BNET Industries

Market Cap:$6.1M
Last Fiscal Year Sales:$446.0M
  • Public
  • US
Dow Jones Description

Propane Distr & Fuel Whslr

Chief Executive Officer
Thomas E. Kelly
Number of Employees 254
Contact Information

405 N Marienfeld St Ste 300

PO Box 1920

Midland, Texas 79701-4325

www.ufeonline.c...

1 432 571 8000

NAICS Code Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals): 424720

News & Analysis

united fuel & energy corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Thomas E. Kelly Chief Executive Officer
Bobby W. Page CFO & Vice President
Sidney Keith COO & Vice President
Blake Foy Vice President, Sales, Marketing
Dexter B. Woodworth Vice President Information Services
Lawrence L Merworth Vice President Operations
Michael Blake Foy Vice President Sales and Marketing
Mike Villa Director
Peggy Cain Director, Customer Service
Dalton Arnold Regl Manager
Dennis Venters Safety Manager
Jackie Allen Regl Manager
Jimmy Arnold Regl Manager
Scott Sulser Regl Manager
Trini Hernandez Manager
Michael B. Chadwick Senior Member
Gene Dewhurst Director

Board of Directors

Name (plus bio) Position
Charles McArthur Board of Directors
Jesse B. Tutor Board of Directors
Scott Heller Board of Directors

Thomas E. Kelly has been involved in the oil and gas industry for over 20 years as an investor, principal and company officer. He is a co-founder of United Fuel & Energy Texas and served as Chief Executive Officer from 1998 through 2004. Apart from his involvement with United Fuel & Energy, Mr. Kelly has focused his energies on the organizing and developing start-up companies in the oil and gas industry. Mr. Kelly graduated from Baylor University in 1977.

Organization Position Status
United Fuel & Energy Corporation Chief Executive Officer Current
United Fuel & Energy Corporation Chairman of the Board Current
United Fuel & Energy Corporation Co-Founder Former
United Fuel & Energy Corporation Officer Former
United Fuel & Energy Corporation Board of Directors Former
Baylor University Former

Organization Position Status
United Fuel & Energy Corporation CFO & Vice President Current

Organization Position Status
United Fuel & Energy Corporation COO & Vice President Current

Organization Position Status
United Fuel & Energy Corporation Vice President, Sales, Marketing Current

Dexter B. Woodworth was appointed Vice President Information Services effective September 12, 2006. Mr. Woodworth has worked as an independent consultant since 1984, focusing on competitiveness in manufacturing through the skillful application of modern methods and technologies. He has 35 years of experience in manufacturing, engineering, quality, customer service and information systems. In addition to his consulting practice he has held senior management positions in two high technology companies. Mr. Woodworth holds a BS in Business from General Motors Institute where he graduated with distinction. He also has an MS in Systems Management from the University of Southern California.

Organization Position Status
United Fuel & Energy Corporation Vice President Information Services Current
United Fuel & Energy Corporation Independent Consultant Former
University of Southern California Ms In Systems Management Former

Lawrence L. Merworth was appointed Vice President - Operations effective April 25, 2006. Mr. Merworth was employed with Compressor Systems, Inc. from 2002 to 2005, ultimately serving as the Permian Basin Business Unit Manager. From 1997 to 2002, Mr. Merworth served as a Director in the Health, Safety and Environmental department and had a key role in business development with Woods Group ESP, Inc. Mr. Merworth graduated from Sul Ross State University in 1995 with a BS in Natural Resource Management.

Organization Position Status
United Fuel & Energy Corporation Vice President Operations Current
Safety & Environmental Director Former

Michael Blake Foy was appointed Vice President - Sales and Marketing effective April 25, 2006. Mr. Foy was with Texaco Inc. from 1991 to 2000, ultimately serving as Permian Basin Equipment and Lubrication Reliability Engineer for Texaco Gas Processing Plants. From 2000 to 2004, Mr. Foy served as Territory Sales Manager for the Rocky Mountain Division with national account and lubrication technical training responsibilities for Equilon Lubricants Company, a joint venture company between Texaco Inc. and Shell Oil Co. Mr. Foy joined Eddins-Walcher Company in 2004, ultimately serving as Vice President - Sales & Marketing. Mr. Foy graduated from the University of Texas, Permian Basin in 1988 with a BBA in Marketing.

Organization Position Status
United Fuel & Energy Corporation Vice President Sales and Marketing Current
Shell Oil Company Former
Texaco Former
The University of Texas Bba Former

Organization Position Status
United Fuel & Energy Corporation Director Current

Organization Position Status
United Fuel & Energy Corporation Director, Customer Service Current
United Fuel & Energy Corporation Director, Customer Service Former

Organization Position Status
United Fuel & Energy Corporation Regl Manager Current

Organization Position Status
United Fuel & Energy Corporation Safety Manager Current

Organization Position Status
United Fuel & Energy Corporation Regl Manager Current

Organization Position Status
United Fuel & Energy Corporation Regl Manager Current

Organization Position Status
United Fuel & Energy Corporation Regl Manager Current

Organization Position Status
United Fuel & Energy Corporation Manager Current

Mike Chadwick, age 54, is a Managing Director at Sanders Morris Harris, as well as a senior member of the firm's Corporate Finance Group in Houston. Mr. Chadwick has been active in most aspects of the commercial and investment banking fields since 1975. Prior to joining Sanders Morris Harris, Mr. Chadwick was President and Principal of Chadwick, Chambers & Associates, Inc., an investment and merchant banking boutique. Prior to forming CC&A, Mr. Chadwick was with Lovett Mitchell Webb & Garrison, Inc., and Underwood, Neuhaus & Co., both Houston based independent investment banking firms. Mr. Chadwick has an MBA from Southern Methodist University, and a BA in Economics from the University of Texas at Austin. He also attended the Wharton School of Finance at the University of Pennsylvania. Mr. Chadwick currently serves on the boards of: Blue Dolphin Energy Company, Landry's Restaurants, Inc., Home Solutions of America, Inc. and Moody - Price, Inc.

Organization Position Status
Sanders Morris Harris Managing Director Current
United Fuel & Energy Corporation Senior Member Current
Blue Dolphin Energy Company Board of Directors Current
Landry's Restaurants Inc. Board of Directors Current
United Fuel & Energy Corporation Director Current
Moody-Price Inc. Board of Directors Current
Southern Methodist University Mba Former
The University of Texas at Austin Ba In Economics Former

Organization Position Status
United Fuel & Energy Corporation Board of Directors Current
United Fuel & Energy Corporation President & CEO Former

Organization Position Status
United Fuel & Energy Corporation Director Current

Organization Position Status
United Fuel & Energy Corporation Board of Directors Current

Organization Position Status
United Fuel & Energy Corporation Board of Directors Current
United Fuel & Energy Corporation President & CEO Former
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     UFEN $0.15 0.00 (0.00% )
Average Volume 4,621
Shares Outstanding 40.90M
Market Cap 6.1M
Year High 0.82
Year Low 0.05
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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