BNET Industries

Credo Petroleum Corp.

(CRED) is in the Energy Industry

Market Cap:$93.2M
Last Fiscal Year Sales:$17.3M
  • Public
  • US
Dow Jones Description

CREDO Petroleum Corporation is an independent exploration and production company focused on adding oil and gas reserves through the drill bit and through the application of the company's patented fluid lift technology known as the Calliope Gas Recover SystemTM. The company's core operating areas are the Anadarko Basin of northwest Oklahoma and the Texas Panhandle, and along the Central Kansas Uplift. Credo is also engaged in the development of new fluid lift technologies that increase the recovery of natural gas stranded in low-pressure reservoirs. Credo's long record of creating value for its shareholders is rooted in outstanding people and the rigorous application of science.

Chief Executive Officer
James T. Huffman
Number of Employees 13
Contact Information

1801 Broadway Ste 900

Denver, Colorado 80202-3837

credopetroleum....

(303) 297-2200

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • Credo Petroleum Q3 Profit Falls - Update

    9/09/09 - Financial Announcement - View Story

  • Credo Petroleum's CEO Plans Retirement for End of 2009

    9/04/09 - Mgmt. Change Leaving - CEO - View Story

  • Credo Petroleum Posts Q1 Financial Results

    6/09/09 - Financial Announcement - View Story

News & Analysis

credo petroleum corp. and denver - All News and Analysis

Decision Makers

Name (plus bio) Position
James T. Huffman Chief Executive Officer
Alford B. Neely Vice President & Chief Financial Officer
William Skewes General Counsel, Secretary & Director
Kenneth J. DeFehr Manager, Petroleum Engineering
Torie A. Vandeven Manager, Geology and Exploration
James P. Garrett Controller
Richard B. Stevens Executive Compensation

Board of Directors

Name (plus bio) Position
Oakley Hall Chairman
Clarence H. Brown Board of Directors
H. Leigh Severance Board of Directors
John A. Rigas Board of Directors
Mark Meyer Board of Directors
Marlis E. Smith Board of Directors
William Mark Meyer Board of Directors

Organization Position Status
CREDO Petroleum Corporation Chief Executive Officer Current
CREDO Petroleum Corporation Chairman Current
CREDO Petroleum Corporation President Former
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Vice President & Chief Financial Officer Current
Regulatory-Compliance.Com Manager Former
CREDO Petroleum Corporation Manager of Regulatory, Compliance Former

Organization Position Status
CREDO Petroleum Corporation General Counsel, Secretary & Director Current
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Manager, Petroleum Engineering Current

Organization Position Status
CREDO Petroleum Corporation Manager, Geology and Exploration Current
Key Production Company, Inc Regional Geologist Former

Organization Position Status
CREDO Petroleum Corporation Controller Current
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Executive Compensation Current
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Chairman Current

Mr. Brown has been an independent businessman and oil operator since December of 2000. From 1989 until December of 2000, Mr. Brown was an Executive Vice President, Chief Operating Officer and member of the Board of Directors for Columbus Energy, Inc. Prior to 1989, Mr. Brown was the Chairman of the Board of Directors and Chief Executive Officer of Kimbark Oil and Gas Company.

Organization Position Status
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Board of Directors Current

Mr. Meyer has been President, since April of 2007, of RR Advisors, LLC and Principal of RCH Energy Opportunity Fund II, LP and RCH Energy Opportunity Fund III, LP, E&P equity investment funds. From August of 2005 until March of 2007, Mr. Meyer was a Portfolio manager for CastleArk Management. From January of 2001 until July of 2005, Mr. Meyer was Director of Simmons & Company, Int'l and a Senior Equity Research Analyst in the E&P sector.

Organization Position Status
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Board of Directors Current

Organization Position Status
CREDO Petroleum Corporation Board of Directors Current

Executive News

  • Credo Petroleum's CEO Plans Retirement for End of 2009

    Rigzone - 9/04/09 - View Story

  • Credo Petroleum's CEO Plans Retirement for E...

    Rigzone - 9/04/09 - View Story

  • Credo Petroleum CEO James Huffman to retire

    CNBC - 9/03/09 - View Story

  • Market Report -- In Play (CRED)

    Briefing.com via MSN Money - 9/03/09 - View Story

  • Credo Petroleum CEO To Retire - Quick Facts

    RTTNews.com - 9/03/09 - View Story

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     CRED $9.06 -0.58 (-6.02% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 15,527
Shares Outstanding 10.29M
Market Cap 93.3M
Year High 12.9
Year Low 6.33
Earnings Per Share -1.19
P/E Ratio -7.61
Dividend N/A
Yield N/A
IndustryTop Rated

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