Boart Longyear Ltd - Company Profile
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Boart Longyear Ltd (Boart Longyear), is a drilling equipment and services provider that carries out the designing, manufacturing and selling of the drilling equipment. It also offers drilling services to the mining industry for certain commodities, including gold, copper, nickel, iron, uranium and other metals and minerals. The company offers integrated exploration services, surface coring, underground coring, pump services and rotary services. It provides drilling equipment and performance tooling such as drilling rigs, drill rods, diamond drill, sonic rigs, multi-purpose drilling tools and diamond core. The company markets its products in the Americas, Asia-Pacific, Europe, Middle East and Africa. Boart Longyear is headquartered in Salt Lake City, Utah, the US.
Headquarters
United States of America
Address
2455 South 3600 West, West Valley City, Utah, 84119
Website
www.boartlongyear.com
Telephone
1 801 9726430
No of Employees
5,314
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
BLY (ASX)
Revenue (2022)
$1.0B
12.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
120.7%
(2022 vs 2021)
Market Cap*
$566.5M
Net Profit Margin (2022)
XYZ
118.3%
(2022 vs 2021)
* As of and is in US$
Boart Longyear Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Drilling Tools | Drilling Services | TruScan |
| Diamond Core | Mineral Exploration | TruShot |
| Roller Latch | Underground Coring | TruCore |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In December, the company announced its plans to be acquired by American Industrial Partners Capital Fund. |
| 2022 | New Products/Services | In January, the company launched LM Deephole Underground Rig Offering, a PQ drill head. |
| 2021 | New Products/Services | In December, the company launched Roller Latch Quick Pump-In Overshot, tailored for underground and up-hole drilling. |
Competitor Comparison
| Key Parameters | Boart Longyear Ltd | C&J Energy Services Inc | Superior Energy Services Inc | Key Energy Services Inc | Cabo Drilling Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | Canada |
| City | West Valley City | Houston | Houston | Houston | New Westminster |
| State/Province | Utah | Texas | Texas | Texas | British Columbia |
| No. of Employees | 5,314 | 6,399 | 2,200 | 2,000 | - |
| Entity Type | Public | Private | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey Olsen | Chief Executive Officer; Director; President | Executive Board | 2016 | - |
| Jenny Fuss | Chief Financial Officer | Senior Management | 2023 | - |
| Denis Despres | Chief Operating Officer | Senior Management | 2016 | - |
| Giovanna Moscoso | Chief Legal Officer | Senior Management | 2022 | - |
| Daniel Goldblatt | Chief Human Resources Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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