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- 🛢️ Billionaire(s) of the Week
Good morning, here's what the OilPatch Team has for you today:
Billionaires of the Week: The Double Eagle Boys
From landmen to shale tycoons
John Sellers and Cody Campbell became friends in high school in Amarillo.
In college, the two got into business together – in real estate.
After the 2008 financial crisis struck, they changed direction.
And now their worth is estimated at close to $7 billion.
@clutxh_colton@ParkerThune Sold Double Eagle Energy II in 2017 for $2.8B
Sold Double Eagle Energy III in 2021 for $6.4B
Will likely sell DE IV in the next 6mos.Ex-TTU football player and an extremely successful oil man.
— Deviated Lateral 🌵 (@DeviatedLateral)
1:53 AM • Dec 15, 2024
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Notorious Activist Investor Flip-Flops on Gas
A few years ago, Engine #1 forced Exxon to make ESG commitments.
Now, it’s building gas power plants with Chevron.
Exxon foe Engine No. 1 to build fossil fuel plants with Chevron. Fund that won famous Wall Street proxy war over oil major’s climate stance now backs natural gas to power AI.
via @FT— Laurentiu B . 🇪🇺 (@laurbjn)
10:44 AM • Jan 29, 2025
Tweet of the Day
The true reveal here?
BRANDING IS NOT REALITY.
Wind and industrial solar destroy the environment, requiring massive amounts of mined materials and concrete, & stop functioning after 10-15 years.
Their advocates have lied for decades, making money off of taxpayer subsidy.
— joshua steinman (🇺🇸,🇺🇸) (@JoshuaSteinman)
3:47 PM • Jan 26, 2025
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