About Lucid Energy
Lucid Energy is a company based in Dallas (United States) founded in 2011 was acquired by Targa Resources in June 2022. Lucid Energy has raised $675 million across 4 funding rounds from investors including Targa Resources, Magnetar Capital and EnCap Flatrock Midstream. Lucid Energy has completed 1 acquisition, including Agave Energy. Lucid Energy operates in a competitive market with competitors including ADNOC, NOVATEK, OMV Petrom, CNX Resources and CNOOC, among others.
- Headquarter Dallas, United States
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$675 M (USD)
in 4 rounds
-
Latest Funding Round
$250 M (USD), Private Equity Round
May 02, 2017
-
Investors
Targa Resources
& 2 more
-
Employee Count
Not available
- Investments & Acquisitions
-
Acquired by
Targa Resources
(Jun 16, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Lucid Energy
Lucid Energy has successfully raised a total of $675M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round of $250 million completed in May 2017. 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.
Investors in Lucid Energy
Lucid Energy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Targa Resources, Magnetar Capital and EnCap Flatrock Midstream.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Magnetar Capital is engaged in alternative asset management.
|
Locked | Locked | Locked | |
|
Venture capital investments are made in midstream management teams.
|
Locked | Locked | Locked | |
|
Midstream natural gas and NGL services are provided.
|
Locked | Locked | Locked |
Investor details for Lucid Energy
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lucid Energy
Lucid Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Agave Energy.
Investment portfolio details for Lucid Energy
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of oil & gas midstream services
|
Locked | Locked | 1995 | Locked |
Complete acquisition details for Lucid Energy
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Lucid Energy
Detailed financials for Lucid Energy
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Lucid Energy Comparisons
Peer comparison for Lucid Energy
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Lucid Energy
Lucid Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADNOC, NOVATEK, OMV Petrom, CNX Resources and CNOOC, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of natural gas & oil distributor, processing, and refining services
|
|
| Locked | Locked | Locked |
Oil and gas exploration, production, and services are provided.
|
|
| Locked | Locked | Locked |
Oil and gas exploration and refining services are provided.
|
|
| Locked | Locked | Locked |
Provider of natural gas exploration, production, and transmission services
|
|
| Locked | Locked | Locked |
Provides crude oil and natural gas exploration and processing services.
|
Detailed competitors of Lucid Energy
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Lucid Energy
Complete news archive for Lucid Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lucid Energy
Lucid Energy was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Lucid Energy is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Lucid Energy is a funded company, having raised a total of $675M across 4 funding rounds to date.
Lucid Energy was founded in 2011 and is headquartered in Dallas, United States. Operations focus on the energy sector, where natural gas gathering, processing, and transportation services are managed. These activities support midstream infrastructure in the natural gas industry, handling collection from production sites, treatment for quality standards, and delivery to markets or end-users across relevant regions.
Lucid Energy's top competitors include ADNOC, NOVATEK and OMV Petrom.
Lucid Energy has made 1 acquisition, including Agave Energy.
Lucid Energy has 3 investors. Key investors include Targa Resources, Magnetar Capital, and EnCap Flatrock Midstream.