Early Life and Education
Timothy Clare Headington was born in 1950. His father was a geologist, which inspired Headington's early interest in the energy sector. He attended the University of Oklahoma on a tennis scholarship, earning a bachelor's degree in history. He later pursued graduate degrees in theology and psychology at Fuller Theological Seminary and completed a psychology residency.
Rise to Success in Oil and Gas
Headington founded Headington Oil in 1978 in Oklahoma City. In 1984, the company moved its headquarters to Dallas. Under his leadership as President and sole shareholder, Headington Oil became a significant player in the oil and gas industry. A pivotal moment in his career was the sale of acreage in North Dakota's Bakken oil play to XTO Energy in 2008 for $1.85 billion.
Ventures Beyond Oil
Beyond the oil industry, Headington has diversified his interests, making significant contributions to the film industry. He co-founded GK Films and has been involved in producing several award-winning films, including "Hugo," "World War Z," and "In the Land of Blood and Honey". Additionally, Headington has invested in real estate, notably contributing to the revitalization of downtown Dallas through projects like The Joule hotel and the Drakestone apartment building.
Philanthropy
Headington is actively involved in philanthropy, supporting arts, education, and health initiatives through his personal efforts and various family foundations. He co-founded the Headington Institute, a non-profit organization providing support for first responders and caregivers experiencing emotional trauma.