Illustration: Michael Marsicano for Bloomberg Markets
Markets Magazine
A Father-Daughter Dynasty Looms Large in Texas Oil and Politics
Tom and Christi Craddick wield influence in the energy industry while also owning a piece of the action.
In the West Texas oil capital of Midland, Tom Craddick’s name is everywhere.
The Nadine and Tom Craddick Highway helps drivers skirt the (not-very-heavy) traffic downtown. At the local hospital, physicians’ suites occupy the two-story Craddick Medical Office Building. And at Midland College, on the north side, you’ll find Craddick Hall, named for a local oil kingpin who also happens to be the longest-serving state legislator in Texas history.