HOUSTON, Sept. 21 /PRNewswire-FirstCall/ -- CARBO Ceramics Inc. announced that its Board of Directors has approved the payment of a dividend on November 15, 2010, of $0.20 per share to all shareholders of record on November 1, 2010.
CARBO is the world's largest supplier of ceramic proppant for fracturing oil and gas wells; the provider of the world's most popular fracture simulation software; and a provider of fracture design and consulting services. The Company also provides a broad range of technologies for spill prevention, containment and countermeasures, along with geotechnical monitoring.
The statements in this news release that are not historical statements, including statements regarding our future financial and operating performance, are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. All forward-looking statements are based on management's current expectations and estimates, which involve risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Among these factors are changes in overall economic conditions, changes in demand and prices charged for our products, changes in the demand for, or price of, oil and natural gas, risks of increased competition, technological, manufacturing and product development risks, loss of key customers, changes in government regulations, foreign and domestic political and legislative risks, the risks of war and international and domestic terrorism, risks associated with foreign operations and foreign currency exchange rates and controls, weather-related risks and other risks and uncertainties described in our publicly available filings with the Securities and Exchange Commission. We assume no obligation to update forward-looking statements, except as required by law.
CARBO Ceramics Inc.
CONTACT: Ernesto Bautista III, CFO, +1-281-921-6400
Web Site: http://www.carboceramics.com/
