The company's history goes back to December 18, 1934, when H.L. Hunt founded Hunt Oil Company. Initially, Hunt Oil Company's activities were limited to the East Texas oil field, but over the years, the company grew substantially. Today, Hunt Oil Company can point to successes around the world and has evolved to become part of Hunt Consolidated, Inc.—a family of companies that operates in important new areas unrelated to energy.
Hunt is unique in a number of ways. First, and most obvious, is the fact that Hunt is a family-owned, private company, which affords a number of unique competitive advantages, such as being able to take a truly long-term view when making business decisions.
Another distinguishing characteristic is the emphasis Hunt places on attracting and retaining the most highly qualified personnel possible. The men and women who comprise the Hunt companies are its most important assets.
In terms of day-to-day activities, the company is very proactive and aggressive from an operational point of view, but it balances that strategy with a correspondingly conservative financial philosophy. This is a combination that has served the company well during its eight decades of growth.
The management structure of the family of companies consists of a parent holding company—Hunt Consolidated, Inc. Ray Hunt serves as the executive chairman. As co-CEOs of Hunt Consolidated, Inc., Hunter Hunt manages all energy and infrastructure businesses, and Chris Kleinert manages the company's various financial activities plus all non-energy businesses, including real estate, investments and agribusiness.
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