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Home > Company Index > Energy > Oil & Gas Exploration & Production > Magnum Hunter Resources, Inc.

Magnum Hunter Resources, Inc.
AMEX: MHR
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 PROFILE
It's always open season on oil and gas for Magnum Hunter Resources. The independent exploration and production company has proved reserves of 367 billion cu. ft. of natural gas equivalent (74% is natural gas) in the midcontinent, Permian Basin, and onshore and offshore Gulf of Mexico (where it partners with Remington Oil and Gas and Wiser Oil). It owns interests in 3,000 producing wells. In addition, Magnum Hunter owns more than 480 miles of gas gathering systems and a half interest in three gas processing facilities. The company markets gas in the western US through 30%-owned NGTS and provides oil field services through subsidiary Gruy Petroleum Management. Natural gas distributor ONEOK owns 22% of Magnum Hunter.

 COMPETITION
Anadarko Petroleum Corporation (APC)
Chevron Corporation (CHV)
Kerr-McGee Corporation (KMG)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 127.50
1-Yr. Sales Growth: 83.2%
Employees: 95
Revenue per employee: $1,342,105.26

 KEY PEOPLE
• Gary C. Evans
    CEO
• Chris Tong
    CFO

 CONTACT INFO
600 E. Las Colinas Blvd., Ste. 1100
Irving, TX 75039
US
Phone: 972-401-0752
Fax: 972-401-3110
Online: Web Site

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