What Lrr Energy does

LRR Energy is a U.S.-based upstream oil and natural gas company focused on the acquisition, development, and production of hydrocarbon properties in established U.S. basins. According to the input data, the company operated assets across three core regions — the Permian Basin, the Mid-Continent, and the Gulf Coast — extracting and selling crude oil and natural gas produced from these properties. The company's stated purpose was to generate stable cash flows and provide quarterly cash distributions to its unit holders, with an objective of growing those distributions over time, indicating a partnership-style structure oriented toward yield-oriented investors.

The company monetizes its asset base through the production and sale of oil and natural gas at prevailing commodity prices, a transaction-fee-style revenue model in which realized revenue is a function of volumes produced multiplied by benchmark hydrocarbon pricing. Disclosed scale metrics include gross revenue of approximately $126.97 million and net income of $5.67 million, alongside an analyst consensus rating of 1.00 (a sell rating) as reported in financial comparison coverage. The company was publicly traded on NASDAQ under ticker LRE, headquartered in Houston, Texas, and founded in 2011.

The input data indicates the entity is no longer operating as a standalone, publicly traded enterprise: firmographics record the IPO status as 'delisted,' and the company's primary web domain (lrrenergy.com) is currently listed for sale on a third-party domain marketplace. No management team, subsidiaries, funding rounds, partnerships, awards, patents, or product lines are disclosed. As a result, the available evidence describes a historical small-cap U.S. upstream operator whose corporate presence has since been wound down or absorbed.

Name

Lrr Energy

Website

https://lrrenergy.com

Company type

Public

Founded year

2011

Operating status

Operating

Short description

LRR Energy was a Houston-based, publicly traded (NASDAQ: LRE) upstream oil and gas producer that acquired and operated hydrocarbon properties across the Permian Basin, Mid-Continent, and Gulf Coast, generating revenue through commodity oil and natural gas sales.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure

Revenue model

1. Oil and Natural Gas Production: LRR Energy generates revenue through the production and sale of oil and natural gas properties. The company operates in the Permian Basin and Gulf Coast regions, extracting and selling hydrocarbons to market.

Core offering

LRR Energy is an oil and natural gas exploration and production company that acquires and operates hydrocarbon properties in the Permian Basin, Mid-Continent, and Gulf Coast regions of the United States. The company generates revenue by extracting and selling crude oil and natural gas from these established oil and gas properties, with the stated objective of producing stable cash flows and quarterly distributions to unit holders.

Product overview

LRR Energy is an oil and gas company that operates in the Permian Basin, Mid-Continent, and Gulf Coast regions. The company focuses on oil and natural gas property operations. No specific named products, modules, or distinct service offerings are identified in the available sources.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Natural Gas Production

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves3 records

Expansion highlights1 record

Direct peers

• SandRidge Energy: Small/mid-cap E&P historically concentrated in the Permian Basin and Mid-Continent. Comparable on operating geographies and small-cap profile, though historically larger than LRR Energy.
• Earthstone Energy: Small-cap Permian and Eagle Ford-focused independent E&P. Comparable to LRR Energy on basin exposure (Permian), asset mix, and small-cap acquisition-and-development model.
• Contango Oil & Gas: Small-cap multi-basin independent E&P producing oil and natural gas in the Permian and Gulf Coast regions. Directly comparable on size, basin mix, and upstream-only business model.
• Approach Resources: Small-cap independent E&P focused on the Permian Basin (primarily oil). Closely comparable on Permian-centric strategy and small-cap exploration and production model.
• Linn Energy: MLP-style upstream E&P focused on long-lived, low-decline oil and gas properties. Directly comparable to LRR Energy on cash distribution model and conventional/producing-property focus.
• Memorial Production Partners: Small-cap MLP E&P with multi-basin production across Texas, Louisiana, and the Rockies. Closely matches LRR Energy's MLP structure, scale, and multi-region operating approach.
• Ring Energy: Small-cap Permian Basin-focused E&P producing primarily oil. Highly comparable on Permian-centric acreage, oil-weighted production mix, and small-cap status.
• Legacy Reserves LP: Small-cap Permian Basin-focused upstream MLP. Closely comparable to LRR Energy on business model (MLP distributions), basin focus (Permian), and scale of operations.

Broad incumbents

• Pioneer Natural Resources: Large-cap Permian-focused independent E&P. Comparable on Permian Basin exposure and oil-weighted production, but materially larger and better-capitalized than LRR Energy.
• Diamondback Energy: Mid-cap pure-play Permian Basin E&P. Operates in the same core basin as LRR Energy but at substantially greater scale, with similar upstream-only business model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lrr Energy