# Randolph Newcomer

> Randolph Newcomer, Jr., known as Randy, is the Houston-based founder, managing partner and CEO of Riverbend Energy Group. He began his career at Amoco in 1989, worked at EnCap Investments from 1997 to 2003, and founded Riverbend in 2003. His career combines petroleum engineering, energy finance, asset management and board service.

- **Role:** Founder, Managing Partner & Chief Executive Officer at Riverbend Energy Group
- **Organizations:** Riverbend Energy Group, Amoco Production Company, EnCap Investments, Ovation Energy, Chalker Energy II, Chalker Energy III, Navidad Resources, Parsley Energy, Houston Producers Forum, Yellowstone Academy, Stoney Creek Ranch
- **From:** Houma, United States
- **Education:** B.S. in Petroleum Engineering, Texas A&M University, Executive MBA, University of Houston
- **Known for:** Founded Riverbend Energy Group in 2003 and continues to lead it as CEO and managing partner., Led the firm during its completed 2022 sale of three non-operated portfolios for $1.8 billion., Board service includes Riverbend, Ovation Energy, Chalker Energy II and III, Navidad Resources and Parsley Energy.

## Career timeline

- **1989** — Began his career at Amoco Production Company in Permian Basin engineering, business development and acquisition/divestment roles.
- **1997-2003** — Served as Vice President of EnCap Investments, evaluating mezzanine debt and equity financings.
- **2003** — Founded Riverbend and began serving as its chief executive.
- **2020** — Published an essay on private equity’s role in upstream energy.
- **2022** — Riverbend completed a $1.8 billion sale of three non-operated portfolios.
- **2023** — Riverbend announced a Williston Basin acquisition as it rebuilt its non-operated strategy.
- **2024** — Appeared with Scott Rice on the Minerals and Royalties Podcast.
- **2025** — Participated in the TIPRO summer conference CEO panel.
- **2026** — Viper completed its acquisition of Riverbend Oil & Gas IX for cash and shares.

## Achievements

- Founded Riverbend Energy Group in 2003 and continues to lead it as CEO and managing partner.
- Led the firm during its completed 2022 sale of three non-operated portfolios for $1.8 billion.
- Board service includes Riverbend, Ovation Energy, Chalker Energy II and III, Navidad Resources and Parsley Energy.
- Named with Scott Rice as 2026 Minerals Executives of the Year; the associated celebration is scheduled for October 27, 2026.

## Latest updates

- **2026-07** — Viper completed its acquisition of Riverbend Oil & Gas IX for $337 million cash and approximately 3.7 million Viper Class A shares, subject to customary post-closing adjustments.
- **2025-08** — Riverbend publicized his participation in the 2025 TIPRO summer conference CEO panel.

## Links

- Website: https://www.riverbendenergygroup.com
- LinkedIn: https://www.linkedin.com/in/randolph-newcomer-jr-3419b5208/

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Profile page: https://yespress.io/randolph-newcomer
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Last updated: 2026-10-09