Energy

Helping build essential energy businesses and assets that fuel the world

Houston-based expertise investing in leading energy companies and assets

$8b+

Energy investments since inception1

30+

Energy investments since inception2

$250m - $2b+

Typical transaction size

1. Energy equity invested and committed as of 8/31/26

2. Energy investments as of 8/31/26

What we do

We partner with management teams, companies, sponsors and asset owners across the energy value chain to provide capital solutions that advance their objectives. Our experience spans operated and non-operated upstream assets, minerals and royalties, midstream, downstream and related services businesses.

Why partner with Sixth Street?

Valuable partnership in energy markets requires technical expertise, a long-term horizon and flexibility across the capital structure. We deliver tailored solutions to advance our energy partners’ strategic objectives and scale their businesses and assets.

Long-term, tailored capital solutions

Leveraging a deep, long-term capital base, our dedicated energy team invests across equity, debt and asset partnerships with a flexible mandate. Our scaled, solution-oriented approach and through-cycle patient capital allow us to support the energy industry’s most significant transactions while structuring bespoke financing solutions for our energy partners.

Technical expertise

Our deep energy sector expertise, including a dedicated team of in-house reservoir engineers, gives us the technical depth to underwrite complex assets quickly and deliver differentiated value to our energy partners.

Industry relationships and insight

Built on trust, transparency and a track record of delivering on our commitments, our long-standing industry relationships enable us to connect people, assets and ideas in support of our energy partners’ strategic objectives.

Strategic capital solutions

A diverse suite of capital solutions across the energy value chain

Collaboration in action

Equity, credit and fund solutions

Since 2021, Sixth Street has partnered with TRP Energy through multiple investments, including first lien financing, a co-control equity investment and fund solution. These partnerships enabled TRP to grow its asset base and successfully complete a multi-basin transaction with Diamondback Energy in 2024, demonstrating the value of a flexible capital partner to support a business across the balance sheet and through multiple growth cycles.

COMSTOCK ANNOUNCES $600 MILLION STRATEGIC INVESTMENT BY SIXTH STREET IN PINNACLE GAS SERVICES

Strategic equity partnership

In 2026, Sixth Street partnered with Comstock Resources through a $600m non-controlling equity interest in Pinnacle Gas Services, a natural-gas gathering and treating platform supporting Comstock’s Western Haynesville operations. The investment valued Pinnacle at $2.2b and enabled Comstock to simplify its capital structure, reduce fixed charges and retain operational control while partnering with Sixth Street to support the platform’s long-term growth.

Control equity

In 2026, Sixth Street, in partnership with the existing management team, acquired LOGOS Energy, a natural gas producer with a leading position in the San Juan Basin. With more than a decade of operating experience in northwest New Mexico, LOGOS has built a significant presence in the basin through the operation and development of its natural gas assets.

Fund solution and control equity

In 2026, Sixth Street acquired mineral and royalty interests across multiple Siltstone discretionary funds, providing liquidity to Siltstone’s limited partner base and a long-term capital home for the assets. The investment aggregated over 60,000 oil and gas mineral acres across Ohio, Pennsylvania and West Virginia, and more than 1,500 producing wells, reflecting Sixth Street’s ability to structure creative solutions at the intersection of minerals, fund liquidity and direct asset ownership.

Antero Resources Announces $402 Million Overriding Royalty Transaction

Credit and structured capital

In 2020, Sixth Street agreed to invest up to $402m in an overriding royalty interest associated with Antero Resources’ core acreage position in the Appalachian Basin, one of the lowest-cost shale basins in the U.S. The transaction strengthened Antero’s balance sheet and provided capital to support debt reduction, while allowing the company to retain the long-term upside of its core acreage.

Asset joint venture partnership

In 2021, Sixth Street helped finance Vital Energy’s transformational acquisition of Sabalo Energy in Howard County, TX through the purchase of a non-operated working interest in producing wells in Reagan and Glasscock Counties. The transaction provided the capital necessary to complete the acquisition and closed within two weeks to meet Vital Energy’s financing requirements, demonstrating Sixth Street’s ability to move with speed and certainty when timing is critical.

Sector expertise

Let's work together

Every great partnership starts with a conversation. Let’s discuss how we can accelerate your ambitions.