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Endeavor Energy Resources
Endeavor Energy Resources (officially Endeavor Energy Resources LP) is a privately-held hydrocarbon exploration and production company based in Midland, Texas. Founded in 1979 by Autry Stephens, it grew to become one of the largest private oil producers in the contiguous United States The contiguous United States, also known as the U.S. mainland, officially referred to as the conterminous United States, consists of the 48 adjoining U.S. states and the District of Columbia of the United States in central North America. The te .... In February 2024, it was announced that the company would be sold to Diamondback Energy for $26 billion. References Companies based in Texas Natural gas companies of the United States Oil companies of the United States {{US-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas
A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be extracted and burnt as fuel for human consumption to provide energy for direct use (such as for cooking, heating or lighting), to power heat engines (such as steam or internal combustion engines) that can propel vehicles, or to generate electricity via steam turbine generators. Some fossil fuels are further refined into derivatives such as kerosene, gasoline and diesel, or converted into petrochemicals such as polyolefins ( plastics), aromatics and synthetic resins. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms. The conversion from these organic materials to high-carbon fossil fuels is typical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Autry Stephens
Autry Carl Stephens (March 8, 1938 – August 16, 2024) was an American billionaire businessman, investor, and philanthropist best known for founding Endeavor Energy Resources based in Midland, Texas, in 1979. In February 2024, it was announced that the company would be sold to Diamondback Energy for $26 billion, which ultimately led to Stephens being included on the Forbes 400 list (2023). Early life and education Stephens was born March 8, 1938, in De Leon, Texas, one of five children to Martin Elmore Stephens, a watermelon and peanut farmer, and Hazel Lila Stephens (née Johnson; 1905–2011). He earned his Bachelor of Science in 1961 and his Master of Science in 1962, both in Petroleum engineering from the University of Texas at Austin. Career Stephens founded Endeavor Energy Resources Endeavor Energy Resources (officially Endeavor Energy Resources LP) is a privately-held hydrocarbon exploration and production company based in Midland, Texas. Founded in 1979 by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midland, Texas
Midland is a city in the U.S. state of Texas and the county seat of Midland County with small portions extending into Martin County. The population was 132,524 as of the 2020 census. Located in the Permian Basin in West Texas, Midland is a major center for American oil and natural gas production. Midland is the principal city of the Midland, Texas metropolitan statistical area, which includes all of Midland County, the population of which was 169,983 in the 2020 U.S. Census. The metropolitan area is part of the larger Midland–Odessa combined statistical area, which had a population of 340,391 in the 2020 census. Residents of Midland are referred to as 'Midlanders'. Midland was founded as the midway point between Fort Worth and El Paso on the Texas and Pacific Railroad in 1881. The city has many connections to the Bush family; it was the one time home of former Presidents George H. W. Bush and George W. Bush and the hometown of former First Lady Laura Bush. The Bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contiguous United States
The contiguous United States, also known as the U.S. mainland, officially referred to as the conterminous United States, consists of the 48 adjoining U.S. states and the District of Columbia of the United States in central North America. The term excludes the only two non- contiguous states and the last two to be admitted to the Union, which are Alaska and Hawaii, and all other offshore insular areas, such as the U.S. territories of American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands. The colloquial term ''Lower48'' is also used, especially in relation to Alaska. The term The Mainland is used in Hawaii. The related but distinct term ''continental United States'' includes Alaska, which is also on North America, but separated from the 48 states by British Columbia in Canada, but excludes Hawaii and all the insular areas in the Caribbean and the Pacific. The greatest distance on a great-circle route entirely within the contiguous U.S. i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diamondback Energy
Diamondback Energy is an American company engaged in hydrocarbon exploration headquartered in Midland, Texas. As of December 31, 2020, the company had of estimated proved reserves, of which 52% was petroleum, 24% was natural gas, and 24% was natural gas liquids. The company's reserves are all in the Permian Basin. As of February 2024, it is ranked 400th on the Fortune 500. History The company began operations in December 2007 with the acquisition of 4,174 net acres in the Permian Basin. In October 2012, the company became a public company via an initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ..., issuing 12,500,000 shares of common stock at a price of $17.50 per share. In March 2017, the company acquired assets from Brigham Resources for $2.55 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Texas
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas Companies Of The United States
Nature is an inherent character or constitution, particularly of the Ecosphere (planetary), ecosphere or the universe as a whole. In this general sense nature refers to the Scientific law, laws, elements and phenomenon, phenomena of the physical world, including life. Although humans are part of nature, human activity or humans as a whole are often described as at times at odds, or outright Anthropocentrism, separate and even superior to nature. During the advent of modern scientific method in the last several centuries, nature became the passive reality, organized and moved by divine laws. With the Industrial Revolution, nature increasingly became seen as the part of reality deprived from intentional intervention: it was hence considered as sacred by some traditions (Jean-Jacques Rousseau, Rousseau, American transcendentalism) or a mere decorum for divine providence or human history (Hegel, Marx). However, a vitalist vision of nature, closer to the pre-Socratic one, got reborn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
