Peter Beutel, Founder of Cameron Hanover, Passes Away

NEW YORK ( TheStreet) -- Peter Beutel, founder of New Canaan, Conn.-based energy research and risk management firm Cameron Hanover, has passed away at the age of 56.

Beutel died last night of a heart attack at his home in New Canaan, Conn. He was the son of late Bill Beutel, a longtime anchorman at New York's WABC-TV and is survived by his mother Gail Beutel.

He was born on July 22, 1955.

After graduating from Dartmouth College in 1977, Beutel started his career on Wall Street at EF Hutton in 1979. He then went on to found Cameron Hanover in 1995.

With three decades of experience as an oil analyst, Beutel provided regular commentary at national news outlets including TheStreet, Bloomberg, CNBC and Fox News.

"All of us here an Cameron Hanover and FMX Connect are deeply saddened at the loss of a true friend," said Vince Lanci, managing partner and a partner with Beutel at FMX Connect, a Stamford, Conn.-based commodity information provider. "The industry lost a person with a wealth of knowledge about the energy markets today."

-- Written by Andrea Tse in New York.

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