Enervest, LTD.
EnerVest, Ltd. is a Houston-based private equity firm and operator specializing in U.S. oil and natural gas assets. Founded in 1995, the firm employs hundreds of field and office personnel and operates thousands of wells—primarily in Texas and Virginia—on behalf of itself and institutional partners. EnerVest is one of the largest independent operators in this sector, serving institutional investors including endowments and pensions.
Investment Strategy
EnerVest’s core strategy centers on acquiring, developing, and efficiently operating oil and gas properties across North America. The firm targets both high-impact oil reserves and long-lived natural gas reserves through platform acquisitions and bolt-on deals in established basins. EnerVest actively manages assets for its investors with a focus on operational efficiency, cost control, and maximizing production and value despite commodity market swings. The firm’s institutional fund strategy historically included leverage and active portfolio management, but in recent years has emphasized controls and risk management after weathering market downturns.
Top Holdings
Equity Positions (1)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) | 
|---|---|---|---|---|---|---|---|
| MMGY | MAGNOLIA OIL & GAS CORP | 100.00% | $47.2M | 2,099,403 | $11.21 | $22.48 | -$5.8M |