| Business Summary | | Daugherty
Resources,
Inc.
is
a
natural
resources
company
with
assets
in
oil,
gas,
gold
and
silver
properties.
Daugherty
Resources
pursues
its
oil
and
gas
drilling
operations
in
the
Appalachian
and
Illinois
Basins
through
its
subsidiary,
Daugherty
Petroleum.
Through
Daugherty
Petroleum,
the
Company
acquires
properties
for
the
exploration
and
development
of
oil
and
gas,
including
lease
acquisitions,
participation
in
ventures
involving
other
oil
and
gas
companies
and
investors
and
in
farm-ins
from
other
producers.
Daugherty
Petroleum
performs
these
services
on
behalf
of
Daugherty
Resources,
investors
in
specific
programs
and
on
a
joint
venture
basis
with
other
oil
and
gas
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Daugherty
Resources
is
a
natural
resources
company
with
assets
in
oil
and
gas,
and
gold
and
silver
properties.
For
the
six
months
ended
6/30/01,
revenues
decreased
2%
to
$3.9
million.
Net
income
decreased
65%
to
$185
thousand.
Revenues
reflect
a
decrease
in
drilling
contact
sales.
Lower
income
also
reflects
an
increase
in
general
and
administrative
expenses
and
higher
depletion
costs
and
a
rise
in
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Daugherty, 46 Chairman,
Pres, CEO | $155K | D. Michael Wallen, 46 VP
and Sec. | 111K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|