HOUSTON, May 21 /PRNewswire-FirstCall/ -- Allis-Chalmers Energy Inc. (NYSE:ALY) today announced that it was named to The Houston Chronicle 100 List, ranking third among all of the publicly traded companies based in the Houston area.
Each spring The Houston Chronicle ranks the publicly traded companies in the Houston area based on revenue, earnings per share growth, revenue growth and total return.
"Being named to this prestigious list is a reflection of the hard work and dedication that our employees have invested to build and grow our dynamic organization," said Micki Hidayatallah, Allis-Chalmers' Chairman and Chief Executive Officer. "According to The Houston Chronicle we were ranked third because our revenues almost tripled, our profits rose almost fourfold and we achieved a nearly 85% total return on our stock." About Allis-Chalmers Allis-Chalmers Energy Inc. is a Houston based multi-faceted oilfield services company. We provide services and equipment to oil and natural gas exploration and production companies, domestically in Texas, Louisiana, New Mexico, Colorado, Oklahoma, Mississippi, Utah, Wyoming, Arkansas, Alabama, West Virginia, offshore in the Gulf of Mexico, and internationally primarily in Argentina and Mexico. The Company operates in six sectors of the oil and natural gas service industry: rental services; international drilling; directional drilling; tubular services; underbalanced drilling; and production services. For more information, visit Allis-Chalmers' website at http://www.alchenergy.com/ or request future press releases via email at http://www.b2i.us/irpass.asp?BzID=1233&to=ea&s=0.
Contact: Jeffrey Freedman, VP IR
Allis-Chalmers Energy
713-369-0550 Lisa Elliott, Sr. VP
DRG&E/ 713-529-6600
DATASOURCE: Allis-Chalmers Energy Inc.
CONTACT: Jeffrey Freedman, VP IR, of Allis-Chalmers Energy +1-713-369-0550; or Lisa Elliott, Sr. VP of DRG&E, +1-713-529-6600, for Allis-Chalmers Energy Inc.
Web site: http://www.alchenergy.com/
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