M. Carol Coale

M. CAROL COALE is Vice President and Senior Natural Gas Analyst with
Prudential Securities in Houston, Texas. She is also ranked as an All-
Star analyst in the Wall Street Journal’s stock picking survey. She
joined Prudential Securities in May of 1994, after having spent five
years at the energy boutique, Howard, Weil, Labouisse, Friedrichs,
following natural gas transmission stocks and the gas gathering and
processing companies. Prior to beginning her analytical career at
Howard, Weil, Carol spent eight years in various fixed-income marketing
and trading positions at Rauscher Pierce Refsnes, E.F. Hutton and Rotan
Mosle (now Paine Webber) in Texas. Ms. Coale is an honors graduate from
the University of Texas with a Bachelors of Arts degree, and she earned
her Masters of Business Administration degree from Southern Methodist
University. Currently, she is a member of many industry-related
organizations including the Houston Financial Analysts Society , the
Houston Producers Forum, Interstate Natural Gas Association of America
and the National Association of Petroleum Investment Analysts. She also
serves as an active committee member with the Petroleum Club of Houston.