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February 06, 2016 7:31 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Hunt Consolidated, Inc.

Company Overview

Hunt Consolidated, Inc., through its subsidiaries, engages in oil and gas exploration and production, refining, liquefied natural gas (LNG), power, real estate, investments, and ranching and infrastructure businesses worldwide. The company produces oil and natural gas; refines/transports crude oil, and offers fuels/other petroleum products, including gasoline, ultra-low sulfur diesel fuel, commercial jet fuel, military jet fuel, and kerosene; and specialty products, such as asphalt products, asphalt emulsions, industrial asphalts, mineral spirits, sulfur products, and petroleum coke products. It offers real estate investment services that focus in the areas of direct-owned assets, investment...

1900 North Akard Street

Dallas, TX 75201-2300

United States

Founded in 1980





Key Executives for Hunt Consolidated, Inc.

Co-Chief Executive Officer
Age: 46
Co-Chief Executive Officer
Executive Chairman
Age: 72
Chief Financial Officer, Chief Risk Officer and Executive Vice President
Age: 63
Chief Accounting Officer and Senior Vice President
Compensation as of Fiscal Year 2015.

Hunt Consolidated, Inc. Key Developments

Hunt Files For Takeover Of Oncor

A group of investors led by Ray L. Hunt made official their push to take over Oncor Electric Delivery Holdings Company, LLC from Energy Future Holdings Corp. Hunt Consolidated, Inc. laid out plans to buy Oncor between $18 billion and $19 billion. A restructuring plan filed by Energy Future in July laid out plans to sell its 80% ownership stake in Oncor to the Hunt group.

Berkshire Hathaway Reportedly Among Others To Bid For Oncor

Berkshire Hathaway Inc. (NYSE:BRK.A) is among the companies exploring bids to purchase Oncor Electric Delivery Company LLC, reported Bloomberg. Berkshire Hathaway joins CenterPoint Energy, Inc. (NYSE:CNP), NextEra Energy, Inc. (NYSE:NEE) and Hunt Consolidated, Inc. as the companies that have signed confidentiality agreements to bid on Oncor while its parent, Energy Future Holdings Corp., is in bankruptcy reorganization, according to Bloomberg, which cited anonymous sources close to the matter.

Bidding Reportedly Begins For Sale Of Energy Future Holdings' Stake In Oncor

The Wall Street Journal reported that bidding is open on Energy Future Holdings Corp.'s 80% stake in Oncor Electric Delivery Company LLC (Oncor), that has been caught up in Energy Future Holdings' Chapter 11 bankruptcy proceeding. The competition began on September 19, 2014, the Journal said. Hunt Consolidated Inc. and NextEra Energy Inc. are among those interested in acquiring the business.

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