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Ascent Resources
AddedFeb 13, 2024
UpdatedJun 18, 2026
Ascent Resources

Ascent Resources

Ascent Resources: An independent energy company issuing debt securities for refinancing and acquisitions.

HQ
Oklahoma City, OK, US
Founded
2013
Overview
Compare
Fundraising
Employees
Website

Ascent Resources, founded as Ascent Resources - Utica LLC/ARU Finance Corp, is an independent energy company primarily focused on the exploration and production of natural gas. It is one of the largest privately held companies in its sector in the United States, with a significant presence in Ohio as the state's largest natural gas producer. The company's core mission is to maximize stakeholder value through all market cycles, and it achieves this by issuing debt securities to refinance existing credit facilities, manage indebtedness, and support acquisitions.

Notable affiliated individuals include industry veterans who have driven the company's growth and strategic direction. Ascent Resources has garnered investments from key financial entities that support its expansive operations. The company’s achievements include substantial asset size and net production, positioning it as a leading player in the U.S. energy market. Its impact is evident in its contribution to the energy sector and local economies, particularly in Ohio, where it plays a pivotal role in natural gas production.

Ascent Resources - Quick Facts

When was Ascent Resources founded?

Ascent Resources was founded in 2013.

Where is Ascent Resources' headquarters located?

Ascent Resources' headquarters is located in Oklahoma City, OK, US.

When was Ascent Resources' last funding round?

Ascent Resources' most recent funding round was for $212.6M (USD) in April 2023.

How much has Ascent Resources raised to-date?

As of Apr 28, 2023, Ascent Resources has raised a total of $512.6M (USD).

How many employees does Ascent Resources have?

Ascent Resources has 100 employees as of Feb 4, 2024.

Ascent Resources - Classification

Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Enterprise
Main Product
  • Energy
  • Natural Gas
Tags
  • Financial
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221200Natural Gas Distribution
  • 221210Natural Gas Distribution
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
ISIC
  • 910Support activities for petroleum and natural gas extraction
Show 12 more industry codes
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction
  • 211000Oil and Gas Extraction
  • 211100Oil and Gas Extraction
  • 211120Crude Petroleum Extraction
  • 213000Support Activities for Mining
  • 213100Support Activities for Mining
  • 213110Support Activities for Mining
  • 213111Drilling Oil and Gas Wells
  • 213112Support Activities for Oil and Gas Operations
SIC
  • 1380Oil And Gas Field Services
  • 1381Drilling Oil And Gas Wells
  • 1382Oil And Gas Field Exploration Services