HOUSTON, Jan. 17, 2012 /PRNewswire/ -- CARBO Ceramics
Inc. (NYSE: CRR) announced that its Board of Directors has approved
the payment of a dividend on February 15,
2012, of $0.24 per share to
all shareholders of record on February 1,
2012.
CARBO is the world's largest supplier of ceramic proppant for
fracturing oil and gas wells; provider of the industry'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.
SOURCE CARBO Ceramics Inc.