Dan K. Eberhart (born ) is chief executive officer of
Canary, LLC Canary, LLC is an oilfield services company with headquarters in Denver, Colorado. The company became the sixth largest wellhead company in the United States when Frontier Energy Group, LLC acquired Canary Wellhead Equipment Inc.
, a
Denver, Colorado
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...
Georgia
Georgia most commonly refers to:
* Georgia (country), a country in the Caucasus region of Eurasia
* Georgia (U.S. state), a state in the Southeast United States
Georgia may also refer to:
Places
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* Related to the ...
and holds a degree in economics and political science from
Vanderbilt University
Vanderbilt University (informally Vandy or VU) is a private research university in Nashville, Tennessee. Founded in 1873, it was named in honor of shipping and rail magnate Cornelius Vanderbilt, who provided the school its initial $1-million ...
and a Juris Doctor from
Tulane Law School
Tulane University Law School is the law school of Tulane University. It is located on Tulane's Uptown campus in New Orleans
New Orleans ( , ,"Senior Management" Canary website. Accessed April 9, 2014.Oil and Gas Financial Journal Staff January 21, 2013. He moved from
Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona, with 1 ...
, after graduating from law school and working for just three weeks before
Hurricane Katrina
Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the cost ...
hit.
Career
Eberhart's company, Canary, installs and services wellheads at drilling locations across the continental United States.Pickrell, Emily "Q&A: giving head – wellheads that is, With the buyout of Odessa company, Denver-based Canary increases its presence in Lone Star State" ''Houston Chronicle'', February 21, 2014. Eberhart's private equity firm, Eberhart Capital, LLC, has been involved in a total of 12 acquisitions since 2007, from several different sectors of the economy, primarily in the oil and gas industry.
Eberhart got his start as an entrepreneur when he left his job at a Houston-based international oilfield service company and purchased Frontier Wellhead & Supply Co. in January 2009.Proctor, Cathy ''Denver Business Journal'', February 1, 2013. From 2009 to 2012, he added seven acquisitions of oilfield services companies to Frontier.Wysocky, Ken "You need it? We do it" , ''Gas, Oil, and Mining Contractor'', May 2012.
In January 2013, he purchased
Oklahoma City, Oklahoma
Oklahoma City (), officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 20th among United States cities in population, and ...
-based rival, Canary Wellhead Equipment Inc., for less than $100 million.Lefebvre, Ben "Frontier Energy Buys Canary Wellhead, Furthers Oilfield M&A" ''The Wall Street Journal'', January 14, 2013. The combined Frontier Wellhead and Canary Wellhead is headquartered in Denver, Colorado, and operates under the name Canary, LLC.Chambers, Kelley OKC.biz, January 16, 2013. The company has annual revenue of $100 million. Eberhart serves as CEO. The company is now the sixth-largest privately owned oilfield service company and the largest independent wellhead service provider in the United States.Proctor, Cathy ''Denver Business Journal'', September 20, 2013.Dupre, Robin "Canary Soars to Shale Stardom" ''Rigzone'', January 30, 2013.
Before he purchased Frontier Wellhead, Eberhart was the vice president of acquisitions for Greene's Energy Group, LLC. He also served as Vice President of Acquisitions for Greene's Energy Group, LLC.
Eberhart's investment company, Eberhart Capital, LLC, owns Canary and his other companies. Its acquisitions include Unitherm Furnaces, LLC, a Missouri-based industrial furnace maker acquired in January 2014.Sunnucks, Mike ''Phoenix Business Journal'', January 31, 2014. Eberhart Capital also owns Precision Pipeline, Inc., and Twin Express trucking. The company previously owned Luft Machine, a manufacturing company."Luft Machine splits from Canary" ''Journal-Advocate'', January 28, 2014. In July 2014, Eberhart acquired Contractor Sales and Services, an industrial construction equipment rental company based in Des Moines, Iowa.
Eberhart Capital is based in Scottsdale, Arizona, and has more than $100 million in assets and $200 million in revenue.
Public advocacy
Eberhart's oil and gas expertise and manufacturing experience has landed him a spot on several U.S. trade missions, including visits to Mozambique, Ghana, and Nigeria. He has served as an oil and gas industry consultant in North America, Asia, and Africa, earning him a place in
Hart Energy
Hart Energy, based in Houston, publishes online newspaper
An online newspaper (or electronic news or electronic news publication) is the online version of a newspaper, either as a stand-alone publication or as the online version of a printed pe ...
's “30 Under 40” list.
Eberhart's knowledge of geopolitical energy issues and oil prices has led to
CNN
CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the M ...
,
Fox News
The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is owne ...
, and
CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...
interviews, among other news outlets. He is a regular contributor to ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' and a frequent guest on national and regional talk radio. Eberhart's commentaries on energy dominance and the economy have appeared in ''
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Econo ...
'', ''
Washington Examiner
The ''Washington Examiner'' is an American conservative news outlet which consists principally of an online/digital website with a weekly magazine, based in Washington, D.C. It is owned by MediaDC, a subsidiary of Clarity Media Group, which is ow ...
'', and other major publications. Eberhart is author of ''The Switch'', a 2015 exploration of the potential economic and geopolitical benefits to the United States of achieving a greater energy self-sufficiency due to
hydraulic fracturing
Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid. The process involves the high-pressure injection of "frack ...
and
horizontal drilling
Directional drilling (or slant drilling) is the practice of drilling non-vertical bores. It can be broken down into four main groups: oilfield directional drilling, utility installation directional drilling, directional boring (horizontal dire ...
Tom Ridge
Thomas Joseph Ridge (born August 26, 1945) is an American politician and author who served as the Assistant to the President for Homeland Security from 2001 to 2003, and the first United States Secretary of Homeland Security from 2003 to 2005. ...
, former Governor of Pennsylvania and First U.S. Secretary of Homeland Security, on the geopolitical value of expanding U.S. crude exports as a foreign policy tool. Eberhart was frequently quoted in the media when the ban was lifted.
In 2020, Eberhart wrote Switching Gears, a nonfiction book discussing the benefits and disadvantages of
electric vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes cha ...
s compared to internal combustion vehicles.
Political activity
Eberhart is a major donor to the Republican Party and to conservative causes. He was a major contributor to the election campaigns of U.S. Senators
Cory Gardner
Cory Scott Gardner (born August 22, 1974) is an American attorney, lobbyist, and politician who served as a United States senator from Colorado from 2015 to 2021. A Republican, he was the U.S. representative for Colorado's 4th congressional distr ...
(R-CO),
James Lankford
James Paul Lankford (born March 4, 1968) is an American politician serving as the junior United States senator from Oklahoma since 2015. A member of the Republican Party, he previously served as the U.S. representative for from 2011 to 2015.
...
(R-OK), and Congressman
Kevin Cramer
Kevin John Cramer (born January 21, 1961) is an American politician who has served as the junior United States senator for North Dakota since 2019. A member of the Republican Party, he represented North Dakota's at-large congressional district ...
(R-ND). He also donated the individual maximum to the
Donald Trump campaign There have been four presidential campaigns waged by Donald Trump for President of the United States. He has additionally mused about running on several other occasions.
Donald Trump presidential campaign may refer to:
* Donald Trump 2000 presid ...
. He was a prominent supporter of the Trump Victory rule change, allowing ultra-wealthy donors to increase their cap on campaign donations to Trump's reelection campaign and stating, "(Trump's) ability to accept the mega
MAGA
Maga or MAGA may refer to:
MAGA
* Make America Great Again, a political slogan famously used by Donald Trump
* Museo MAGA, a modern-art museum in Gallarate, Italy
* ''maga'', the logo of the Cornish Language Partnership, an organisation promot ...
check is another nail in the eventual Democratic nominee’s coffin — and it’s a big nail." He later called Trump "divisive" and urged for a "unifier in chief," though has been highly critical of President Joe Biden and other in his cabinet, such as
Pete Buttigieg
Peter Paul Montgomery Buttigieg ( ; ; Sometimes pronounced or , but not by Buttigieg himself. born January 19, 1982) is an American politician and former military officer who is currently serving as the United States secretary of transp ...
.
Organizations
Eberhart is a member of the North Dakota Petroleum Council and the Colorado Oil & Gas Association. He is also a director at the
Los Angeles World Affairs Council The Los Angeles World Affairs Council & Town Hall (LAWACTH), the Los Angeles office within the national network of World Affairs Councils of America
The World Affairs Councils of America is a network of 93 autonomous and nonpartisan councils acr ...
."About Us" Los Angeles World Affairs Council website on web.archive.org. Accessed April 16, 2014.