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Petroleum Development Corporation (PETD)On Dec 7: 17.45   0.00 (0.00%)  
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Petroleum Development Corporation
1775 Sherman Street
Suite 3000
Denver, CO 80203
United States - Map
Phone: 303-860-5800
Web Site: http://www.petd.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:317

BUSINESS SUMMARY 
Petroleum Development Corporation engages in the exploration, development, production, and marketing of oil and natural gas. The company also specializes in the purchase, aggregation, and resale of natural gas from other producers. As of December 31, 2008, it owned interests in approximately 4,712 gross wells located primarily in the Rocky Mountain Region, and the Appalachian and Michigan Basins with 753 billion cubic feet equivalent of net proved oil and natural gas reserves. It sells natural gas to other gas marketers, utilities, industrial end-users, and other wholesale gas purchasers. The company was founded in 1955 and is based in Denver, Colorado.
Key Statistics

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    CORPORATE GOVERNANCE 
    Petroleum Development Corporation's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 70.7% of S&P 600 companies and 81.2% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Richard W. McCullough , 56
    Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee and Member of Planning & Fin. Committee
    $ 944.00KN/A
    Mr. Gysle R. Shellum CPA, 56
    Chief Financial Officer
    $ 47.00KN/A
    Mr. Barton R. Brookman Jr., 46
    Sr. VP of Exploration & Production
    $ 489.00KN/A
    Mr. Daniel W. Amidon , 47
    Corp. Sec. and Gen. Counsel
    $ 438.00KN/A
    Mr. Lance Lauck ,
    Sr. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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