Department of Finance

Global Energy Management Program

Energy Faculty

Steve Arbogast
Executive Professor
Masters Princeton University

Stephen Arbogast served from 1999-2004 as the Treasurer of ExxonMobil Chemical Company and has over thirty years of experience in finance working with Exxon Corporation and ExxonMobil Chemical. While Treasurer of Chemicals, Mr. Arbogast held positions that included Director of Qenos (Australia's sole manufacturer of polyethylene, a joint venture with Orica PLC), Director of Dexco (a joint venture with Dow Chemical), and Director of Al Jubai Petrochemical Company in Saudi Arabia. Other former positions included Vice President of Finance for SeaRiver Maritime Inc. (an Exxon Shipping Company), Treasurer for Exxon Capital Corporation, Finance and Planning Manager for Esso Brasileira de Petroleo in Brazil, and Treasurer of Esso Central America, Panama, and Mexico.

Praveen Kumar
El Paso Corporation - JP Morgan Chase Bank, N.A. Professor in International Business
Ph.D. Stanford University

Prior to joining the UH faculty in 1996, Professor Kumar served on the faculty of the Graduate School of Industrial Administration at Carnegie-Mellon University. He is the recipient of the University of Houston Enron Teaching Excellence Award for 2001-02, and Excellence in Classroom Award from Carnegie Mellon University. Professor Kumar is widely published in the leading finance, economics, and management journals. His areas of specialization include Real Options, Corporate Financial Policies and Governance, Stochastic Processes, and Industrial Organization.

Craig Pirrong
Professor of Finance
Director of Energy Markets, GEMI
Ph.D. University of Chicago

Prior to joining UH, Dr. Pirrong was the Watson Family Professor of Commodity and Financial Risk Management and Associate Professor of Finance at Oklahoma State University. He has also served as a faculty member of the University of Michigan, of the University of Chicago, and of Washington University in St. Louis. Professor Pirrong's research focuses on the economics of commodity markets, the relation between market fundamentals and commodity price dynamics, and the implications of this relation for the pricing of commodity derivatives. His recent research is concentrated on the power markets. Professor Pirrong has also published extensively on the economics of financial exchanges, publishing 30 articles in professional publications and three books. Professor Pirrong has consulted widely; past clients include electric utilities, major commodity processors and consumers, and commodity exchanges around the world.

Joseph Pratt
Cullen Professor of History & Business
Professor of Management
Ph.D. Johns Hopkins University

Joseph A. Pratt is the Cullen Professor of History and Business at the University of Houston, where he has taught for the last 16 years. Before coming to UH, he taught in the business school at the University of California-Berkeley and at the Harvard Business School. He earned his B.A. from Rice University and his Ph.D. in economic history from Johns Hopkins. A specialist in the history of the petroleum industry, he has written histories of Amoco, the Texas Eastern Corporation, and the National Petroleum Council. He is currently at work on a history of the offshore petroleum industry.

Latha Ramchand
Dean Bauer College of Business Professor
Ph.D. Northwestern University

A former financial analyst with Midfirst Bank, Professor Ramchand joined the UH faculty in 1993. Professor Ramchand's areas of specialization include corporate finance and international finance. Her research interests areas include international asset pricing models, global equity issues, and home bias in portfolio composition, and her research has appeared in the leading finance journals.