coots announced net income attributable to common stockholders of $0.7 million, or $0.01 per diluted share, compared to $3.9 million, or $0.08 per diluted share, for the same period last year. Revenues for the six months were $44.2 million compared to $35.0 million for the same period last year. EBITDA was $4.8 million for the six months compared to $8.6 million for first six months of 2006. During the current six month period, Boots & Coots incurred start up expenses of $1.4 million for hydraulic workover and SafeGuard operations in North Texas, the Middle East and North Africa.

“During the second quarter we continued to experience the effects of delays in certain customer projects in the Gulf of Mexico and Venezuela,” stated Jerry Winchester, president and chief executive officer. “While activity increased somewhat during the quarter, levels continue to be lower than last year.”

“We anticipate increased activity in the Middle East during the second half of the year that will help offset lower activity in the Gulf of Mexico and Venezuela,” added Mr. Winchester. “Additionally, we expect contributions from our recent investment in snubbing operations in the Mid-Continent and Rockies regions and our start up rental tools services business. Our expansion into the Mid-Continent and Rockies will provide us with a larger domestic presence focused in areas experiencing increased activity levels, and will expand our opportunities to add complementary service lines, such as our rental tools business. We believe our investments in North America land, the Middle East and North Africa will result in considerable growth opportunities.”

Business Segment Results
Well Intervention
For the quarter ended June 30, 2007, the Well Intervention segment generated revenues of $18.3 million and EBITDA of $0.6 million, compared to revenues of $22.8 million and EBITDA of $5.9 million for the same quarter last year. Similar to the first quarter of 2007, the second quarter was impacted by lower revenues primarily from the Gulf of Mexico and Venezuela, partially offset by growth in the Company’s Safeguard service line. Quarter-over-quarter, the cost increases are due to revenue mix and semi-fixed costs related to the hydraulic workover business in the Gulf of Mexico and Venezuela, and to start up expenses of $1.2 million for operations in North Texas, the Middle East and North Africa.

For the six months ended June 30, 2007, Well Intervention generated revenues of $39.2 million and EBITDA of $3.0 million, compared to revenues of $32.8 million and EBITDA of $7.9 million for the same period last year. The year-to-year cost increases are due to the inclusion of six months of hydraulic workover results compared to four months in 2006, to revenue mix and semi-fixed costs related to the hydraulic workover business in the Gulf of Mexico and Venezuela, and to start up expenses of $1.4 million as explained above.

Response
For the quarter ended June 30, 2007, the Response segment generated revenues of $3.6 million and EBITDA of $1.4 million, compared to revenues of $0.7 million and EBITDA of $0.2 million for the same quarter last year primarily due to increased international activity. During the quarter, Boots & Coots responded to 12 critical well events in six countries, including the US. For the six months ended June 30, 2007, the Response segment generated revenues of $5.0 million and EBITDA of $1.7 million, compared to revenues of $2.2 million and EBITDA of $0.8 million for the same period last year.

Conference Call
Boots & Coots will discuss 2007 second quarter results via a conference call and Webcast tomorrow, August 7, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The dial-in number for the call is 800-659-2056, passcode ‘Boots & Coots’. To listen to the live Webcast, log on to www.boots-coots.com/investor/invest.htm and click on the 2007 Second Quarter Earnings Webcast link. A replay of the Webcast will be available on the investor relations page of the Company’s Website within 24 hours of the call. The call will also be available for replay for 30 days by dialing 888-286-8010, passcode 34294822.

About Boots & Coots
Boots & Coots International Well Control, Inc., Houston, Texas, provides a suite of integrated pressure control services to onshore and offshore oil and gas exploration companies around the world. Boots & Coots’ Well Intervention segment consists of services that are designed to enhance production for oil and gas operators and reduce the number and severity of critical well events such as well fires, blowouts or other losses of control at the well. This segment includes services performed by hydraulic workover and snubbing units and the rental of pressure control tools that are used to enhance production of oil and gas wells. The scope of these services also includes prevention services such as training, contingency planning, well plan reviews, audits, inspection services and engineering services offered through our Safeguard programs and services offered in conjunction with our WELLSURE® risk management program. Boots & Coots’ Response segment consists of personnel, equipment and services provided during an emergency response such as a critical well event or a hazardous material response. These services may also include snubbing and other workover services and rentals provided during the course of responding to a critical well event.

Certain statements included in this news release are intended as "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward-looking statements are found in Boots & Coots' SEC filings, which are available free of charge on the SEC's web site at www.sec.gov.

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