Sunya Get smarter about energy transition
  • Home
  • Industry News
  • Newsletter
  • Podcast
  • Contact Us
Sunya
Industry News
August 8, 2025

Stone Ridge Buys Oklahoma Assets From ConocoPhillips

Newsfeed
Stone Ridge Buys Oklahoma Assets From ConocoPhillips

Aug 7, 2025 4:30 PM Eastern Daylight Time

Acquisition Brings Stone Ridge Energy’s Portfolio to Over 11 GW of Power

NEW YORK–(BUSINESS WIRE)–Stone Ridge Holdings Group (“Stone Ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, Stone Ridge Energy (“SRE”), entered into a definitive agreement to acquire a major portfolio of Oklahoma energy assets from ConocoPhillips for approximately $1.3 billion.

This marks SRE’s second acquisition this year, after purchasing over $1 billion of energy assets in Colorado, bringing SRE’s investments in upstream energy assets to ~$9 billion since the platform’s launch in 2021. Matching increasing energy demand from bitcoin mining, AI data centers, and LNG-dependent countries with its more than 11 GW natural gas energy supply, SRE seeks to deliver significant, persistent, and uncorrelated returns. Overall, Stone Ridge has generated $9 billion of trading profits for investors since the beginning of 2023.

Stone Ridge-controlled affiliate NYDIG pioneered technology to facilitate profitable consumption of otherwise stranded energy throughout the life cycle of a natural gas well, giving SRE a significant competitive advantage. “Powered by a uniquely non-fiat focused energy platform, SRE’s investing and operational advantages are accelerating, transforming the energy landscape,” said Ross Stevens, Founder & CEO of Stone Ridge. “This acquisition marks a key milestone in our commitment to safeguard sound money while utilizing innovative solutions to efficiently help meet soaring global energy demand.”

About Stone Ridge

Stone Ridge Holdings Group is a financial services firm focused on alternative asset management, reinsurance, and bitcoin, with industry-leading operating companies that support and enhance each other. Stone Ridge Asset Management invests broadly and profitably across its suite of uncorrelated, diversifying franchises. Longtail Re leads the casualty reinsurance industry in both absolute and risk-adjusted performance. NYDIG develops proprietary infrastructure to profitably interact with bitcoin-related power and financial services markets. We exclusively build products we want for ourselves, each with meaningful investment from our balance sheet.

To learn more, please visit www.stoneridgeam.com

Contacts

Media Contact
Marc Feuerstein
[email protected]

TAGS: #industrynews
PREVIOUS ARTICLES
Home > Industry News
August 8, 2025

Silver Lake Launches $400 Million Digital Infrastructure Platform with Adam Fisher and Peter Rumbold

NEXT ARTICLES
Home > Industry News
August 11, 2025

ExxonMobil Guyana Begins Production at Fourth Offshore Guyana Project

Comments are closed.
Related Post
May 20, 2025
CO280 and JPMorganChase Sign Carbon Removal Offtake
May 6, 2024
Zanskar Raises $30 Million to Accelerate Discovery
May 30, 2024
North Dakota Supreme Court sides with Summit
October 15, 2024
Diagram ClimateTech Fund Announces Final Close at

Recent Posts

  • Ormat Technologies Announces Strategic Commercial Agreement With Sage Geosystems Inc.
  • Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.
  • GDEV Management Announces Over $200MM of Fund II Capital Commitments to Scale Distributed Energy Platforms Across North America
  • Green Plains Enters into Agreement to Sell Obion, Tennessee Plant to POET
  • Commonwealth Fusion Systems Raises $863 Million Series B2 Round to Accelerate the Commercialization of Fusion Energy

Archives

  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023

Categories

  • Industry News
  • Newsletter
  • Podcast
Scroll To Top
© Copyright 2024 Sunya Technologies Inc.