OverviewSuggest Edit

Seitel is an oil and gas service company involved in the creation and marketing of 2D and 3D spec seismic data. Seitel's data products and services are critical in the exploration for and development of oil and gas reserves by oil and gas companies.

TypePrivate
Founded1982
HQHouston, US
Websiteseitel.com
Employee Ratings4.2

Latest Updates

Employees (est.) (May 2019)73
Revenue (FY, 2017)$90.3 M(-4%)

Seitel Office Locations

Seitel has an office in Houston
Houston, US (HQ)
10811 S Westview Cir Dr
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Seitel Financials and Metrics

Summary Metrics

Founding Date

1982

Seitel Revenue

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View revenue for all periods
Seitel's revenue was reported to be $90.25 m in FY, 2017
USD

Revenue (Q2, 2018)

31.8m

Gross profit (Q2, 2018)

31.7m

Gross profit margin (Q2, 2018), %

99.7%

Net income (Q2, 2018)

(11.7m)

EBIT (Q2, 2018)

(1.7m)

Cash (30-Jun-2018)

75.2m
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

100.3m94.5m90.3m

Cost of goods sold

195.0k76.0k96.0k

Gross profit

100.1m94.5m90.2m

Gross profit Margin, %

100%100%100%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

44.4m57.1m47.3m41.3m24.3m30.7m31.2m12.0m24.3m23.3m20.6m24.0m19.5m31.8m

Cost of goods sold

188.0k126.0k127.0k29.0k100.0k27.0k37.0k22.0k11.0k22.0k10.0k31.0k17.0k105.0k

Gross profit

44.2m56.9m47.2m41.3m24.2m30.7m31.2m11.9m24.3m23.2m20.6m24.0m19.5m31.7m

Gross profit Margin, %

100%100%100%100%100%100%100%100%100%100%100%100%100%100%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

31.4m52.7m56.0m70.6m

PP&E

19.0m17.8m18.9m

Goodwill

201.5m179.8m182.0m187.2m

Total Assets

595.5m425.8m385.2m364.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

28.0m33.1m43.0m56.6m80.1m66.7m64.0m57.0m44.5m60.9m64.3m80.3m81.0m75.2m

Goodwill

204.7m198.0m201.2m196.7m186.4m187.7m182.2m184.6m184.4m183.8m182.6m187.7m185.1m179.0m

Total Assets

503.8m582.6m581.0m577.2m559.1m558.1m534.4m415.6m401.4m390.6m382.4m370.0m353.9m339.8m

Accounts Payable

43.0m38.2m36.1m33.9m36.1m32.9m35.9m27.6m21.6m23.3m24.8m18.2m13.8m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Net Income

113.7m(110.0m)(24.4m)(31.5m)

Depreciation and Amortization

121.6m80.9m75.1m77.5m

Cash From Operating Activities

147.9m72.6m30.5m40.4m

Cash From Investing Activities

(145.7m)(77.7m)(27.0m)(26.5m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

8.3m1.9m4.5m9.0m(7.6m)(9.9m)(4.1m)(13.9m)(9.2m)(5.4m)(13.4m)(6.3m)(1.9m)(11.7m)

Depreciation and Amortization

89.3m37.9m67.6m85.9m23.1m43.5m24.6m15.1m24.8m18.9m22.3m10.3m18.4m

Cash From Operating Activities

111.2m30.1m62.4m99.4m46.0m10.7m20.4m18.9m

Cash From Investing Activities

(112.7m)(28.1m)(50.8m)(73.7m)(37.4m)(6.5m)(9.8m)(14.1m)
USDY, 2018

Revenue/Employee

448.1k
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Seitel Online and Social Media Presence

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Seitel News and Updates

Pulse Seismic Inc. Announces Acquisition of Seitel Canada Ltd.

CALGARY, Alberta, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) is pleased to announce that it has today completed the acquisition of Seitel Canada Ltd.

Seitel Frequently Asked Questions

  • When was Seitel founded?

    Seitel was founded in 1982.

  • How many employees does Seitel have?

    Seitel has 73 employees.

  • What is Seitel revenue?

    Latest Seitel annual revenue is $90.3 m.

  • What is Seitel revenue per employee?

    Latest Seitel revenue per employee is $1.2 m.

  • Who are Seitel competitors?

    Competitors of Seitel include Planet Labs, Botlink and Dawson Geophysical Company.

  • Where is Seitel headquarters?

    Seitel headquarters is located at 10811 S Westview Cir Dr, Houston.

  • Where are Seitel offices?

    Seitel has an office in Houston.

  • How many offices does Seitel have?

    Seitel has 1 office.