CREDO Petroleum Corporation (NASDAQ (GS): CRED)
Denver, CO 80202-3837 (Map) Phone: 303-297-2200
Fax: 303-297-2204
http://www.credopetroleum.com
Overview
CREDO Petroleum believes strongly in fossil fuels: It explores for, produces, and markets natural gas and crude oil in the US Gulf Coast, Midcontinent, and Rocky Mountain regions. The company has traditionally concentrated on shallow and medium-depth properties (7,000-9,000 ft.), but in recent years it has launched projects in Kansas and South Texas (where it is drilling to well depths ranging from 10,000 to 17,000 ft.). In 2008 the company reported estimated proved reserves of 15.5 billion cu. ft. of gas and 710,000 barrels of oil. Subsidiary United Oil operates the company's properties in Oklahoma, and CREDO Petroleum's other subsidiary, SECO Energy, owns royalty interests in the Rocky Mountains.
Sample OverviewKey Numbers from Hoover's UK
Key financials for CREDO Petroleum Corporation (NASDAQ (GS): CRED)
| Company Type | Public (NASDAQ (GS): CRED) |
|---|---|
| Fiscal Year-End | October |
| 2008 Sales (mil.) | £10.5 |
| 1-Year Sales Growth | 2.1% |
| 2008 Net Income (mil.) | £3.6 |
| 1-Year Net Income Growth | (1.6%) |
| 2008 Employees | 13 |
| 1-Year Employee Growth | 8.3% |
Key People from Hoover's UK
Key people and executives for CREDO Petroleum Corporation (NASDAQ (GS): CRED)
| Chairman and CEO | James T. Huffman (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| VP and CFO | Alford B. Neely Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of CREDO Petroleum Corporation (NASDAQ (GS): CRED)
There are 12 competitors for CREDO Petroleum; see more.Significant Developments
View company events at CREDO Petroleum Corporation (NASDAQ (GS): CRED) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| Top Executive Change | Subscribers get full details -- view a sample |
