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Mitcham Industries, Inc.(MIND)

Description: Mitcham Industries, Inc., through its subsidiaries, engages in the leasing, sale, and service of geophysical and other equipment to the seismic industry worldwide. The company operates in two segments, Equipment Leasing and Manufacturing. The Equipment Leasing segment leases seismic equipment for short-term leasing primarily to seismic data acquisition contractors and oil field service providers. Its land equipment lease pool includes seismic recording land channels, geophones and cables, and other peripheral equipment; marine seismic equipment lease pool comprises streamers, air guns, streamer positioning equipment, energy source controllers, and other equipment; and downhole equipment lease pool consists of downhole seismic tools. This segment is also involved in the sale of new seismic equipment of other manufacturers; heli-pickers and related equipment used in the deployment and retrieval of seismic equipment by helicopter; and equipment, consumables, systems integration, engineering hardware, and software maintenance support services to the seismic, hydrographic, oceanographic, environmental, and defense industries, as well as sells used equipment from its lease pool. The Seamap segment designs, manufactures, and sells a range of products for the marine seismic industry. Its products include GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys with precise control of energy sources; and BuoyLink RGPS tracking systems that are used to offer precise positioning of seismic sources and streamers. The company was founded in 1987 and is headquartered in Huntsville, Texas.


Keywords: Control Systems Oil Field Energy Sources Mechanics Peripheral Equipment Data Acquisition Software Maintenance Energy Source Geophysics Helicopter Tracking System Reflection Seismology Guns Seismic Equipment Seismic Source Geophone Downhole Seismic Tools Energy Source Controllers Oil Field Service Providers Streamer Positioning Equipment

Home Page: mind-technology.com

MIND Technical Analysis

2002 Timberloch Place
The Woodlands, TX 77380
United States
Phone: 281 353 4475


Officers

Name Title
Mr. Robert P. Capps Pres, CEO & Director
Mr. Mark Alan Cox CFO, VP of Fin. & Accounting and Chief Accounting Officer
Mr. Andy Meecham CTO & VP
Mr. Thomas Meurling VP & Chief Bus. Devel. Officer
Mr. Jack Lascar Investor Relations

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

GIC Sector: Energy
GIC Group: Energy
GIC Industry: Energy Equipment & Services
GIC Sub-Industry: Oil & Gas Equipment & Services
Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 9.0564
Price-to-Sales TTM: 0.1963
IPO Date: 1994-12-19
Fiscal Year End: January
Full Time Employees: 200
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