What Sets Us Apart
What Sets Us Apart
Proven Track Record
EnCap has been a significant source of capital to the upstream and midstream sectors of the oil and gas industry since 1988. We have successfully managed more than 240 oil and gas companies through multiple hydrocarbon cycles, experiencing consistent, strong returns and limited losses. The firm has raised 21 institutional funds totaling more than $37 billion and currently manages capital on behalf of more than 350 domestic and international investors including public and private pension funds, insurance companies and university endowments and foundations.
Consistent Strategy, Focus & Discipline
EnCap believes the landscape for investment in oil and gas remains compelling. EnCap is focused on an economics-driven, value-oriented investment approach, with a particular emphasis on assisting the firm’s portfolio companies in managing risk and adapting to market dynamics. We also continue to identify segments of the energy market that offer the most attractive opportunities, including opportunities created by the created by the global transition to a lower-carbon energy system, including power generation via solar, wind and natural gas opportunities enhanced by the implementation of low-cost, proven battery storage systems.
We are distinguished by our ability to fine tune elements of our overall strategy to adapt to hydrocarbon pricing cycles and market dynamics while adhering with patience and discipline to the risk management and investment principles that have guided our firm and produced top-tier returns for more than 30 years.
Expertise, Experience & Continuity
EnCap Investments’ seasoned professionals have extensive experience in the energy arena. EnCap is led by seven principals, the four founding partners and three additional managing partners. The founders have led EnCap since inception and have a professional working relationship that spans more than 35 years, while the three other managing partners have an average of 28 years of industry-related experience, including an average of more than 15 years tenure at EnCap. In addition to the managing partners, the firm has six additional partners with an average of more than 21 years of related oil and gas experience and an additional 20 oil and gas professionals on its investment staff, including six petroleum engineers.
The midstream side of our business is managed by EnCap Flatrock Midstream. The EnCap Flatrock Midstream team is led by the three Flatrock founders — Dennis F. Jaggi, William R. Lemmons, and William D. Waldrip — and three additional managing partners — Gregory C. King, David J. Kurtz and Sam Pitts. The Flatrock founders have worked together for the majority of the past 30 years. With several petroleum engineers on both the upstream and midstream staffs, EnCap has strong technical expertise across the engineering, geological and geophysical aspects of every client’s asset mix.
Our Energy Transition efforts are led by a team of highly qualified executives with a proven track record of value creation in the electric power and alternative energy space and an extensive network of relevant industry contacts. Jim Hughes, Tim Rebhorn, Shawn Cumberland and Kellie Metcalf worked together at Prisma Energy and other firms before joining Encap. The Energy Transition team has more than 110 years of combined experience building successful teams in the power and renewable sectors, including over 80 years of executive level experience in project origination and development, M&A and finance, risk management, power trading and marketing, operations and administration.
Partner of Choice for Exceptional Industry Management Teams
EnCap invests in proven management teams with demonstrable track records and compelling business plans. We look for the ability to manage complex companies during periods of rapid growth and a desire to work closely with a value-added partner. EnCap’s principals, partners and investment professionals work in partnership with management teams to address strategic issues including capital allocation and structure, hedging policies and exit alternatives. Capital is advanced as portfolio companies present compelling opportunities and successfully execute their plans. We are pleased to have a lengthy history of re-backing successful teams in subsequent ventures.