Ted Williams

Ted Williams is President & CEO of the Rockport Companies, a family of companies he founded in January 2022 that includes Rockport Energy Solutions LLC, Rockport Oil & Gas Holdings LLC and Rockport Minerals & Royalties LLC. He also serves on the Boards of Rockport Oil & Gas I LLC, Rockport Permian Water Company LLC, Rockport Oil & Gas IV LLC and Rockport Williston Water Company LLC. 

Prior to establishing the Rockport Companies, Ted contributed his expertise as a member of the Strategic Technical Advisory Committee for Castlelake LP where Rockport Energy Solutions LLC managed the restructuring and later operations for two of their portfolio companies, EnCore Permian Development LLC and EnCore Permian Holdings LP.

Before working with Castlelake LP, Ted served as President of Luxe Minerals LLC and Vice President of Business Development for Luxe Energy LLC. During his tenure at Luxe, he and his partners raised $1,034,000,000 in partnership with NGP Natural Resources XI whereby they established a successful mineral and royalties acquisition company with Luxe Minerals LLC and a successful oil and gas operating company with Luxe Energy LLC. He also played a pivotal role in the successful close of NGP Royalty Partners I LP, which was NGP’s first minerals and royalty fund that closed an initial $320,000,000. Luxe Minerals LLC sold in October 2023 for $360,000,000 resulting in a 2.5x MOIC and 19% IRR for investors. Luxe Energy LLC was acquired by publicly traded Permian Resources (NYSE: PR) and shares ultimately liquidated in July 2024 for an undisclosed positive return to investors and the Luxe management team. In addition, he co-founded Arctic Fuel LLC, a thriving oilfield services company, in 2021, where his team has filed four distinct patents.

Prior to joining the Luxe companies, Ted served as Co-Head and Chief Operating Officer of Citigroup’s Energy A&D business division. He built the division from the ground-up and led a team of 35 technical and financial professionals dedicated to supporting all aspects of energy investment banking. He transitioned to Citigroup from RBC Richardson Barr, where he held the positions of Vice President of Engineering and Project Lead. Over the course of his career as an energy investment banker, he completed over $20 billion in transactions, including asset level divestitures and acquisitions, IPOs, Joint Venture structures, DrillCo financial structures, acquisition financings, SPACs, and corporate M&A. Deals to note include the $7.15 billion LBO of EP Energy, the Riverstone SPAC creating publicly traded Centennial Resources (now Permian Resources, NYSE: PR), and the IPO of Jagged Peak (now Exxon, NYSE: XOM). Prior to his investment banking career, he worked as a Reservoir Engineer and Petroleum Consultant for Cawley, Gillespie & Associates.

Ted is committed to service through his church and his community. He holds a position on the Vandegrift Vipers Lacrosse Board as the Vice President of Youth Programming, chairs the Safety and Security Committee for The Ridge at Grandview Hills HOA Board, and champions pro-Human organizations that advance Human flourishing such as Emergent Order, The Salem Center at UT Austin, and the Texas Public Policy Foundation.

Ted is a decorated veteran of the United States Marine Corps, having served as a Scout Sniper attaining the rank of Sergeant before being honorably discharged. He holds a B.A. in Economics from the University of California at Los Angeles and a B.S. in Petroleum Engineering from the University of Texas at Austin. He resides in Austin with his wife of 21 years and their three children.