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2. Arena Resources

2. Arena Resources
Rank: 2 (Previous rank: 1)
CEO: Lloyd Rochford
Headquarters: Tulsa, OK
Employees: 86
Industry: Energy
Website: www.arenaresourcesinc.com
Arena, an oil and natural gas exploration and drilling company, will drill 275 wells this year - twice as many as in 2007. Last year, the company announced $6.5 million in acquisitions of properties in Texas and New Mexico with proved reserves of more than four million barrels.
Financials: Latest Results
Revenues 100.2 132.7
Net Income 34.4 -
Earnings per share - 97.2
Total Return - 114.1
From the July/August 2008 issue of Fortune Small Business
Source: Zacks
Revenue and net income are for the most recent four quarters ended on or before 2/29/08.

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