CENAQ Energy Corp.

General Information

We intend to capitalize on the ability of our management team to identify, acquire, and operate a business in the energy industry in North America, though we reserve the right to pursue an acquisition opportunity in any business or industry.

We believe that there is a timely opportunity at this unique inflection point in the commodity price cycle to achieve attractive returns by acquiring and exploiting well-defined, high quality oil and natural gas exploration and production (“E&P”) assets in proven basins. We will focus on oil and gas companies, properties, and related assets, with extensive production histories and limited geologic risk from sellers that may be distressed from being over leveraged and unable to operate within budgets due to the depressed recent commodity pricing scenario.

Our CEO, J. Russell Porter, has sourced and financed the acquisition of over 150 oil and gas producing properties in multiple basins within North America.

The members of our management team, including John B. Connally III, J. Russell Porter and Michael Mayell, each have a history of creating significant value and generating attractive shareholder returns.

(Note: CENAQ Energy Corp. priced its SPAC IPO on Aug. 12, 2021, in line with the terms in its prospectus: 15 million units at $10 each to raise $150 million.)

Employees: 0
Founded: 2020
Contact Information
Address 4550 Post Oak Place Dr., Suite 300, Houston, Texas 77027
Phone Number (713) 820-6300
Web Address
View Prospectus: CENAQ Energy Corp.
Financial Information
Market Cap $189.15mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol CENQU
Exchange NASDAQ
Shares (millions): 15.0
Price range $10.00 - $10.00
Est. $ Volume $150.0 mil
Manager / Joint Managers Imperial Capital/ I-Bankers Securities
CO-Managers -
Expected To Trade: 8/13/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change