BNET Industries
Market Cap:$85.9M
Last Fiscal Year Sales:$36.9M
- Public
- US
Dow Jones Description
Constellation Energy Partners (NYSE Arca: CEP) is a growth oriented oil and gas company focused on the acquisition, development and production of long-lived oil and natural gas properties. The Company's current asset base consists of approximately 335 Bcfe of estimated proved coalbed methane reserves in the Black Warrior Basin in Alabama, the Cherokee Basin in Oklahoma and Kansas and the Woodford Shale in the Arkoma Basin in Oklahoma. These reserves are long-lived and low-risk and are well suited for production stability. CEP's business objective is to maximize returns to unitholders, and its growth focus is through acquisition of long-lived, low-risk and predominantly proved developed reserves.
President and Chief Executive Officer
Stephen R. BrunnerNumber of Employees 102
Contact Information
One Allen Center
500 Dallas Street, Suite 3200
Houston, Texas 77002
877-847-0008
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
Recent Events
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Constellation Energy Partners Slips To Loss In Q3
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Constellation Energy Partners Reports Second Quarter 2009 Results
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Notable Analyst Rating Changes 6/30: FDX, ERTS, TSL, AMZN Upgraded; ALY, CEP, HOT, SO Downgraded
News & Analysis
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constellation energy partners llc - All News and Analysis
Constellation Energy: A Good Trade for a Natural Gas Rebound
A small-cap natural gas pure play that is selling for 23% of its Net Asset Value (NAV). The opportunity provides a huge margin of safety and an extremely compelling upside. Company by Pakiya
MLPs: Past, Present and Future
Avi Morris submits: MLPs just came through a terrible year, mirroring stock market averages, even though their long term record of growth has excellent. Their pipelines move energy products, primarily oil and gas, around the US, a national priority. In more than a dozen years, they've grown from...
Constellation Energy Partners LLC Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Richard Roy - Citigroup. Richard Roy - Citigroup As it relates to the integration issues, it seems to me that in Q1 a lot of the items were one time. If you could just give us a little...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Stephen R. Brunner | President and Chief Executive Officer |
| Charles C Ward | Chief Financial Officer and Treasurer |
| Kathleen W. Hyle | Chief Operating Officer |
| Michael B. Hiney | Chief Accounting Officer and Controller |
| Lisa J. Mellencamp | General Counsel |
| Sandi Hennequin | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John R. Collins | Chairman |
| John N. Seitz | Board of Directors |
| Richard H. Bachmann | Board of Directors |
| Richard S. Langdon | Board of Directors |
Stephen R. Brunner was appointed President and Chief Executive Officer of Constellation Energy Partners in March 2008 and became an employee of the company in January 2009. He continues to serve in the role of Chief Operating Officer, a role he assumed in February 2008. Mr. Brunner has more than 25 years of experience operating oil and gas properties both domestically and internationally, and is responsible for managing the daily operations, including the development and production of oil and natural gas properties. Prior to joining Constellation Energy Partners, Mr. Brunner also served as a Vice President for Constellation Energy Commodities Group, Inc., where he provided support for Constellation Energy Partners in various operational activities. Prior to joining Constellation Energy in February 2008, Mr. Brunner served as the Executive Vice President of Operations for Pogo Producing Company, where he was responsible for all aspects of exploration, production, acquisition and divestiture activity for seven business units in the United States, Canada, New Zealand and Vietnam. During his 13-year tenure at Pogo, Mr. Brunner also served as Vice President of Operations, overseeing both domestic and international operations. He served as the Resident Manager of Thaipo Limited, a subsidiary of Pogo, as well as Offshore Operations Manager. Prior to his career with Pogo, he held various positions with Zilkha Energy Company, Chevron Corporation and Tenneco Oil Company. Mr. Brunner earned a BS in petroleum engineering from Louisiana Tech University in 1981.
| Organization | Position | Status |
|---|---|---|
| Constellation Energy Partners LLC | President and Chief Executive Officer | Current |
| Constellation Energy Partners LLC | Chief Operating Officer | Current |
| Pogo Producing Company | Board of Directors | Current |
| Pogo Producing Company | Executive Vice President, Operations | Former |
Charles C. Ward was appointed Chief Financial Officer and Treasurer of Constellation Energy Partners in March 2008 and became an employee of the company in January 2009. Mr. Ward has over 15 years of finance and energy industry experience. Prior to joining Constellation Energy Partners, Mr. Ward also served as a Vice President for Constellation Energy Commodities Group, Inc., where he provided support for Constellation Energy Partners in various finance activities and helped to lead the company through its initial public offering in November 2006. Prior to joining Constellation Energy in November 2005, Mr. Ward held finance and asset management positions at Enron North America, El Paso Energy, and Tenneco. Mr. Ward earned a MBA from Rice University in 1992 and a BS in accounting from the University of Houston in 1987.
| Organization | Position | Status |
|---|---|---|
| Constellation Energy Partners LLC | Chief Financial Officer and Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Constellation Energy Partners LLC | Chief Operating Officer | Current |
| Constellation Energy Group, Inc. | Senior Vice President | Current |
| Unistar Nuclear Energy, LLC | Chief Financial Officer | Former |
| Loyola College in Maryland | B.A. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Constellation Energy Partners LLC | Chief Accounting Officer and Controller | Current |
| Rice University | MBA | Former |
| Oklahoma State University | BS in Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Constellation Energy Partners LLC | General Counsel | Current |
| Constellation Energy Resources LLC | Associate General Counsel | Former |
| Boston University School of Law | JD | Former |
| Colgate University | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Constellation Energy Group, Inc. | Executive Vice President | Current |
| Constellation Energy Partners LLC | Chairman | Current |
| Constellation Energy Group, Inc. | Chief Financial Officer | Former |
| Constellation Energy Group, Inc. | Chief Risk Officer | Former |
| Constellation Energy Group, Inc. | Senior Vice President | Former |
| Baltimore Gas & Electric Company | Director of Financial Management | Former |
| Perdue Farms Incorporated | Financial Management Positions | Former |
| Baltimore Gas & Electric Company | Senior Financial Analyst | Former |
| Constellation Power Source, Inc. | Senior Financial Officer | Former |
| Constellation Power, Inc. | Board Director | Former |
| University of Pittsburgh | MBA | Former |
| University of Delaware | Bachelor’s degree in Business Administration | Former |
John N. Seitz is vice chairman of the board of directors of Endeavour International Corporation. He was one of the original co-founders of Endeavour in 2004 and the strategist behind its focus on North Sea exploration. Previously, he served as co-chief executive officer of the company. Seitz spent most of his career in various executive and management roles at Anadarko Petroleum Corporation, rising to the position of chief executive officer, chief operating officer and president. In 2000, the Houston Geological Society honored him as a "Legend in Wildcatting." Seitz began his career as a petroleum geologist with Amoco Production Company. Seitz is a Certified Professional Geological Scientist from the American Institute of Professional Geologists and a licensed professional geoscientist with the State of Texas. Seitz serves as a trustee for the American Geological Institute Foundation and a director for ION Geophysical Corporation and Constellation Energy Partners, LLC.
| Organization | Position | Status |
|---|---|---|
| Endeavour International Corp | Co-Chief Executive Officer and Director, Endeavour International Corporation | Current |
| Constellation Energy Partners LLC | Board of Directors | Current |
| ION Geophysical Corporation | Board of Directors | Current |
| Endeavour International Corp | Vice Chairman | Current |
| Endeavour International Corp | Board of Directors | Current |
| Elk Petroleum Limited | Director | Current |
| Anadarko Petroleum Corporation | chief executive officer | Former |
| Anadarko Petroleum Corporation | president | Former |
| Anadarko Petroleum Corporation | Chief Operating Officer | Former |
| Endeavour International Corp | Founder | Former |
| Amoco Corporation | petroleum geologist | Former |
| Rensselaer Polytechnic Institute | Master of Science in Geology | Former |
| University of Pittsburgh | Bachelor of Science in Geology | Former |
| Organization | Position | Status |
|---|---|---|
| Enterprise GP Holdings L.P. | Chief Legal Officer | Current |
| Enterprise GP Holdings L.P. | Executive Vice President | Current |
| Enterprise Products Partners L.P. | Director, Executive Vice President and Chief Legal Officer and Secretary | Current |
| Duncan Energy Partners L.P. | Director, President and Chief Executive Officer | Current |
| Conflicts | Board of Directors | Current |
| Epco, Inc. | Vice Chairman | Current |
| Epco, Inc. | Secretary | Current |
| Constellation Energy Partners LLC | Board of Directors | Current |
| Enterprise Products Partners L.P. | Board of Directors | Current |
| State Bar of Texas | Member | Current |
| Epgp | Chief Executive Officer | Former |
| Epco, Inc. | Chief Legal Officer | Former |
| Epgp | Chief Legal Officer | Former |
| Enterprise Products Gp LLC | Chief Legal Officer | Former |
| Enterprise Products Gp LLC | Executive Vice President | Former |
| Epgp | Executive Vice President | Former |
| Epco, Inc. | Executive Vice President | Former |
| Enterprise Products Partners L.P. | General Partner | Former |
| Enterprise GP Holdings L.P. | General Partner | Former |
| Epgp | Director of Dep Gp | Former |
| Epgp | Secretary | Former |
| Enterprise Products Gp LLC | Director | Former |
| University of Houston Law Center | Juris Doctor | Former |
| Southwestern University | B.A. | Former |
Richard S. Langdon. Mr. Langdon became a Director of Gasco and a member of the audit committee in March 2003 and of the nominating committee since April 2006. Mr. Langdon is currently the President and Chief Executive Officer of Matris Exploration Company, LP, a privately held exploration and production limited partnership active in California, and Sigma Energy Ventures, LLC, a privately held exploration and production limited liability company active in Texas. Mr. Langdon became the President and Chief Executive Officer of Matris in the beginning of 2003 and the President and Chief Executive Officer of Sigma in December of 2007. From 1997 until December 2002, Mr. Langdon served as Executive Vice President and Chief Financial Officer of EEX Corporation, a New York Stock Exchange listed exploration and production company that was acquired by Newfield Exploration in late 2002. Before joining EEX Corporation, Mr. Langdon was an oil and gas consultant from August 1996 to March 1997. Prior to that, he held various positions with the Pennzoil Companies since 1991, including Executive Vice President International Marketing Pennzoil Products Company, from June 1996 to August 1996; Senior Vice President Business Development & Shared Services Pennzoil Company from January 1996 to June 1996; and Senior Vice President Commercial & Control Pennzoil Exploration & Production Company from December 1991 to December 1995. Mr. Langdon is currently a member of the Board of Constellation Energy Partners LLC, a public limited liability company focused on the acquisition, development and exploitation of oil and natural gas properties and related midstream assets. Mr. Langdon holds a B.S. in Mechanical Engineering and a Masters of Business Administration, both from the University of Texas at Austin.
| Organization | Position | Status |
|---|---|---|
| California Inc | Chief Executive Officer | Current |
| California Inc | President | Current |
| Constellation Energy Partners LLC | Board of Directors | Current |
| Gasco Energy, Inc. | Board of Directors | Current |
| The University of Texas at Austin | Masters of Business Administration | Former |
| The University of Texas at Austin | B.S. In Mechanical Engineering | Former |
Sandi Hennequin is a Director, Energy Policy, New England for Constellation Energy Resources. In this position, she represents Constellation Energy's interests in the New England Power Pool ("NEPOOL") stakeholder process, before regulatory utility commissions and legislatures, and within trade associations. With over 13 years of experience in the energy industry, Sandi has focused primarily on electric restructuring, all aspects of generation asset transactions and advocating for fair wholesale electric market structures in New England. Currently she serves as Vice Chair of the NEPOOL Markets Committee and as Secretary of the Northeast Energy and Commerce Association ("NECA"). She has been heavily involved with NECA since 2004, serving on the Board of Directors and co-chairing committees such as the Regulatory and Legislative Committee, and the External Communication Committee. Sandi is also very engaged in civic activities, chairing the event committee of Families First, serving on her town's Blue Ribbon Committee on Sustainable Practices and volunteering as a lector in her church. Her mix of professional and civic leadership recently led to her being selected by the New Hampshire Business and Industry Association and the Union Leader as one of 2007's top "forty under 40" leaders in New Hampshire. She holds a B.A. in Political Communication from the George Washington University and a Masters of Public Administration from Syracuse University's Maxwell School. Sandi lives with her husband, two young daughters and beloved Corgi in Portsmouth, NH.
| Organization | Position | Status |
|---|---|---|
| The Northeast Energy and Commerce Association (Neca) | President | Current |
| Constellation Energy Partners LLC | Director | Current |
| The Northeast Energy and Commerce Association (Neca) | Board of Directors | Current |
| The George Washington University | B.A. In Political Communication | Former |
Executive News
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Constellation Energy Partners Reports Second Quarter 2009 Results
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