Fundamental Data for GW

GREY WOLF(AMEX:GW)

Grey Wolf, Inc. is a leading provider of contract oil and gas land drilling services in the United States serving both major and independent oil and gas companies with a premium fleet of 117 rigs. In the combined markets of South Texas, the Gulf Coast, Ark-La-Tex and Mississippi /Alabama, Grey Wolf is a market leader in the region that holds the nation''s most significant onshore natural gas reserves. To further that strategy, Grey Wolf expanded its market presence to the Rocky Mountains and West Texas.

# Employees: 2800

Address: 10370 Richmond Avenue Suite 600,Houston,TX,USA

Phone: 713-435-6100

Fax: 713-435-6170

Website: www.gwdrilling.com

Email: jobs@gwdrilling.com

Sector: Oils/Energy

Industry: OIL&GAS-DRILL

Executive Officers

Frank M. Brown (Dir.)

William R. Ziegler (Dir.)

Thomas P. Richards (Chmn.; Presi.; C.E.O.)

David W. Wehlmann (Exec. V.P.; C.F.O.)

Kent D. Cauley (V.P.; Controller.,)

Dividend

Ex-Dividend Date: N/A

Annual Dividend: N/A

Current Dividend Yield: N/A

Dividend Paid (3 months): N/A

Indicated Dividend: N/A

Earnings

Last Earnings Date: 9/30/2008

Next Earnings Date(Expected): 2/18/2009

Mean EPS (Next Qtr): $0.17

Mean EPS (Year): $0.63

Mean Estimate(Long Term): ($0.01)

P/E Ratio(Based on EPS estimate): 4.960

Number of Estimates: 7

Shares Performance

Period	GW	Compare to S&P
YTD	-41.09 %	97.34 %
4 Weeks	-45.96 %	-47.18 %
12 Weeks	-56.99 %	-45.40 %

Shares Information

Analyst Coverage: Y

Avg Volume: 7044320

Shares Outstanding: 179M

Market Cap: $0.56B

52 Week High: $9.50

52 Week Low: $3.14

P/E Ratio: 5.060

PEG Ratio: -0.010

Split: On 1/1/1990 GW split by factor of 2.000

Earnings Performance

EPS Growth in Last Quarter: 6.67 %

EPS Growth in Last Year: -11.11 %

Sales Growth in Last Quarter: 8.05 %

Sales Growth in Last Quarter: 4.53 %

Financials

Qtr Book Value: $0.75

Cash Flow/Share: $2.15

Change in Payout Ratio: 0.000

Price/Sales: 0.650