Natural Resources >> Sector Roundtables >> May 6, 2002
SHANNON NOME is a Managing Director and Senior Research Analyst
at J.P. Morgan Chase, covering exploration and production stocks.
Before joining the firm in April 2001, she was a Managing
Director and Senior Energy Analyst at Banc of America Securities.
Prior to her tenure at B of A, she was a Vice President and
Energy Analyst at Credit Suisse First Boston. She began her
career as an Energy Analyst at A.G. Edwards & Sons in St. Louis.
Ms. Nome was recently ranked as a top-10 E&P analyst in
Institutional Investor's most recent All-American Research
survey, and was also named the number one 'Up and Comer' in her
category. She was recognized as the 'Best Stockpicker' among E&P
analysts in the TheStreet.com 2000 analyst survey, and in 1996
she placed third for stock-picking in The Wall Street Journal
All-Star Analyst survey. She earned her MBA from Washington
University in St. Louis and her BS in Finance and Accountancy
from Miami University in Oxford, Ohio. Profile
M. BRADLEY DAVIS is Senior Vice President and Senior Energy
Analyst at SWS Securities, Inc. Previously, he was associated
with CIBC World Markets, BT Alex. Brown, Williams MacKay Jordan,
Fitch Investors, Bank of New York, Texas Commerce Bank and Key
International Drilling. Mr. Davis received a BA in International
Business and Political Science from Baylor University. Profile
JOHN P. HERRLIN JR., a First Vice President at Merrill Lynch, is a top
rated Institutional Investor All American analyst for the eighth year in
a row, six of which he was number one. Additionally, he is a top ranked
Greenwich Associates analyst covering exploration and production
companies. He currently follows 23 US oil and gas exploration and
production companies, and six Canadian oil and gas exploration and
production companies. Previously, Mr. Herrlin was an Analyst at Lehman
Brothers, Smith Barney and 13D Research, Inc. His industry experience
includes three years with the U.S. Geological Survey in the Oil and Gas
branch and a year in the branch of exploration research. He studied
Geology at the University of Montana and the Colorado School of Mines,
and has an MBA in Energy Finance. Mr. Herrlin is a member of NAPIA and
AIMR. Profile
ANDREW T. LEES is a Vice President and Senior Analyst at RBC
Capital Markets. Previously he was a Vice President and Senior
Analyst at Stifel, Nicolaus & Company, at Petrie Parkman in
Denver, Colorado, and A.G. Edwards in Denver. Prior to that he
was associated with Merrill Lynch Canada in Calgary, Alberta;
Gordon Capital in Calgary; and CIBC Wood Gundy in Toronto,
Ontario. Mr. Lees received a BA in Economics from the University
of Western Ontario and an MBA in Finance and Accounting from
McGill University. Profile
TWST: Shannon, let's begin with you today. What is it exactlythat an E&P company does?
Ms. Nome: A definition? An E&P company is an oil and gas
producer. We're not talking about a