Patents by Inventor Wayne Penello

Wayne Penello has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Performance risk management system
    Patent number: 7822670
    Abstract: The embodiments of this invention relate to methods for developing risked budgetary performance estimates by analyzing commodity price risk(s) utilizing cash-flow-at-risk assessments in combination with Monte Carlo simulations. This automated method for risk analysis, includes modeling assets of a portfolio as derivatives; collecting pricing data and volatility surfaces related to the derivatives; calculating and scaling simulated cash-flow-at-risk (CFAR) values to generate a risk profile; and evaluating the risk profile to determine if the risk profile meets predetermined risk characteristics or requires modification.
    Type: Grant
    Filed: June 29, 2007
    Date of Patent: October 26, 2010
    Assignee: Risked Revenue Energy Associates
    Inventor: Wayne Penello
  • PERFORMANCE RISK MANAGEMENT SYSTEM
    Publication number: 20090006270
    Abstract: The embodiments of this invention relate to methods for developing risked budgetary performance estimates by analyzing commodity price risk(s) utilizing cash-flow-at-risk assessments in combination with Monte Carlo simulations. This automated method for risk analysis, includes modeling assets of a portfolio as derivatives; collecting pricing data and volatility surfaces related to the derivatives; calculating and scaling simulated cash-flow-at-risk (CFAR) values to generate a risk profile; and evaluating the risk profile to determine if the risk profile meets predetermined risk characteristics or requires modification.
    Type: Application
    Filed: June 29, 2007
    Publication date: January 1, 2009
    Applicant: RISKED REVENUE ENERGY ASSOCIATES
    Inventor: Wayne Penello