“At Standard Pump Parts our mission is to manufacture and supply fluid end expendables for plunger pumps and centrifugal pump parts to all pump retailers and OEMs. Today, Standard has broadened its product lines to include most types of fluid-end expendables for all major pump brands. Red Beard Capital made a minority investment with a successful and seasoned private equity group based in Dallas, Hicks Equity Partners. Red Beard Capital has contributed both capital and strategic expertise to assist our partners in their goal of product and customer expansion.”
Red Beard Capital, LLC owns and operates multiple franchise locations including “Great American Cookies - Marble Slab Creamery – Pretzelmaker”. The company most recently invested in an off-mall strategy combining Great American Cookies & Marble Slab Creamery in one location. Red Beard Capital continues to look for opportunities within the food and beverage industry, bringing both capital and strategic expertise to their investors and operating partners.
Bear Pipe & Tool was formed in 2018 along side of their strategic partners: Red Beard Capital, Tarpon Pipe & Supply and Derek Ware. Bear Pipe & Tool is located in Midland and proudly locally owned and operated. Bear Pipe provides customers the highest quality OCTG material for downhole tubular rental, pipe racks, and handling tools compatible with the rental tubular strings. Red Beard Capital is currently looking to add additional companies and service lines to their energy service division.
Founded in 2021, Red Beard Capital, in partnership with co-founder John Lowery, launched the Red Beard Non-Op Energy Fund to pursue non-operated working interest opportunities in the core of the Midland Basin. John Lowery and Stephen Lowery serve as Managing Principals, building on several years of experience brokering, monitoring, and underwriting non-operated investments in the basin dating back to 2016.
The fund was built on a disciplined, data-driven approach to non-operated investing, emphasizing operator quality, conservative underwriting, and capital efficiency. Today, Red Beard Capital manages working interest positions across more than 33,000 gross acres and over 700 net acres in the Midland Basin.
Since inception, the fund has consistently performed above pro forma, delivering strong cash returns to investors while maintaining a conservative capital structure. Importantly, the portfolio has achieved this performance without the use of leverage and without selling a single asset, preserving a substantial runway for continued development and long-term value creation.
The Red Beard Non-Op Energy Fund remains well positioned with significant remaining inventory and development upside, offering investors ongoing exposure to high-quality Midland Basin assets managed with a long-term, risk-aware mindset.
2024 Industrial Real Estate Fund is a value-add industrial real estate investment platform co-founded by Ross Roach and Stephen Lowery, with Ross Roach, Derek Ware, and Stephen Lowery serving as Managing Principals. The fund was launched to acquire underperforming and underutilized industrial assets with strong real estate fundamentals, focusing on locations supported by logistics, transportation infrastructure, and durable tenant demand.
Originally focused on the Greater Houston market, the strategy has since expanded to target industrial properties across the state of Texas, reflecting the team’s ability to source compelling opportunities in multiple high-growth, business-friendly markets. The fund pursues opportunistic and value-add strategies including mark-to-market leasing, vacant renovations, stabilized outdoor storage, and selective sale-leaseback transactions .
Since launch, the fund has executed on its thesis by acquiring two industrial properties in Houston—successfully exiting one investment and continuing to operate the second—and has recently expanded its footprint with the acquisition of an industrial property in Midland, Texas. These transactions demonstrate the platform’s ability to create value through disciplined acquisitions, targeted capital improvements, and active asset management.
The 2024 Industrial Real Estate Fund is focused on acquiring assets at an attractive basis, enhancing cash flow through operational execution, and positioning properties for long-term value creation or opportunistic exits. By leveraging local market knowledge, off-market sourcing, and a hands-on management approach, the fund seeks to deliver compelling risk-adjusted returns across market cycles.
Red Beard Resources is a mineral and royalty acquisition platform formed in 2024 and led by Managing Partners Ross Roach and Stephen Lowery. The firm is focused on acquiring high-quality oil and gas interests, including minerals, royalties, and overriding royalty interests, with an emphasis on long-life, cash-flowing assets.
Red Beard Resources primarily targets opportunities in the Midland and Delaware Basins, where deep operational knowledge and basin-level expertise allow the team to underwrite assets with discipline and precision. While the Permian Basin remains the core focus, the firm also selectively pursues acquisitions in other proven, oil-rich basins across the United States.
The firm’s investment strategy is centered on downside protection, asset quality, and long-term value creation. By partnering directly with mineral owners and leveraging a data-driven underwriting approach, Red Beard Resources seeks to build a diversified portfolio of durable energy assets positioned to perform across commodity price cycles.
Red Stone Non-Op Fund is a non-operated energy investment platform focused on acquiring wellbore-only working interests across multiple proven U.S. oil and gas basins. The fund is led by Austin Underwood and Stephen Lowery, Managing Principals and Co-Founders, and is designed to provide investors with diversified exposure to near-term drilling opportunities while emphasizing disciplined underwriting and rapid execution.
The fund targets high-quality opportunities in core basins including the Permian, Anadarko, and DJ Basins, while remaining opportunistic across other oil-rich regions of the United States. Red Stone employs a “drilling mutual fund” approach—deploying capital across numerous wells, operators, and basins—to reduce single-asset risk and create a durable, diversified portfolio of producing assets.
Red Stone’s strategy combines conservative engineering analysis, strict return thresholds, and strong operator selection. They focus on efficient capital deployment and long-term cash flow generation. The fund seeks to deliver stable distributions, tax-advantaged income, and attractive risk-adjusted returns for investors across commodity cycles.
