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Petroleum Development Corp. (PETD) is in the Energy Industry

Revenue
Dec 31 2007
$305.2M
Profit
Dec 31 2007
$33.2M
Market Cap
Sep 05 2008
$885.2M

Latest News and Analysis

Additional Resources

  • page 1 of 1
  • Incorporated: 1955
  • CEO: Mr. Richard W. McCullough

Petroleum Development is an energy company engaged in the exploration, development, production and marketing of natural gas and oil. All of Co.'s oil and gas wells are located in West Virginia, Tennessee, Pennsylvania, Michigan, North Dakota, Colorado, Kansas, Texas and Wyoming. Co. has four business segments: oil and gas well drilling operations, natural gas marketing, oil and gas sales and well operations and pipeline income. At Dec 31 2007, Co. owned interests in approximately 4,354 gross wells located in the Rocky Mountain Region and the Appalachian and Michigan Basins with 686.00 billion cubic feet equivalent of net proved reserves, of which 86.6% was natural gas and 13.4% was oil.

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Petroleum Development Corp. Company Info

Board of Directors

Mr. Steven R. Williams

Chairman

Mr. Richard W. McCullough

Vice-Chairman

Mr. David C. Parke

Mr. Jeffrey C. Swoveland

Mr. Joseph E. Casabona

Mr. Larry F. Mazza

Ms. Kimberly Luff Wakim

Mr. Vincent F. D'Annunzio

Mr. Anthony J. Crisafio

Contact Information

Post Office Box 26

120 Genesis Boulevard

Bridgeport, WV

http://www.petd.com

304 842-6256

NAICS Code

Drilling Oil and Gas Wells: 213111
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