Looking at the big picture among corporations Enron was one of the newest energy companies around, yet one of the largest if not the largest. The Enron Corporation was formed in 1985 when InterNorth (Omaha, Nebraska) and Houston Natural Gas (Texas) gas pipeline companies merged. The unification of both companies created the largest natural gas pipeline in the United States. The pipeline ownership of both companies added up to 60,000 kilometers (37,000 miles) of pipes. The companies first CEO was Kenneth Lay and both companies decided to leave the main base area in Houston, and it was in1986 when the company first got its name. After the merger, the company had a rapid growth spur that took the company from being a simple gas pipeline to being an international energy trader. In 1989 Enron started to trade gas commodities (chemicals, coal, fiber-optic bandwidth, metals, and paper) and electricity in 1994. In less than ten years of its existence Enron became the largest electricity company in the United Kingdom and United States. As profit started to pile up they started to spread their land wealth internationally. Enron put a gas pipeline in Argentina, and an electric utility headquarters in Portland, Oregon. The electric utility in Portland provides electricity to more than 750,000 customers. In the early 1990's Enron price per share in the stock market was ten dollars and by the end of that decade well in to the 2000 the price per share rose to an amazing $90 per share. In a short span of four years the company reported an increase in profit from $31 billion to $100 billion. In its totality Enron was ranked sixth in classifying the United States" energy companies, which was a really big surprise since Enron had little time of existence. Unfortunately this success was going to get cut short because of greedy executives. .
According to Enron's ex-employees, Enron's fall was a long time in coming.
