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Ambit Energy
Business Summary
Ambit Energy L.P. is a privately-held retail electricity and natural gas provider. Ambit Energy utilizes an innovative independent consultant system to market its business. Founded in 2006 by Jere Thompson, Jr. and Chris Chambless, Ambit Energy is headquartered in Dallas, Texas.
Overview & Corporate Organization
Basic Information
| Year Founded: | 2006 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Dallas |
| State/Province: | Texas |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.ambitenergy.com |
Corporate Organization
| Parent Companies: | Ambit Energy Holdings, LLC |
| Founders: | Jere Thompson Jr. Chris Chambless |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Retail > Direct Sales |
| Energy & Utilities (Traditional) > Non-Utilities > Electric Power Generation & Distribution |
| Energy & Utilities (Traditional) > Utilities > Gas Utilities |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Ambit Energy fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Ambit Energy financials to Excel and create your own graphs.)
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Ambit Energy Revenues ($ MM): |
Ambit Energy Total Employees: |
Ambit Energy Productivity (Revenue/Employee) ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Oct. 2008 | Completed | View1 | View | Acquisition | View |
| 1 | Commerce Energy Group, Inc. (AMEX:EGR)...Read More → |
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Detailed Business Description: Ambit Energy
Summary
Ambit Energy L.P. is a privately-held company that specializes in retail electricity and natural gas provision. Founded in 2006 by Jere Thompson, Jr. and Chris Chambless as a direct response to Energy Deregulation in Texas, Ambit Energy is one of the fastest growing companies trying to take advantage of the “Energy Gold Rush.” As of 2012, the company provides services in 6 states.
Revenues
Ambit Energy was one of the fastest growing U.S. startup companies in 2010, displaying an astonishing estimated 850% increase in revenues since 2007. The growth is expected to persist for years to come. At the current rate, Ambit will possibly rival powerhouse energy companies such as Con Edison in the near future. Entering the market at an opportune time, Ambit Energy is prepared to take full advantage of the recently opened monopolistic market.
The company’s success arises from its Independent Consultant Program. In short, the program allows anyone to start a business… Continue Reading →
Supplemental Resources
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