Kyle Ray, executive vice president of engineering and finance at FourPass Energy, is today’s featured Forty Under 40 honoree.
A third-generation descendent of the energy industry, Ray followed in the footsteps of his father and grandfather. Since his father runs his own independent operation, perhaps it was no surprise when Ray helped shape a startup company after leaving Blackstone Credit.
“Growing up, my summers were filled with working on their rig, setting up pumping equipment, checking wells and doing whatever else needed to be done in the field,” he said. “From an early age, I was always amazed by how oil and gas seemingly magically came out of the ground to ultimately power our cars and heat our homes.”
FourPass Energy is a privately held upstream oil and gas operator headquartered in Denver. The company was founded and received a $900 million equity commitment from Oaktree Capital Management LP in 2020 to acquire and operate large-scale, oil-weighted, producing oil and gas assets.
Prior to joining FourPass Energy, Ray was previously a principal of Blackstone Credit, where he was responsible for the technical diligence of over $3 billion of executed upstream and midstream investments.
“I am very proud of my recent tenure in the energy credit team at Blackstone,” he said. “At Blackstone I had the opportunity to work with a team of highly motivated individuals with a large pool of a capital and invest alongside some of the top management teams in the business.”
“I learned so much about investing and running a business by having a window into each portfolio company,” he added.
Ray also previously held roles as vice president in the Energy Advisory group of UBS Investment Bank, as vice president at BMO Capital Markets, and as asset team lead at ConocoPhillips.
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