Aera Energy Revenue and Competitors

Location

N/A

Total Funding

Energy/Oil

Industry

Estimated Revenue & Valuation

  • Aera Energy's estimated annual revenue is currently $420.5M per year.(i)
  • Aera Energy's estimated revenue per employee is $343,000

Employee Data

  • Aera Energy has 1226 Employees.(i)
  • Aera Energy grew their employee count by -12% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$153.7M4942%$78MN/A
#2
$6.5M33-3%N/AN/A
#3
$6.9M353%N/AN/A
#4
$1.1M9-44%N/AN/A
#5
$1.5M10-23%N/AN/A
#6
$6.1M310%N/AN/A
#7
$4.3M25-4%N/AN/A
#8
$29.9M1223%N/AN/A
#9
$99.5M3252%N/AN/A
#10
$28.7M1176%N/AN/A
Add Company

Aera Energy LLC is California's leading oil and gas producer, operating properties extending from the LA Basin in the south to Coalinga in the north. With headquarters in Bakersfield,Calif,Aera Energy employs about 1,100 people &hundreds of contractor companies. We produce approximately 250,000 barrels of oil and 90 million cubic feet of natural gas each day and have proved oil and natural gas reserves equivalent to one billion barrels of oil. Aera Energy, which began operating June 1,1997, consists of the California onshore and offshore exploration and production (E & P) assets formerly operated by CalResources LLC (a Shell Oil Company affiliate) & Mobil Exploration and Producing US Inc. (a Mobil Corporation affiliate). On November 1, 1998, the onshore California E&P properties of ARCO Western Energy were transferred to Aera Energy by Mobil, following a property exchange between Mobil and ARCO. Today Aera Energy is jointly owned by Shell and ExxonMobil & is governed by its own board of managers.The company & its owners represent more than 75 years of industry leadership and commitment to California. The California-based refining, retail petroleum marketing and pipeline operations of Shell & ExxonMobil are not included in Aera Energy.

keywords:N/A

N/A

Total Funding

1226

Number of Employees

$420.5M

Revenue (est)

-12%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Aera Energy News

2022-03-30 - Aera challenges governor's fracking ban

Bakersfield-based oil producer Aera Energy LLC filed a lawsuit this week that makes it at least the fourth entity attempting to overturn the...

2022-03-22 - Oil Giant Aera Energy Drops $5 Million To Fight Measures A ...

Recently released campaign documents reveal oil giant Aera Energy, owned jointly by Exxon and Shell Oil, has spent $5 million to fight...

2022-03-22 - Oil company gives $5M to defeat referendums in county

The campaign committee trying to block the new rules from taking effect reported receiving the contribution Monday from Aera Energy LLC,...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$500.9M13258%N/A
#2
$300M13348%N/A
#3
$416M14154%N/A
#4
$596.9M1579N/AN/A
#5
$468.5M185912%N/A