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Home > Company Index > Energy > Oil & Gas Pipelines & Storage > Coral Energy, L.P.

Coral Energy, L.P.
 PROFILE
Crossing borders without a passport, Coral Energy buys, stores, and moves natural gas. A Shell Oil subsidiary, Coral Energy (a combination of Coral and pipeline operator Tejas Energy) is the sole marketer of Shell Oil's daily production of 2.1 billion cu. ft. of gas. Coral's 6,100 miles of pipeline run along the Gulf Coast in Texas and Louisiana. It's also building a 100-mile pipeline in northern Mexico with that country's national oil company, PEMEX. Coral designs, constructs, and operates natural gas storage facilities in Texas, Lousiana, and Mexico, and is seeking to corral new profits through electricity marketing. Shell has decided to transfer most of Coral's assets to its InterGen joint venture with Bechtel.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1996 Sales (mil.): 2,108.00
1-Yr. Sales Growth: 102.0%
Employees: 818
Revenue per employee: $2,577,017.11

 KEY PEOPLE
• Charles R. Crisp
    CEO
• Susan Hodge
    CFO

 CONTACT INFO
909 Fannin St., Ste. 700
Houston, TX 77010
US
Phone: 713-767-5400
Fax: 713-767-5440
Online: Web Site

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