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In September 2019, the company acquired SemGroup for $5 billion. [15] In January 2020, former Energy Secretary Rick Perry rejoined the company's board. [16] In August 2023, it was announced Energy Transfer had signed a definitive agreement to acquire its Houston-headquartered rival, Crestwood Equity Partners for approximately $7.1 billion. [17]
Shares of Super Micro Computer (NASDAQ: SMCI), the once high-flying artificial intelligence (AI) server stock, were back on the move again today. After plunging over a period of several weeks over ...
Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard ...
On April 11, 2010, RRI Energy and Atlanta-based Mirant Corp. announced an agreement to merge in a $1.6 billion all-stock deal, which created one of the largest independent power plant operators in the country. The new company, named GenOn Energy, would be based in Houston but led by Mirant's Chairman and CEO Edward Muller until 2013. At that ...
Data source: Opendoor. YOY = Year over year. EBITDA = Earnings before interest, taxes, depreciation, and amortization. In 2023, soaring interest rates chilled the real estate market and drove up ...
In 2009, SCI put in a bid to purchase Keystone North America for US$208 million (US$295 million as of 2023). The purchase was completed in 2010 and added about 200 locations. In May 2013, SCI signed a US$1.4 billion deal to purchase Stewart Enterprises, the second-largest death care company. [11]
In 1995, the company acquired Dekalb Energy Canada, marking the company's return to Canada, in a $285 million stock transaction. [14] In 1995, the company also acquired 315 oil and gas fields in the Permian Basin, the Texas-Louisiana Gulf Coast, western Oklahoma, East Texas, the Rocky Mountains and the Gulf of Mexico from Texaco. [15]
Par Pacific Holdings, Inc., a company whose headquarters are in Houston, Texas, owns operations in oil and production and midstream operations. Par Pacific owns the largest operating refinery in Hawaii which has a 94,000-bpd capacity, this distributes to 90 proprietary and additional independent retail locations under the Hele and 76 brands.