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TheStreet Open House

CARBO Ceramics' CEO Presents At Barclays CEO Energy/Power Conference (Transcript)

Stocks in this article: CRR

CARBO Ceramics Inc. (CRR)

Barclays CEO Energy/Power Conference Call

September 05, 2012, 10:25 pm ET

Executives

Gary Kolstad - President & CEO

Ernesto Bautista - VP & CFO

Analysts

Presentation

Unidentified Analyst

Okay, good morning. Welcome back everyone. For our next presentation, I am pleased to welcome back the management team from CARBO Ceramics. Speaking for the company this morning will be President and CEO, Gary Kolstad, and the company’s Chief Financial Officer, Ernesto Bautista. CARBO Ceramics is the leading provider of high-quality ceramic proppants to the oil and gas industry.

Gary has been President and CEO for the past six years and Ernesto has been with the company in the role of Chief Financial Officer for more than three years. With that please help me welcome back Gary and Ernesto.

Gary Kolstad

Thank you, (inaudible) and thanks all of you this morning for showing up to listen. Pleased that you are coming here and see and learn about CARBO forward-looking statement. A little bit about the company if you don't know us. We have the leading products that make oil and gas wells producing recover more. For an oil field services technology company and sales products and services globally, we manage the company with commitment to building an enduring company and are financially conservative and we have a long history of growth and profitability.

If you look and see where we do business at, the yellow dot show where we sell our products and services at and that's about 50 countries around the world. The red stars indicate where we have ceramic manufacturing plants and that's in Russia, China and the US. The gold stars which get a little more difficult to see there, but that's resin-coating plants that we have in Marshfield, Wisconsin and New Iberia, Louisiana. Then the green stars indicate Falcon Technologies, that's an environmental business we brought back in 2009 that provides spill prevention and containment services.

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