News & Insights

Tailwater Capital announced three acquisitions in the last month, and the firm’s co-founders and managing partners said there will be more to come in 2021. The Dallas-based private equity firm, which focuses on middle market infrastructure associated with energy, expects…

The Dallas private-equity firm looks to benefit from the role gas-fired electricity generation plays as a supplement to renewable power By Luis GarciaFeb. 17, 2021 7:00 am ET Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, betting that natural-gas…

The Dallas energy-infrastructure investor will combine one of the acquired businesses with an existing portfolio company in Oklahoma’s Arkoma Basin By Luis GarciaJan. 27, 2021 7:00 am ET Tailwater Capital agreed to acquire two pipeline operators from private-equity peer EnCap…

We highlight top female talent in roles across fundraising, business development and portfolio management in the general-partner capital-formation or limited-partner worlds

STEPHEN LIPSCOMB JR., 36, (Principal at Tailwater Capital LLC) Stephen Lipscomb’s oil and gas career began following his time at JP Morgan, Brazos Private Equity Partners and an MBA from the McCombs School of Business at The University of Texas…

Water midstream companies are navigating the market downturn alongside E&Ps, eyeing possible opportunities ahead. When it comes to effective water management, forging strong relationships, being able to adapt and sufficiently meet the needs of E&P companies and having the ability…

Editor’s Note: The world economy runs on oil. But what does oil run on when the world economy shuts down? Coming up with a collective answer unfortunately came down to individual companies making tough decisions throughout the second quarter. Since March…

Tailwater Capital sees investment opportunities amid an oil-price slump prolonged by the coronavirus By Luis GarciaUpdated March 26, 2020 7 00 am ET Tailwater Capital has raised $1.1 billion for its latest energy-infrastructure fund as a coronavirus-driven oil-price slump could…

Honoring leaders and innovators in energy’s upstream, midstream, services, and finance sectors. The Lone Star State is known for its economic resiliency. That staying power has no doubt been influenced by wild swings in one of our most significant industries:…

Endless mountains tower over the arid Permian Basin. Mountains almost a mile high. Mountains of water. A football field covered with a foot of water is about an acre foot, a standard measure of water reservoir capacity. A mountain of water on that field 4,600…

TPG’s recent deal for water-infrastructure provider Goodnight Midstream suggests the sector may see larger players emerge Not long ago, some private-equity investors set out to profit from the need to better manage the huge volumes of water being produced as…

Private equity-backed oilfield landfill and saltwater disposal well operator PetroWaste Environmental has been sold to a subsidiary of Houston landfill operator Waste Management. Dallas private equity firm Tailwater Capital announced on Monday morning that it sold San Antonio-based PetroWaste Environmental…

Capital availability has changed for all players in the oil and gas value chain over the last several years, with investors demanding more discipline and capital markets being less open than they were in the past. This new environment encourages…

In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it. Just ask Will Hickey, the 31-year-old chief executive officer of Colgate Energy. Standing on…

Some investors see fortunes to be made in the U.S.’s hottest oil field—by speculating in water, not crude.

Over the past month, a San Antonio-based waste management company has opened two oil and natural gas waste landfills in the Permian Basin to become the largest operator of such landfills in the busy West Texas shale play. Petro Waste…

Dallas private equity firm Tailwater Capital has doubled its stake in Irving oil and gas company Silver Creek Midstream to $300 million following an investment raise. The firm’s first investment in the company came in November and the new capital…

They say the best place to find new oil and gas reserves is where hydrocarbons already have been found. That’s certainly the case with southeastern Oklahoma’s Arkoma Basin. The town of Seminole, Okla., was a classic boomtown in the 1920s…

When the co-founders of Dallas oil and gas private equity firm Tailwater Capital dug into their portfolio recently, they hadn’t realized how many bets they’ve made on local talent in their own backyard. Jason Downie and Edward Herring have spent…

Tailwater’s founders explain focusDALLAS, TX (May, 2016) We recently spoke with Tailwater Capital’s co-founders, Jason Downie and Edward Herring, about their thoughts on the role of private capital in the current low-price environment. The firm is based in Dallas. Fritz…