| Business Summary | | Louis
Dreyfus
Natural
Gas
Corp.
is
one
of
the
largest
independent
natural
gas
companies
in
the
United
States
engaged
in
the
acquisition,
development,
exploration,
production
and
marketing
of
natural
gas
and
crude
oil.
The
Company's
acquisition,
development
and
exploration
activities
are
primarily
conducted
in
three
geographically
concentrated
core
areas:
the
Permian
Region,
which
includes
west
Texas,
southeast
New
Mexico
and
the
San
Juan
Basin;
the
Mid-Continent
Region,
which
includes
Oklahoma,
Kansas,
the
panhandle
of
Texas,
east
Texas,
southwest
Arkansas
and
north
Louisiana;
and
the
Gulf
Coast
Region,
which
includes
south
Texas
and
offshore
Gulf
of
Mexico.
The
Company's
proved
reserves
as
of
December
31,
2000
totaled
1.8
Tcfe
(trillion
cubic
feet
equivalent).
The
majority
of
the
Company's
wellhead
gas
production
is
sold
to
a
variety
of
purchasers
on
the
spot
market
or
dedicated
to
contracts
with
market-sensitive
pricing
provisions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Louis
Dreyfus
Natural
Gas
is
an
independent
natural
gas
company
engaged
in
the
acquisition,
development,
exploration,
production
and
marketing
of
natural
gas
and
crude
oil.
For
the
six
months
ended
6/30/01,
revenues
totaled
$369.4
million,
up
from
$168.5
million.
Net
income
totaled
$121.2
million,
up
from
$17.9
million.
Revenues
reflect
higher
oil
and
gas
production
and
higher
oil
and
gas
prices.
Net
income
also
reflects
decreased
S/G/A
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Simon Rich, Jr., 56 Chairman | -- | -- | Mark Monroe, 46 Pres,
CEO, Director | $819K | $1.2M | Mark Andrews, III, 50 Vice
Chairman | -- | -- | Jaffrey Bonney, 44 Exec.
VP and CFO | 326K | 808K | Richard Bross, 52 Exec.
VP of Land and Operation | 426K | 1.4M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|