About Hunt Consolidated, Inc.
Hunt Consolidated is a holding company for the oil, real estate, and other businesses of Ray Hunt, son of legendary Texas wildcatter and company founder H.L. Hunt.
Hunt Consolidated also invests in renewable energy (primarily wind projects) through Hunt Energy Horizons, while Hunt Mexico is focused on developing real estate, natural gas, electric power, and private equity opportunities in Mexico.
Other affiliated businesses include liquefied natural gas (LNG) investments (Hunt LNG), ranching (Hoodoo Land and Cattle), and private equity investments (Hunt Investment Group).
Hunt is ranked 168 on the 2017 Forbes list of largest private companies with revenue of $2.7 billion.
Hunt Consolidated has assets in Australia, Canada, Colombia, Italy, Kurdistan(Iraq), Mexico, Chile, Oman, Peru, Romania, the UAE, the US, and Yemen. Production and development activities are conducted in Europe, the Middle East, and South America, including in Australia, Canada, Peru, Romania, and Yemen. It has exploration activities in Argentina, Canada, Chile, Ethiopia, France, Ghana, Guyana, Laos, Madagascar, Niger, Oman, Peru, Portugal, Togo, the UK, Yemen and in a number of other countries.
Hunt Consolidated operates as a holding company to manage the Hunt family's diverse interests. It has two intermediate holding companies: Hunt Consolidated Energy, which oversees energy and infrastructure activities; and Hunt Consolidated Investments, which is responsible for real estate, investment, and agribusiness operations, and for new ventures. The broad range of operations helps to protect Hunt Consolidated's revenues from dependence on Hunt Oil's high risk/high return approach to exploration and production, and the boom and bust cycles of the oil and gas market.
The company's oil business focuses on exploring and developing new unconventional resource plays. It looks for acquisition opportunities involving quality producing properties with major exploration upside, either as entire companies or as packages of assets.
Expanding its oil operations, in 2011 Hunt Oil relocated its London office to Romania, where it has an active exploration and production program.
In a strategic move to avoid income taxes, in 2010 the company formed two real estate investment trusts (REITs) for $2.1 billion, to hold its electricity transmission infrastructure and its natural gas pipelines. REITs do not pay income taxes, as long as they distribute their earnings to shareholders (who then pay the taxes).
Hunt Oil was founded in 1934 (reportedly with wildcatter H.L. Hunt's poker winnings). Hunt Consolidated was formed in 1980.
1900 N AKARD ST
Dallas, TX 75201-2300
Phone: 1 (214) 978-8000
Employer Type: Privately Owned
Chairman: Ray L. Hunt
Co-CEO, Hunt Consolidated, Inc., President and CEO, Hunt Consolidated Energy, Inc., and President, Hunt Power: Hunter L. Hunt
Co-CEO, Hunt Consolidated, Inc. and CEO, Hunt Consolidated Investments, Inc.: Christopher W. Kleinert
Employees (This Location): 442
Employees (All Locations): 2,571