About Maverick

Taking the Reins

With a large and diversified asset base providing production optionality and development potential, Maverick is competitively positioned in some of North America’s leading oil and gas plays. The success of Maverick’s ongoing portfolio optimization strategy fuels its ability to seize new organic growth opportunities.

At Maverick, safety is of paramount importance. Safety culture runs throughout the entire organization. Protecting the environment is equally important for Maverick, which endeavors to minimize the company’s footprint on air, water and land through technology and innovation.

A responsible energy producer, Maverick is resolved to continuously improving its environmental, social and governance (ESG) performance. The company’s executive leadership sets ambitious ESG targets and challenges all employees to exceed set goals while operating in the safest, most sustainable way.

Maverick’s Competitive Advantages

  • Geographically diverse, predictable production profile
  • Material inventory of low-risk development opportunities
  • Actively sourcing proved developed producing (PDP) acquisition opportunities to replicate Transformation model
  • Targeting concentrated PDP liquids-rich gas assets in West Texas, East Texas and Oklahoma
  • Company-wide focus on generating substantial free cash flow
  • Minimal capital requirements given consistent production from mature long-life wells
  • Low leverage with a reliable business model
  • Disciplined hedging program
  • Automation of more than 4,000 wells since 2018
  • Centralization of operations centers to develop efficiencies and support field operations
  • Use of traditional and cutting-edge technologies

Maverick’s Transformative Approach

Utilizing its Transformation playbook, Maverick has realized significant, lasting company-wide and basin-specific improvements, including:

  • Well-by-Well Economic Analysis
    Rightsizing the company’s operational footprint through divesting and shutting in uneconomic wells while returning to production and working over wells with upside potential.
  • Fixed Cost Reduction
    Dramatically reducing lease operating expense to barrel of oil equivalent (LOE/Boe) run rate by fundamentally shifting cost structure.

In addition to transforming foundation assets, the company employs Transformation to rapidly and seamlessly integrate acquired assets into Maverick culture.


Daily Production


PDP Reserves


Total Proved Reserves


2021 Pro Forma Adjusted EBITDA