Marubeni makes Eagle Ridge a wholly owned unit

Japanese trading company Marubeni has acquired EagleRidge Energy II, making it a wholly owned subsidiary, according to reports. The move is part of Marubeni’s strategy to strengthen its natural gas supply chain, particularly in support of the growing demand for energy in the U.S. data center sector. EagleRidge Energy, based in Texas, is a key player in the Barnett Shale region, operating over 2,300 wells across 330,000 gross acres. The acquisition includes 24,000 net acres and infrastructure, a commercial cryogenic gas processing plant, and associated infrastructure.

This acquisition follows a prior transaction in 2018, when Marubeni sold its Texas shale oil and gas assets, including interests in the Eagle Ford region. The 2026 acquisition reflects a shift toward consolidating and expanding Marubeni’s U.S. energy holdings. EagleRidge Energy’s operations are expected to contribute to Marubeni’s broader energy portfolio, which includes liquefied natural gas (LNG) interests in multiple countries.

The transaction aligns with Marubeni’s ongoing efforts to optimize its asset base and enhance cash flow management. While the company has not disclosed financial terms of the deal, it is expected to support its long-term energy strategy and diversification goals.