Hilcorp History

This article was written by Samuel Phineas Upham

Hilcorp is an energy company that was founded in 1989, and it’s one of the largest independent oil and gas production organizations in the United States. It currently has 1,100 employees and has operations all across the United States, with headquarters in Texas.

Hilcorp makes its money acquiring and exploiting new assets in gas production. It then expands those interests into greater attempts at building resources.

It was started by Jeffrey Hildebrand, who graduated with a bachelor’s degree in Geology in 1981 from the University of Texas. He further studied petroleum engineering, acquiring his master’s degree in 1985.

He started his career with the American Energy Capital Corporation, and then moved on to the Dan A. Hughes Company. He finished his career with Exxon Company until he left to found Hilcorp.

In 2013, Jeffrey Hildebrand was appointed to a six-year term on the University of Texas board of regents by current governor Rick Perry. He is also a member of the board of directors for the University of Texas Investment Management Company.

Hilcorp was voted #15 in Fortune’s list of Top Companies to Work For, and for good reason. Hilcorp recently instituted a program called “Dream 2015,” which promises each employee of the company a total of $100,000 if the company goals are met or exceeded. It also offers scholarships to children of employees, hoping to provide everyone a fair chance.

Hilcorp prides itself on setting clear goals, and providing employees with a compelling incentive to reach those goals. It fosters open communication, and provides one-of-a-kind programs that recognize an employee’s outstanding work ethic.

About the Author: Samuel Phineas Upham is an investor at a family office/hedgefund, where he focuses on special situation illiquid investing. Before this position, Samuel Phineas Upham was working at Morgan Stanley in the Media & Technology group. You may contact Samuel Phineas Upham on his Twitter page.