and gas executives have turned to GL&L for decades for the
firms thorough understanding of the oil and natural
gas markets. GL&Ls clients value their consultants
knowledge and experience in analyzing and forecasting the
major events impacting oil and gas companies business
We use Henry Groppe as a consultant, and when we approached him with the idea of selling the company, he strongly agreed with
the concept. This was not the first time Henry (Petroleum) followed Groppe’s advice. In 1984, we sold half of our production based on Groppe’s
report that oil prices were going to fall substantially. Other reports predicted a rise, but it actually did fall in 1985. So his 2008 report
predicting another fall was a major factor in our selling the entire company. Twice in a 25-year period, we have sold large assets based on his
reports. He has been on retainer with us for quite awhile.
Jim Henry, former president, Henry Petroleum, now president of Henry Resources, quoted in the April 2009 issue of the Oil and Gas Investor.
Forecasting is a tough business. Groppe, Long &
Littells forecasting methods are unique and the results
have been impressive. They begin with a rigorous technical
analysis of supply and demand. There are no missing
barrels or loose ends when the process is complete.
They produce an organized consideration of probabilities for
the future. The reasoning that supports the firms forecast
is clear. Over the years, several of their predictions did
not appear credible until time showed them to be accurate.
Russell Luigs, retired Chairman and CEO
Farm Mutual Insurance Company
State Farm engaged Groppe, Long & Littell in January
of 1988. We believed that our multi-billion common stock portfolios
would benefit from their rigorous, fundamental analysis of
global oil and gas markets. Over the past 13 years, the firms
work has been a key determinant of our investment strategy.
We admire their careful, thorough work and their historical
Paul N. Eckley, Sr. Vice President, Investments
The advice and guidance from Groppe, Long & Littell
has helped Tom Brown, Inc. achieve the enviable position it
now enjoys. In all of the hard times along the way, Groppe,
Long & Littell has been a great source of comfort and resolve.
The firm's analysis is thorough to a fault. To it, they add
a unique ability to think clearly about how things will go
in the future. Even though our business is primarily natural
gas, I made sure that I got their oil reports as well. The
information in the oil reports allowed me to stay abreast
with the industry as a whole. There are many people who provide
data and news. Groppe, Long & Littell is superb at figuring
out what it all means and where the industry is headed.
During my twenty-five years in the energy industry, the biggest
mistake I have observed is a failure to thoroughly understand
underlying trends and future consequences of dramatic swings
in oil and gas prices. It is my strong belief that their counsel
and guidance provides this important insight and has been
instrumental in the development and execution of our successful
short and long-term strategic plans.
Donald L. Evans, Chairman of the Board and CEO
Since October 1987, Groppe, Long & Littells
knowledge and experience has been a great help. Option contracts
for natural gas and crude have been profitable, but stressful.
Whenever things are going badly, Groppe, Long & Littell is
at their best. They do their homework and think things through.
Those methods--and their personal courage--enable them to
withstand enormous pressure. When important decisions are
pending its nice to know that GL&Ls consulting is just
a phone call away.
Tom F. Marsh
Corporation of America
have been working with Groppe, Long & Littell since
October, 1997, at a time my colleagues and I were trying to
make sense of oil and gas prices. Hearing Groppe, Long
& Littell talk about $30.00 per barrel and $4 per MMBTU in
1997 was good news. It was very encouraging to get
acquainted with the firm's careful, disciplined approach to
forecasting. They collect all the numbers and separate
the good ones from the bad. Groppe, Long & Littell
manage to avoid getting caught in the details and ignore
industry fads. The big picture and the long-term future
are always in view."
John Mork, CEO