BNET Industries

Market Cap:$6.8B
Last Fiscal Year Sales:$5.3B
  • Public
  • US
Dow Jones Description

El Paso delivers natural gas, coast to coast. Founded in 1928 and headquartered in Houston, TX, El Paso Corp. (NYSE: EP) provides natural gas and energy products, is one of North America's largest independent natural gas producers, and owns the continent's largest gas pipeline system. The company operates through its two main businesses Pipelines and Exploration & Production. The company has revenue of about $4.2 billion and employs about 5,000 workers.

President, Chief Executive Officer, and Director
Douglas L. Foshee
Number of Employees 5,344
Contact Information

1001 Louisiana St

PO Box 2511

Houston, Texas 77002-5089

elpasoinc.com

(713) 420-2600

NAICS Code Pipeline Transportation of Natural Gas: 486210

Recent Events

  • Devon profit falls 81%, but beats target

    11/04/09 - Bond / Stock Rating - View Story

  • Energy stocks cool off after Fed move

    11/04/09 - Financial Announcement - View Story

  • El Paso to reenter midstream business

    10/19/09 - Mgmt. Change Entering - President - View Story

  • El Paso Corporation's CEO to Present at Barclays Capital CEO Energy/Power Conference

    9/08/09 - Stock Split / Dividend - View Story

  • El Paso Pipeline Partners acquires majority stake in Colorado Interstate Gas

    7/27/09 - Merger / Acquisition - View Story

News & Analysis

el paso corp. and enron corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Douglas L. Foshee President, Chief Executive Officer, and Director
Brent J. Smolik President, Prod & Non-Reg Oper.
James J. Cleary President and Director
D. Mark Leland CFO & Executive Vice President
Dane E. Whitehead Senior Vice President and Chief Financial Officer
John R. Sult Chief Accounting Officer & Senior Vice President
Bob Baker General Counsel & Executive Vice President
Jeffrey B. Sherrick Senior Vice President, Production
Katherine Murray Senior Vice President, Tax
Sue Ortenstone Senior Vice President, HR & Facilities Services
Al Erxleben Vice President, Operations
Bruce L. Connery Vice President, Investor & Public Relations
David L. Siddall Vice President & Secretary
Marguerite Woung-Chapman Vice President and Corporate Secretary
Mica Espinoza Vice President
Minda Villarreal Vice President
Rafael Caraveo Vice President
Thomas L. Price Vice President and Director
Brian Kennedy Executive Director
Alan Bishop Director, Shareholder Relations
Carl Lakey Director, Production
Daniel B. Martin Senior Vice President and Director
Debra Fraire Owner, Advertising Director
Eduardo Miranda Jr. Director of Policy & Programs
Holly Fields Krafsur Director of Marketing and Public Relations, Spira Footwear
James C. Harrington Director, Project
Paul Malter Director-EH & S Non-Regulated
Thomas D. Hutchins Director, EH & S Pipelines
Alicia Ward Manager of Membership Development
Chris Jones Manager, Investor Relations
Debra Curry Bsu Operations Manager
Maria G. Morales Accounting Manager
Mark Ropella Sales Account Manager
Patrick Espinoza Manager of Marketing and Communications
Richard Wheatley Manager, Media Relations
William Baerg Manager, Investor Relations
Ana Ordonez Custodian
Ana Salcido Administrative Assistant
Bea Marquez Project Coordinator
Cindy Aviles Receptionist
Claudia Rosales Coordinator of Membership and Marketing
Gabriela Morales Program Coordinator
Isela Martinez Receptionist
Kris Diaz Administrative Assistant
Lucy Najera Accounting Clerk
Silvia Sutherland Score Coordinator
Susan Argue Principal, Investor Relations
Yolanda Black Administrative Assistant
Yvonne Ramirez Executive Assistant
Celia Burton Spotlight Editor
Steven J. Shapiro Director

Board of Directors

Name (plus bio) Position
Anthony W. Hall Jr. Chairman Governance & Nominating Committee, Member Health, Safety & Environmental Committee
Hedi Castillo Executive Committee Chairperson
John L. Whitmire Chairman Health, Safety & Environmental Committee, Member Audit Committee
Al Hernandez Executive Committee Vice-Chairperson
Ferrell P. McClean Board of Directors
Ida Yepez Board of Directors
J. Michael Talbert Board of Directors
James L. Dunlap Board of Directors
Jimmy Rogers Jr. Board of Directors
Joe B Wyatt Board of Directors
John Folmer Board of Directors
Jorge Valverde Board of Directors
Juan Carlos Braniff Board of Directors
Mark Scott Board of Directors
Rick Glancey Board of Directors
Robert F. Vagt Board of Directors
Robert W. Goldman Board of Directors
Sergio Lewis Board of Directors
Suzanne Michaels Board of Directors
Thea Chambers Board of Directors
Thomas R. Hix Board of Directors
William H. Joyce Board of Directors

Mr. Foshee has been President, Chief Executive Officer and a director of El Paso since September 2003. Prior to joining El Paso, Mr. Foshee served as Executive Vice President and Chief Operating Officer of Halliburton Company having joined that company in 2001 as Executive Vice President and Chief Financial Officer. Prior to assuming his position at Halliburton, Mr. Foshee served as President, Chief Executive Officer and Chairman of the Board of Nuevo Energy Company and Chief Executive Officer and Chief Operating Officer of Torch Energy Advisors, Inc. Mr. Foshee presently serves as a director of Cameron International Corporation and is a trustee of AIG Credit Facility Trust. Mr. Foshee serves as Chairman of the Federal Reserve Bank of Dallas, Houston Branch. Mr. Foshee also serves on the Board of Trustees of Rice University and serves as a member of the Council of Overseers for the Jesse H. Jones Graduate School of Management. He is a member of the Greater Houston Partnership Board and Executive Committee and other civic and community organizations. Mr. Foshee also serves on the board of directors of EI Paso Pipeline GP Company, L.L.C.

Organization Position Status
El Paso Corporation President, Chief Executive Officer, and Director Current
El Paso CGP Company Chairman, President & CEO Current
El Paso Pipeline Partners, L.P. President, Chief Executive Officer Current
Central Houston Chair Current
The Children's Museum Board of Directors Current
Museum of Houston Board of Directors Current
Goodwill Industries Board of Directors Current
Cameron International Corporation Director Current
El Paso Pipeline Partners, L.P. Board of Directors Current
El Paso Corporation Board of Directors Current
National Petroleum Council Board of Directors Current
Houston Producer's Forum Board of Directors Current
El Paso Tennessee Pipeline Co. President & CEO Former
Halliburton Company Chief Financial Officer Former
Halliburton Company Executive Vice President Former
Southwest Texas State University Bachelor of Business Administration Degree Former

Brent Smolik is president of El Paso Exploration and Production Company. In this capacity, he is responsible for El Paso's E&P operations as well as the company's remaining non regulated businesses, principally marketing and trading. Smolik joined El Paso on November 1, 2006. He was previously president of ConocoPhillips Canada and prior to the Burlington Resources merger with ConocoPhillips, he was president of Burlington Resources Canada beginning in 2004. He joined Burlington Resources in 1990 as a reservoir engineer and subsequently held Engineering and Asset Management positions in the Denver, Offshore Gulf of Mexico, San Juan, and Gulf Coast regions. His experiences across North America include operations, reserve reporting, and Acquisitions & Divestitures. He began his career with ARCO in Houston where he held several drilling and reservoir engineering positions. Smolik received a Bachelor of Science degree in Petroleum Engineering from Texas A&M University in 1983. He is a registered professional engineer in Texas, serves as a member of the American Exploration and Production Council, and serves on the boards of The Center for Hearing and Speech, Palmer Drug Abuse Program, and Independent Petroleum Association of America. He is affiliated with the Society of Petroleum Engineers, the Society of Petroleum Evaluation Engineers, and the Texas Board of Professional Engineers.

Organization Position Status
El Paso Corporation President, Prod & Non-Reg Oper. Current
Palmer Drug Abuse Program Board of Directors Current
Burlington Resources, Inc. President, Engineering Former
Burlington Resources, Inc. Engineer Former
ARCO Former
Texas A&M University Bachelor of Science Degree In Petroleum Engineering Former

Organization Position Status
El Paso Western Pipelines President Current
El Paso Natural Gas Company President Current
El Paso Corporation President and Director Current
Colorado Interstate Gas President Current
Southern Natural Gas Company President Current
El Paso Pipeline Partners, L.P. Senior Vice President Current
Southern Natural Gas Company Chairman of The Board Current
Southern Natural Gas Company Director Current
El Paso Natural Gas Company Director Current
Young Gas Storage Company President, Western Pipelines Former
ANR Pipeline Company President Former
Southern Natural Gas Company Executive Vice President Former
Southern Natural Gas Company Vice President, Marketing and Business Development Former
El Paso Natural Gas Company Chairman of The Board Former
Boston College Law School Degree Former

Organization Position Status
El Paso Corporation CFO & Executive Vice President Current
Coscol Petroleum Corporation CFO & Executive Vice President Current
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Senior Vice President and Chief Financial Officer Current

Organization Position Status
El Paso Corporation Chief Accounting Officer & Senior Vice President Current
ANR Pipeline Company Cfo, Controller & Senior Vice President Current
El Paso Natural Gas Company CFO, Senior Vice President & Controller Current
Tennessee Gas Pipeline Company Cfo, Controller & Senior Vice President Current

Organization Position Status
El Paso Corporation General Counsel & Executive Vice President Current
El Paso Pipeline Partners, L.P. Executive Vice President & General Counsel Current
El Paso Production Company General Counsel Former
El Paso Corporation President Former
Tenneco Energy Vice President Former
Tenneco Energy Associate General Counsel Former
El Paso Corporation General Counsel Former
University of Texas School of Law Bachelor of Arts and Science Degrees In Business Former
University of Texas School of Law Degrees In Business Former

Organization Position Status
El Paso Corporation Senior Vice President, Production Current
Coscol Petroleum Corporation Senior Vice President Former

Organization Position Status
El Paso Corporation Senior Vice President, Tax Current

Organization Position Status
El Paso Pipeline Partners, L.P. Senior Vice President Human Resources & Administration Current
El Paso Corporation Senior Vice President, HR & Facilities Services Current
Tennessee Gas Pipeline Company Former
University of Wisconsin Bachelor of Science Degree In Civil and Environmental Engineering Former

Organization Position Status
El Paso Corporation Vice President, Operations Current
El Paso Production Company Vice President, Operations, Mexico Former

Organization Position Status
El Paso Corporation Vice President, Investor & Public Relations Current
ANR Development Corporation Vice President, Investor Relations Former

Organization Position Status
El Paso Corporation Vice President & Secretary Current

Organization Position Status
El Paso Corporation Vice President and Corporate Secretary Current

Organization Position Status
El Paso Corporation Vice President Current

Organization Position Status
El Paso Corporation Vice President Current

Organization Position Status
El Paso Corporation Vice President Current

Thomas L. Price has been a Director since November, 2005 and Vice President since June, 2002. Mr. Price also serves as Vice President of our affiliate Colorado Interstate Gas Company since February 2002 and as a director since 2005. Prior to that time, Mr. Price worked in various capacities with Colorado Interstate Gas Company since 1980. We are a wholly owned subsidiary of El Paso and rely on El Paso for certain support services. As a result, we do not have a separate audit committee or audit committee financial expert. Also, we have not adopted a separate code of ethics. However, our executives are subject to El Paso s Code of Business Conduct which is available for your review at El Paso s website, www.elpaso.com . Information from El Paso s website is not part of this prospectus.

Organization Position Status
El Paso Corporation Vice President and Director Current

Organization Position Status
El Paso Corporation Executive Director Current
El Paso Corporation Executive Committee Secretary, Treasurer Current

Organization Position Status
El Paso Corporation Director, Shareholder Relations Current
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Director, Production Current

Organization Position Status
El Paso Pipeline Partners, L.P. Senior Vice President Operations Current
Tennessee Gas Pipeline Company Senior Vice President Current
Southern Natural Gas Company Senior Vice President Current
El Paso Natural Gas Company Senior Vice President Current
El Paso Corporation Senior Vice President and Director Current
Tennessee Gas Pipeline Company Board of Directors Current
El Paso Natural Gas Company Board of Directors Current
ANR Storage Company Senior Vice President Former
Tennessee Gas Pipeline Company Vice President of Operations Former
ANR Pipeline Company Director Former
Southern Natural Gas Company Director Former

Organization Position Status
El Paso Corporation Owner, Advertising Director Current
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Director of Policy & Programs Current

Organization Position Status
El Paso Corporation Director of Marketing and Public Relations, Spira Footwear Current
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Director, Project Current
El Paso Corporation Director, Project Former

Organization Position Status
El Paso Corporation Director-EH & S Non-Regulated Current
El Paso Corporation Director-EH & S Non-Regulated Former

Organization Position Status
El Paso Corporation Director, EH & S Pipelines Current
El Paso Corporation Director, EH & S Pipelines Former

Organization Position Status
El Paso Corporation Manager of Membership Development Current
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Manager, Investor Relations Current
El Paso Corporation Consultant, Investor Relations Former

Organization Position Status
El Paso Corporation Bsu Operations Manager Current

Organization Position Status
El Paso Corporation Accounting Manager Current

Organization Position Status
El Paso Corporation Sales Account Manager Current

Organization Position Status
El Paso Corporation Manager of Marketing and Communications Current

Organization Position Status
El Paso Corporation Manager, Media Relations Current

Organization Position Status
El Paso Corporation Manager, Investor Relations Current
El Paso Corporation Consultant, Investor Relations Former

Organization Position Status
El Paso Corporation Custodian Current

Organization Position Status
El Paso Corporation Administrative Assistant Current

Organization Position Status
El Paso Corporation Project Coordinator Current

Organization Position Status
El Paso Corporation Receptionist Current

Organization Position Status
El Paso Corporation Coordinator of Membership and Marketing Current

Organization Position Status
El Paso Corporation Program Coordinator Current

Organization Position Status
El Paso Corporation Receptionist Current

Organization Position Status
El Paso Corporation Administrative Assistant Current

Organization Position Status
El Paso Corporation Accounting Clerk Current

Organization Position Status
El Paso Corporation Score Coordinator Current

Organization Position Status
El Paso Corporation Principal, Investor Relations Current

Organization Position Status
El Paso Corporation Administrative Assistant Current

Organization Position Status
El Paso Corporation Executive Assistant Current

Organization Position Status
El Paso Corporation Spotlight Editor Current

Mr. Hall has been Chief Administrative Officer of the City of Houston since January 2004. Mr. Hall served as the City Attorney for the City of Houston from March 1998 to January 2004. Mr. Hall served as a director of The Coastal Corporation from August 1999 to January 2001. Prior to March 1998, Mr. Hall was a partner in the Houston law firm of Jackson Walker, LLP. Mr. Hall is a director of Houston Endowment Inc. and Chairman of the Boulé Foundation.

Organization Position Status
El Paso Pipeline Partners, L.P. Chief Administrative Officer, City of Houston, Texas Current
El Paso Corporation Chairman Governance & Nominating Committee, Member Health, Safety & Environmental Committee Current
El Paso Pipeline Partners, L.P. Board of Directors Current
El Paso Corporation Board of Directors Current
Coastal Corporation Director Former

Organization Position Status
El Paso Corporation Executive Committee Chairperson Current
El Paso Corporation Board of Directors Current

Organization Position Status
Future Coal Fuels Chairman of the Board of Directors Current
Transocean Ltd Chair Former
Transocean Ltd Director Current
El Paso Corporation Board of Directors Current
GlobalSantaFe Corporation Board of Directors Current
Boyscouts.Com Board of Directors Current
Virginia Coalfield Economic Development Authority Board of Directors Current
The National Coal Council Board of Directors Current
CNX Gas Corporation Director Current
El Paso Pipeline Partners, L.P. Board of Directors Current
Barrick Gold Corporation Board of Directors Current
New Mexico State University Bachelor of Science degree in Mechanical Engineering Former
University of Utah Bachelor's Degree In Mining Engineering Former

Organization Position Status
El Paso Corporation Executive Committee Vice-Chairperson Current
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Board of Directors Current
GrafTech International Ltd. Board of Directors Current
Unocal Corporation B.V. Director Former

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
Transocean Ltd Board of Directors Current
El Paso Corporation Board of Directors Current
The Offshore Drilling Company Board of Directors Current
Transocean Ltd Chairman Former

Organization Position Status
El Paso Corporation Board of Directors Current
Massachusetts Mutual Life Insurance Company Board of Directors Former
Ocean Energy, Inc. Vice Chairman Former

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
Serp Institute Executive Vice President and Treasurer Current
The Washington Advisory Group LLC Principal Current
LECG Corp. Current
Thinklink Learning, Inc. Current
Universities Research Association, Inc. Chairman of the Board of Directors Former
El Paso Corporation Board of Directors Current
The Washington Advisory Group LLC Director Current
Ingram Micro Inc. Board of Directors Current
El Paso Pipeline Partners, L.P. Board of Directors Current
Vanderbilt University Chancellor Emeritus Former
Vanderbilt University Chairman of Board Former
Ingram Industries Inc. Director Former
The University of Texas at Austin degrees in mathematics Former
Texas Christian University degrees in mathematics Former

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Board of Directors Current

"Director since 1997 Age - 52 Member - Audit Committee Member - Finance Committee Mr. Braniff has been Managing Partner of Capital I Ltd. Partners and a Partner in Alpha Patrimonial S.A. de C.V. in Mexico City since August 2005. Mr. Braniff was a business consultant from January 2004 to August 2005. Mr. Braniff served Grupo Financíero BBVA Bancomer as Vice Chairman from October 1999 to January 2004, as Deputy Chief Executive Officer of Retail Banking from September 1994 to October 1999 and as Executive Vice President of Capital Investments, Mortgage Banking and Tourism from December 1991 to September 1994."

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
El Paso Pipeline Partners, L.P. Director, President, Davidson College Current
The Heinz Endowments President Current
El Paso Pipeline Partners, L.P. Board of Directors Current
El Paso Corporation Board of Directors Current
Davidson College President Former
Seagull Energy Corporation President Former
Seagull Energy Corporation Chief Operating Officer Former
Children's Defense Fund Chairman Former
Duke University Master of Divinity Former
Davidson College Bachelor of Arts In Psychology Former

Organization Position Status
El Paso Corporation Board of Directors Current
Kenyon College Board of Directors Current
Conoco, Inc. Chief Financial Officer Former
Conoco, Inc. Senior Vice President, Finance Former
Conoco, Inc. Vice President Former
Conoco, Inc. Controller. Former
Kenyon College Bachelor’S Degree Former
University of Chicago Former

Organization Position Status
El Paso Corporation Board of Directors Current

Mr. Shapiro has been a business consultant since 2006. From October, 2000 to April, 2006, he served as executive vice president and chief financial officer of Burlington Resources Inc. During his five-year tenure at Burlington Resources, Mr. Shapiro served as a member of the board of directors and the office of the chairman. Before that, he served as senior vice president, chief financial officer and director at Vastar Resources, Inc. and spent 16 years in various roles of increasing responsibility with Atlantic Richfield Company (ARCO). Mr. Shapiro is a member of the board of directors of Barrick Gold Corporation. He recently served as chairman of the executive committee of the American Petroleum Institute's general committee on finance and is a trustee of the Houston Museum of Natural Science.

Organization Position Status
Houston Museum of Natural Science Board of Directors Current
El Paso Pipeline Partners, L.P. Board of Directors Current
El Paso Corporation Director Current
Barrick Gold Corporation Board of Directors Current
Vastar Resources Inc. Chief Financial Officer Former
Burlington Resources, Inc. Chief Financial Officer Former
Burlington Resources, Inc. Executive Vice President Former
Vastar Resources Inc. Senior Vice President Former
American Petroleum Institute Chairman Former
Vastar Resources Inc. Director Former
Harvard University master's degree in business administration Former
Union College bachelor's degree in industrial economics Former

Organization Position Status
El Paso Corporation Board of Directors Current
El Paso Corporation President, Suzanne Michaels Communications Former

Organization Position Status
El Paso Corporation Board of Directors Current
El Paso Corporation President, Encore Marketing Former

"Director since 2004 Age - 61 Chariman - Audit Committee Member - Finance Committee Mr. Hix has been a business consultant since January 2003. He served as Senior Vice President of Finance and Chief Financial Officer of Cooper Cameron Corporation from January 1995 to January 2003. From September 1993 to April 1995, Mr. Hix served as Senior Vice President of Finance, Treasurer and Chief Financial Officer of The Western Company of North America. Mr. Hix is a member of the board of directors of The Offshore Drilling Company (TODCO) and Health Care Service Corporation. "

Organization Position Status
El Paso Corporation Board of Directors Current

Organization Position Status
Nalco Co. Chief Executive Officer Current
Beginner Real Estate Investing Inc. Board of Directors Current
El Paso Corporation Board of Directors Current
Caremark Client Portal Board of Directors Current
Longs Drug Stores Corporation Board of Directors Current
Momentive Performance Materials Inc. Board of Directors Current
El Paso Pipeline Partners, L.P. Board of Directors Current
CVS Caremark Corporation Board of Directors Current
Union Carbide Corporation Chief Executive Officer Former
Nalco Holding Company Chairman & CEO Former
Hercules Incorporated Chief Executive Officer Former
The Dow Chemical Company chief executive officer Former
Hercules Incorporated Chairman Former
Nalco Co. Chairman of the Board Former
The Dow Chemical Company Vice Chairman of the Board Former
CVS Caremark Corporation Director Former

Executive News

  • El Paso Corporation's CEO to Present at Barclays Capital CEO Energy/Power Conference

    Marketwire via Yahoo! - 9/08/09 - View Story

  • Hedges Pay Off for Gas Producers

    The Wall Street Journal Interactive Edition - 8/12/09 - View Story

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     EP $9.79 +0.21 (2.19% )
Average Volume 8,954,000
Shares Outstanding 701.27M
Market Cap 6.9B
Year High 11.37
Year Low 5.22
Earnings Per Share -3.58
P/E Ratio -2.73
Dividend 0.20
Yield 2.04
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