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CARBO Ceramics

DB:CR8
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CR8
DB
$3M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

CARBO Ceramics Inc., a technology company, provides products and services to the oil and gas, industrial, and environmental markets worldwide. The last earnings update was 134 days ago. More info.


Add to Portfolio Compare Print
  • CARBO Ceramics has significant price volatility in the past 3 months.
CR8 Share Price and Events
7 Day Returns
0%
DB:CR8
-3.9%
Europe Energy Services
-4%
DE Market
1 Year Returns
-93%
DB:CR8
-59.3%
Europe Energy Services
-22.5%
DE Market
CR8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CARBO Ceramics (CR8) 0% 0% -0.4% -93% -97.7% -99.1%
Europe Energy Services -3.9% -49.7% -53.4% -59.3% -67.6% -87.6%
DE Market -4% -32.6% -30.8% -22.5% -29.8% -33.8%
1 Year Return vs Industry and Market
  • CR8 underperformed the Energy Services industry which returned -59.3% over the past year.
  • CR8 underperformed the Market in Germany which returned -22.5% over the past year.
Price Volatility
CR8
Industry
5yr Volatility vs Market

CR8 Value

 Is CARBO Ceramics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for CARBO Ceramics. This is due to cash flow or dividend data being unavailable. The share price is €0.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CARBO Ceramics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CARBO Ceramics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CR8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-3.12
OTCPK:CRRT Share Price ** OTCPK (2019-12-23) in USD $0.1
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.66x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 15.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CARBO Ceramics.

DB:CR8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:CRRT Share Price ÷ EPS (both in USD)

= 0.1 ÷ -3.12

-0.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CARBO Ceramics is loss making, we can't compare its value to the Europe Energy Services industry average.
  • CARBO Ceramics is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does CARBO Ceramics's expected growth come at a high price?
Raw Data
DB:CR8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
54.4%per year
Europe Energy Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Energy Services Companies 0.55x
Germany Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CARBO Ceramics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CARBO Ceramics's assets?
Raw Data
DB:CR8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $9.44
OTCPK:CRRT Share Price * OTCPK (2019-12-23) in USD $0.1
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.35x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.37x
DB:CR8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:CRRT Share Price ÷ Book Value per Share (both in USD)

= 0.1 ÷ 9.44

0.01x

* Primary Listing of CARBO Ceramics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CARBO Ceramics is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess CARBO Ceramics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. CARBO Ceramics has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CR8 Future Performance

 How is CARBO Ceramics expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
54.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CARBO Ceramics expected to grow at an attractive rate?
  • Unable to compare CARBO Ceramics's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare CARBO Ceramics's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • CARBO Ceramics's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:CR8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CR8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 54.4%
DB:CR8 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -23.8%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 23.7%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CR8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CR8 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 109 -22 1
2020-12-31 112 -39 1
2020-03-21
2019-12-31 165 -89 1
DB:CR8 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 184 -4 -87
2019-06-30 194 -6 -75
2019-03-31 209 -18 -73
2018-12-31 211 -22 -75
2018-09-30 222 -24 -71
2018-06-30 218 -28 -233
2018-03-31 203 -27 -243
2017-12-31 189 -39 -253
2017-09-30 157 -53 -251
2017-06-30 128 -62 -92
2017-03-31 105 -29 -88
2016-12-31 103 -18 -80

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CARBO Ceramics is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • CARBO Ceramics's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CR8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from CARBO Ceramics Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CR8 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -0.76 -0.76 -0.76 1.00
2020-12-31 -1.35 -1.35 -1.35 1.00
2020-03-21
2019-12-31 -3.13 -3.13 -3.13 1.00
DB:CR8 Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -3.12
2019-06-30 -2.70
2019-03-31 -2.69
2018-12-31 -2.79
2018-09-30 -2.65
2018-06-30 -8.70
2018-03-31 -9.10
2017-12-31 -9.49
2017-09-30 -9.42
2017-06-30 -3.53
2017-03-31 -3.48
2016-12-31 -3.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CARBO Ceramics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess CARBO Ceramics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CARBO Ceramics has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CR8 Past Performance

  How has CARBO Ceramics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CARBO Ceramics's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CARBO Ceramics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare CARBO Ceramics's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CARBO Ceramics's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
CARBO Ceramics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CARBO Ceramics Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CR8 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 183.63 -87.24 38.78
2019-06-30 193.95 -74.55 38.75
2019-03-31 208.84 -73.16 39.65
2018-12-31 210.75 -75.43 39.23
2018-09-30 221.52 -71.21 41.12
2018-06-30 217.87 -232.93 40.49
2018-03-31 203.45 -242.94 38.79
2017-12-31 188.76 -253.12 39.98
2017-09-30 157.47 -250.93 37.92
2017-06-30 127.54 -92.41 38.07
2017-03-31 104.62 -87.89 39.12
2016-12-31 103.05 -80.13 39.80
2016-09-30 130.76 -114.97 45.64
2016-06-30 186.33 -108.92 50.61
2016-03-31 238.93 -105.63 56.62
2015-12-31 279.57 -109.54 63.00
2015-09-30 390.60 -59.10 64.48
2015-06-30 470.20 -31.55 68.15
2015-03-31 573.51 8.32 71.64
2014-12-31 648.33 55.21 73.35
2014-09-30 645.05 75.55 72.15
2014-06-30 691.12 91.85 72.49
2014-03-31 668.31 85.19 68.41
2013-12-31 667.40 84.36 68.45
2013-09-30 656.50 83.35 66.31
2013-06-30 606.16 77.17 62.83
2013-03-31 630.03 92.71 64.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CARBO Ceramics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CARBO Ceramics has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CARBO Ceramics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CARBO Ceramics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CARBO Ceramics has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CR8 Health

 How is CARBO Ceramics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CARBO Ceramics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CARBO Ceramics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CARBO Ceramics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CARBO Ceramics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CARBO Ceramics Company Filings, last reported 5 months ago.

DB:CR8 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 277.25 62.24 39.87
2019-06-30 306.03 62.05 40.81
2019-03-31 320.10 88.59 71.19
2018-12-31 336.28 88.42 72.75
2018-09-30 357.19 88.25 48.87
2018-06-30 373.15 88.08 45.68
2018-03-31 383.98 87.91 60.75
2017-12-31 405.77 87.74 68.17
2017-09-30 422.28 87.40 67.66
2017-06-30 566.16 75.36 39.36
2017-03-31 590.63 72.96 55.59
2016-12-31 616.57 80.40 91.68
2016-09-30 630.11 84.39 108.00
2016-06-30 602.83 87.81 80.72
2016-03-31 620.20 65.00 41.46
2015-12-31 642.31 88.00 78.87
2015-09-30 702.04 88.00 90.69
2015-06-30 723.28 95.00 106.58
2015-03-31 737.14 75.00 96.14
2014-12-31 776.06 25.00 24.30
2014-09-30 784.39 0.00 30.10
2014-06-30 793.61 0.00 46.38
2014-03-31 766.61 0.00 86.10
2013-12-31 768.59 0.00 94.25
2013-09-30 746.83 0.00 73.76
2013-06-30 728.66 0.00 76.02
2013-03-31 715.44 0.00 83.80
  • CARBO Ceramics's level of debt (22.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 22.4% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • CARBO Ceramics has sufficient cash runway for more than 3 years based on current free cash flow.
  • CARBO Ceramics has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 30.2% each year.
X
Financial health checks
We assess CARBO Ceramics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CARBO Ceramics has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CR8 Dividends

 What is CARBO Ceramics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CARBO Ceramics dividends.
If you bought €2,000 of CARBO Ceramics shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CARBO Ceramics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CARBO Ceramics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CR8 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 8.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 4.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.9%
Germany Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CR8 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-21
2019-12-31
DB:CR8 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2017-07-27 0.000 0.000
2017-04-27 0.000 0.000
2017-03-01 0.000 0.000
2017-01-26 0.000 0.000
2016-10-27 0.000 0.000
2016-07-28 0.000 0.000
2016-04-28 0.000 0.000
2016-01-20 0.000 0.000
2015-01-20 1.320 4.972
2014-09-23 1.320 2.961
2014-07-22 1.320 1.235
2014-03-18 1.200 0.871
2014-01-21 1.200 1.017
2013-09-17 1.200 1.081
2013-07-16 1.200 1.409
2013-03-19 1.080 1.452
2013-01-22 1.080 1.241
2012-09-18 1.080 1.486
2012-07-17 1.080 1.528
2012-03-20 0.960 1.146
2012-01-17 0.960 0.964
2011-09-20 0.960 0.749
2011-07-19 0.960 0.644
2011-03-22 0.800 0.542
2011-01-18 0.800 0.688
2010-09-21 0.800 0.881
2010-07-20 0.800 1.030
2010-03-16 0.720 1.028
2010-01-19 0.720 1.111
2009-09-22 0.720 1.211
2009-07-21 0.720 1.636

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CARBO Ceramics has not reported any payouts.
  • Unable to verify if CARBO Ceramics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CARBO Ceramics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CARBO Ceramics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CARBO Ceramics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CARBO Ceramics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CARBO Ceramics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CR8 Management

 What is the CEO of CARBO Ceramics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gary Kolstad
COMPENSATION $2,790,182
AGE 60
TENURE AS CEO 13.8 years
CEO Bio

Mr. Gary A. Kolstad has been the Chief Executive Officer and President of CARBO Ceramics Inc. since June 1, 2006. Mr. Kolstad has been Chairman of CARBO Ceramics Inc. since May 21, 2019. Mr. Kolstad has more than 21 years of experience in the oilfield service industry and had been with Schlumberger, Ltd., from 1985 to June 2006, serving in numerous leadership positions in operations and marketing. He served as Vice President of Global Accounts and General Manager for Schlumberger Oilfield Services and previously led Schlumberger's onshore business unit as Vice President/General Manager, Oilfield Services - U.S. Onshore. He has been a Director of Carbo Ceramics Inc. since June 1, 2006. Mr. Kolstad holds a Bachelor of Science degree in Petroleum Engineering from the Montana School of Mineral Science & Technology.

CEO Compensation
  • Gary's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Gary's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the CARBO Ceramics management team in years:

11.2
Average Tenure
50.5
Average Age
  • The average tenure for the CARBO Ceramics management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Gary Kolstad

TITLE
Chairman
COMPENSATION
$3M
AGE
60
TENURE
13.8 yrs

Ernesto Bautista

TITLE
VP & CFO
COMPENSATION
$836K
AGE
47
TENURE
11.2 yrs

Don Conkle

TITLE
Vice President of Marketing & Sales
COMPENSATION
$980K
AGE
54
TENURE
7.4 yrs

Mark Thomas

TITLE
Director of Investor Relations

Robert Willette

TITLE
VP, General Counsel
AGE
43
TENURE
2.4 yrs

Ellen Smith

TITLE
Vice President of Human Resources
TENURE
12.3 yrs
Board of Directors Tenure

Average tenure and age of the CARBO Ceramics board of directors in years:

9.2
Average Tenure
62.5
Average Age
  • The tenure for the CARBO Ceramics board of directors is about average.
Board of Directors

Gary Kolstad

TITLE
Chairman
COMPENSATION
$3M
AGE
60
TENURE
0.8 yrs

Jack Lentz

TITLE
Independent Director
COMPENSATION
$141K
AGE
74
TENURE
17.2 yrs

Sig Cornelius

TITLE
Independent Director
COMPENSATION
$141K
AGE
64
TENURE
11.2 yrs

Chad Deaton

TITLE
Independent Director
COMPENSATION
$131K
AGE
67
TENURE
7.2 yrs

Randy Limbacher

TITLE
Independent Director
COMPENSATION
$131K
AGE
61
TENURE
12.7 yrs

Carla Mashinski

TITLE
Independent Director
AGE
56
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
20. Nov 19 Sell William Morris Individual 18. Nov 19 19. Nov 19 -168,481 €0.49 €-80,794
18. Nov 19 Sell William Morris Individual 14. Nov 19 15. Nov 19 -258,008 €0.55 €-133,055
15. Nov 19 Sell William Morris Individual 13. Nov 19 13. Nov 19 -240,274 €0.48 €-116,059
07. Aug 19 Buy Gary Kolstad Individual 07. Aug 19 07. Aug 19 25,000 €1.05 €26,270
02. Aug 19 Buy Ernesto Bautista Individual 02. Aug 19 02. Aug 19 30,000 €1.35 €40,514
01. Aug 19 Buy Don Conkle Individual 31. Jul 19 31. Jul 19 75,000 €1.18 €88,278
30. Jul 19 Buy Gary Kolstad Individual 29. Jul 19 30. Jul 19 50,000 €1.00 €47,747
X
Management checks
We assess CARBO Ceramics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CARBO Ceramics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CR8 News

Simply Wall St News

CR8 Company Info

Description

CARBO Ceramics Inc., a technology company, provides products and services to the oil and gas, industrial, and environmental markets worldwide. It operates through two segments, Oilfield and Industrial Technologies and Services, and Environmental Technologies and Services. The Oilfield and Industrial Technologies and Services segment manufactures and sells oilfield ceramic technology products, base ceramic proppants, and frac sand proppants to pressure pumping companies, and oil and gas operators for use in the hydraulic fracturing of natural gas and oil wells. It also provides technology to design, build, and optimize the Frac; sells fracture stimulation software under the FracPro brand; and offers fracture design and consulting services to oil and natural gas exploration and production companies under the StrataGen brand name. The Environmental Technologies and Services segment provides spill prevention, containment, and countermeasure systems for the oil and gas industry. CARBO Ceramics Inc. was founded in 1987 and is headquartered in Houston, Texas.

Details
Name: CARBO Ceramics Inc.
CR8
Exchange: DB
Founded: 1987
$2,732,032
29,238,368
Website: http://www.carboceramics.com
Address: CARBO Ceramics Inc.
575 North Dairy Ashford,
Suite 300,
Houston,
Texas, 77079,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK CRRT Common Stock Pink Sheets LLC US USD 23. Apr 1996
DB CR8 Common Stock Deutsche Boerse AG DE EUR 23. Apr 1996
BRSE CR8 Common Stock Berne Stock Exchange CH CHF 23. Apr 1996
Number of employees
Current staff
Staff numbers
407
CARBO Ceramics employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/21 23:03
End of day share price update: 2019/12/23 00:00
Last estimates confirmation: 2020/03/17
Last earnings filing: 2019/11/08
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.