Arena Resources, Inc. · Tulsa, OK United States ·(NYSE: ARD)
Company Description
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This link will open in a new window Independent energy company Arena Resources battles with the big boys in the arena of oil and gas exploration and production. The company operates in Kansas, New Mexico, Oklahoma, and Texas, and has proved reserves of 55.4 million barrels of oil equivalent. Its assets in Oklahoma and Texas account for the bulk of the company's proved reserves. About 30% of its reserves depend upon secondary recovery techniques to make productive. Arena Resources had an average daily production of 5,565 barrels of oil equivalent in 2007. That year Navajo Refining and DCP Midstream accounted for most of the company's oil and gas sales. To read the full description, subscribe now.
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Key Arena Resources, Inc. Financials
| Company Type | Public - NYSE: ARD Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $208.9 |
| 2008 Employees | 71 |
Arena Resources, Inc. Executives
14 executives listed for Arena Resources, Inc.'s Tulsa, OK location.
| Title | Name & Bio | Contact |
| Chairman | Lloyd Rochford | Network |
| President and CEO | Phillip Terry | Network |
| VP, CFO, Secretary, and Treasurer | William Broaddrick | Network |
Competition
Competitive Landscape for Arena Resources, Inc.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Arena Resources, Inc. Competitors
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