Enron
Also known as Enron Corp., Enron Corporation, Enron Creditors Recovery Corp.
Enron Corporation was an American energy, commodities and services company based in Houston, Texas. It was led by Kenneth Lay and developed in 1985 via a merger between Houston Natural Gas and InterNorth, both relatively small regional companies at the time of the merger. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,600 staff and was a major electricity, natural gas, communications, and pulp and paper company, with claimed revenues of nearly $101 billion during 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years.
Key facts
- Company.name
- Enron Corporation
- Company.logo
- Logo de Enron.svg
- Company.logo_size
- 175px
- Company.logo_caption
- Logo (designed by Paul Rand) used from 1997 to 2001. This was Rand's final major logo before his death in November 1996.
- Company.image
- File:1400SmithDowntown.jpg
- Company.image_caption
- 1400 Smith Street, the former headquarters of Enron in Houston, Texas. It is now occupied by Chevron Corporation.
- Company.type
- Public
- Company.industry
- Energy
- Company.fate
- Chapter 11 bankruptcy (as a result of accounting fraud)
- Company.founded
- in Omaha, Nebraska, U.S.
- Company.founder
- Kenneth Lay (for the Houston National Gas branch)
~6 min read
Article
55 sectionsContents
- History
- Pre-merger origins (1925–1985)
- InterNorth
- Houston Natural Gas
- Merger
- Post-merger rise (1985–1991)
- Timeline (1985–1992)
- 1980s
- July 1985
- November 1985
- 1986
- 1987
- 1988
- 1989
- 1990
- 1991
- 1992
- 1991–2000
- Operations as a trading firm
- Entrance into the retail energy market
- Data management
- Overseas expansion
- Misleading financial accounts
- 2002–2006
- 2001 accounting scandals
- Accounting practices
- Post-bankruptcy
- Insider trading scandal
- Peak and decline of stock price
- California's deregulation and subsequent energy crisis
- Former management and corporate governance
- Products
- Online marketplace services
- Broadband services
- Energy and commodities services
- Capital and risk management services
- Commercial and industrial outsourcing services
- Project development and management services
- EnronOnline
- Enron International
- Management
- Projects
- India
- Project summer
- Enron Global Exploration & Production, Inc.
- Enron Prize for Distinguished Public Service
- Enron's influence on politics
- "Women of Enron"
- 2024 satirical reboot and meme coin
- See also
- Notes
- References
- Bibliography
- External links
- Data
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1985 establishments in Nebraska2007 disestablishments in TexasCompanies based in HoustonCompanies formerly listed on the London Stock ExchangeCompanies formerly listed on the New York Stock ExchangeCompanies formerly traded over-the-counter in the United StatesCompanies that filed for Chapter 11 bankruptcy in 2001Defunct companies based in Omaha, NebraskaDefunct companies based in TexasDefunct energy companies of the United States
