- Headquarters
- Denver, Colorado
- Employees
- 1–10
- Founded
- 2025
- Business Model
- B2B
- Website
- 406energy.com
- Last Round
- Venture RoundOct 2025
- Rounds
- 1
About
406 Energy is an upstream oil and gas exploration and production company backed by NGP Energy Capital Management, focused on acquiring and developing high-return oil and gas assets in North America. Founded in 2025 by a team of technical leaders including Mark Graeve, Tom Kastens, Josh Sigler, and Eric Matus — veterans of XCL Resources — the company takes its name from Ted Williams' legendary .406 batting average in 1941. The company plans to deliver strong production growth, operational efficiency, and long-term value through disciplined upstream development.
Summary
406 Energy is an Energy company based in Denver, United States, founded in 2025. Its most recent funding was a Venture Round in Oct 2025. Investors include NGP Energy Capital.
Tech & App Stack
1 technology or app tracked
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Funding History
Oct 2025
Investors
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