Universal Compression, Inc. | Introduction
Introduction
4440 Brittmoore Road
Houston, Texas 77041
U.S.A.
Telephone: (713) 466-4103
Toll Free: (800) 234-4650
Fax: (713) 466-6574
Web site: http://www.universalcompression.com
Public Company
Incorporated: 1954 as South Coast Gas Company
Employees: 2,280
Sales: $625.22 million (2003)
Stock Exchanges: New York
Ticker Symbol: UCO
NAIC: 532490 Other Commercial and Industrial Machinery and Equipment Rental and Leasing
Universal Compression, Inc. rents, maintains, and operates a fleet of compressors used to pressurize natural gas pipelines. It owns one of the largest rental fleets in the United States, and has been developing its international business in Argentina, Venezuela, Canada, and the Pacific Rim. International operations accounted for 28 percent of revenues in 2003.
Compression equipment is used to boost the pressure of natural gas as it is being gathered, processed, and distributed. Universal Compression has grown to a leading position in the rental market for compression equipment in part through acquiring a series of related businesses over the years. In early 2003, Universal's compressor fleet numbered 7,400 units providing 2.3 million horsepower. The individual compressors ranged in size from 100 to 5,000 horsepower, allowing Universal to serve a wide spectrum of users.