No Downturn Here: Hilcorp Gives $100K Bonus to Every Employee

hilcorp logoHilcorp Energy, owned by billionaire Jeffery Hildebrand and founded in 1989, is one of the largest privately-held oil and natural gas exploration and production companies in the United States. Hilcorp is the largest oil producer in Louisiana. The company operates along the Gulf Coast of Texas and Louisiana, in Alaska and in the Marcellus/Utica Shale–in eastern Ohio and western Pennsylvania. Hilcorp is an important driller in our neck of the woods. The company is headquartered in Houston, TX and employs over 1,350 employees. Since the company is privately held and no one really knows much about its ownership, most people believe Hildebrand keeps all of the company’s stock for himself. But that doesn’t mean he doesn’t reward his employees. During one of the worst downturns in the industry in a generation (2015), Hildebrand is handing out a $100,000 bonus to each employee this Christmas. Talk about generous! Holy smokes. No wonder Hildebrand’s employees are some of the most loyal and hardworking in the business…

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