Philip Parker

Chief Executive Officer

Mr. Parker is an honorably discharged veteran of the United States Navy with substantial experience in oil and gas, commodities trading, and finance. He has developed a unique and successful business model which produces robust cash flow combined with a growing portfolio of income producing energy assets. He is also Chief Executive Officer and Founder of Penn Oak Energy Services, an SDVO (service-disabled veteran owned) company based in Washington, D.C. that develops governmental energy projects, provides power facilities management, and conducts a gas trading division that sells physical gas supply to utilities and industrials across the United States. Penn Oak Energy is a partner company of Baker Hughes, ConocoPhillips, and Constellation Energy.

 

Penn Oak Energy Corporation, a Liquids Natural Gas Development Company, is also owned by Mr. Parker. This Company invented a unique approach to finance and developed new dual-fuel-conversion methods that pioneered advancement in the mining and maritime sectors.  

 

Mr. Parker’s altruistic approach to business has helped him in his many years in Infrastructure, Real Estate Development, Institutional Asset Management, and Corporate Finance. He is also a founding partner in Renewable Resources, LLC, which focuses its ‘energy’ on solar and solar-thermal energy production. During Mr. Parker’s career, a successful partnership was formed between Penn Oak and Lloyd’s Register with the specific objective of converting maritime vessels to dual fuel.

 

Mr. Parker’s impressive resume also includes serving on multiple boards including Lloyd's Register, Western Renewable Energy Generation Information Systems (WREGIS), and Veterans in Energy, a non-profit organization.