From Football Fields to Oil Fields: A Journey to Success
After selling Double Eagle III to Pioneer Natural Resources for a staggering $6.4 billion last year, Cody Campbell and John Sellers are now embarking on a new venture. These two entrepreneurs, who met in seventh grade and played football together at Canyon High School, have taken the lessons they learned from building companies and are ready to apply them to their latest project. They’re not just flipping oil leases; they’re revolutionizing the energy industry.
Permian Basin's Biggest Players
While neither Cody Campbell nor John Sellers may have played in Super Bowl 51 like Danny Amendola, they certainly hit pay dirt with the Permian Basin's second-largest sale this year. The duo, both 36 years old, have made over $500 million from their oil and gas deals. But they’re not stopping there—dozens more are following in their footsteps, flipping oil leases and making millions in the process. It’s a testament to the booming oil market in Texas, where fortunes are made almost overnight.
The Deal That Changed Everything
Diamondback Energy announced a deal that would give them access to approximately 40,000 net acres in the core of the Midland Basin. This move is set to further solidify Cody Campbell and John Sellers' status as two of the richest Texans under 40. The sale was a massive success, and it allowed them to scale and grow their operations even more. At the time of the sale, Campbell mentioned that their company was running seven rigs in the Permian Basin and producing 100,000 barrels per day. Their partnership with Apollo has been instrumental in their success, with four different deals under their belt.
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From Texas Tech to the NFL and Beyond
Campbell went on to the NFL, playing as an offensive guard with the Indianapolis Colts, while Sellers made his mark in real estate. Despite their different career paths, their friendship remained strong, and they eventually reunited to tackle the oil and gas industry. Their shared history, starting from their days at Texas Tech University, has been the foundation of their business relationship. Both men have invested in real estate projects in Amarillo and Fort Worth, further diversifying their portfolios.
A Strategic Investor with a Vision
Cody Campbell's impressive net worth can largely be attributed to his strategic investments and successful business ventures. His portfolio spans various industries, including technology, real estate, and energy. As he continues to build his empire, his net worth is expected to increase significantly. Predictions suggest that by 2025, Campbell's net worth could reach new heights. His journey from the football field to the boardroom is nothing short of inspiring.
The Numbers Behind the Success
As of 2023, Cody Campbell's net worth is estimated to be in the range of $50 million to $70 million. This figure is a result of years of strategic investments, successful business ventures, and a deep understanding of the real estate market. His net worth breakdown highlights his diverse interests and his ability to capitalize on opportunities in multiple sectors. Campbell's impressive financial acumen and strategic decisions have positioned him among the elite in the business world.
The Next Chapter: Building on Past Successes
Next, Campbell and Sellers formed Double Point with Apollo, which they sold to Pioneer in 2021. This deal was another huge payday for the team led by oil entrepreneurs Cody Campbell and John Sellers. Campbell noted that the sale was a significant milestone in their journey, allowing them to scale and grow even more. "Most people want money," Campbell said at the company's offices in Fort Worth, Texas. Sitting next to him, Sellers interjected, "But surprisingly, that isn't always the motivator." Their focus on building lasting partnerships and creating value has been key to their success.
Looking Ahead: The Future of Energy Innovation
As Cody Campbell and John Sellers continue to innovate in the energy sector, they are setting new standards for what it means to be successful in the Permian Basin. Their ability to adapt and thrive in an ever-changing market is a lesson for aspiring entrepreneurs everywhere. With their eyes set on the future, these two Texans are poised to make even bigger waves in the world of oil and gas. Their story is one of friendship, hard work, and a relentless pursuit of success.
