Stone Ridge Holdings Group Acquires $1.3 Billion in Oklahoma Energy Assets from ConocoPhillips

Stone Ridge Holdings Group's energy platform, Stone Ridge Energy, acquired a $1.3 billion portfolio of Oklahoma energy assets from ConocoPhillips. This is Stone Ridge Energy's second acquisition this year, bringing its investments in upstream energy assets to around $9 billion since its launch in 2021. The acquisition aims to match increasing energy demand with Stone Ridge's natural gas energy supply, generating significant and uncorrelated returns.