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Radar · Oil & Gas Downstream in Texas

Best Oil & Gas Downstream Companies in Texas, United States

The 144 best Oil & Gas Downstream companies in Texas, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Empire Petroleum.

144companies tracked
$1.4Bdisclosed funding
0unicorns
9have raised

Ranked: Best Oil & Gas Downstream companies in Texas

#CompanyDisclosed fundingLast roundEmployeesFoundedFounderPatents & IP focusRecent signals
1Empire Petroleum
Wholesale distributor of motor fuels and convenience store operator
$336M94 mo ago4501998———
2Western Refining
Diversified investment firm specializing in real estate, private equity, and other sectors
$300M136 mo ago1,4531997———
3ENGIE
Provider of integrated renewable and low-carbon energy solutions
$155M89 mo ago3,101
3,101 → 3,266 (+5%)
1981Frank Demaille
CEO
—1 internship · 2 partnerships
4Triten Energy Partners
Downstream infrastructure investment company
$150M81 mo ago—2019———
5IPR Group of Companies
Vertically integrated oil & gas company
$100M226 mo ago—2000M.K. Dabbous
CEO
——
6Verde Clean Fuels
Developer of low-carbon gasoline production technologies using natural gas and biomass feedstocks.
40Growth top 38%Funding top 41%Talent top 42%News top 45%
All 8 signals ▾
Growthtop 38%
Fundingtop 41%
Talenttop 42%
Newstop 45%
Globalbottom 37%
Marketbottom 33%
Partnersbottom 32%
Techbottom 28%
Growth: Fresh capital in last 24 mo
Funding: Raised $70.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 40/100
$70M18 mo ago—2007Ernest Miller
Chief Executive Officer
——
7Prometheus Energy
Downstream LNG company
$59M159 mo ago322008Jim Aivalis
CEO
——
8CDM Resource Management
Natural gas compression and treatment services
$50M—2451997———
9network international
Network International is a global online marketplace that connects buyers of oil and gas assets with sellers…
$48M315 mo ago101999———
10Nacero
Producer of low-carbon methanol and sustainable biofuels
$35M89 mo ago482015———
11Accelergy Corporation
Clean, low-carbon synthetic liquids and transportation fuels for global markets
$29M120 mo ago32003John Rockwell
CEO & President
75 patents
Biomass biorefinery converting waste to biofuels and biofertilizers, including cyanobacterial products.
—
12Blue Roads Solutions
Liquefied natural gas distribution company
$25M129 mo ago—2013Andy Pujats
Founder
——
13Meritum Energy
Distributor of propane, fuel, lubricants, and other NGL assets
37Growth top 37%Talent top 38%Tech top 45%Funding top 50%
All 7 signals ▾
Growthtop 37%
Talenttop 38%
Techtop 45%
Fundingtop 50%
Newsbottom 40%
Globalbottom 30%
Marketbottom 29%
Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 37/100
$15M12 mo ago262015Rob Chalmers
Co Founder Executive Vice President & CFO
——
14Texican Crude & Hydrocarbons
Provides natural gas logistics services
$8M143 mo ago—2012Robert L. Blevins
Chairman & CEO
——
15Noble Petro
Commercial distributor and supplier of refined petroleum products
$3M101 mo ago—1990Thomas Kivisto
CEO
——
16NatG CNG Solutions
Provider of alternative fuel systems and service for fleet operators
$2M127 mo ago112007Balu Balagopal
Co-Founder & CEO
——
17TPC Group
Producer of petrochemical products and provider of related services
$1M89 mo ago482
482 → 779 (+62%)
1943—211 patents
Patents concentrated in chemistry & materials
1 award
18DeepDriver
Provider of pipeline initiations, floating structures, and soil sampling services
$360K163 mo ago—2010William Zakroff
Co-Founder & CEO
——
19Magna Resources
Engages in vertical integrated oil & gas business
$320K168 mo ago81995———
20Lighthouse Petroleum
Provider of oil & gas services
$98K168 mo ago—2012Todd Violette
CEO
——
21Barnwell Industries
Provider of natural gas exploration, development and production services
—6 mo ago361956Morton Kinzler
Co-Founder & Chairman
——
22Chevron
Provider of oil & natural gas exploration, production, and refining services
—11 mo ago1341999—45 patents
Advanced hydrocarbon processing, catalytic conversion, and emissions capture technologies for energy production.
—
23Oxy
Provider of integrated petroleum services
—30 mo ago12,570
12,570 → 16,348 (+30%)
1920Vicki Hollub
President and Chief Executive Officer
3 patents
Aquaculture water oxygenation systems for fish populations
2 internships

Top 12 Oil & Gas Downstream companies in Texas

#1
Public · Houston, Texas · founded 2007
$70Mraised
▾

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Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 38%
Funding
top 41%
Talent
top 42%
News
top 45%
Global
bottom 37%
Market
bottom 33%
Growth: Fresh capital in last 24 mo
Funding: Raised $70.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Post IPO (Dec 2024)
Talent: 1 named leader on record · 1 C-suite/founder profile curated · 4 leadership moves in 12 mo
Funding rounds
  • Dec 2024Post IPO$50M
  • Feb 2024Post IPO$20M
Founders & team
Ernest MillerChief Executive Officer
Investors
Cottonmouth Ventures, GCC
#2
Series B · San Antonio, Texas · founded 2015 · 26 employees
$15.2Mraised
▾

Distributor of propane, fuel, lubricants, and other NGL assets. This entity operates a network of distribution assets and provides wholesale fuel solutions leveraging supplier relationships, pipeline access, and rail terminal capabilities. It offers services to businesses of all sizes, emphasizing value, service, safety, and support. The company's supply network and fuel professionals enable it to meet diverse customer needs.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Growth
top 37%
Talent
top 38%
Tech
top 45%
Funding
top 50%
News
bottom 40%
Global
bottom 30%
Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 26 technologies across 4/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 2k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · hiring: propane (LPG) residential sales & market developer, sales manager
Founders & team
Rob ChalmersCo Founder Executive Vice President & CFOChris HillCEO
Tech stack
Apple Icloud MailBootstrapCdnjsCloudflareCloudflare Bot ManagementDraftpress Hfcm
#3
Series F · Dallas, Texas · founded 1998 · 450 employees
$335.9Mraised
▾

Wholesale distributor of motor fuels and convenience store operator. It provides fuel distribution services to a network of dealers and also operates convenience stores. The company offers support services to its dealer network, including a preferred vendor program. It focuses on building relationships with its customers and adding value to their businesses through various partnerships. The business model centers on wholesale fuel distribution and retail convenience store operations, aiming to enhance the success of its dealer network and its own retail locations.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Investors
CYwP Funds, ERA Partners, Sachs Capital, Simon Group Holdings, Mauloa, Riveria Investment Group
Tech stack
Apache Http ServerBootstrapBootstrap IconsCdnjsCloudflareContact Form 7
#4
Acquired · El Paso, Texas · founded 1997 · 1453 employees
$300Mraised
▾

Diversified investment firm specializing in real estate, private equity, and other sectors. This firm makes investments across a range of industries including construction, aviation, sports, restaurants, medical devices, and manufacturing. The investment strategy focuses on building long-term value in diverse business ventures. The firm's approach involves identifying and supporting companies with strong growth potential.

#5
Series D · Houston, Texas · founded 2019
$150Mraised
▾

Operator of a downstream infrastructure acquisition and development company based in Houston, Texas. The company invests through asset acquisitions and development projects that produce end-products for the global refined products, renewable fuels and petrochemical industries, enabling clients to receive a competitive advantage.

Investors
Tailwater Capital
#6
Late Stage · Houston, Texas · founded 1981 · 3101 employees
$155Mraised
▾

Provider of integrated renewable and low-carbon energy solutions. This company develops, constructs, and operates renewable energy projects, including wind, solar, and storage solutions. They also offer wholesale energy marketing, energy supply solutions for commercial and industrial customers, and design and operate decarbonized infrastructure. The company manages the entire lifecycle of clean energy projects, from development and financing to construction, procurement, and operations. They focus on creating economic opportunities and partnerships within the communities where they operate.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 161k LinkedIn followers — 2.4% of this cohort's audience
Activity: 2 partnerships (incl. Aker BioMarine) announced in 12 mo
Funding rounds
  • Jan 2019PE—
Founders & team
Frank DemailleCEOMarco FerrandoChief Executive Officer
Investors
Goldman Sachs Investment Partners
Tech stack
Amazon Web ServicesComplianzGoogle Font ApiGoogle Tag ManagerHstsImperva
#7
Acquired · Houston, Texas · founded 2008 · 32 employees
$59Mraised
▾

Prometheus Energy Company produces, sells, and distributes liquid natural gas (LNG). The company captures methane gas from stranded sources including landfills, stranded gas wells, waste water treatment facilities, agricultural operations, and coal beds and converts it into LNG. It also owns and operates a fleet of LNG tankers and designs, maintains, and operates LNG refueling stations.

Funding rounds
  • Feb 2013Series D$10.5M
  • Jul 2012Series C$3M
  • Oct 2011Series C$6M
  • Sep 2011Grant (prize money)$900K
Founders & team
Jim AivalisCEO
Investors
Kenda Capital, Black River, OSTI, United States Department of Agriculture
Tech stack
WordpressMysqlPhpVimeoWpbakeryYoast Seo
#8
Deadpooled · Irving, Texas · founded 2000
$100Mraised
▾

Operator of an oil and gas exploration and production company. The company is engaged in oil and gas exploration, production, acquisitions, management operations and integrated petroleum engineering, using innovative technologies to enhance and optimize oil and gas production throughout the world.

Funding rounds
  • Aug 2007Conventional Debt$100M
Founders & team
M.K. DabbousCEO
#9
Series B · Houston, Texas · founded 2003 · 3 employees
$28.7Mraised
▾

Clean, low-carbon synthetic liquids and transportation fuels for global markets. The company is a global leader producing direct replacement, low carbon, synthetic distillate liquids and transportation fuels. It utilizes domestic, carbon-based resources like natural gas and biomass to produce cost-competitive liquids with a reduced carbon footprint compared to traditional petroleum-based products. This is achieved without the expensive infrastructure required by many alternative synthetics technologies. The company sets the standard for next-generation synthetics through cleaner technology, changing the way we think about chemicals and fuel. This impacts the energy sector by providing sustainable alternatives.

Funding rounds
  • Jun 2016Series B$1000K
  • Jan 2015Series B$1.1M
  • Apr 2011Grant (prize money)$1.3M
  • Sep 2009Grant (prize money)$200K
Founders & team
John RockwellCEO & President
Investors
Sequoia Capital China, Lux Capital, Nth Power, Mobius Venture Capital, Advent International, Technology Partners
#10
Series B · Houston, Texas · founded 2015 · 48 employees
$34.5Mraised
▾

Producer of low-carbon methanol and sustainable biofuels. This company develops and operates large-scale facilities to produce methanol, which can be utilized as biomethanol, low-carbon methanol, or gray methanol, depending on off-taker requirements. The produced biomethanol meets RED and ISCC certifications, while low-carbon methanol adheres to FuelEU Maritime regulations. The company collaborates with off-takers to fulfill specific sustainability guidelines. Its production methods aim to support decarbonization efforts in hard-to-abate sectors and provide methanol derivatives. The company's focus is on creating sustainable fuels, generating clean energy jobs, and stimulating economic growth.

Investors
GCC, Pindustry
Tech stack
DatocmsReactGatsbyGoogle AnalyticsNetlifyHsts
#11
Acquired · Houston, Texas · founded 1997 · 245 employees
$50Mraised
▾

CDM Resource Management is a subsidiary of Energy Transfer Partners. It provides natural gas contract compression services and natural gas contract processing and treating services and equipment. The company utilizes their patented MQC® (Modular Quik-Connect) design technology for treatment services.

#12
Acquired · Houston, Texas · founded 1999 · 10 employees
$47.5Mraised
▾

Operator of a business-to-business marketplace company focused on petroleum services and equipment. The company's platform facilitates the sale of idle and used energy equipment and supplies from the oil and gas industry through online auctions and bids, thereby enabling business owners to divest their surplus assets conveniently at better prices.

Investors
Morgan Stanley, Warburg Pincus, Goldman Sachs, Raaj Unocal Lubricants, EOG Resources, Ocean Energy

Funding & investor landscape

$1.4Btotal disclosed funding
20companies funded
23disclosed rounds
0rounds last 90 days
Most active investors
FEMA4 rounds
OSTI4 rounds
Alcor Fund2 rounds
Berkshire Hathaway2 rounds
GCC2 rounds
Goldman Sachs2 rounds
Mentor Capital2 rounds
UBS2 rounds
AEA Investors1 rounds
AECOM Capital1 rounds

Notable founders

Ernest Miller
Chief Executive Officer · Verde Clean Fuels
Rob Chalmers
Co Founder Executive Vice President & CFO · Meritum Energy
Chris Hill
CEO · Meritum Energy
Frank Demaille
CEO · ENGIE
Marco Ferrando
Chief Executive Officer · ENGIE
Jim Aivalis
CEO · Prometheus Energy
M.K. Dabbous
CEO · IPR Group of Companies
John Rockwell
CEO & President · Accelergy Corporation
Andy Pujats
Founder · Blue Roads Solutions
Robert L. Blevins
Chairman & CEO · Texican Crude & Hydrocarbons
Thomas Kivisto
CEO · Noble Petro
Balu Balagopal
Co-Founder & CEO · NatG CNG Solutions
Prism market signals · United States · country-scoped Prism corpus, 11,913,654 docs

Market landscape — 10 sub-themes by coverage

Share of Oil & Gas Downstream coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Oil & Gas Downstream companies are there in Texas, United States?
Radar tracks 144 indexable Oil & Gas Downstream companies headquartered in Texas, United States that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Downstream companies in Texas, United States?
The Oil & Gas Downstream companies in Texas, United States on this list have raised a combined $1.4B in disclosed equity funding across 20 funded companies.
Which is the highest-funded Oil & Gas Downstream company in Texas, United States?
Empire Petroleum is the highest-funded Oil & Gas Downstream company in Texas, United States, with $335.9M in disclosed equity funding.
How many Oil & Gas Downstream companies in Texas, United States are funded?
20 of the 144 Oil & Gas Downstream companies in Texas, United States on this list have disclosed at least one equity funding round.
How many Oil & Gas Downstream unicorns are there in Texas, United States?
None of the Oil & Gas Downstream companies in Texas, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Texas, United States Oil & Gas Downstream companies?
The most active investors in Texas, United States Oil & Gas Downstream companies on this list include FEMA, OSTI, Alcor Fund, Berkshire Hathaway, GCC.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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