Category: Awards

Inaugural ranking places Valor among the fastest-growing private companies in America

FORT WORTH, TX (Aug. 15, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in providing mineral management and oil and gas outsourcing, is honored to be ranked No. 572 on the 2023 Inc. 5000, an annual list of the fastest-growing private companies in America. For those featured in these prestigious rankings, a first for Valor, the list offers a data-driven snapshot of the most successful companies within the economy’s most dynamic segment – independent, entrepreneurial businesses. 

“Being recognized on the 2023 Inc. 5000 list underscores Valor’s commitment to delivering on services that provide innovative solutions for the people and clients we serve,” said Joseph DeWoody, CEO of Valor. “I’m grateful to the entire team, whose dedication and exceptional efforts earned us a spot on this prestigious list. We’re proud to stand among the most successful companies in America and look forward to many years of continued growth.”  

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. Some of the best-known brands, including Facebook, Patagonia, Chobani, Under Armour, Microsoft and dozens of other household names, all received their first significant national recognition as honorees on the Inc. 5000 list. All combined, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. 

“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000 – with the fast growth that requires – is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.” 

Founded in 2018, Valor has steadily grown to become one of the Southwest’s leading mineral management companies, providing targeted services such as land management, oil and gas accounting, and lease negotiation and counsel. The foundation and cornerstone of Valor’s mineral management services is mineral.tech^®, a proprietary mineral management platform designed to optimize and track oil and gas assets. The company also provides oil and gas outsourcing services for operators and investors, partnering with companies to offer bookkeeping, oil and gas accounting, and other back-office operations. Valor is headquartered in Fort Worth and maintains a satellite office in Midland, Texas.

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 is headquartered in Fort Worth and maintains a satellite office in Midland, Texas. Valor has been singled out for several prestigious awards, including the Inc. 5000 list, Best Places to Work, Tech Titans, and Most Inspiring Places to Work. Explore the benefits of partnering with Valor to manage mineral rights and outsource accounting and back office services by visiting www.onevalor.com.

More about Inc. and the Inc. 5000

About Inc.: 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. 

For more information on the Inc. 5000 Conference & Gala, slated for October 31 – November 2 in San Antonio, visit http://conference.inc.com/.  

Inc. 5000 Methodology:

Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. 

Adam Powell and Joseph DeWoody join 30 other North Texas energy executives singled out for their contributions

FORT WORTH, TX (Aug 7, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in providing mineral management and oil and gas outsourcing, is pleased to announce that two of their executives have been named finalists in D CEO’s 2023 Energy Awards. The finalists at Valor include Adam Powell, the company’s chief accounting officer and Joseph DeWoody, the CEO and co-founder of Valor.

Now in its sixth year, the D CEO’s Energy Awards were created to recognize and honor outstanding individual leaders in the oil and gas, energy finance, and renewable sectors who continue to innovate and propel the industry forward. Nominations are open to industry players from East Texas to the Permian Basin, provided there is a strong North Texas tie. Both Powell and DeWoody will join the other 30 finalists at a special awards presentation in October where the winners will be announced, and all will be featured in the November issue of D CEO.

Adam Powell is a CPA with multiple years of experience in public accounting as a financial statement auditor for publicly and privately held clientele in the oil and gas, manufacturing, distribution, and healthcare industries. He serves as the head of the company’s finance department while supporting the oil and gas accounting team that manages Valor’s clients spanning 32 different U.S. states.

Joseph DeWoody is the co-founder and CEO of Fort Worth-based Valor, a professional asset services provider specializing in mineral rights and oil and gas outsourcing. Since founding the company in 2018, DeWoody has helped Valor become one of the Southwest’s leading private asset managers. DeWoody has two decades of experience in the oil and gas industry, having worked in the exploration, development, production, and investment side of the business. He’s earned several professional titles, including Certified Mineral Manager (CMM), Certified Professional Landman (CPL), and Certified Professional Lease and Title Analyst (CPLTA). Appointed to the Texas Board of Professional Geoscientists by Gov. Rick Perry, DeWoody also serves as director of the National Association of Royalty Owners – Texas and has served as the Chapter Chair of YPO Fort Worth and YPO West Texas. He’s also a certified brand strategist, digital marketing professional, and has been trained in both coding and technology.

Founded in 2018, Valor has steadily grown to become one of the Southwest’s leading mineral management companies, providing targeted services such as land management, oil and gas accounting, and lease negotiation and counsel. The foundation and cornerstone of Valor’s mineral management services is mineral.tech^®, a proprietary mineral management platform designed to optimize and track oil and gas assets. The company also provides oil and gas outsourcing services for operators and investors, partnering with companies to offer bookkeeping, oil and gas accounting, and other back-office operations. Valor is headquartered in Fort Worth and maintains a satellite office in Midland, Texas.

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 is headquartered in Fort Worth and maintains a satellite office in Midland, Texas. Valor has been singled out for several prestigious awards, including the Inc. 5000 list, Best Places to Work, Tech Titans, and Most Inspiring Places to Work. Explore the benefits of partnering with Valor to manage mineral rights and outsource accounting and back-office services by visiting www.onevalor.com.

21st annual awards recognize outstanding performances in the workplace 

FORT WORTH, TX (April 27, 2023) – Valor, a Fort Worth-based specialty asset management company with expertise in mineral management and oil and gas operator services, is delighted to announce the company has won a Gold Stevie^® Award for Company of the Year, Financial Services in The 21st Annual American Business Awards^®. The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. 

“Receiving such a prestigious award is a testament to the hard work and dedication of our entire team, who work tirelessly to provide exceptional financial services and innovative solutions for our clients,” said Joseph DeWoody, CEO of Valor. “It’s an incredible honor to be recognized among the best organizations in our industry and we look forward to continuing to deliver excellence in all that we do.” 

More than 3,700 nominations from organizations of all sizes, representing a wide range of industries, were submitted for consideration in a variety of award categories. In the wide-ranging evaluation of performance metrics, Valor demonstrated significant progress and achievements when compared to other nominees in the financial services sector, earning the company a Gold Stevie^® Award title. More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

According to feedback from the panel of judges, Valor received high scores for innovation in developing a unique business model, with specialized offerings that set the company apart from traditional asset management firms. Valor was also recognized for its dedication in providing customized solutions and delivering exceptional service to its clients. This client-first approach contributed to helping the company achieve impressive growth in both size and revenue in a relatively short amount of time.

Founded in 2018, Valor has established offices in Fort Worth and Midland, Texas, and 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 its comprehensive 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.  

Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Tuesday, June 13. Tickets are now on sale. Details about The American Business Awards and the full list of 2023 Stevie winners are available at www.StevieAwards.com/ABA.    

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 44^th 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.

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.

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.

Designation recognizes global benchmark achievements in workplace culture

FORT WORTH, TX (Dec. 14, 2022) – Valor, a Fort Worth-based asset management company specializing in mineral rights and accounting-based software solutions, is honored to be Certified™ by Great Place to Work^® for creating an outstanding workplace culture and employee experience. The prestigious certification is awarded through a two-stage process that includes a questionnaire on company culture and workforce, and the completion of a research-backed employee experience survey. Since founding the company in 2018, CEO Joseph DeWoody has prioritized creating an environment where employees feel supported, empowered to learn and contribute to Valor’s overall growth. 

“The workplace culture, values, and mission we’ve established are at the core of our company’s success,” said Joseph DeWoody, CEO of Valor. “We’re committed to maintaining a balanced lifestyle and employee satisfaction and it makes us proud to join the ranks of other top workplaces. We have our employees to thank for helping us continue building an incredible community here at Valor.” 

Great Place to Work^® Trust Index employee survey provides an in-depth analysis of a company’s strengths and weaknesses. It’s backed by a data-driven model based on feedback from over 100 million employees around the globe. Compared to 57% of employees in a typical U.S.-based company, 96% of Valor’s employees shared their belief that the company is a great place to work. All employees also reported that when they joined the Valor team, they were made to feel both welcome and valued. 

“Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work^®. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that Valor is one of the best companies to work for in the country.”

As one of the Southwest’s leading private asset managers, Valor provides business process outsourcing, proprietary software solutions, 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 8.4 million gross acres and 450,000 net royalty acres of mineral and property rights across 32 U.S. states. 

For more information on Valor’s role as an asset professional services provider, please visit www.onevalor.com. 

About Valor:
Valor is a specialty asset management and professional services provider that uses technology and innovation to ease the burdens of asset management in the oil and gas industry. 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 8.4 million gross acres and 450,000 net royalty acres of mineral and property rights in 32 states. The company manages more than 100,000 interests, which generates over $150 million in annual revenue for Valor’s clients. Valor’s professional services scope also extends beyond the energy sector with Valor Ignite™ – an on-demand outsourcing solution for accounting, business process outsourcing, contract C-suite engagements and back-office support. Explore the benefits of partnering with Valor to manage mineral rights and streamline business operations by visiting www.onevalor.com.

About Great Place to Work®: 

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.

Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

Valor’s president of oil and gas division takes top honor at 2022 D CEO Energy Awards Gala

FORT WORTH, Texas, Nov. 2, 2022 /PRNewswire/ — Valor, a professional service provider specializing in mineral rights management and software-based business solutions, is pleased to announce that Matt Autry was recently honored with the “Rising Star” award at the 2022 D CEO Energy Awards. The annual award recognizes the North Texas executive who best exemplifies the qualities and character of a future leader in the oil and gas industry. The magazine feted all 28 finalists of the 2022 D CEO Energy Awards at a recent gala in the Arts District Mansion in Dallas.

“I am humbled and honored to have been selected to receive D CEO’s Rising Star Award,” says Matt Autry, president of the oil and gas division at Valor. “Industry recognition of any kind in the energy sector is a special occasion and I’m so thankful to D CEO and all of my colleagues at Valor that made this award possible. Valor is a very special place to work and I’m very fortunate to work with a company that encourages leadership, accountability, and professional development.”

D CEO Magazine is an award-winning publication dedicated to covering the commerce, industries, and business leaders making an impact in North Texas. This is the magazine’s fifth annual Energy Awards, recognizing the outstanding leaders of the oil and gas, finance, and renewable industries who are demonstrating progress in the energy sector. Adam Powell, Valor’s chief accounting officer, was also a finalist for Energy Finance Leader of the Year – and company CEO Joseph DeWoody was named last year’s Energy Services and Technology Executive of the Year.

Matt Autry has been with Valor since the company was founded in 2018 and was recently promoted to president of its oil and gas division. In this leadership role, Autry manages a team that’s doubled in size in the past year, while working to help clients optimize their mineral management. Though still under the age of 40, he’s already an industry veteran with two decades of experience managing mineral rights. Autry has played an instrumental part in Valor’s business solutions development, the flagship achievement of which includes the organization’s proprietary mineral.tech^® software platform. During his time at Valor, Autry led the effort on behalf of his team to recover hundreds of thousands in otherwise suspended or lost funds for clients, and millions more from divestitures. Autry’s oversight ensures that Valor’s software is continually evolving and he remains heavily vested in the day-to-day communications with his internal teams to manage platform updates.

As one of the region’s leading mineral management companies, Valor has oversight and management of 8.4 million gross acres and 450,000 net royalty acres of mineral and property rights in 32 states. Valor’s business solutions help manage more than 100,000 interests, which generate over $150 million in annual revenue for Valor’s clients. The company’s professional services scope also extends beyond Valor’s business solutions and back-office services in the energy sector to include Valor Ignite™ – an on-demand outsourcing services solution for accounting, business processes, contract C-suite engagements and back-office support. Valor manages assets for a wide range of client profiles, including individuals, families, partnerships, trusts, non-profits, universities, institutions, investment funds, and family offices.