Belden & Blake Corporation · Houston, TX United States
Company Description
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This link will open in a new window It may sound like a law firm, but Belden & Blake is in fact an energy company that obeys the laws of supply and demand in the oil and gas market. It acquires properties, explores for and develops oil and gas reserves, and gathers and markets natural gas in the Appalachian and Michigan basins. In 2008 Belden & Blake reported interests in 4,550 gross wells, leases on about 562,100 net acres, and it owned and operated 1,660 miles of gas gathering lines. The company had estimated proved reserves of 223 billion cu. ft. of gas equivalent. Belden & Blake is controlled by Capital C Energy Operations, itself controlled by EnerVest Ltd. To read the full description, subscribe now.
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Key Belden & Blake Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $125.7 |
Belden & Blake Corporation Executives
9 executives listed for Belden & Blake Corporation's Houston, TX location.
| Title | Name & Bio | Contact |
| President and CEO | John Walker | Network |
| SVP, COO, and Director | Kenneth Mariani | Network |
| EVP and CFO | James Vanderhider | Network |
Competition
Competitive Landscape for Belden & Blake Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Belden & Blake Corporation Competitors
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