Enron Creditors Recovery Corp. · Houston, TX United States
Company Description
Phone: 713-853-6161
Fax: 713-853-3129
Rankings
- #5 in FORTUNE 500
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This link will open in a new window Enron Creditors Recovery Corp. is a shell of the formerly Enron Corp. (once the world's #1 energy trader) and is shelling out the remaining assets of the bankrupt Enron to creditors. Once the largest buyer and seller of natural gas and electricity in the US, Enron also traded numerous other commodities. Enron has sold its North American power utility and gas pipeline assets, and its global interests in utilities and power plants. In 2006 former executives Ken Lay and Jeff Skilling were found guilty of the charges in the corporate scandal that led to Enron's demise. Lay died suddenly and the conviction against him was vacated. Skilling was sentenced to more than 24 years in prison. To read the full description, subscribe now.
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Key Enron Creditors Recovery Corp. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 10,000 |
Enron Creditors Recovery Corp. Executives
7 executives listed for Enron Creditors Recovery Corp.'s Houston, TX location.
| Title | Name & Bio | Contact |
| Chairman and President | John Ray | Network |
| Vice Chairman | Robert Deutschman | Network |
| CFO | Richard Lydeker | Network |
Competition
Competitive Landscape for Enron Creditors Recovery Corp.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Enron Creditors Recovery Corp. Competitors
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