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Stock impact report

How Legendary ‘Raider’ T. Boone Pickens Changed the Oil Business—and Every Business [Fortune]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Fortune
Pinterest The Texas oil patch is reeling from the loss of one of its most colorful characters—T. Boone Pickens. The oilman and investor, known for his folksy character and razor-sharp wit, died Wednesday at the age of 91 at his home in Dallas. While he had recently closed his multi-billion dollar energy hedge fund, BP Capital, amid poor performance, Pickens continued his public crusade to end America's dependence on foreign oil through social media. "I knew something was wrong when he didn't come into work on Monday," Jay Rosser, Boone's friend and longtime spokesman, told Fortune Pickens died around noon on Wednesday at his home in Dallas due to natural causes, Mr Rosser said. The once vibrant oil tycoon had suffered a number of strokes in recent years as well as what he said was a "Texas-Sized" fall A business and political maverick, Pickens made both his name and fortune by challenging the establishment. He used his immense wealth to support a lavish lifestyle, which included mansi Show less Read more
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