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Constellation Energy Partners LLC

 
Hoover's Profile: Constellation Energy Partners LLC
(NYSE Arca:CEP)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Constellation Energy Partners LLC
1801 Main St., Ste. 1300
Houston, TX 77002
TX Tel. 832-308-3700
Toll Free 877-847-0008

Type: Public
On the web: http://www.constellationenergypartners.com
Employees: 6,600
Employee growth: (19.5%)

Constellation Energy Partners' domain is decidedly more terrestrial than stellar. A subsidiary of Constellation Energy's Commodities Group, it is a coalbed methane exploration and production company that operates exclusively in Alabama's Black Warrior Basin. In 2007 Constellation Energy Partners reported proved reserves of 302.8 billion cu. ft. of natural gas equivalent. The company's properties are located in the Robinson Bend Field and were first developed by Torch Energy and then by Everlast Energy. Constellation Energy Partners acquired the properties from Everlast; it still is required to make royalty payments to Torch Energy Royalty Trust.

Key numbers for fiscal year ending December, 2009:
Sales: $3,654.6M
One year growth: (3.1%)
Net income: ($301.4)M

Officers:
Chairman: John R. Collins
President, CEO, COO, and Independent Manager; Managing Director, Constellation Energy Commodities: Stephen R. Brunner
CFO and Treasurer: Charles C. (Chuck) Ward

Competitors:
Energen
GeoMet
XTO Energy

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