Want to invest in energy? Call up EnerVest. The investment group manages oil and gas properties on behalf of institutional investors, such as pension plans, university endowments, and family foundations. Investors pool their money into a fund for EnerVest to buy and operate oil and gas wells; the company acts as a general partner and distributes dividends from the proceeds. Its 12th fund closed in December 2010, raising $1.5 billion from about 115 investors. EnerVest owns 19,000 onshore wells spanning 4 million acres in a dozen states. It also owns 71% of EV Energy Partners, a publicly traded master limited partnership, through general partner is EV Energy GP.
EnerVest, Ltd.
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3.2
Overall Excellence Rating
Industry
Oil, Gas and MiningCategory
Energy & UtilitiesESG/Ethical Impact
We live where we work—these are our communities. That’s why we invest heavily in progressive safety initiatives, creating programs for our employees and our contractors that encourage extreme care. Our knowledge base is active and evolving, then shared company-wide to ensure that we do no harm and that everyone gets home safely to their families. Based on OSHA and industry standards and guidelines, our programs maintain compliance with applicable Federal, State and local regulations. Every employee can participate in EnerVest’s Good Catch Program, in which they highlight a potentially dangerous safety event that was avoided due to corrective action. Much like the rest of the industry, EnerVest is increasingly utilizing pad drilling to minimize environmental impact. We proactively engage in supporting our communities in need—as was the case during Hurricane Harvey—providing money, shelter, vehicles and feet on the ground.
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Awards Received
2023
Revenues
$378,600,000.00
Website Traffic
Employee Rating
3.5
Customer Rating
3.4
Company Size
100-1000
ESG Risk Rating
3
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