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  1. www.forbes.com › profile › paul-fosterPaul Foster - Forbes

    3 days ago · Having made over $300 million, the superstar athlete is approaching two decades in the NBA and, moving forward, Paul aspires to own a WNBA franchise, and at least 61 shares of energy company...

    • Chairman
  2. Paul L. Foster is an American businessman who is the CEO of Franklin Mountain Investments. He is the founder and former chairman of Western Refining, [1] a Fortune 200 and Global 2000 oil refiner and marketer based in El Paso, Texas. [2]

    • Alejandra de la Vega
    • CEO of Franklin Mountain Investments, former Chairman of Western Refining
  3. Apr 5, 2024 · El Paso businessman Paul Foster’s wealth has declined slightly, according to Forbes Magazine’s latest list of the world’s billionaires. Foster’s wealth was estimated at $1.6 billion as of March...

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    • Hundreds of Potential Drilling Sites in Acreage
    • Partners First Formed Franklin Mountain Capital
    • Accountant to Billionaire Oilman

    The 8,321 acres of leases are in New Mexico's Lea and Eddy counties, which are in the Hobbs and Carlsbad areas. The acquisition makes Franklin Mountain Energy the largest, private leaseholder of contiguous acreage across two "geologically-rich" areas in Lea County, Foster said. "With mostly undeveloped federal acreage and multiple geologic targets,...

    FME is an affiliate of Franklin Mountain Capital, or FMC, which is focused on investments in all aspects of the oil and gas industry, Beyersdorfer said. FMC is headquartered in Scottdale, Ariz., because Beyersdorfer and some of the other partners live in that area, Foster said. The company opened its office in 2017, but it didn't legally become a c...

    Foster is a former accountant who essentially launched Western Refining in 2000, when it bought half of an El Paso oil refinery and then bought the other half in 2003 from Chevron Corp. He took the company public in 2006. Western was sold to San Antonio's Andeavor last year for $5.8 billion. In May, Andeavor agreed to be sold to Ohio-based Marathon...

    • Business Reporter
  5. Jan 25, 2019 · El Paso billionaire Paul Foster is buying a West Texas ranch for $32.5 million through a bankruptcy sale. A federal bankruptcy court judge in Fort Worth on Friday approved selling the ranch to...

    • Business Reporter
  6. paulfosterfamilyfoundation.com › paul-l-fosterPaul L. Foster

    Paul L. Foster is the founder and CEO of Franklin Mountain Investments, a diversified investment and operating company. ‍.

  7. Paul L. Foster is a member of the Federal Reserve Bank of Dallas Energy Advisory Council. Foster is the founder and chief executive officer of Franklin Mountain Investments, LLC, and its affiliated companies. He is also the founder and former executive chairman of Western Refining Company, Inc. and former chairman of Western Refining Logistics, LP.

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