Kevin Palma
Director/Board Member at ENGLOBAL CORPORATION
Net worth: 68 484 $ as of 2024-04-29
Profile
Mr. Palma has served as the Chief Operating Officer for B-29 Investments, LP (“B-29”) since January 2019 after previously serving in the role of Chief Financial Officer since joining the firm in September 2006.
In terms of portfolio company involvement, Mr. Palma currently serves on the board of Caliber Completion Services, a premier wireline company providing both pump down and daylight work solutions for the for the MidContinent and Permian regions.
He previously served on the board and in the role of the Chief Financial Officer for Crest Pumping Technologies from its November 2011 inception until its merger into Nine Energy Service at the conclusion of the second quarter of 2014.
Lastly, Mr. Palma previously served as the Chief Financial Officer of Select Energy Services [now a subsidiary of Select Energy Services, Inc. (NYSE: WTTR)] during its transformation from one business line into a platform of oilfield service offerings during its high-growth phase in 2007 and 2008.
Currently, Mr. Palma serves on the board as audit committee chairman of ENGlobal Corporation (NASDAQ: ENG), a leading provider of automation and engineered project solutions to both the renewable and the traditional energy sectors.
Prior to serving in these capacities, Mr. Palma spent two years attending the Harvard Business School, where he earned a Masters in Business Administration.
Before attending graduate school, Mr. Palma spent three years in the Energy Investment Banking group at Raymond James and Associates in Dallas.
His experience includes merger and acquisition advisory, public equity and debt offerings, and private placements for small and middle capitalization oil and gas firms.
Mr. Palma holds a Bachelors and Masters degree in public accountancy from the University of Texas at Austin and is licensed as a Certified Public Accountant in the state of Texas.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
ENGLOBAL CORPORATION
0.81% | 2023-07-11 | 42,015 ( 0.81% ) | 68 484 $ | 2024-04-29 |
Kevin Palma active positions
| Companies | Position | Start |
|---|---|---|
| ENGLOBAL CORPORATION | Director/Board Member | 2016-05-31 |
B-29 Investments LP
 B-29 Investments LP Investment ManagersFinance B-29 Investments LP (B-29 Investments) is private equity firm founded in 1997 by John D. Schmitz and Steve M. Schmitz. The firm is headquartered in Addison, Texas. | Director of Finance/CFO | 2006-08-31 |
Klear Bit Technologies LLC
 Klear Bit Technologies LLC Metal FabricationProducer Manufacturing Klear Bit Technologies LLC manufactures and repairs steel body and matrix body polycrystalline diamond compact drill bits. It specializes in engineering and drilling services. The company is headquartered in Decatur, TX. | Director/Board Member | - |
Silver Creek Oil & Gas LLC
 Silver Creek Oil & Gas LLC Oil & Gas ProductionEnergy Minerals Silver Creek Oil & Gas LLC is an oil and natural gas company, which engages in the acquisition, development and exploration of unconventional natural gas and oil resources in the United States. Its portfolio consists of two assets: the Arkoma Basin in Oklahoma and Sherman Basin in North Texas. The company was founded by John T. Sanchez and John D. Schmitz in October 2010 and is headquartered in Irving, TX. | Director/Board Member | - |
Caliber Completion Services LLC
 Caliber Completion Services LLC Oilfield Services/EquipmentIndustrial Services Caliber Completion Services LLC engages in the provision of wire line telecommunication services. It aims to minimize completion times, reduce well costs, and optimize production of its clients. The company is headquartered in Moore, OK. | Director/Board Member | - |
Former positions of Kevin Palma
| Companies | Position | End |
|---|---|---|
B-29 Family Holdings, LLC
 B-29 Family Holdings, LLC Financial ConglomeratesFinance B-29 Family Holdings, LLC is an investment holding private company. The company is based in Dallas, TX. The company was founded by John D. Schmitz. | Director of Finance/CFO | 2018-11-30 |
Crest Pumping Technologies LLC
 Crest Pumping Technologies LLC Industrial MachineryProducer Manufacturing Crest Pumping Technologies LLC provides pressure pumping services. The firm provides its services to the Barnett and Eagle Ford Shales as well as the Permian Basin. The firm has locations in Fort Worth, Jacksboro and Pleasanton. The company was founded in 2011 and is headquartered in Fort Worth, TX. | Director/Board Member | 2014-05-31 |
TEC Holdings LLC
 TEC Holdings LLC Oilfield Services/EquipmentIndustrial Services TEC Holdings LLC is a company that provides wellsite services to the oil and gas industries. The company was founded in 2014 and is based in Austin, TX. | Director/Board Member | - |
Axis Energy Services LLC
 Axis Energy Services LLC Oilfield Services/EquipmentIndustrial Services Axis Energy Services LLC provides energy services. Its services include completion, pressure, pumping, nitrogen, and chemical services. The company was founded in 2018 and is headquartered in Longview, TX. | Director/Board Member | - |
| ░░░░░░░ ░░░░░ ░░░░░ ░░░░░░░░░░░ ░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Kevin Palma
| The University of Texas at Austin | Graduate Degree |
| Harvard Business School | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| ENGLOBAL CORPORATION | Industrial Services |
| Private companies | 11 |
|---|---|
Raymond James & Associates, Inc.
 Raymond James & Associates, Inc. Financial ConglomeratesFinance Raymond James & Associates, Inc. (RJA) is a registered broker-dealer headquartered in St. Petersburg, Florida. The firm was founded in 1962 and is a subsidiary of Raymond James Financial, Inc. (NYSE: RJF), a diversified holding company. RJA offers a full array of capital markets services, strategic advice and planning for institutional investors. | Finance |
B-29 Investments LP
B-29 Investments LP Investment ManagersFinance B-29 Investments LP (B-29 Investments) is private equity firm founded in 1997 by John D. Schmitz and Steve M. Schmitz. The firm is headquartered in Addison, Texas. | Finance |
Select Energy Services LLC
 Select Energy Services LLC Oilfield Services/EquipmentIndustrial Services Select Energy Services LLC operates as an oil and gas service company. The firm offers water solutions and environmental, well completions & intervention and facilities construction & engineering services. The company was founded in 2008 and is headquartered in Houston, TX. | Industrial Services |
Tec Well Service LLC
 Tec Well Service LLC Oil & Gas ProductionEnergy Minerals TEC Well Service LLC provides workover and well servicing services. The firm operates through the following divisions: Ark-La-Tex, Permian, North Texas, and Niobrara. Its services include workover rigs, swabbing/braided line rigs, tank and vacuum trucks, and pressure pumping/kill truck. The company was founded by Ronald Shore in 1978 and is headquartered in Longview, TX. | Energy Minerals |
Silver Creek Oil & Gas LLC
Silver Creek Oil & Gas LLC Oil & Gas ProductionEnergy Minerals Silver Creek Oil & Gas LLC is an oil and natural gas company, which engages in the acquisition, development and exploration of unconventional natural gas and oil resources in the United States. Its portfolio consists of two assets: the Arkoma Basin in Oklahoma and Sherman Basin in North Texas. The company was founded by John T. Sanchez and John D. Schmitz in October 2010 and is headquartered in Irving, TX. | Energy Minerals |
Crest Pumping Technologies LLC
Crest Pumping Technologies LLC Industrial MachineryProducer Manufacturing Crest Pumping Technologies LLC provides pressure pumping services. The firm provides its services to the Barnett and Eagle Ford Shales as well as the Permian Basin. The firm has locations in Fort Worth, Jacksboro and Pleasanton. The company was founded in 2011 and is headquartered in Fort Worth, TX. | Producer Manufacturing |
TEC Holdings LLC
TEC Holdings LLC Oilfield Services/EquipmentIndustrial Services TEC Holdings LLC is a company that provides wellsite services to the oil and gas industries. The company was founded in 2014 and is based in Austin, TX. | Industrial Services |
B-29 Family Holdings, LLC
B-29 Family Holdings, LLC Financial ConglomeratesFinance B-29 Family Holdings, LLC is an investment holding private company. The company is based in Dallas, TX. The company was founded by John D. Schmitz. | Finance |
Klear Bit Technologies LLC
Klear Bit Technologies LLC Metal FabricationProducer Manufacturing Klear Bit Technologies LLC manufactures and repairs steel body and matrix body polycrystalline diamond compact drill bits. It specializes in engineering and drilling services. The company is headquartered in Decatur, TX. | Producer Manufacturing |
Caliber Completion Services LLC
Caliber Completion Services LLC Oilfield Services/EquipmentIndustrial Services Caliber Completion Services LLC engages in the provision of wire line telecommunication services. It aims to minimize completion times, reduce well costs, and optimize production of its clients. The company is headquartered in Moore, OK. | Industrial Services |
Axis Energy Services LLC
Axis Energy Services LLC Oilfield Services/EquipmentIndustrial Services Axis Energy Services LLC provides energy services. Its services include completion, pressure, pumping, nitrogen, and chemical services. The company was founded in 2018 and is headquartered in Longview, TX. | Industrial Services |
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