CARBO Ceramics Inc. (CRR), Schlumberger Limited. (SLB): Will This Management Team Prop Up Your Portfolio?

The company is also expanding its presence in resin-coated ceramics and resin-coated sand proppants. A 600 million pound-per-year resin-coated sand expansion at a facility in Wisconsin was started, though it was ultimately put on hold until market conditions improve. Perhaps most exciting is the development of a high-strength ceramic proppant for use in deepwater oil and gas wells. Such a product could significantly improve the economics of extracting hydrocarbons in deepwater energy reserves.

Foolish bottom line

I couldn’t find any red flags surrounding CARBO’s management team. When it comes to this company, investors will find that management treats shareholders with respect, responsibly manages its stock holdings, has a clear vision for growth and product development, and certainly understands the industry.

The article Will This Management Team Prop Up Your Portfolio? originally appeared on Fool.com and is written by Maxx Chatsko.

Fool contributor Maxx Chatsko has no position in any stocks mentioned. Check out his personal portfolio or his CAPS page, or follow him on Twitter, @BlacknGoldFool, to keep up with his writing on energy, bioprocessing, and emerging technologies.The Motley Fool recommends Halliburton.

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