Natural Resources >> Sector Roundtables >> April 1, 2002
STANLEY H. HARBISON, CFA, is a Senior Vice President and Energy Sector
Leader in Oil and Gas Research at Zurich Scudder Investments. Prior, he
worked at Capital Research Company in Los Angeles. Before that, Mr.
Harbison was a New York City teacher. Mr. Harbison received his BA from
Wesleyan University, a Masters in Education from the University of
Massachusetts, a Masters in Liberal Arts from St. John's College, and a
Masters of Public and Private Management from Yale University. Mr.
Harbison has been affiliated with several professional organizations,
including the National Association of Petroleum Investment Analysts, the
Oil Analysts of New York, of which he was President from 1986-1987, and
the Accounting Review Group of the AIMR, Petroleum Subcommittee. Profile
MICHAEL C. YOUNG is a Managing Director at Gerard Klauer Mattison and is
a senior member of the GKM Energy Group working in the firm's Boston
office and is responsible for the analysis of the oil and gas industry.
Prior to joining the firm in 2001, Mr. Young was a Managing Director and
Senior Energy Analyst at Deutsche Bank for five years. Between 1987 and
1996, he was a Managing Director and the Senior Energy Analyst at Smith
Barney, Inc. Mr. Young began his career on Wall Street in 1985 in New
York, where he worked in the energy research group at Salomon Brothers,
Inc. In 2000, he was ranked seventh among oil analysts in a Reuters
survey of the top 100 fund managers in the US. Mr. Young also ranked
fifth in a Wall Street Journal calculation of stock-picking performance
for his sector. A CFA, he is also a member of the National Association
of Petroleum Investment Analysts and the Petroleum Analyst Group of
Boston. Mr. Young is a graduate of Dartmouth College, where he received
a BA in Economics and Governement. Profile
Fadel Gheit is a Managing Director and senior analyst covering the oil and gas
sector. He spent six years with Mobil Oil and five years with Stone & Webster.
He has been an energy analyst since 1986 with Mabon Nugent and JP Morgan and has
been with Oppenheimer & Co. Inc. since 1994. He has been named to The Wall
Street Journal All-Star Annual Analyst Survey four times and was the top-ranked
energy analyst on the Bloomberg Annual Analyst survey for four years. He is one
of the most quoted analysts on energy issues and has testified before the U.S.
Senate and the U.S. House of Representatives about oil price speculation, and is
a frequent guest on TV and radio business programs. He holds a BS degree in
Chemical Engineering from Cairo University and an MBA degree in Finance from New
York University. Profile
sources of revenue?
Mr. Harbison: It's primarily a combination of what we call upstream and
downstream. Upstream is the
