Encap Investments
9651 Katy FwyHouston, TX 77024
Website: encapinvestments.com
Firm Size
- Assets Under Management (AUM):$28.1 Billion
- Number of Funds:24
- Employees:
- Firm Type:Venture Capital
- Focus Areas:
Energy
Description
ENCAP Investments L.P. is a private equity firm based in Houston, Texas. The company primarily focuses on investments in the energy sector, particularly in midstream and upstream oil and gas companies. ENCAP Investments L.P. provides capital and strategic guidance to its portfolio companies, helping them to grow and achieve their financial and operational goals. With a team of experienced professionals, the firm aims to deliver strong returns to its investors by identifying and partnering with promising energy companies. Overall, ENCAP Investments L.P. plays a significant role in the energy industry by supporting and fueling the growth of innovative companies in Houston, TX.Latest News
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Nov 13, 2023: Mach Natural Resources Adds Accretive Acquisition in Anadarko Basin
Mach Natural Resources LP (NYSE: MNR) ("Mach" or the "Company") signed an agreement with Paloma Partners IV, LLC, a privately-held Delaware limited liability company backed by EnCap Investments and its affiliated companies (the "Sellers"), to acquire certain interests in oil and gas properties, rights and related assets located in certain counties in Oklahoma for a total cash consideration of $815 million , subject to customary terms, conditions, and closing price adjustments (the "Acquisition"). The Acquisition is expected to close December 29, 2023 , with an effective date of September 1, 2023 .
Sep 11, 2023: Ovintiv Announces Secondary Offering of Common Stock by a Selling Stockholder
Jun 12, 2023: Ovintiv Announces Closing of Midland and Bakken Transactions & Inclusion in S&P 400 Index
May 18, 2023: Kimbell Royalty Partners Boosts 2023 Production Guidance
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 16 million gross acres in 28 states, today announced updated 2023 guidance. The revised guidance is in connection with the previously announced closing of the purchase of mineral and royalty interests held by MB Minerals, L.P., a subsidiary of Sabalo Holdings, LLC (a portfolio company of EnCap Investments), in a cash and unit transaction valued at approximately $140.8 million 1 (the "Acquisition"). Kimbell is entitled to all cash flow from production attributable to the Acquisition beginning on and after the effective date of April 1 , 2023. Revenues and certain other operating statistics under generally accepted accounting principles ("GAAP") will be recorded for the Acquisition beginning on the closing date of May 17 , 2023.
May 17, 2023: Kimbell Royalty Partners Closes $141 Million Midland Basin Mineral and Royalty Acquisition
Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in over 16 million gross acres in 28 states, today announced that it has closed the previously announced purchase of mineral and royalty interests (the "Acquired Assets") held by MB Minerals, L.P, a subsidiary of Sabalo Holdings, LLC (a portfolio company of EnCap Investments), in a cash and unit transaction valued at approximately $140.8 million 1 (the "Acquisition"). The purchase price for the Acquisition was comprised of $48.8 million in cash (approximately 35% of the total consideration), approximately 5.4 million common units of Kimbell Royalty Operating, LLC valued at $83.4 million , and approximately 0.6 million newly issued common units of Kimbell Royalty Partners, LP valued at $8.7 million . Kimbell is entitled to all cash flow from production attributable to the Acquired Assets since the effective date of April 1 , 2023. Revenues and certain other operating statistics under generally accepted accounting principles will be recorded for the Acquisition beginning on the closing date of May 17 , 2023.