BNET Industries
Last Fiscal Year Sales:$74.2M
- Private
- US
Dow Jones Description
Merrill Lynch Petrie Divestiture Advisors (MLPD) is a leader in asset divestitures and private company sales in the oil and gas industry. Formed through the acquisition of Petrie Parkman & Co. by Merrill Lynch at year-end 2006, MLPD is led by the former asset divestiture banking team from Petrie Parkman, whose transaction record advising public and private energy companies on strategic sales initiatives for nearly two decades is unmatched in the industry.
Director, Chairman, Chief Executive Officer and President
Thomas PetrieNumber of Employees 53
Contact Information
475 17th St Ste 1100
Denver, Colorado 80202-4021
(303) 292-3877
Peer Companies
NAICS Code Investment Banking and Securities Dealing: 523110
News & Analysis
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merrill lynch petrie - All News and Analysis
K.P. Kauffman Company Announces Intention to Explore a Sale of the Company - Retains Merrill Lynch Petrie Divestiture Advisors
DENVER -- K.P. Kauffman Company, Inc. ("KPK" or the "Company") has announced its intention to seek strategic alternatives related to a sale of the Company and associated oilfield service subsidiaries. Merrill Lynch Petrie Divestiture Advisors ("Merrill Lynch") has been retained as the exclusive financial advisor in connection with a possible...
Merrill Lynch Petrie expects M&A pace to take short breather
The fast pace of M&A transactions seen in 2006 may not be sustainable this year, absent the many large deals announced as Anadarko Petroleum Corp. restructures, according to Randy King, managing director of Merrill Lynch Petrie Divestiture Advisors. He spoke recently to Houston Energy Finance Group members.The capital markets recognize...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jim Parkman | President and Director |
| David J. Kornder | Chief Financial Officer Designee |
| Brian Racanelli | |
| Edwin C Hines | Principal Financial Officer and Principal Accounting Officer |
| George Morris | |
| Jon Hughes | Head of Investment Banking |
| Karen Acierno Chris Brown Larry Busnardo | |
| Merrill Lynch Petrie | Leader |
| Petrie Parkman | |
| Randall E King | Head of Investment Banking |
| Tom Hensley | |
| Peter J Gough | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Thomas Petrie | Director, Chairman, Chief Executive Officer and President |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Director, Chairman, Chief Executive Officer and President | Current |
| Gettysburg Tours, Inc. | Current | |
| Colorado Conservation Trust | Board of Directors | Current |
| Merrill Lynch Petrie | Board of Directors | Current |
| Denver Art Museum | Board of Directors | Current |
| Denver Art Museum | Trustee | Current |
| The First Boston Corporation | Managing Director | Former |
| FINRA | Director of the District No | Former |
| The First Boston Corporation | Senior Oil Analyst | Former |
| Boston University | Masters in Business Administration | Former |
| United States Military Academy | Bachelor of Science degree | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | President and Director | Current |
| The First Boston Corporation | Managing Director | Former |
| Merrill Lynch Petrie | co-founder | Former |
| Merrill Lynch Petrie | Owner | Former |
| FINRA | Director of the District No | Former |
| Texas Tech University | Master of Arts Degree | Former |
| Mississippi College | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Chief Financial Officer Designee | Current |
| BioFuel Energy Corp. | Executive Vice President & CFO | Current |
| Merrill Lynch Petrie | Senior Vice President | Current |
| Bear Cub Investments LLC | Director | Current |
| Montana State University | Bachelor of Arts Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Current | |
| NYSE Group, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Principal Financial Officer and Principal Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Current | |
| The First Boston Corporation | Former | |
| Merrill Lynch & Co., Inc. | Former | |
| Southern Methodist University | Doctorate in Jurisprudence | Former |
| The University of Texas | BBA | Former |
Jon C. Hughes is Head of Investment Banking at Petrie Parkman. Prior to assuming this role, he was head of the firm's mergers and acquisitions business. Mr. Hughes joined Petrie Parkman at its founding in 1989 and since then has been extensively involved in dozens of energy industry mergers and acquisitions as well as numerous divestiture, fairness opinion, and strategic advisory assignments.
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Head of Investment Banking | Current |
| Wiquest | Director | Current |
| Merrill Lynch Petrie | Board of Directors | Current |
| The First Boston Corporation | associate in the Mergers | Former |
| Helmerich & Payne, Inc. | Former | |
| Petrohawk Energy Corporation | Former | |
| Cimarex Energy Co. | Former | |
| Noble Energy, Inc. | Former | |
| Getty Oil Company | Former | |
| The University of Texas at Austin | Master of Science Degrees In Electrical Engineering | Former |
| The University of Texas at Austin | Bachelor of Science Degree | Former |
| The First Boston Corporation | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Current |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Leader | Current |
| Merrill Lynch Petrie | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Current |
Randall E. King is head of Investment Banking at Petrie Parkman. Mr. King joined Petrie Parkman at its founding in 1989 and has been extensively involved in closing over $65 billion of transactions at the Firm. His experience includes advising clients on over 130 divestitures with Petrie Parkman, as well as numerous acquisition, merger, fairness opinion, and restructuring assignments for public and private companies of all sizes. He has a long history of working with the public and private upstream independent sector in providing liquidity options and strategic transaction services.
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Head of Investment Banking | Current |
| Society of Petroleum Evaluation Engineers | Board of Directors | Current |
| Merrill Lynch Petrie | Board of Directors | Current |
| Society of Petroleum Evaluation Engineers | Member | Current |
| Netherland, Sewell & Associates, Inc. | Vice President | Former |
| The University of Alabama | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Current | |
| PaineWebber, Inc. | Managing Director | Former |
| FINRA | Member | Former |
| Dean Witter | Former | |
| Ernst & Whinney | Former | |
| Securities Investor Protection Corporation | Former | |
| Southern Methodist University | Bachelor of Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Merrill Lynch Petrie | Director | Current |
| The First Boston Corporation | Vice President | Former |
| The First Boston Corporation | Manager | Former |
| The First Boston Corporation | Analyst | Former |
| Mobil Oil Corporation | Former | |
| University of Birmingham | Bachelor of Science Degree | Former |
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