Dallas C. Salazar, the Texas investor whose high-risk, high-conviction bets across U.S. shale and traditional hydrocarbons have fueled one of the region’s most significant privately held energy fortunes, has formally launched Two Texas Presidents, a new family office designed to centralize and accelerate the growth of the Salazar family’s rapidly expanding asset base.
Headquartered in Austin, Two Texas Presidents will manage and deploy capital sourced exclusively from Salazar and the Salazar family. The move marks a major milestone for an investor long known for spotting value early in unconventional basins, backing operators others overlooked, and aggregating assets at scale across the Haynesville, Utica, and Marcellus shales.
Salazar’s track record includes a series of large exits in the upstream and resource technology sectors, supported by working interest ownership, private credit structures, and equity stakes in both established and emerging energy companies. According to public filings via EDGAR, a Securities and Exchange Commission database, the family’s holdings now span a substantial portfolio of producing wells, industrial assets, and commodity linked investments; an asset base that industry observers say places the Salazar family among the most significant private players in the U.S. natural resource landscape.
Two Texas Presidents will build on that foundation by expanding the family’s footprint in commodities, industrial technologies, and resource-adjacent innovation. The firm will also continue Salazar’s longstanding strategy of acting as a direct lender and principal investor in energy, industrial, and alternative energy ventures, an approach that has historically generated outsized returns through disciplined risk-taking and aggressive asset aggregation.
“The shale revolution rewarded investors who were willing to take real risk and stay ahead of the curve,” Salazar said. “Two Texas Presidents gives us the structure to scale what we’ve already built, move faster on opportunities others can’t underwrite, and continue backing the operators, technologies, and assets that will define the next era of American energy and industrial growth.”
Over more than a decade, Salazar has been involved in projects tied to the development of the Haynesville Shale and other unconventional basins, while also leading the monetization of several family-owned portfolio companies through public events and strategic exits. His investment style, uniquely contrarian, concentrated, and unapologetically high-risk, has become a hallmark of his rise in the energy and industrial finance ecosystem.
Two Texas Presidents will operate independently and will not raise outside capital. The firm is being advised by E.F. Hutton & Co., the New York–based investment bank.
Additional investment initiatives are expected to be announced later this year.
Media Contact
Ted Haberfield
thaberfield@mzgroup.us
