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Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard ...
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 ...
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1]. Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
HNG was founded in 1940 as a company to sell the gas produced by the Houston Pipe Line Company, after negotiations with Houston Gas and Fuel fell through. [2] In 1956 HNG acquired the Houston Pipe Line Company and its assets for $36 million. [2]
In business and investing, term microcap stock (also micro-cap) refers to the stock of public companies in the United States which have a market capitalization of roughly $50 million to $250 million. The shares of companies with a market capitalization of less than $50 million are typically referred to as nano-cap stocks.
In May 2012, the company acquired Cordillera Energy Partners for $2.5 billion in cash and 6.3 million shares of common stock. The acquisition added approximately 71 million barrels of oil equivalent (430,000,000 GJ) to Apache's reserves and strengthened its position across western Oklahoma and the Texas Panhandle.
A new household budget index from Primerica, a financial services company, found that the purchasing power of middle-income households — defined as those earning between $30,000 and $130,000 a ...
In 2007, the company acquired Pogo Producing for $3.6 billion in cash and stock. [6] [7] In 2008, the company formed a joint venture with Chesapeake Energy in the Haynesville Shale. [8] [9] To fund the venture, the company sold assets in the Permian Basin and the Piceance Basin to Occidental Petroleum for $1.3 billion. [10] [11]