February 27, 2015 5:23 PM ET

Energy Equipment and Services

Company Overview of Seitel Inc.

Company Overview

Seitel, Inc. provides onshore seismic data to the oil and gas industry in North America. The company is involved in seismic data acquisition, seismic data licensing, seismic data processing, and seismic reproduction activities. It owns approximately 40,000 square miles of onshore three-dimensional (3D) data, which consists of 26,800 square miles in the United States and 13,200 square miles in Canada. The company also owns a library of 3D offshore data covering parts of the shelf and certain deep water areas in the Western and Central U.S. Gulf of Mexico. In addition, it owns or manages approximately 1.1 million linear miles of two-dimensional (2D) data primarily in North America. The company...

10811 South Westview Circle Drive

Building C

Suite 100

Houston, TX 77043

United States

Founded in 1982

138 Employees

Phone:

832-295-8300

Fax:

832-295-8301

Key Executives for Seitel Inc.

Chief Executive Officer, President and Director
Age: 58
Chief Financial Officer, Executive Vice President, Treasurer and Assistant Secretary
Age: 53
Chief Operating Officer, Executive Vice President and Executive Director
Age: 61
President of Seitel Data Ltd
Age: 47
President of Seitel Canada, Ltd
Age: 55
Compensation as of Fiscal Year 2014.

Seitel Inc. Key Developments

Seitel Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capital Expenditure Guidance for Fiscal 2015

Seitel Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenue was $52,351,000 compared to total revenue of $59,569,000 for the fourth quarter of 2013. Net income was $725,000 compared to the 2013 fourth quarter net income of $105,338,000. Cash EBITDA was $29,346,000 compared to $26,780,000 for the fourth quarter of 2013. Income from operations was $8,944,000 compared to $20,620,000 for the same period a year ago. Income before income taxes was $2,008,000 compared to $13,777,000 for the same period a year ago. For the full year, the company reported total revenue was $198,037,000 compared to $202,874,000 for 2013. Net income was $9,678,000 compared to $113,681,000 a year ago. Income from operations was $46,911,000 compared to $54,830,000 for the same period a year ago. Income before income taxes was $19,971,000 compared to $23,741,000 for the same period a year ago. Cash EBITDA was $98,943,000 for the year ended December 31, 2014 compared to $75,064,000 in 2013. Total capital expenditures were $92,707,000 and net cash capital expenditures totaled $31,835,000 for 2014. For 2015, the company expects net cash capital expenditures budget for 2015 at $28,000,000 and total capital expenditures of $101,000,000.

Seitel Inc. to Report Q4, 2014 Results on Feb 18, 2015

Seitel Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 18, 2015

Seitel Inc., Q4 2014 Earnings Call, Feb 19, 2015

Seitel Inc., Q4 2014 Earnings Call, Feb 19, 2015

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