1.50
King Operating Corporation Website
King Operating Corporation Overview
King Operating Corporation is a privately held Texas oil and gas company based in Dallas, Texas. Led by Jay Young, a fourth-generation oil and gas professional, King has a leadership team with over 100 years of combined oil and gas experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting and land professionals. King personnel focus their energies to acquire, develop and divest oil and gas projects located throughout the country. Unlike other oil and gas companies, King seeks to acquire assets that can be developed and divested to public companies. This requires that we enter a transaction with an eye toward the ultimate exit strategy from the outset. King’s innovative transaction structure puts investors first. King ensures that the investors are returned all of their original investment dollars before we share in the profits. We accept only a minimum of investor equity and then leverage the value of the asset to develop approximately a third of the drilling locations. We work to optimize the value when we divest to a public company. The Company prides itself on prudent operations, capital efficiencies in field and well development, and the ability to fully execute on any selected project. Using state-of-the-art drilling and fracturing technologies, King identifies specific rock formations that ideally have multiple target zones, favorable analogous production histories and ample running room to grow. We welcome the opportunity to tell you more about what we are doing at King!
Address
15301 Dallas Parkway, Suite 900
Addison,
Texas
75001
Year Founded
1996
Operates In
Texas
Asset Classes
Oil & Gas
Accepted Investors
Accredited
Qualified Purchaser
Family Office
Institutional
highlighted review
Verified Investor
2.00
"Under Performance "
I'm an investor in Fund II since August 2024, like the pervious review, great marketing but under performance from the start. This fund has not met any previous expected numbers, there has been a few distribution under 100 bucks. The projected numbers were 8.8% average annualized monthly distributions it's more like 3% with a 2.6 X multiplier at this point I'll be happy just getting my initial capital back. A red flag is also the high employee turnover rate, I've been with King for little over a year and I'm on my 4th contact as all other have left. This is not a group that I would invest with again or recommended someone else to invest but I gave them 2 stars vs 1 because of their communication. The communications is by far the best I've dealt with, they provide weekly newsletter and 2 minute drill updates, quarterly meetings and return calls and questions as I'm currently in 5 other oil deals. I received a call from the operating senior vice president after a 3Q meeting, as a company they are aware of the under performance of this fund and are trying to rectify it, they owned up to the issues at hand. I will provide an update as this fund progresses.
Verified Investor
2.00
"Under Performance "
I'm an investor in Fund II since August 2024, like the pervious review, great marketing but under performance from the start. This fund has not met any previous expected numbers, there has been a few distribution under 100 bucks. The projected numbers were 8.8% average annualized monthly distributions it's more like 3% with a 2.6 X multiplier at this point I'll be happy just getting my initial capital back. A red flag is also the high employee turnover rate, I've been with King for little over a year and I'm on my 4th contact as all other have left. This is not a group that I would invest with again or recommended someone else to invest but I gave them 2 stars vs 1 because of their communication. The communications is by far the best I've dealt with, they provide weekly newsletter and 2 minute drill updates, quarterly meetings and return calls and questions as I'm currently in 5 other oil deals. I received a call from the operating senior vice president after a 3Q meeting, as a company they are aware of the under performance of this fund and are trying to rectify it, they owned up to the issues at hand. I will provide an update as this fund progresses.
Verified Investor
1.00
"Great marketing, Poor results over 2 years (2023 - 2025)"
I invested with Jay Young and his team based on a recommendation from Sarah Sullivan at SuGo Capital. The original oil and gas investment proforma projected the following: a $75,000 W-2 tax deduction, a 3x return on investment (approximately 350% over 3–5 years), and an 8–12% annualized return (ARR) paid monthly. While the tax deduction did come through as expected, the actual monthly returns have been significantly lower. My last two monthly distributions were under $100, and based on 2025 year-to-date results, my returns equate to roughly a 2.8% annualized rate. Despite these underwhelming results, the team continues to launch new funds and actively solicit additional investor capital. I would strongly caution others before investing. Notably, Sarah Sullivan has since moved on to another firm—G2 Petroleum, with Cotton Graham.