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Constellation Energy Partners LLC

 
Hoover's Company Profiles:

Constellation Energy Partners LLC

(NYSE Arca:CEP)
Contact Information
Constellation Energy Partners LLC
1801 Main St., Ste. 1300
Houston, TX 77002
TX Toll Free 877-847-0008

Type: Public
On the web: http://www.constellationenergypartners.com
Employees: 127
Employee growth: (6.6%)

Constellation Energy Partners' domain is decidedly more terrestrial than stellar. A unit of Constellation Energy, it is a coalbed methane exploration and production company that operates in Alabama's Black Warrior Basin (one of the oldest and most lucrative coalbed methane basins in the US), the Cherokee Basin in Kansas and Oklahoma, and the Woodford Shale in the Arkoma Basin in Oklahoma. In 2010 Constellation Energy Partners reported proved reserves of 221 billion cu. ft. of natural gas equivalent. That year the company operated 87% of the more than 2,780 wells in which it held an interest.

Key numbers for fiscal year ending December, 2010:
Sales: $150.8M
One year growth: 5.8%
Net income: ($276.9)M

Officers:
Chairman: John R. Collins
CEO, COO, and President: Stephen R. Brunner
CFO and Treasurer: Charles C. (Chuck) Ward

Competitors:
Energen
GeoMet
XTO Energy

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