Business Summary:
The Company is a provider of oilfield support services to energy and resource industry participants throughout the US. The Company performs a broad range of trucking services necessary for effective management of oil and gas well production, including the transportation of equipment used in the extraction of oil and gas. Loads hauled by RTI may weigh up to 60,000 pounds, and contain items such as camphouses, tanks, (water, septic, and fuel), directional drilling tools, submergible equipment, drill pipe, and sucker rods.
- Rapid sales growth (32.3% compounded annually from 2004 – 2006)
- Excellent profitability (EBITDA averaged 26.6% percent of sales from 2004 – 2006)
- Large fleet of company-owned trucks and trailers
- Strong Client Relationships – The Company is proud of its strong ties to clients and its reputation for quality work and customer service. This commitment is represented in an enviable 95% retention rate of clients. The Company’s top 5 customers have been working with the firm for an average of 13 years(br)
- Strong geographic markets provide continued growth opportunities
- Experienced management and staff available to remain with new ownership
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