86-year-old Endeavor Energy Resources founder Autry Stephens, US's richest oilman, passes away after selling his company to Diamondback Energy for $26bn.

86-year-old Autry Stephens, US's richest oilman and founder of Endeavor Energy Resources, passed away after being diagnosed with prostate cancer. He sold Endeavor to Diamondback Energy for $26bn in 2024, which became the third-largest oil producer in the Permian Basin. Stephens, a petroleum engineer, founded Endeavor in 1979 and created 1,800 jobs, producing a vital product for the country's wellbeing.

8 months ago
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