Enron: American energy company

Enron Creditors Recovery Corporation (formerly Enron Corporation, NYSE ticker symbol ENE) was an American energy company based in Houston, Texas.

Enron used to have around 22,000 people before it went bankrupt in late 2001. In 2001, it was revealed that people in Enron were involved in accounting fraud. The company closed in 2007.

Enron Corporation
Company typePublic
NYSE: ENE
IndustryEnergy
Predecessor
  • InterNorth (Northern Natural Gas Company)
  • Houston Natural Gas
  • merger in 1985
Founded1985 (1985) in Omaha, Nebraska, United States
FounderKenneth Lay
Defunct2001 (2001)
FateBankruptcy
Successor
  • Dynegy
  • Prisma Energy International
  • J.M. Hansen Corporation
Headquarters
1400 Smith Street
Houston, Texas
,
United States
Area served
United States, India, Caribbean, Brazil
Key people
  • Kenneth Lay (Founder, Chairman and CEO)
  • Jeffrey Skilling (former President, COO, and CEO)
  • Andrew Fastow (former CFO)
  • Rebecca Mark-Jusbasche (former Vice Chairman, Chairman and CEO of Enron International)
  • Jason Paxton (Interim CEO and CFO)
ServicesEnergy
Revenue$100.789 billion
$979 million
Total assets$67.503 billion
Number of employees
29,000 (2001)
DivisionsEnron Energy Services (EES) Enron Xcelerator


Tags:

EnergyEnron scandalHouston, TexasNew York Stock ExchangeTexasUnited States

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