Profile: Exterran Corp (EXTN.N)

EXTN.N on New York Stock Exchange

17 Sep 2019
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Exterran Corporation, incorporated on March 2, 2015, is engaged in the provision of compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services, and oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it. The aftermarket services segment provides a range of services to support the surface production, compression and processing needs of customers, from parts sales and normal maintenance services to full operation of a customer's owned assets. The oil and gas product sales segment provides design, engineering, manufacturing, installation and sale of natural gas compression units, and accessories and equipment used in the production, treating and processing of crude oil and natural gas. The Company provides its products and services to a customer base consisting of companies engaged in all aspects of the oil and natural gas industry, including integrated oil and natural gas companies, national oil and natural gas companies, independent oil and natural gas producers, and oil and natural gas processors, gatherers and pipeline operators.

Contract Operations

The Company's contract operations segment provides contract operations services to customers outside of the United States. These services include the provision of personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression or oil or natural gas production or processing service needs, as well as designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment owned by it necessary to provide these services. As of December 31, 2016, its contract operations business provided contract operations services using a fleet of 853 natural gas compression units with an aggregate capacity of approximately 1,138,000 horsepower and a fleet of production and processing equipment.

Aftermarket Services

The Company's aftermarket services segment sells parts and components and provides operation, maintenance, overhaul and reconfiguration services to customers outside of the United States who own compression, production, processing and treating equipment. In addition, the Company's aftermarket services segment provides integrated infrastructure solutions to its customers.

Oil and Gas Product Sales

The Company's product sales segment designs, engineers, manufactures, sells and, in certain cases, installs a range of oil and natural gas production and processing equipment designed to heat, separate, dehydrate and condition crude oil and natural gas. Its products include line heaters, oil and natural gas separators, glycol dehydration units, condensate stabilizers, dew point control plants, water treatment, mechanical refrigeration and cryogenic plants and skid-mounted production packages designed for both onshore and offshore production facilities. It sells production and processing equipment, which is used for processing wellhead production from onshore or shallow-water offshore platform production. In addition, it sells custom-engineered, built-to-specification production and processing equipment, including designing facilities, including a combination of its products integrated into a solution that meets its customers' needs. The Company also designs, engineers, manufactures, sells and, in certain cases, installs skid-mounted natural gas compression equipment to meet customer specifications. Generally, it assembles compressors sold to third parties according to each customer's specifications. It also sells pre-packaged compressor units designed to its standard specifications. The Company sells its compression, and production and processing equipment primarily to independent oil and natural gas producers, as well as national oil and natural gas companies in the countries where it operates, both within the United States and internationally.

Company Address

Exterran Corp

11000 Equity Dr
HOUSTON   TX   77041-8234
P: +1281.8367000
F: +1302.6555049

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