Aera Energy LLC · Bakersfield, CA United States
Company Description
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Aera Energy covers a large area of California. The state's leading oil and gas producer (accounting for 30% of California's total production), Aera Energy's properties extend from the Los Angeles Basin in the south to Coalinga in the north. It has daily production of 165,000 barrels of oil and 50 million cu. ft. of natural gas and boasts proved onshore and offshore reserves of 800 million barrels of oil equivalent. Aera Energy also has interests in real estate operations (in partnership with homebuilder Toll Brothers ). The exploration and production company is a joint venture of affiliates of Exxon Mobil and Royal Dutch Shell . To read the full description, subscribe now.
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Key Aera Energy LLC Financials
| Company Type | Joint Venture Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $4,000.0 |
| Employees | 1,100 |
Aera Energy LLC Executives
8 executives listed for Aera Energy LLC's Bakersfield, CA location.
| Title | Name & Bio | Contact |
| President and CEO | Gaurdie Banister | Network |
| CFO | Kate Shae | Network |
| CIO | David Walker | Network |
Competition
Competitive Landscape for Aera Energy LLC
Demand for new housing depends on population growth and is linked to low interest rates. Large builders have some advantages in purchasing and marketing, but building methods are essentially the same for large or small builders. While larger builders have efficiencies because they can repeatedly build the same home models, they generally develop projects on large pieces of land. Small builders, therefore, build most homes in dense urban markets where little land is available. To read the full description, subscribe now.Top Aera Energy LLC Competitors
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