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    Magnum Hunter Resources Corp. (MHR)

    2.49 Down 0.27(9.78%) Mar 27, 4:03PM EDT
    |After Hours : 2.49 0.00 (0.00%) Mar 27, 7:58PM EDT
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    Magnum Hunter Resources Corp.
    777 Post Oak Boulevard
    Suite 650
    Houston, TX 77056
    United States - Map
    Phone: 832-369-6986
    Fax: 832-369-6992
    Website: http://www.magnumhunterresources.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Drilling & Exploration
    Full Time Employees:440

    Business Summary 

    Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The company operates through the U.S. Upstream, Midstream, and Oilfield Services segments. It operates in two of the unconventional shale resource plays in the United States, including the Marcellus Shale and the Utica Shale plays located in the Appalachian Basin within the states of West Virginia and Ohio; and owns interests in non-operated oil and gas properties in the Williston Basin/Bakken Shale located in Divide County, North Dakota. As of December 31, 2014, the company had approximately 274,653 net leasehold acres in its principal operating areas, including 79,683 net acres in the Marcellus Shale; approximately 125,680 acres in the Utica Shale; and approximately 69,290 net acres in the Williston Basin/Bakken Shale in North Dakota. It also operates natural gas properties in Kentucky; provides midstream operations services, such as natural gas marketing, as well as the and operation of a network of pipelines and compression stations that gather natural gas and NGLs in the U.S. for transportation, principally in West Virginia and Ohio; and offers drilling services to third party oil and natural gas exploration and production companies. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation was incorporated in 1997 and is headquartered in Houston, Texas.

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    Corporate Governance 
    Magnum Hunter Resources Corp.’s ISS Governance QuickScore as of Mar 1, 2015 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 1; Compensation: 9.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Gary C. Evans , 58
    Chairman and Chief Exec. Officer
    Mr. Joseph C. Daches , 48
    Chief Financial Officer and Sr. VP
    Mr. James W. Denny III, 67
    Exec. VP of Operations and Pres of Appalachian Division
    Mr. Hershal C. Kip Ferguson III, 50
    Exec. VP of Exploration and Pres of Eagle Ford Hunter Inc
    Mr. Cham King ,
    Assistant VP of Investor Relations
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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