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Category: 2023

Valor Hires Hunter Harris as Mineral Analyst

Posted on by Valor

Will handle mineral portfolio management for individual and institutional mineral rights holders

FORT WORTH, TX (March 31, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and oil and gas operator services, is pleased to announce Hunter Harris has joined the company’s Land Department as a Mineral Analyst. In this new role, Harris will be added support for Valor’s Land and Mineral Management Division, overseen by departmental director Jason Beck, CPL, CTFA. Utilizing Valor’s proprietary mineral.tech® software platform, this department helps clients optimize their mineral rights and provides solutions for owners of oil and gas assets, including comprehensive land and mineral rights management solutions, oil and gas accounting, digital filing, asset mapping, and division order processing.

“We’re looking forward to welcoming Hunter Harris to the land management team,” said Joseph DeWoody, CEO of Valor. “He has a tremendous educational background and thorough credentials in both geology and engineering. His responsibilities will include onboarding new clients, adding and mapping tracks and units, adding leases, lease management, and maintaining close relationships with our increasing number of mineral management clients.” 

Hunter Harris recently graduated from TCU with a Bachelor of Science in Geology, where he was a research assistant in the university’s Geology Department, as well as a member of the university’s Division I football program. His addition to the Valor team marks the ninth TCU graduate to be added to the growing company. Prior to joining the organization, Harris served as a staff geologist for Bertram, Texas-based BBA Engineering, a full-service environmental consulting, hydrogeology, and engineering firm providing a broad range of services to industrial, municipal, and public clientele across Texas and surrounding states.

With offices in Fort Worth and Midland, Texas, Valor has grown to become one of the Southwest’s leading private asset managers, providing mineral management, oil and gas bookkeeping, and operator outsourcing for mineral rights, and oil and gas owners. Thanks to the company’s revolutionary mineral.tech software platform and mineral management services, Valor now oversees a combined 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights on behalf of more than 100,000 interests across 32 U.S. states.  

About Valor:
Valor is a specialty asset management and professional services provider that serves mineral, and oil and gas owners. We place the client first, providing flexible solutions and leveraging our team of experts to maintain the security, clarity and optimization of privately owned assets. Valor oversees 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights in 32 states. The company manages more than 100,000 interests, which generates over $240 million in annual revenue for Valor’s clients. Explore the benefits of partnering with Valor to manage mineral rights and streamline business operations by visiting www.onevalor.com.

Valor a Winner for Top 50 Inspiring Workplaces™

Posted on by Valor

Companies on the 2023 list are honored for forward-thinking and people-first approach

FORT WORTH, TX (June 9, 2023) NEWS UPDATE: Congrats are in order! Valor has gone from a finalist to an award-winner, earning a spot in the prestigious 2023 Top-50 Most Inspiring Workplaces™ Awards! Hannah Jones and Ella Canfield from Valor’s Marketing Department were on hand to receive the honor during the exclusive awards ceremony held in Chicago on June 8. Valor was selected for the 44th spot of the 50 award winners, appearing beside notable Fortune 500 companies including Kroger, Verizon, Anheuser Busch, and Union Pacific. Matt Manners, founder of The Inspiring Workplaces Group, who hosts these annual awards spoke to representatives of the 50 award winners, stating that this year’s competition was “…the strongest we’ve ever seen.” The Most Inspiring Workplaces Award winners are singled out for their accomplishments in six key core areas of their business, including culture and purpose, leadership, wellbeing, inclusion and diversity, communication, and employee experience.

FORT WORTH, TX (March 23, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and oil and gas operator services, is honored to be named a finalist in the North America Top 50 Inspiring Workplaces™ list. Two organizations initiated these awards, focused on creating a movement of change makers in the workplace, The Employee Alliance and The Employee Engagement Awards. Valor earned the status of finalist after it was determined that the company presents the fundamental cultural elements needed to create an inspiring place to work. 

“At Valor, we make it a priority to care for our team and we’re so grateful to be recognized for creating a people-first culture,” said Joseph DeWoody, CEO of Valor. “The level of growth we’ve been able to achieve over the years wouldn’t be possible without the incredible employees we have on staff. We will continue to support their wellbeing and ensure we’re doing everything possible to create an engaging and inspiring place to work.” 

This prestigious award opportunity evaluated organizations across North America within several categories based on the total number of employees. An independent panel of expert judges examined how these organizations defined six core areas of their business, including culture and purpose, leadership, wellbeing, inclusion and diversity, communication, and employee experience. Special recognition awards will be granted at an awards ceremony in June to those finalists who excel in each of the aforementioned categories. Valor will be present at the ceremony to receive its finalist recognition. 

With offices in Fort Worth and Midland, Texas, Valor has grown to become one of the Southwest’s leading private asset managers, providing mineral management, oil and gas bookkeeping, and operator outsourcing for mineral rights, and oil and gas owners. Thanks to the company’s revolutionary mineral.tech® software platform and mineral management services, Valor now oversees a combined 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights on behalf of more than 100,000 interests across 32 U.S. states.  

As a company that has doubled in both revenue and staff year-over-year, Valor’s senior leadership team is constantly investing in adopting and developing new business processes to preserve the culture it’s built. Upon evaluating employer satisfaction surveys, Valor’s people strategy is highly effective. In 2022, 100% of employees agreed Valor was favorable in categories including communication, resources, individual needs and team dynamics. These categories specifically looked at satisfaction with coworkers treating one another with respect and committing to producing top quality work, as well as having access to information needed to carry out their responsibilities and having the flexibility to live a balanced lifestyle.

About Valor:
Valor is a specialty asset management and professional services provider that serves mineral, and oil and gas owners. We place the client first, providing flexible solutions and leveraging our team of experts to maintain the security, clarity and optimization of privately owned assets. Valor oversees 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights in 32 states. The company manages more than 100,000 interests, which generates over $240 million in annual revenue for Valor’s clients. Explore the benefits of partnering with Valor to manage mineral rights and streamline business operations by visiting www.onevalor.com.

Valor Ranks No. 33 on Inc. SW Region’s List

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Company Lands spot on Inc.’s Southwest Region’s Fastest-Growing Private Companies List

FORT WORTH, TX (Feb. 28, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and oil and gas accounting, is honored to be ranked No. 33 on Inc. magazine’s fourth annual Inc. 5000 Regionals Southwest list. Born of the annual Inc. 5000 franchise, this list is the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma, and Texas. It represents a unique look at some of the most successful companies operating in the Southwest economy’s most dynamic segment – independent small businesses. Inc. analyzes growth within a two-year time frame, of which Valor recorded a growth rate of 500%. 

“It’s an incredible honor to be recognized on a national scale for the levels of sustainable growth we’ve achieved over the past four years,” said Joseph DeWoody, CEO of Valor. “We plan to continue on our path of growth, in both size and revenue, adding more jobs and money to the Southwest’s regional economy. I’m thankful to all of our dedicated clients and hard-working employees who’ve helped us earn such a high ranking on the prestigious Inc. Regionals list.” 

With offices in Fort Worth and Midland, Texas, Valor has grown to become one of the Southwest’s leading private asset managers, providing mineral management, oil and gas bookkeeping, and operator outsourcing for mineral rights, and oil and gas owners. Thanks to the company’s revolutionary mineral.tech® software platform and mineral management services, Valor now oversees a combined 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights on behalf of more than 100,000 interests across 32 U.S. states.   

“This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies,” says Scott Omelianuk, editor-in-chief of Inc. magazine. “They’re disruptors and job creators, and all delivered an outsized impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come.”

The companies on this list show a remarkable rate of growth across all industries in the Southwest region. Between 2019 and 2021, these 165 private companies had an average growth rate of 557% and, in 2021 alone, they added 16,116 jobs and nearly $5.5 billion to the Southwest region’s economy. Companies based in the Austin, Texas, Scottsdale, Arizona, and Fort Worth, Texas, areas had the highest growth rates overall. Complete results of the Inc. 5000 Regionals Southwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southwest beginning Feb. 28, 2023.

D CEO’s Financial Executive Awards Finalists

Posted on by Valor

The list recognizes top corporate financial executives in Dallas-Fort Worth.

FORT WORTH, TX (Feb. 21, 2023)  Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and oil and gas accounting, landed two finalist spots on D CEO’s 2023 Financial Executive Awards. Presented in partnership with Financial Executives International, Association for Corporate Growth, and TXPCA-Dallas, the program honors top corporate financial executives in Dallas-Fort Worth.

Valor’s finalists include Joseph DeWoody, representing Valor, for ‘Most Innovative Finance Team‘ and Adam Powell, CPA, in the category of ‘Outstanding Chief Accounting Officer, Controller, or Treasurer‘.

With over 70 years of combined experience, the accounting team at Valor is able to navigate the complexities of such an elaborate industry. The team serves as a highly functional asset for both the mineral management and operator services departments. The amount of revenue managed on behalf of Valor’s mineral management clients has grown exponentially, doubling year after year to $240 million at the close of 2022. The accounting team has also seen its own level of growth, adding several new employees to the department in the past few months.

The mineral management accounting team works with over 100 clients and entities, masking over 80,000 interests. Valor recovered over $1 million in suspended funds for clients in 2022 alone, which wasn’t previously accessible to them or sitting unknowingly within a suspense account. The team also processes over 2,100 revenue checks with a value of over $20 million monthly and 410,000 transaction lines. Through its proprietary cloud-based software, mineral.tech®, and intuitive business practices, the team is able to provide detailed revenue reporting, track trends, assist with oil and gas lease negotiation and counsel, and offer full-service JIB accounting, AFE accounting. 

When it comes to operator outsourcing services, the team is responsible for the back office support for several clients, while simultaneously providing owner-relations support for 2,000 owners. Their clients are able to save on overhead costs and minimize their time spent in day-to-day owner relations. Operators are able to trust Valor’s oil and gas accounting team with all of their advanced data, analytics and reporting. 

Adam Powell has dedicated himself to propelling Valor to the next level and successfully delivering results in his role as a financial leader. He lead the company through its first SOC audit in 2020, strengthening the integrity of the accounting department. In addition to the financial well-being of clients and partners, Powell plays a strong role in the well-being of Valor’s employees. He took responsibility for facilitating Valor’s 401K plan and will continue to manage the program accordingly. In 2022, Powell was a finalist in the DCEO Financial Executive Awards and the DCEO Energy Awards alongside colleague Matt Autry who won the DCEO “Rising Star” award.

All 40 finalists on the list will be recognized in the May issue of D CEO magazine and online; winners in various categories will be revealed at an exclusive awards event this spring.

Valor Hires Claire Ames Shaw to Oversee West Texas

Posted on by Valor

Director-level position establishes a dedicated presence in the company’s Midland office

FORT WORTH, TX (Feb. 14, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and oil and gas accounting, has named Claire Ames Shaw as the company’s new director of West Texas operations. Claire will work from Valor’s satellite office in Midland, Texas, maintaining a dedicated presence for the company in this energy rich region. The addition of Claire to the team reinforces the company’s commitment to having a strong, continuous presence in the West Texas region.  

“Over the past few years, we’ve noted a substantial increase in new mineral management clients and prospects in the West Texas region,” said Joseph DeWoody, CEO of Valor. “Claire’s experience and credentials made her a unanimous choice to head up Valor’s office in Midland. Under her leadership and guidance, we look forward to having boots on the ground and the opportunity to strengthen relationships with the individual and institutional clients we serve.”

In the past decade, Claire has lived and worked in Midland, allowing her to gain a familiarity with the people and culture that define this oil-rich region of Texas. Claire is also no stranger to the mineral management and banking industries, having spent eight years at J.P. Morgan Private Bank, three of which were in the Midland office, and another two years working as a land assistant for Statewide Minerals Company. While at J.P. Morgan she held both Series 7 and Series 63 licenses, qualifying her to work as an agent with all types of corporate securities offerings. In addition to representing Valor’s local interests, she’ll also be continuing her work with the nonprofit Young Professionals Organization (YPO) of West Texas. Claire is a graduate of Auburn University, where she earned a Bachelor of Science (BS) in finance.

With offices in Fort Worth and Midland, Texas, Valor has grown to become one of the Southwest’s leading private asset managers, providing mineral management, oil and gas bookkeeping, and operator outsourcing for mineral owners and oil and gas investors. Thanks to the company’s revolutionary mineral.tech® software platform and mineral management services, Valor now oversees a combined 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights on behalf of more than 100,000 interests across 32 U.S. states. 

Valor Ramps Up Accounting Department

Posted on by Valor

Company adds Matthew Hoffacker and Timothy Stackpole to its growing employee roster

FORT WORTH, TX (Jan. 31, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and accounting-based software solutions, has announced the hiring of two new staffers to shore up the company’s fast-growing accounting department. Matthew Hoffacker has joined Valor as a new senior accountant and Tim Stackpole will serve the company as a new staff accountant.

“We’re glad to have both Matthew and Tim onboard and look forward to their contributions,” said Joseph DeWoody, CEO of Valor. “In the past 12 months, Valor has more than doubled in size and revenue, with our accounting department responsible for the majority of this rapid growth. We’re fortunate that the company continues to experience robust new business growth – and we’re committed to making sure we’re staffed up properly to meet the needs of Valor’s rapidly diversifying client base.”

Matthew Hoffacker is highly experienced in accurate financial reporting and joint interest accounting. In his new role with Valor, Hoffacker will manage oil and gas accounting and bookkeeping for the company’s operator services department. Prior to joining Valor, he spent the previous five years as a senior-level joint interest billing accountant with TEEP Barnett USA, LLC – a natural gas exploration and production company. His prior in-category experience also extends to Crude Energy, where Hoffacker managed all accounts payable and joint interest accounting functions, successfully integrating departmental data. During this time, he implemented and maintained cloud-based EDI solutions for more than 1,200 non-operated upstream assets for integrated oil and gas firms operating in the basins of Eagle Ford Shale, Permian, and San Juan. 

Timothy Stackpole brings a wealth of knowledge in accounting principles and data analysis to his new staff accountant role at Valor. Prior to joining the company, Tim was a senior accountant for Optimum Healthcare Management, a senior care operator that manages skilled nursing facilities. Stackpole also worked for a private CPA firm that assists clients in a wide array of industries representing a diverse set of accounting needs. He earned a Bachelor of Arts in History from the University of North Texas and Bachelor of Science in Accounting from Tarleton State University.

Since its founding in 2018, Valor has grown to become one of the Southwest’s leading private asset managers, providing business process outsourcing, proprietary software solutions, and accounting and management services for mineral rights owners and other private wealth clients. Thanks to the company’s revolutionary mineral.tech® software platform and mineral management services, Valor now oversees a combined 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights on behalf of more than 100,000 interests across 32 U.S. states. The company’s professional services scope, focused primarily on private wealth management and oil and gas assets, extends beyond Valor’s business solutions and back-office services to include Valor Ignite™ – an on-demand business process outsourcing solution for accounting, marketing services, and contract c-suite engagements.

Valor Recruits Execs From Collegiate Backgrounds

Posted on by Valor

Hanna Howard and Ashley Beebe, both TCU-Alums, join company in 2023  

FORT WORTH, TX (Jan. 12, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and accounting-based software solutions, has announced the hiring of two female executives with a local college connection. Effective immediately, Hanna Howard – a former associate head coach for the TCU Women’s Basketball team – will serve as the company’s chief of staff. And Ashley Beebe – previously the associate director of major gifts for the TCU Frog Club – has been hired to serve in the organization’s newly created position of chief growth officer. Both Howard and Beebe competed in college athletics at the Division I level.

“We are thrilled to add these two powerhouse executives to the team,” said Joseph DeWoody, CEO of Valor. “They’ve previously held high-performing donor outreach and coaching positions at TCU and are familiar with mentoring others, motivating teams, and enhancing performance on an individual level. We’re anxious to have them begin in these roles, where they can both channel their competitive nature and apply it to Valor’s workforce and our growing roster of clients.”

Hanna Howard, Chief of Staff

Hanna Howard will serve as the organization’s chief of staff. A lifelong coach, she’ll help direct project management, communications, and strategic planning for the company’s future. The professional and specialty asset management services provided by Valor not only apply to individuals but also extends to include institutional clients – including churches, universities, colleges, banks, corporations, foundations, family offices, and endowments. Prior to joining Valor, Howard served as an associate head women’s basketball coach at both TCU and Fresno State, in addition to her time on the coaching staffs of Utah State and UC San Diego. She earned a BA in business communications from the University of Portland and a master’s degree from Concordia University in Irvine, Calif.

Ashley Beebe, Chief Growth Officer

Ashley Beebe will serve as Valor’s chief growth officer. In this role, she’ll oversee Valor’s business development efforts as a departmental head, directing both staff and resources in building up the company’s growing list of clientele. Prior to joining the company, Beebe was an associate director of major gifts for the TCU Frog Club, an athletic booster organization that raises funds and awards scholarships for the university’s athletic department. She also created two entrepreneurial ventures of her own and previously represented NFL-level talent as an agent with Willis & Woy Sports Group. She earned a bachelor’s degree from TCU and a JD from Texas Tech Law School, where she served as the president of the school’s Sports Law Society.

As one of the Southwest’s leading private asset managers, Valor provides business process outsourcing, proprietary software solutions, and accounting and management services for mineral rights owners and other private wealth clients. Thanks to the company’s revolutionary mineral.tech® software platform and mineral management services, Valor now oversees a combined 10.2 million gross acres and 560,000 net royalty acres of mineral and property rights on behalf of more than 100,000 interests across 32 U.S. states. The company’s professional services scope, focused primarily on private wealth management and oil and gas assets, extends beyond Valor’s business solutions and back-office services to include Valor Ignite™ – an on-demand business process outsourcing solution for accounting, marketing services, and contract c-suite engagements.