Company type | Private |
---|---|
Industry | Oil and gas |
Founded | 1979 |
Founder | Autry Stephens |
Revenue | US$ 710 million |
Number of employees | 1,200 (2023) |
Website | endeavorenergylp |
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]
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas. Dating back to 1886, the company has transitioned from a vertically integrated energy company to a distributor of fuels. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses. Sunoco is the largest independent distributor of fuels in the United States.
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Autry Carl Stephens is an American billionaire businessman, investor and philanthropist who is best known for founding Endeavor Energy Resources based in Midland, Texas in 1974. In February 2024, it was announced that the company will be sold to Diamondback Energy for $26 billion which ultimately put its founder on the Forbes 400 list (2023).