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Last $11.36 USD
Change Today -0.21 / -1.82%
Volume 280.0K
As of 8:10 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

tesco corp (TESO) Snapshot

Previous Close
Day High
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52 Week High
06/9/14 - $22.50
52 Week Low
01/9/15 - $9.53
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for TESCO CORP (TESO)

tesco corp (TESO) Details

Tesco Corporation, together with its subsidiaries, is engaged in the design, manufacture, and service delivery of technology-based solutions for the upstream energy industry worldwide. The company operates through Top Drive and Tubular Services segments. The Top Drive segment manufactures and sells top drives that are used in drilling operations to rotate the drill string and/or casing while suspended from the derrick above the rig floor for drilling contractors, rig builders, and equipment brokers. It offers various portable and permanently installed top drive products that include hydraulically and electrically powered machines with lifting capacities of 150 through 750 tons. This segment also rents hydraulically powered top drive systems on a day-rate basis for land and offshore drilling rigs; and provides after-market sales and services, new units commissioning, working units recertification, rig up and installation, onsite training and top drive supervision, and ongoing maintenance contracts services. As of March 31, 2014, its rental fleet comprised 127 units. The Tubular Services segment offers various automated offerings; and conventional casing and tubing running services for oil and natural gas operating companies. This segment also provides installation service of deep water completion equipment; and equipment and personnel for the installation of tubing and casing, including power tongs, pick-up/lay-down units, torque monitoring services, and connection testing services for new well construction, and in work-over and re-entry operations. The company was founded in 1966 and is headquartered in Houston, Texas.

2,125 Employees
Last Reported Date: 03/4/14
Founded in 1966

tesco corp (TESO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $364.9K
Executive Director
Total Annual Compensation: $557.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $291.8K
Compensation as of Fiscal Year 2013.

tesco corp (TESO) Key Developments

Tesco Corporation announced delayed annual 10-K filing

On 03/17/2015, Tesco Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Tesco Corporation Appoints Thomas B Sloan, Jr. to the Positions of Vice President, Corporate Controller, and Principal Accounting Officer

Tesco Corporation announced that on February 24, 2015, the board of directors appointed Thomas B Sloan, Jr. to the positions of Vice President, Corporate Controller, and Principal Accounting Officer effective immediately. Mr. Sloan, 48, is a Certified Public Accountant and has served as the Vice President and Corporate Controller of Tesco Corporation (US), since joining the organization in May 2014.

Tesco Corporation Declares Dividend for the First Quarter of 2015, Payable on April 6, 2015

Tesco Corporation announced that its board of directors approved a first quarter 2015 dividend of $0.05 per share of common stock issued and outstanding at the close of business on March 24, 2015 (the "Record Date"). The dividend will be payable on April 6, 2015 to stockholders of record at the close of business on the Record Date.


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