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.
Ranked: Best Oil & Gas Downstream companies in Texas
| # | Company | Disclosed funding | Last round | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Empire Petroleum Wholesale distributor of motor fuels and convenience store operator | $336M | 94 mo ago | 450 | 1998 | — | — | — |
| 2 | Western Refining Diversified investment firm specializing in real estate, private equity, and other sectors | $300M | 136 mo ago | 1,453 | 1997 | — | — | — |
| 3 | ENGIE Provider of integrated renewable and low-carbon energy solutions | $155M | 89 mo ago | 3,101 3,101 → 3,266 (+5%) | 1981 | Frank Demaille CEO | — | 1 internship · 2 partnerships |
| 4 | Triten Energy Partners Downstream infrastructure investment company | $150M | 81 mo ago | — | 2019 | — | — | — |
| 5 | IPR Group of Companies Vertically integrated oil & gas company | $100M | 226 mo ago | — | 2000 | M.K. Dabbous CEO | — | — |
| 6 | Verde 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 | $70M | 18 mo ago | — | 2007 | Ernest Miller Chief Executive Officer | — | — |
| 7 | Prometheus Energy Downstream LNG company | $59M | 159 mo ago | 32 | 2008 | Jim Aivalis CEO | — | — |
| 8 | CDM Resource Management Natural gas compression and treatment services | $50M | — | 245 | 1997 | — | — | — |
| 9 | network international Network International is a global online marketplace that connects buyers of oil and gas assets with sellers… | $48M | 315 mo ago | 10 | 1999 | — | — | — |
| 10 | Nacero Producer of low-carbon methanol and sustainable biofuels | $35M | 89 mo ago | 48 | 2015 | — | — | — |
| 11 | Accelergy Corporation Clean, low-carbon synthetic liquids and transportation fuels for global markets | $29M | 120 mo ago | 3 | 2003 | John Rockwell CEO & President | 75 patents Biomass biorefinery converting waste to biofuels and biofertilizers, including cyanobacterial products. | — |
| 12 | Blue Roads Solutions Liquefied natural gas distribution company | $25M | 129 mo ago | — | 2013 | Andy Pujats Founder | — | — |
| 13 | Meritum 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 | $15M | 12 mo ago | 26 | 2015 | Rob Chalmers Co Founder Executive Vice President & CFO | — | — |
| 14 | Texican Crude & Hydrocarbons Provides natural gas logistics services | $8M | 143 mo ago | — | 2012 | Robert L. Blevins Chairman & CEO | — | — |
| 15 | Noble Petro Commercial distributor and supplier of refined petroleum products | $3M | 101 mo ago | — | 1990 | Thomas Kivisto CEO | — | — |
| 16 | NatG CNG Solutions Provider of alternative fuel systems and service for fleet operators | $2M | 127 mo ago | 11 | 2007 | Balu Balagopal Co-Founder & CEO | — | — |
| 17 | TPC Group Producer of petrochemical products and provider of related services | $1M | 89 mo ago | 482 482 → 779 (+62%) | 1943 | — | 211 patents Patents concentrated in chemistry & materials | 1 award |
| 18 | DeepDriver Provider of pipeline initiations, floating structures, and soil sampling services | $360K | 163 mo ago | — | 2010 | William Zakroff Co-Founder & CEO | — | — |
| 19 | Magna Resources Engages in vertical integrated oil & gas business | $320K | 168 mo ago | 8 | 1995 | — | — | — |
| 20 | Lighthouse Petroleum Provider of oil & gas services | $98K | 168 mo ago | — | 2012 | Todd Violette CEO | — | — |
| 21 | Barnwell Industries Provider of natural gas exploration, development and production services | — | 6 mo ago | 36 | 1956 | Morton Kinzler Co-Founder & Chairman | — | — |
| 22 | Chevron Provider of oil & natural gas exploration, production, and refining services | — | 11 mo ago | 134 | 1999 | — | 45 patents Advanced hydrocarbon processing, catalytic conversion, and emissions capture technologies for energy production. | — |
| 23 | Oxy Provider of integrated petroleum services | — | 30 mo ago | 12,570 12,570 → 16,348 (+30%) | 1920 | Vicki 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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- Dec 2024Post IPO$50M
- Feb 2024Post IPO$20M
#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.
#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.
#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.
#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.
- Jan 2019PE—
#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.
- Feb 2013Series D$10.5M
- Jul 2012Series C$3M
- Oct 2011Series C$6M
- Sep 2011Grant (prize money)$900K
#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.
- Aug 2007Conventional Debt$100M
#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.
- Jun 2016Series B$1000K
- Jan 2015Series B$1.1M
- Apr 2011Grant (prize money)$1.3M
- Sep 2009Grant (prize money)$200K
#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.
#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.
Funding & investor landscape
Notable founders
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