![]() Get Quote: PLLL
Financials: Latest Results
Rank: 17 (Previous rank: 26)
CEO: Larry Oldham, President and CEO Headquarters: Midland, TX Employees: 43 Industry: Energy Website: www.plll.com Founded in 1979, Parallel Petroleum drills through rock for natural gas horizontally, releasing the gas more efficiently. Parallel's 2007 oil sales comprised about 60% of its combined oil and natural gas revenues. The company operates primarily in Texas and New Mexico.
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Industry: Energy
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| Sponsored by |
| State | # of FSB 100 Companies |
|---|---|
| California | 18 |
| Texas | 12 |
| New York | 11 |
| Executive | Total Ownership Value ($ millions) |
|---|---|
| T. Kendall Hunt | 266.2 |
| Donald E. Brown, M.D. | 116.4 |
| George A. Lopez, M.D. | 103.5 |
| Company | Revenue growth (3-yr. annualized) |
|---|---|
| Arena Resources | 132.7% |
| Smith Micro Software | 97.8% |
| TGC Industries | 74.0% |