Three Rivers Natural Resource Holdings IV LLC
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Three Rivers Natural Resource Holdings IV LLC - overview
Established
2018
Location
Austin, TX, US
Primary Industry
Oil & Gas
About
Three Rivers Natural Resource Holdings IV LLC focuses on the exploration and production of oil and natural gas, primarily targeting upstream and midstream assets in the Permian Basin. Three Rivers Natural Resource Holdings IV LLC, headquartered in Austin, US, is engaged in the exploration and production of oil and natural gas. The company is privately held and has not undergone any significant business pivots since its inception. Founded in 2018, it has one recorded deal, with the most recent deal occurring on February 7, 2019.
The company received a total investment of USD 500 mn during its GROWTH round led by Riverstone Holdings. The current CEO is Michael Wichterich. Three Rivers Natural Resource Holdings IV LLC specializes in the exploration and production of oil and natural gas, concentrating on upstream and midstream assets in the Permian Basin. Its services encompass the acquisition and development of oil and gas properties, along with well operations for efficient extraction and transportation.
The company supports energy companies and industrial clients that depend on reliable oil and natural gas supplies, primarily across markets in the United States. Three Rivers Natural Resource Holdings IV LLC has achieved substantial revenue, with total sales proceeds exceeding USD 3 bn through strategic acquisitions and efficient operations in the oil and natural gas sector. Business transactions mainly involve direct sales to energy firms and industrial clients requiring oil and natural gas, structured through contracts defining pricing and delivery. The firm focuses on establishing long-term partnerships to ensure consistent returns from its operations.
The company plans to leverage the USD 500 mn raised in February 2019 to enhance its operational capabilities and expand its market reach. This funding will support ongoing exploration projects and the development of new products tailored to meet increasing energy demands. Additionally, Three Rivers aims to expand its presence within the Permian Basin and potentially in other U. S.
regions to capture emerging market opportunities.
Current Investors
Riverstone Holdings
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Oil & Gas Exploration and Production
Website
www.3roc.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Three Rivers Natural Resource Holdings IV LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Three Rivers Natural Resource Holdings IV LLC | - |
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