BNET Industries

Market Cap:$2.0B
Last Fiscal Year Sales:$1.3B
  • Public
  • US
Dow Jones Description

St. Mary Land & Exploration Company is engaged in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in five core areas in the United States. St. Mary was founded in 1908, incorporated in 1915, and became a public company through an initial public offering of common stock in 1992. The stock trades on the New York Stock Exchange under the symbol SM. We are headquartered in Denver, Colorado. Our primary objective is to invest in oil and gas producing assets that provide a superior return on equity while preserving underlying capital, resulting in a return on equity to stockholders that reflects capital appreciation as well as the payment of cash dividends. The Mid-Continent, Rocky Mountain, ArkLaTex, Permian Basin, and Gulf Coast regions are operated out of our offices in Tulsa, Oklahoma; Billings, Montana; Shreveport, Louisiana; Midland, Texas; and Houston, Texas. At year-end 2007, the Company's proved reserves totaled 1,086.5 billion cubic feet of gas equivalent with a reserve to production ratio of 10.1 years.

Chief Executive Officer, President, and Director
Anthony J. Best
Number of Employees 560
Contact Information

1776 Lincoln St Ste 700

Denver, Colorado 80203-1028

stmaryland.com

(303) 861-8140

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • St. Mary Land & Exploration Company board announces dividend of USD0.05 per share

    10/19/09 - Stock Split / Dividend - View Story

News & Analysis

st. mary land & exploration co. - All News and Analysis

Decision Makers

Name (plus bio) Position
Anthony J. Best Chief Executive Officer, President, and Director
James Best Anthony CEO & President
David W. Honeyfield Senior Vice President, Cfo & Secretary
Douglas W. York COO & Executive Vice President
Javan D. Ottoson Coo
Jay Ottoson Executive Vice President and Chief Operating Officer
Wade Pursell Executive Vice President and Chief, Financial Officer
Kevin E. Willson Senior Vice President, Mid, Continent Drilling & Production
Milam Randolph Senior Vice President and General Counsel
Milam Randolph Pharo Senior Vice President, General Counsel
Robert L. Nance Senior Vice President
David J. Whitcomb Assistant Vice President
Dennis A Zubieta Vice President, Engineering and Evaluation
Garry A. Wilkening Vice President, Administration
Gregory T Leyendecker Vice President, Regional Manager
Jerold M. Hertzler Vice President, Business Development
John Monark Vice President, Human Resources
Julian C. Pope Vice President
Kenneth Knott Vice President, Business Development and Land
Lehman E Newton III Vice President, Regional Manager
Linda A. Ditsworth Assistant Vice President, Land
Mark T. Solomon Assistant Vice President, Finance Reporting
Michael F. Roach Assistant Vice President
Randolph Pharo Milam Vice President, Land & Legal & Ass. Secretary.
Robert T. Hanley Vice President, Investor Relations & Management Reporting
W. David Hart Vice President, Geology Arklatex
William David Hart Vice President
Mark D Mueller Senior Vice President, Regional Manager
Paul M. Veatch Senior Vice President, Regional Manager
Stephen C Pugh Senior Vice President, Regional Manager
James C. Robertson Assistant Secretary
Matthew J Purchase Treasurer
Thomas E. Congdon Director
William D. Sullivan Director

Board of Directors

Name (plus bio) Position
Mark A. Hellerstein Chairman of the Board and Chief Executive Officer of St. Mary
William J. Gardiner Chairman
Barbara M. Baumann Board of Directors
C. Mark Brannum Board of Directors
John M. Seidl Board of Directors
Julio M. Quintana Board of Directors
Larry W. Bickle Board of Directors
Ronald D. Boone Board of Directors

Tony Best, 57, joined St. Mary Land & Exploration Company in June 2006 as President and Chief Operating Officer and on February 23, 2007 Mr. Best was appointed President and Chief Executive Officer. Mr. Best has been in the oil industry/energy business for over 28 years. Prior to joining St. Mary, Mr. Best served as President and Chief Executive Officer of Pure Resources, Inc., a Unocal subsidiary, from February 2003 through September 2005, when he elected retirement as a result of Chevron's acquisition of Unocal. At Pure Resources his responsibilities included management of all exploration and production operations and full P&L accountability for Unocal's Lower 48 U.S. Onshore assets, with key business focus in the Permian and San Juan Basins' and the Southeast United States. Mr. Best began his oil and gas career in 1979 when he accepted an engineering assignment in Alaska with ARCO. During his time with ARCO, he progressed through numerous managerial positions, advancing to Prudhoe Bay Field Manager, Vice President of External Affairs for ARCO Alaska, President of ARCO Permian in Midland, Texas, and President of ARCO Latin America headquartered in Caracas, Venezuela. In April 2000, BP acquired ARCO, and he began his own consulting practice offering leadership and oil and gas consultation to energy companies and volunteer organizations. Mr. Best has served on numerous industry and non-profit boards, including the Permian Basin Petroleum Museum, Texas Oil and Gas Association, IPAA and the United Way. He is also on the Board of the Private Enterprise Research Center (PERC) as well as the Advisory Council for Mechanical Engineering at Texas A&M. He was elected President of the 10,000 member Texas Aggie Corps of Cadets Association in 2006, and also serves on the Board of the 12th Man Foundation. Mr. Best earned a Master's of Science in Engineering Management from the University of Alaska and a Bachelor's of Science in Mechanical Engineering from Texas A&M University in 1972. Following graduation, he served five years in the U.S. Air Force as an Engineering Officer.

Organization Position Status
St. Mary Land & Exploration Company Chief Executive Officer, President, and Director Current
St. Mary Land & Exploration Company Chief Operating Officer Current
M.A.N. Foundation, Inc Board of Directors Current
St. Mary Land & Exploration Company Board of Directors Current
The 12th Man Foundation Director Current
Pure Resources, Inc. CEO Former
Pure Resources, Inc. President Former
University of Alaska Master's of Science In Engineering Management Former
ARCO Former
University of Alaska Master's of Science In Engineering Management Former
Texas A&M University Bachelor's of Science In Mechanical Engineering Former
United States Air Force Engineering Officer Former
Ipaa Member Former

Organization Position Status
St. Mary Land & Exploration Company CEO & President Current
St. Mary Land & Exploration Company Board of Directors Current

Mark A. Hellerstein is Chairman of the Board and Chief Executive Officer of St. Mary. He has served St. Mary as President since 1992, Chief Executive Officer since 1995, and was appointed Chairman of the Board in September 2002. Mr. Hellerstein has served as a St. Mary director since 1992.

Organization Position Status
St. Mary Land & Exploration Company Chairman of the Board and Chief Executive Officer of St. Mary Current
St. Mary Land & Exploration Company Chairman and Director Current
St. Mary Land & Exploration Company Director Current
Transocean Ltd Board of Directors Former

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President, Cfo & Secretary Current

Organization Position Status
St. Mary Land & Exploration Company COO & Executive Vice President Current

Organization Position Status
St. Mary Land & Exploration Company Coo Current
St. Mary Land & Exploration Company Executive Vice President Current
Energy Partners, Ltd. Svpâ??Drilling and Engineering Former
Pure Resources, Inc. Managed the Permian Assets Former

Organization Position Status
St. Mary Land & Exploration Company Executive Vice President and Chief Operating Officer Current

Mr. Pursell has over 20 years of experience in financial and accounting positions. He most recently was employed at Helix Energy Solutions in Houston, Texas, where he served as Chief Financial Officer from 2000 through July 4, 2008 and as Vice President – Finance and Treasurer from 1997 through 2000. Prior to that, Mr. Pursell spent nine years in positions of increasing responsibility in the Audit Practice of Arthur Andersen specializing in energy-related clients. He received his undergraduate degree from the University of Central Arkansas. He and his family will be relocating from Houston to Denver and he is expected to join the Company on September 8, 2008.

Organization Position Status
St. Mary Land & Exploration Company Executive Vice President and Chief, Financial Officer Current

Kevin E. Willson was appointed Senior Vice President and Regional Manager in November 2003. Mr. Willson served as Vice President - Mid-Continent Exploration/Production from October 1998 to November 2003.

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President, Mid, Continent Drilling & Production Current

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President and General Counsel Current

Milam Randolph Pharo has been appointed General Counsel and Senior Vice President. He previously held the positions of Vice President – Land and Legal and Assistant Secretary at the Company. He has been an employee of St. Mary since 1996 and served as outside legal counsel for the Company prior to becoming an employee. Mr. Pharo guides and directs the efforts of both in-house and outside counsel providing legal support and services for St. Mary.

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President, General Counsel Current
St. Mary Land & Exploration Company Vice President, Land and Legal Former
St. Mary Land & Exploration Company Assistant Secretary Former

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President Current

David J. Whitcomb has been appointed as Vice President – Marketing. Mr. Whitcomb joined St. Mary in 1994 and previously served as Assistant Vice President – Director of Marketing for St. Mary. He will be responsible for the Company’s marketing efforts for produced oil, natural gas, and natural gas liquids.

Organization Position Status
St. Mary Land & Exploration Company Assistant Vice President Current
St. Mary Land & Exploration Company Director Ofmarkering Former

Dennis Zubieta has been appointed to the position of Vice President – Engineering and Evaluation. Mr. Zubieta has been an employee of St. Mary since 2000 and most recently served as Manager – Reservoir Engineering for the Company. He will oversee and manage the reservoir engineering function for St. Mary as well as provide evaluation support for potential acquisitions and new ventures.

Organization Position Status
St. Mary Land & Exploration Company Vice President, Engineering and Evaluation Current
St. Mary Land & Exploration Company Board of Directors Current

Organization Position Status
St. Mary Land & Exploration Company Vice President, Administration Current
St. Mary Land & Exploration Company Controller Former

Organization Position Status
St. Mary Land & Exploration Company Vice President, Regional Manager Current

Organization Position Status
St. Mary Land & Exploration Company Vice President, Business Development Current

John Monark has recently been appointed to the position of Vice President – Human Resources. In addition, he will have responsibility for corporate administration, media and community relations, and office leasing functions. Mr. Monark joined St. Mary in May 2008. He has over 20 years of human resources experience, including positions with Johns Manville, CH2M HILL and, most recently, Shea Homes.

Organization Position Status
St. Mary Land & Exploration Company Vice President, Human Resources Current
St. Mary Land & Exploration Company Board of Directors Current

Organization Position Status
St. Mary Land & Exploration Company Vice President Current

Kenneth Knott has been appointed to the position of Vice President – Business Development and Land. He has also been appointed as Assistant Secretary. Mr. Knott has been an employee of St. Mary since 2000 and most recently held the position of Land Manager for the Gulf Coast region. He will be responsible for St. Mary’s land administration and business development activities. Mr. Knott will be based in the Company’s Houston office.

Organization Position Status
St. Mary Land & Exploration Company Vice President, Business Development and Land Current
St. Mary Land & Exploration Company Board of Directors Current

Organization Position Status
St. Mary Land & Exploration Company Vice President, Regional Manager Current

Organization Position Status
St. Mary Land & Exploration Company Assistant Vice President, Land Current
St. Mary Land & Exploration Company Assistant Secretary Former

Organization Position Status
St. Mary Land & Exploration Company Assistant Vice President, Finance Reporting Current
St. Mary Land & Exploration Company Controller Current

Organization Position Status
St. Mary Land & Exploration Company Assistant Vice President Current
St. Mary Land & Exploration Company Directorof Taxation Current

Organization Position Status
St. Mary Land & Exploration Company Vice President, Land & Legal & Ass. Secretary. Current

Organization Position Status
St. Mary Land & Exploration Company Vice President, Investor Relations & Management Reporting Current

Organization Position Status
St. Mary Land & Exploration Company Vice President, Geology Arklatex Current

Organization Position Status
St. Mary Land & Exploration Company Vice President Current
St. Mary Land & Exploration Company General Manager, Arklatex Former
St. Mary Land & Exploration Company Exploration Manager, Geologist, Shreveport Former

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President, Regional Manager Current

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President, Regional Manager Current
Ark-La-Tex Vice President Former
St. Mary Land & Exploration Company Seniorvp Former
Ark-La-Tex General Manager Former
St. Mary Land & Exploration Company Regional A& D Engineer Former

Organization Position Status
St. Mary Land & Exploration Company Senior Vice President, Regional Manager Current

Organization Position Status
St. Mary Land & Exploration Company Assistant Secretary Current

William J. Gardiner is Vice President and Chief Financial Officer of King Ranch, Inc., a privately held ranching and agricultural company that owns the historic 825,000 acre “King Ranch” in South Texas. He has held that position since 1996. Before joining King Ranch in 1996, Mr. Gardiner served as Executive Vice President and Chief Financial Officer of CRSS, Inc., an independent power producer. He was employed by CRSS for approximately 20 years. Mr. Gardiner was initially appointed as a director of St. Mary in connection with St. Mary’s acquisition of King Ranch Energy, Inc. in 1999.

Organization Position Status
St. Mary Land & Exploration Company Chairman Current
St. Mary Land & Exploration Company Board of Directors Current
Crss Cfo Former
King Ranch, Inc. Cfo Former
Crss Executive Vice President Former
King Ranch, Inc. Vice President Former

Barbara M. Baumann is President of Cross Creek Energy Corporation, which provides consulting services for oil and gas exploration and production companies. Ms. Baumann has held that position since July 2003. From 2001 to July 2003, Ms. Baumann was Executive Vice President of Associated Energy Managers LLC, an investment manager and general partner of a private equity energy fund specializing in oil and gas investments for institutional investors. From 1983 to 2001, Ms. Baumann was employed by BP Amoco and held a variety of financial and operational management positions, including Chief Financial Officer of an environmental remediation subsidiary, Vice President of the San Juan Business Unit, and the Commercial Operations Manager of the Western Business Unit. Ms. Baumann is also a director of UniSource Energy Corporation, the parent company for Tucson Electric Power Company (NYSE: UNS).

Organization Position Status
Cross Creek Energy LLC President Current
UniSource Energy Corporation Director Current
St. Mary Land & Exploration Company Board of Directors Current
Tep Director Former

Organization Position Status
St. Mary Land & Exploration Company Board of Directors Current

Organization Position Status
Houston Grand Opera President Current
Haddington Ventures, LLC Advisor Current
Envirofuels LLC Chairman of the Board Current
St. Mary Land & Exploration Company Board of Directors Current
Iti Energy Board of Directors Current
Trcp Board of Directors Current
Haddington Ventures, LLC Board of Directors Current
Menlo Circus Club Board of Directors Current
Menlo Circus Club Member Current
CellNet Data Systems, Inc. CEO Former
CellNet Data Systems, Inc. President Former
Gordon and Betty Moore Foundation Chief Program Officer, Environment Former
United States Military Academy Assistant Professor Former
Houston Grand Opera Chairman of the Board Former
MAXXAM Property Company Chairman of the Board Former
CellNet Data Systems, Inc. Chairman Former
Iomega Corporation Director Former

Julio M. Quintana is President and CEO of Tesco Corporation. Mr. Quintana holds a degree in Mechanical Engineering from the University of Southern California; with over 26 years of experience in the industry. Before moving to Tesco he was Vice President of Exploitation, Marketing and Vice president and General Manager of the Integrated Project Management division for Schlumberger. Prior to his time at Schlumberger, Mr. Quintana spent 19 years with Unocal Corporation in production, drilling and various management roles.

Organization Position Status
St. Mary Land & Exploration Company Board of Directors Current
Schlumberger Limited Vice President Former
Schlumberger Limited General Managerof the Integrated Project Management Division Former
Unocal Corporation B.V. NA Former
University of Southern California Degree In Mechanical Engineering Former

Organization Position Status
Tucson Electric Power Company Director of St. Mary Land & Exploration Current
Haddington Ventures, LLC Executive In Residence Current
Rigid Building Systems Ltd. Director Current
St. Mary Land & Exploration Company Board of Directors Current
Tpc CEO Former
Gourmet Products, Inc. President Former
Haddington Ventures, LLC Managing Director Former
UniSource Energy Corporation Environmental, Safety & Security Committee Chairman Former
UniSource Energy Corporation Board of Directors Current
UES, Inc. Director Former
The University of New Mexico Ph.D. in Mechanical Engineering Former
The University of New Mexico member Former

Organization Position Status
St. Mary Land & Exploration Company Treasurer Current

Organization Position Status
St. Mary Land & Exploration Company Board of Directors Current

Organization Position Status
St. Mary Land & Exploration Company Director Current
St. Mary Land & Exploration Company Chairman Former

William D. Sullivan has been retired since August 2003 with the exception of a brief amount of time, from June 15, 2005, to August 5, 2005, when Mr. Sullivan served as President and Chief Executive Officer of Leor Energy LP, a privately held exploration and production company. Since February 2007, Mr. Sullivan has been serving as a director of Targa Resources GP LLC, which is the general partner of Targa Resources Partners LP, a natural gas limited partnership that was listed on NASDAQ in February 2007. Additionally, since March 2006, Mr. Sullivan has been serving as a director of Legacy Reserves GP, LLC, which is the general partner of Legacy Reserves LP, an oil and natural gas limited partnership that was listed on NASDAQ in January 2007. Mr. Sullivan has served as a director of Tetra Technologies, Inc. since August 2007. Mr. Sullivan worked for Anadarko Petroleum Corporation, an independent oil and natural gas exploration and production company, from 1981 to August 2003. From August 2001 to August 2003, Mr. Sullivan was Executive Vice President, Exploration and Production at Anadarko. Mr. Sullivan also served Anadarko as VP, Operations International, Gulf of Mexico and Alaska in 2001, VP International Operations from 1998 to 2000, and VP Algeria from 1995 to 1998.

Organization Position Status
Targa Resources Partners LP General Partner Current
Legacy Reserves LP General Partner Current
St. Mary Land & Exploration Company Director Current
Legacy Reserves LP Board of Directors Current
Maritech Resources, Inc. Director Current
Matchwell Engineered Solutions Director Current
Tetra Technologies Inc. Director Current
Tetra Process Services Director Current
Targa Resources GP LLC Director Current
Leor Energy L.P. Chief Executive Officer Former
Leor Energy L.P. President Former
Anadarko Petroleum Corporation Executive Vice President, Exploration and Production Former
Targa Resources Partners LP Board of Directors Former
Gryphon Exploration Director Former
Texas A&M University Bachelor of Science In Mechanical Engineering Former
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     SM $33.12 +1.06 (3.31% )
Average Volume 818,489
Shares Outstanding 62.54M
Market Cap 2.1B
Year High 38.05
Year Low 11.21
Earnings Per Share -3.60
P/E Ratio -9.20
Dividend 0.10
Yield 0.30
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