NYSE, CRR - Carbo Ceramics
CARBO Ceramics Inc. (the ?Company?) is the world?s largest producer and supplier
of ceramic proppant and the largest provider of fracture and reservoir
diagnostic services and fracture simulation software through its subsidiary,
Pinnacle Technologies, Inc. (?Pinnacle?). The Company sells its products and
services to operators of oil and natural gas wells and to oilfield service
companies to help increase the production rates and the amount of oil and
natural gas ultimately recoverable from these wells. The Company?s products and
services are primarily used in the hydraulic fracturing of natural gas and oil
wells.
Hydraulic fracturing is the most widely used method of increasing production
from oil and natural gas wells. The hydraulic fracturing process consists of
pumping fluids down a natural gas or oil well at pressures sufficient to create
fractures in the hydrocarbon-bearing rock formation. ...
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