BNET Industries

Pyramid Oil Co.

(PDO) is in the Energy Industry

Market Cap:$26.6M
Last Fiscal Year Sales:$6.6M
  • Public
  • US
Dow Jones Description

Pyramid Oil Company is a California corporation that has been in the oil and gas business continuously, since it was incorporated on October 9, 1909. Pyramid Oil Company, hereinafter referred to as "Pyramid" or the "Company," is engaged in the business of exploration, development and production of crude oil and natural gas. Pyramid acquires interests in land and producing properties through acquisition and lease on which it drills and/or operates crude oil or natural gas wells in efforts to discover and/or to produce oil and gas. Crude oil and natural gas produced from these properties are sold to various refineries and pipeline companies. The majority of all oil and gas properties that Pyramid owns and operates is for its own account. Pyramid also participates in specific joint ventures with other companies in the development of oil and gas properties. Pyramid's interests in these properties will vary depending on the availability of said interests and their locations. Although the Company owns some minor oil and gas interests in New York and Wyoming, all of the Company's operations and major revenue producing properties are in California.

Director, President, Chief Executive OfficerJohn H Alexander
Number of Employees 13
Contact Information

2008 21st St

Bakersfield, California 93302

pyramidoil.com

(661) 325-1000

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • Pyramid Oil PDO Swings to Q1 Loss

    5/14/09 - Financial Announcement - View Story

  • Pyramid Oil Company Reports 47% Increase in Oil & Gas Revenue for

    4/01/09 - Financial Announcement - View Story

News & Analysis

pyramid oil co. - All News and Analysis

Additional Resources

  • Pyramid Oil Company Reports First Quarter Financial Results

    - 2009-05-14

    Pyramid Oil Company (NYSE Amex: PDO) todayannounced financial results for its first fiscal quarter ended March 31,2009. Revenue was $594,000 versus $1,590,000 in last year's first quarter. Thedecrease was largely due to lower average crude oil prices, which declinedduring the first quarter by 51%, or $52.76 per equivalent...

  • Pyramid Oil Company Reports 47% Increase in Oil & Gas Revenue for Fiscal 2008

    - 2009-04-01

    Pyramid Oil Company (AMEX: PDO) todayannounced financial results for its full year and fourth quarter endedDecember 31, 2008. Full-year oil and gas revenue increased 47% to $6.6 million versus $4.5million in 2007. The increase was largely the result of higher average oiland gas prices, which increased by $26.16 per equivalent...

  • Pyramid Oil Company Reports Continued Financial Growth During Third Fiscal Quarter and Nine-Month Periods

    - 2008-11-17

    Pyramid Oil Company (AMEX: PDO) todayannounced financial results for its third quarter and nine-month periodended Sept. 30, 2008. Revenue from oil and gas sales increased 71% to $2.0 million versus $1.2million in the third quarter a year ago. Total third quarter revenueincreased 24% to $2.0 million from $1.6 million...

Decision Makers

Name (plus bio) Position
John H Alexander Director, President, Chief Executive Officer
Lee G Christianson Chief Financial Officer

Board of Directors

Name (plus bio) Position
Michael D Herman Director, Chairman of the Board
Gary L Ronning Board of Directors
John E Turco Board of Directors
Thomas W Ladd Board of Directors
Organization Position Status
Pyramid Oil Co Director, President, Chief Executive Officer Current
Organization Position Status
Pyramid Oil Co Chief Financial Officer Current
Pyramid Oil Co Secretary & Principal Accounting, Finance Officer Former
Organization Position Status
Pyramid Oil Co Director, Chairman of the Board Current
Key Food Ingredients Owner Former
Telematrix, Inc. Owner Former
Telematrix, Inc. Chairman Former
Key Food Ingredients Chairman Former

Mr. Ronning had been Executive Vice President, Western Region of Prime Natural Resources, LLC, since 1999. Mr. Ronning has previously been with Ferguson Energy, an independent oil and gas exploration company, since 1967. Mr. Ronning has had several positions with Ferguson Energy.

Organization Position Status
Pyramid Oil Co Board of Directors Current
Prime Natural Resources Inc. Executive Vice President, Western Region Former
Organization Position Status
Pyramid Oil Co Board of Directors Current
Menlo College B.S. In Business Administration Former
Organization Position Status
Pyramid Oil Co Board of Directors Current

Executive News

  • Pyramid Oil Company: Pyramid Oil Company Reports First Quarter Financial Results

    Market Wire - 5/14/09 - View Story

  • Pyramid Oil Company Reports First Quarter Financial Results

    Market Wire - 5/14/09 - View Story

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     PDO $25.04 +19.04 (317.33% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 141,012
Shares Outstanding 4.68M
Market Cap 117.1M
Year High 29.98
Year Low 2.7
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

Energy Industry Companies

Company Employer Rating
Chevron 3.8
IndustryTop Rated

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