Business Overview
Smith International, Inc. is a diversified oilfield service company based in Houston, Texas. The Company is one of the largest global providers of products and services used by operators during the drilling, completion and production phases of oil and natural gas development activities. SMITH employs more than 20,000 full-time personnel and operates through three operating segments – M-I SWACO, Smith Oilfield and Wilson. Our common stock is traded on several market exchanges, including the New York Stock Exchange, under the symbol SII.

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SMITH is a leading supplier to oil and gas exploration and production companies around the world, with two-thirds of its oilfield segment revenues concentrated in markets outside of the United States. SMITH employs over 20,000 full-time personnel and operates through three operating segments: Smith Oilfield, M-I SWACO, and Wilson. The common stock is traded on several market exchanges, including the New York Stock Exchange, under the symbol SII.

The Company provides a comprehensive line of technologically advanced products and engineering services including drilling and completion fluids; solids control and separation equipment; waste-management equipment services; water treatment systems; oilfield production chemicals; directional drilling tools and services; two-cone, three-cone and diamond drill bits; turbine drilling products; drilling and fishing tools; underreamers; casing exit and multi-lateral systems; packers, liner hangers and tubular products.

SMITH also offers supply chain management solutions through an extensive branch network which supplies pipe, valves, fittings, mills, safety and other maintenance products to energy and industrial markets.