| Business Summary | | Prima
Energy
Corporation
engages
in
the
exploration
for,
and
the
acquisition,
development
and
production
of,
crude
oil
and
natural
gas
and
for
other
related
business
activities.
The
Company's
activities,
through
its
wholly
owned
subsidiaries,
have
expanded
to
include
oil
and
gas
property
operations,
oilfield
services
and
natural
gas
gathering,
marketing
and
trading.
The
Company
organizes
its
activities
in
operating
segments
that
consist
of
the
acquisition,
exploration,
development
and
operation
of
oil
and
gas
properties,
and
the
development,
production
and
sale
of
oil
and
natural
gas,
providing
oil
field
services
for
wells
that
it
operates
and
for
third
parties
and
the
marketing
and
trading
of
third-party
natural
gas.
The
Company's
activities
are
located
primarily
in
the
Rocky
Mountain
region
of
the
United
States,
which
is
considered
one
geographic
area. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PENG
engages
in
the
exploration,
acquisition,
development
and
production
of
crude
oil
and
natural
gas.
PENG
also
engages
in
oil
and
gas
property
operations,
oilfield
services
and
natural
gas
marketing
and
trading.
For
the
six
months
ended
6/01,
revenues
rose
44%
to
$32.7
million.
Net
income
before
acctg.
change
rose
53%
to
$13.7
million.
Revenues
benefited
from
significantly
higher
natural
gas
prices.
Net
income
also
reflects
a
reduction
in
the
cost
of
oilfield
services. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Richard Lewis, 51 Chairman,
Pres, CEO | $581K | $229K | Neil Stenbuck CFO,
Exec. VP, Director | -- | -- | Michael Kennedy, 40 Exec.
VP of Engineering and Operations | 167K | 506K | Michael McGuire, 50 Exec.
VP of Exploration | 205K | 328K | Sandra Irlando, 49 VP
of Accounting, Sec. and Controller | -- | -- | 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
|
|