Endeavor Energy Resources

In this article we will explore Endeavor Energy Resources and its impact on different aspects of society. Since its appearance on the public scene, Endeavor Energy Resources has captured people's imagination and generated intense debate around its meaning and relevance. This phenomenon has undoubtedly left an indelible mark on popular culture, influencing the way society perceives and approaches a wide range of issues. Throughout this article, we will examine the multiple dimensions of Endeavor Energy Resources and its influence in areas such as politics, technology, education, among others. We will also analyze the different perspectives that exist regarding Endeavor Energy Resources, thus allowing a more complete and enriching understanding of its importance in the current panorama.

Endeavor Energy Resources
Company typePrivate
IndustryOil and gas
Founded1979 (1979)
FounderAutry Stephens
RevenueUS$ 710 million
Number of employees
1,200 (2023)
Websiteendeavorenergylp.com

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 has since evolved in one of the largest private oil producers in the Lower 48.[1][2] In February 2024, it was announced that the company would be sold to Diamondback Energy for $26 billion.[3][4][5]

References

  1. ^ Pendleton, Devon; Ferman, Mitchell; Crowley, Kevin; Bloomberg (February 12, 2024). "Meet oil's new king: 85-year-old Autry Stephens, raised by peanut-and-melon farmers and now worth $25.9 billion". Fortune.
  2. ^ "A HISTORY OF SUCCESS IN THE MIDLAND BASIN". Endeavor Energy Resources, LP. Retrieved 2024-02-20.
  3. ^ Weise, Karen (12 February 2024). "Two Big Texas Oil Producers Announce $26 Billion Merger". New York Times – via NYTimes.com.
  4. ^ Morenne, Benoît (13 February 2024). "A Texas Oil Driller Banks a $26 Billion Deal, With Regrets". Wall Street Journal. Retrieved 22 February 2024.
  5. ^ Hampton, Liz; Somasekhar, Arathy; French, David (13 February 2024). "Why Endeavor Energy's founder sold his company after years of rebuffing offers". Reuters. Retrieved 19 February 2024.


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