DELTIC TIMBER CORP.GOVERNMENT EFFORTS to step up environmental policies will likely continue to affect El Dorado-based Deltic Timber Corp. on two fronts. More stringent laws relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the protection of human health and the environment could compel the company to spend more money on compliance. Deltic's previous expenditures to comply with requirements relating to air and water emissions, pesticide and herbicide herbicide (hr`bəsīd'), chemical compound that kills plants or inhibits their normal growth. A herbicide in a particular formulation and application can be described as selective or nonselective. use and the protection of wetlands and endangered species endangered species, any plant or animal species whose ability to survive and reproduce has been jeopardized by human activities. In 1999 the U.S. government, in accordance with the U.S. have not been material. The company also is expected to be affected by the increased efforts of certain federal agencies -- the major suppliers of timber to the U.S. forest products industry -- to limit the amount of timber they offer for sale. Deltic's sawmill sawmill, installation or facility in which cut logs are sawed into standard-sized boards and timbers. The saws used in such an installation are generally of three types: the circular saw, which consists of a disk with teeth around its edge; the band saw, which in Ola will be the most affected by this development. Timber industry developments in the last couple of years, including an Asian economic crisis that caused Western and Canadian timber companies to flood the market, have caused Deltic's stock value to drop. Deltic's stock reached $28.63 per share in April 1999, but it was hovering at about $21 just one year later. In addition, Deltic's first quarter net income dropped to $2.2 million in 2000 from $3.9 million, which included a $4.3 million commercial sale in the company's real estate segment, in 1999. However, the company's net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight increased 6.7 percent, from $31.3 million during the first quarter 1999 to $33.4 million during the same period in 2000. Deltic Timber Corp., spun off Murphy Oil Murphy Oil Corporation NYSE: MUR is a petroleum corporation. It is a S&P 500 company. In 2007, it was ranked as the 169th largest company in America on the Fortune 500. The current President & CEO is Claiborne Deming. Corp. in 1996, is engaged primarily in growing and harvesting timber and the manufacture and marketing of lumber, The company owns about 444,000 acres in Arkansas and north Louisiana North Louisiana, also known as Sportsman's Paradise, is a region in the U.S. state of Louisiana. The region has two metropolitan areas: Monroe and Shreveport-Bossier City. , including 397,000 acres of timberland. In addition to its timber and lumber operations, Deltic is engaged in real estate development projects in central Arkansas and owns about 37,000 acres of farmland in northeast Louisiana. |
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