I. Basics

Kimmeridge Energy Management Company, LLC is a New York-based alternative asset manager founded in 2012, specializing in energy sector investments with a focus on upstream oil and gas assets, carbon solutions, and ESG-integrated strategies. Headquartered in New York with operations in Denver, the firm manages over $6.5 billion in limited partner commitments and employs more than 65 investment and operations professionals, pursuing minority and control stakes in high-quality U.S. hydrocarbon assets while emphasizing operational excellence and capital discipline. Notable holdings include Devon Energy (DVN), Coterra Energy (CTRA), Civitas Resources (CIVI), and Viper Energy (VNOM), with active involvement in SEC-reported positions like those in Callon Petroleum and SilverBow Resources.

Ben Dell is the Founder and Managing Partner of Kimmeridge Energy Management Company, LLC, where he oversees all investment activities, including screening new geological opportunities and leading the firm's focus on upstream energy assets. Prior to founding Kimmeridge in 2012, he served as a Senior Equity Research Analyst for Oil and Gas Exploration & Production at Sanford C. Bernstein, earning top rankings three times in the Institutional Investor Research Survey for E&P, Natural Gas, and Oil Services coverage. Dell co-founded the firm alongside Dr. Neil McMahon and Henry Makansi, leveraging his expertise to drive Kimmeridge's differentiated approach in direct investments, activism, and operational improvements in the U.S. unconventional oil and gas sector.

II. Letters & Presentations

Devon Energy Corporation - 28-Apr-2026

III. Live "significant" companies

Companies with fund stakes involved in activist actions such as 13D filing(s) or proxy campaign(s).