About Colgate Energy
Colgate Energy is an Energy & Utilities company based in Midland (United States) founded in 2015, and was acquired by Centennial Resource Development in May 2022. Developer of oil and natural gas assets in the Permian Basin. Colgate Energy has raised $75 million across 1 funding round from investors including Centennial Resource Development, Pearl Energy Investments and NGP Energy Capital. Colgate Energy has completed 1 acquisition, including Luxe Energy. Colgate Energy offers products and services including Oil and Gas Exploration and Asset Optimization. Its focus areas include Energy, Oil & Gas Upstream and Exploration and Production. Its legal entity is Permian Resources Corporation.
Company details
Colgate Energy was founded in 2015 and is headquartered in Midland, United States. Operations are centered on the acquisition, optimization, and development of oil and liquids-rich natural gas properties in the Permian Basin. A disciplined investment approach is employed to achieve sustainable returns, supported by a conservative balance sheet. Technical expertise is leveraged to manage high-quality assets, with responsible resource development prioritized to address global energy demands.
- Headquarters Midland, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website colgateenergy.com
- Social LinkedIn
- Acquired by Centennial Resource Development (May 2022)
- Legal Name Permian Resources Corporation
- Total Equity Funding$75M (USD)
in 1 rounds
- Latest Funding Round$75M (USD), Private Equity Round
Feb 2016
- InvestorsCentennial Resource Development
& 2 more
- Investments & Acquisitions
- Acquired byCentennial Resource Development
(May 2022)
Products & Services of Colgate Energy
Colgate Energy offers a comprehensive portfolio of products and services, including Oil and Gas Exploration and Asset Optimization.
Exploration and development of oil and natural gas properties are conducted in the Permian Basin
Optimization of existing assets is performed to drive sustainable returns in the region
Funding Insights of Colgate Energy
Colgate Energy has successfully raised a total of $75M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $75 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $75M
- Total Rounds 1
- Last Round Private Equity Round — $75M
- First Round $75M
(Feb 2016)
- Investors Count 2
All 1 funding rounds of Colgate Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $75M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in Colgate Energy
Colgate Energy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Centennial Resource Development, Pearl Energy Investments and NGP Energy Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Partners with management teams to invest in North American energy sector opportunities. | 2015 | pearl-energy.com | Dallas, United States | |
Sustainable energy infrastructure investments are managed by NGP fund. | ngpenergy.com | Dallas, United States | ||
Unconventional oil and gas reserves are developed in West Texas. | 2014 | cdevinc.com | Denver, United States |
Investor details for Colgate Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Colgate Energy
Colgate Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Luxe Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Unconventional oil properties are explored and produced in US basins. | luxeenergy.com | Austin, United States | 2015 | Jun 2021 | •••• |
Complete acquisition details for Colgate Energy
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Colgate Energy
4 dated milestones of Colgate Energy across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Colgate Energy is founded.
- Funding First funding round of $75.0M.
- Acquisition Acquires Luxe Energy.
- Exit Acquired by Centennial Resource Development.
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Colgate Energy (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Frequently Asked Questions about Colgate Energy
Colgate Energy was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Colgate Energy is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
Colgate Energy is a funded company, having raised a total of $75M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $75M, raised on Feb 2016.
Colgate Energy was founded in 2015 and is headquartered in Midland, United States. Operations are centered on the acquisition, optimization, and development of oil and liquids-rich natural gas properties in the Permian Basin. A disciplined investment approach is employed to achieve sustainable returns, supported by a conservative balance sheet. Technical expertise is leveraged to manage high-quality assets, with responsible resource development prioritized to address global energy demands.
Colgate Energy offers Oil and Gas Exploration and Asset Optimization.
Colgate Energy has made 1 acquisition, including Luxe Energy.
Colgate Energy has 3 investors. Key investors include Centennial Resource Development, Pearl Energy Investments, and NGP Energy Capital.
Colgate Energy operates through Permian Resources Corporation.
Yes. Colgate Energy was acquired by Centennial Resource Development in May 2022.