Scott D. Sheffield
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Scott D. Sheffield
Scott Douglas Sheffield (born 1952) is an American businessman in the oil and gas industry. He is best known as the founder and former chief executive officer (CEO) of Pioneer Natural Resources. Early life Sheffield was born in 1952. He spent his high school years in Tehran, Iran, where his father worked as a petroleum executive. Sheffield studied pre-law, later shifting to Petroleum Engineering at the University of Texas. He graduated in 1975. Career After graduation, Sheffield began his career as a production and reservoir engineer for Amoco Production Co. He subsequently joined Parker & Parsley as a petroleum engineer in 1979 and was promoted to vice president-engineering in September 1981. In April 1985, he was elected president and director, and on January 19, 1989, he became chairman of the board and CEO. In August 1997, Pioneer Natural Resources was established through the merger of Parker & Parsley Petroleum Company and MESA Inc, with Sheffield becoming the company's fir ...
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Pioneer Natural Resources
Pioneer Natural Resources Company, headquartered in Irving, Texas, was a company engaged in hydrocarbon exploration. It operated in the Cline Shale, which is part of the Spraberry Trend of the Permian Basin, where the company was the largest acreage holder. In May 2024, the company was acquired by ExxonMobil. As of December 31, 2022, the company had of proved reserves, of which 41% was petroleum, 23% was natural gas liquids, and 28% was natural gas. In 2022, the company produced per day, of which 58% was petroleum, 23% was natural gas liquids, and 19% was natural gas. History Pioneer Natural Resources was created in 1997 by the merger of Parker & Parsley Petroleum Company and MESA Inc., owned by Thomas Boone Pickens. In May 2016, CEO and chairman Scott D. Sheffield was succeeded by Timothy Dove. Sheffield returned to the roles in 2019 after Dove's retirement. In January 2024, Richard P. Dealy was named as CEO. Divestitures and acquisitions Examples of acquisitions b ...
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ExxonMobil
Exxon Mobil Corporation ( ) is an American multinational List of oil exploration and production companies, oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the Successors of Standard Oil, largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger of Exxon and Mobil. It is Vertical integration, vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the List of largest companies in the United States by revenue, seventh-largest company by revenue in the U.S. and List of largest companies by revenue, 13th-largest in the world. It is the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard ...
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1950s Births
Year 195 ( CXCV) was a common year starting on Wednesday of the Julian calendar. At the time, it was known in Rome as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annex the Syrian cities of Edessa and Nisibis. Severus re-establishes his headquarters and the colonies th ...
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Southlake, Texas
Southlake is a city located predominantly in Tarrant County with minor areas extending into Denton County in the U.S. state of Texas. Southlake is a suburb of Dallas/Fort Worth. As of the 2020 census, it had a population of 31,265. History The Southlake area was settled in the 1840s but was not incorporated as Southlake until 1956, four years after the construction of Grapevine Lake was completed. Before incorporation, the settlements of Whites Chapel, Dove, Union Church, and Jellico made up present-day Southlake. The nearby town of Hurst had intended to annex the area that is now Southlake in 1956, but residents voted on Sept. 25, 1956 to form the town of Southlake. Anthony Gail Eubanks was elected the first mayor, and his daughter chose the name Southlake due to its proximity to the newly completed Grapevine Lake. The area remained rural until the completion of the DFW International Airport in the 1970s. Due to the close proximity to the airport, Southlake became a boomb ...
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Politico
''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American political digital newspaper company founded by American banker and media executive Robert Allbritton in 2007. It covers politics and policy in the United States and internationally, with publications dedicated to politics in the U.S., European Union, United Kingdom, and Canada, among others. Primarily providing distributed news, analysis and opinion online, it also produces printed newspapers, radio, and podcasts. Its coverage focuses on topics such as the federal government, lobbying and the media. Ideologically, ''Politicos coverage has been described as centrist on American politics and Atlanticist on international politics. In 2021, ''Politico'' was acquired for reportedly over US$1 billion by Axel Springer SE, a German news publisher and media company. Axel Springer is Europe's largest newspaper publisher and had previously acquired '' Business Insider''. Unlike employees of its ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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OPEC
The Organization of the Petroleum Exporting Countries (OPEC ) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize Profit (economics), profit. It was founded on 14 September 1960 in Baghdad by the first five members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. The organization, which currently comprises 12 member countries, accounted for 38 percent of List of countries by oil production, global oil production, according to a 2022 report. Additionally, it is estimated that 79.5 percent of the world's proven oil reserves are located within OPEC nations, with the Middle East alone accounting for 67.2 percent of OPEC's total reserves.Organization of the Petroleum Exporting Countries. (2023). ''OPEC Annual Statistical Bulletin'' (58th ed.), 90 pages. Retrieved from https://asb.opec.org/. ISSN: 0475-0608. (See pages 7 and 22). In a series of steps in the 1960s and ...
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Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) United States antitrust law, antitrust law and the promotion of consumer protection. It shares jurisdiction over federal civil antitrust law enforcement with the United States Department of Justice Antitrust Division, Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 by the Federal Trade Commission Act of 1914, Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Antitrust Act of 1914, Clayton Act, a key U.S. antitrust statute, as well as the provisions of the FTC Act, et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promul ...
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Railroad Commission Of Texas
The Railroad Commission of Texas (RRC; also sometimes called the Texas Railroad Commission, TRC) is the state agency that regulates the oil and gas industry, gas utilities, pipeline safety, safety in the liquefied petroleum gas industry, and surface coal and uranium mining. Despite its name, it ceased regulating railroads in 2005, when the last of the rail functions were transferred to the Texas Department of Transportation. Established by the Texas Legislature in 1891, it is the state's oldest regulatory agency, and began as part of the Efficiency Movement of the Progressive Era. From the 1930s to the 1960s, it largely set world oil prices, but was displaced by OPEC (Organization of Petroleum Exporting Countries) after 1973. In 1984, the federal government took over transportation regulation for railroads, trucking, and buses, but the Railroad Commission kept its name. With an annual budget of $79 million, it now focuses entirely on oil, gas, mining, propane, and pipeline ...
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Timothy Dove
Timothy L. Dove (born 1956/57) is the former chief executive officer of Pioneer Natural Resources. Early life and education In 1975, Dove graduated from the Jesuit College Preparatory School of Dallas, where he was the valedictorian. In 1979, Dove received a bachelor's degree in mechanical engineering from Massachusetts Institute of Technology. In 1981, he received a Master of Business Administration from the University of Chicago. Career Early in his career, Dove worked for Diamond Shamrock and Maxus Energy. He then joined Parker & Parsley first as vice president of business development and then as senior vice president. In 1997, Parker & Parsley merged with MESA Inc. to form Pioneer, which Dove joined as vice president of business development. In May 2016, Scott D. Sheffield, the CEO and chairman of Pioneer, retired and was succeeded by Dove. In February 2019, Dove retired. Personal life Dove serves on the board of trustees of the Jesuit Dallas Foundation and the MIT Corpo ...
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L1 Energy
L1 Energy is an oil and gas investment company controlled by the Russian billionaire Mikhail Fridman, through Alfa Group, and chaired by John Browne, Baron Browne of Madingley, Lord Browne. On 2 March 2015, it was announced that Lord Browne was the executive chairman, and would be renouncing his other roles to build a major new oil and gas company from scratch. L1 Energy will run DEA AG, the purchase of which was announced in March 2014 that DEA for €5.1 billion. L1 Energy will seek to build a global oil and gas company through the acquisition of platforms in Europe, North America and South East Asia. Advisory board As of August 2023: *Lord Davies of Abersoch, Non-Executive Chairman *Jonathan Muir, Chief Executive *Franz Humer Non-Executive Director *Richard Burt, Non-Executive Director *Wulf von Schimmelmann, Non-Executive Director *Vitalij Farafonov, Chief Operating Officer References

{{DEFAULTSORT:L1 Energy Companies based in London Oil companies of Russia Energy comp ...
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Yahoo! Finance
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers online tools for personal finance management, including portfolio tracking, interactive charts, and stock screening. In addition to posting paid partner content from other web sites, it posts original stories by its team of staff journalists. Comscore ranked Yahoo Finance as the number 1 most popular financial news and research site in 2008, a ranking it has continued to maintain as of May 2024. , the site had approximately 150 million monthly active users. In 2017, Yahoo Finance added the feature to look at news surrounding cryptocurrency. Yahoo Finance video programs have been made available via connected TVs and devices, including Apple TV, Samsung TV Plus, YouTube, Amazon Freevee, and DirecTV. History In 2001, Yahoo Finance launched a subscription service ...
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