Cody Campbell (businessman)

Last updated
Cody C. Campbell
Born(1981-09-29)September 29, 1981
Lubbock, Texas, U.S.
NationalityAmerican
Alma materTexas Tech University (BBA in Finance & Economics, MS in Finance)
Occupation(s)Businessman, former professional athlete
Years active2008–present
Known forOil & gas entrepreneur, energy investments in Permian Basin
Major Texas Tech Red Raiders booster
TitleCEO of Double Eagle Energy Holdings
Board member ofTexas Tech University System Board of Regents (Chairman, 2025–); Texas Public Policy Foundation

Cody Cagle Campbell (born September 29, 1981) [1] is an American businessman and former college and professional athlete. He played as an offensive lineman for the Texas Tech Red Raiders and the Indianapolis Colts. [2] [3]

Contents

He currently serves as co-CEO, and was the co-founder, of Double Eagle Energy Holdings, an upstream oil and gas company headquartered in Fort Worth, Texas. [2] Campbell has been a member of the Texas Tech University System board of regents since April 2021 and the board chair since April 2025, [4] [5] and has played a major role in his alma mater's NIL initiative. [6]

Early life

Campbell was born in Lubbock, Texas, the child of Cliff and Reagan (née Cagle) Campbell. [5] [7] He is the older of two children; he has a younger brother, Brady. [8] His father Cliff played football at Texas Tech University. [9] His roots at Tech go even deeper—he is a fourth-generation Tech alumnus, with one of his great-grandfathers having been in Tech's first entering class in 1925. [6]

Campbell grew up in Canyon, Texas, and graduated from Canyon High School. [10] For his play on Canyon High School’s football team, Campbell was named an All-State offensive lineman. [11]  Additionally, Campbell was a National Merit Scholar. [12]

College career

Campbell was part of coach Mike Leach's first recruiting class at Texas Tech in 2000; after redshirting the 2000 season, he was a four-year letterman and two-year starter for the Red Raiders. [13] [14] During his time at Texas Tech, Campbell received multiple All Big 12 and Academic Big 12 Honors as an offensive guard. [15]

Campbell graduated from Texas Tech with a double major BBA in Finance and Business Economics with Honors, and a Master of Science in Finance. [16]

NFL career

Campbell was undrafted during the 2005 season but signed a free-agent contract with the Indianapolis Colts immediately after the draft. [17] Campbell remained a member of the team until August 2006, when his football career was cut short by a severe injury. [18] [19] [20]

Business career

Campbell began his business career while still a student at Texas Tech, founding a small real estate company with his childhood friend, football teammate, and future Double Eagle co-founder John Sellers. [12] After Campbell's football career, he re-entered the real estate space and took a position with Paul Kite's company in Indianapolis, Indiana. [12]

In 2008, Campbell partnered with Sellers to pursue opportunities in the oilfield. [18] Starting as the two sole employees, Campbell and Sellers began acquiring oil and gas assets in the Haynesville Shale, the Eagle Ford Shale, and the Permian Basin areas. [18] [21] The duo named their company “Double Eagle” in homage to the hometown high school mascot. [22] Over time, the pair built an operating team, and began drilling their own wells, eventually moving into highly technical horizontal drilling. [21]

Campbell and Sellers joined forces with Apollo Global Management in 2013 to pursue opportunities in the Anadarko and Ardmore Basins of Oklahoma, while maintaining their operations in other basins. [23] [24] This joint venture with Apollo, called Double Eagle Energy Holdings, was sold to Aubrey McClendon's American Energy Non-Op in November 2014. [25]

In 2015, Sellers and Campbell formed Double Eagle Energy Holdings II. [26] The company was sold to Parsley Energy in 2017. [27] [12]

Following the sale of Double Eagle Energy Holdings II, Sellers and Campbell formed Double Eagle Energy Holdings III in the Midland Basin. [28]

The pair merged their company with FourPoint Energy to create Double Point Energy in 2018, which sold to Pioneer Natural Resources in April 2021. [29]

In 2022, Campbell and Sellers subsequently formed Double Eagle Energy Holding IV, this time in partnership with Encap Energy Capital. [30] The company accumulated a large acreage position once again in the Midland Basin before selling to Diamondback Natural Resources in February 2025. [31]

In addition to Double Eagle, Sellers and Campbell are also CEOs and co-founders of Tumbleweed Royalty, which is a large mineral and royalty acquisition company that operates across the United States. [32] Tumbleweed Royalty IV was sold to Viper Energy Inc. in September 2024. [32]

Texas Tech University

Governor Greg Abbott appointed Campbell to the Texas Tech System Board of Regents in 2021, [33] and he was elected Chairman of the Board in 2025. [4]

Campbell helped fund a renovation of Texas Tech’s athletic facilities. [34] The football field at Jones AT&T stadium was named “Cody Campbell Field” in his honor. [34]  Campbell, along with John Sellers, founded Texas Tech’s Name Image and Likeness (NIL) Collective, the Matador Club. [35]

Campbell was named the Texas Tech Rawls College of Business Distinguished Alumnus in 2019. [4]

Personal life

Campbell is married to Tara Campbell. [36] The couple met while students at Texas Tech and have four children together. [36]

Additionally, Campbell is involved in service to several organizations, including serving on the Board of Directors for the Texas Public Policy Foundation, [37] and was a board member and is a Distinguished Fellow at the America First Policy Institute. [38] [39] Campbell also serves on the Board of Trustees of All Saints Episcopal School of Fort Worth. [7]

References

  1. "Cody Campbell". KCBD. Gray Television. Retrieved 14 July 2025.
  2. 1 2 Cody Campbell Reporter (2024-03-08). "Cody Campbell's Fort Worth energy company sells for $4 billion". Fort Worth Star‑Telegram. McClatchy. Retrieved 2025-07-14.
  3. James Clark (2025-05-16). "As changes loom, we wait to see Tech impact, Red Raider Cody Campbell becoming leading voice on fixing college athletics". Lubbock Lights. Retrieved 2025-07-14.
  4. 1 2 3 "Board of Regents: Cody Campbell". Texas Tech University System. Retrieved July 25, 2025.
  5. 1 2 Rosiles, Mateo (October 11, 2021). "New regent Campbell builds upon family legacy". The Daily Toreador. Retrieved July 14, 2025.
  6. 1 2 Jeyarajah, Shehan (June 26, 2025). "West Texas boom: Inside Texas Tech's bold all-in bet on NIL and the billionaire landman responsible". CBSSports.com. Retrieved July 22, 2025.
  7. 1 2 "CHS alum Cody Campbell tabbed Chairman of TTU System Board of Regents". San Antonio Express-News. Hearst Newspapers. 2025-04-17. Retrieved 2025-07-14.
  8. EverythingLubbock.com Staff (2025-06-12). "Former Tech football players land $2.8 billion oil deal, now two of the richest Texans under 40". EverythingLubbock.com. Retrieved 2025-07-14.
  9. "Red Raider Football: A Family Tradition". Texas Tech Red Raiders. Retrieved 2025-07-14.
  10. Egel, Ben. "Billion, with a capital B: Canyon High grads sell mineral rights for $2.8B". Amarillo Globe-News. Retrieved 2025-07-14.
  11. "Texas Tech Announces 2000 Football Signees". Texas Tech Red Raiders. Retrieved 2025-07-14.
  12. 1 2 3 4 "Billion, with a capital B: former Texas Tech football players sell company for $2.8B". Lubbock Avalanche-Journal. Retrieved 2025-07-14.
  13. The New York Times Staff (2023-09-07). "Texas Tech's $5 Million Football Recruit Who Just Signed for an Also-Ran". The New York Times. Retrieved 2025-07-14.
  14. EverythingLubbock.com Staff (2025-07-14). "Former TTU football player reflects on his time under head coach Mike Leach". EverythingLubbock.com. Retrieved 2025-07-14.
  15. Mateo Rosiles (2025-04-15). "Cody Campbell, Dusty Womble elected to oversee Texas Tech University System, 5 universities". Lubbock Avalanche-Journal. Retrieved 2025-07-14.
  16. Tim Ritter (2025-04-15). "Cody Campbell, Dusty Womble elected to oversee Texas Tech University System, 5 universities". Lubbock Avalanche-Journal. Retrieved 2025-07-14.
  17. "Cody Campbell | Hart Energy". www.hartenergy.com. 2015-09-30. Retrieved 2025-07-14.
  18. 1 2 3 James Fontanella-Khan (2023-08-17). "Shell's clean energy push meets resistance". Financial Times. Retrieved 2025-07-14.
  19. "Colts waive three players". WTHR. 2023-07-20. Retrieved 2025-07-14.
  20. Kristina Jackson (October 2014). "Rising stars of Dallas oil and gas industry". D CEO Magazine. Retrieved 2025-07-14.
  21. 1 2 "Meet the Shalennials: CEOs under 40 making millions in Texas Oil". NZ Herald. 2018-09-17. Retrieved 2025-07-14.
  22. Mella McEwen (2022-06-29). "What's in a name: Double Eagle oil company". Midland Reporter-Telegram. Retrieved 2025-07-14.
  23. "Partnership plans oil, gas investments". 2013-04-26. Retrieved 2025-07-14.
  24. "Apollo Doubles Down on Energy Venture". Wall Street Journal. 2014-11-20. ISSN   0099-9660 . Retrieved 2025-07-14.
  25. Marks, Jay F. "American Energy affiliate buys stake in Oklahoma oil fields". The Oklahoman. Retrieved 2025-07-14.
  26. "FourPoint, Double Eagle To Form Midland Basin Pure-Play | Hart Energy". www.hartenergy.com. 2018-06-05. Retrieved 2025-07-14.
  27. "Under the Double Eagle". Permian Basin Oil and Gas Magazine. 2022-05-02. Retrieved 2025-07-14.
  28. Midland Reporter-Telegram staff (2017-09-03). "Double Eagle Energy returns as Double Eagle III". Midland Reporter-Telegram. Retrieved 2025-07-14.
  29. "Double Eagle Targeting 'Very Large' Permian Acquisitions with $1.7B PE Commitment". naturalgasintel.com. 2022-06-21. Retrieved 2025-07-14.
  30. Fort Worth Inc. Staff (2025-04-02). "Double Eagle and EnCap Launch $2.5B Partnership to Expand Oil and Gas Investments in the Permian Basin". Fort Worth Inc. Retrieved 2025-07-14.
  31. Yahoo Finance (2024-09-15). "Diamondback Completes Acquisition of Double Eagle". Yahoo Finance. Retrieved 2025-07-14.
  32. 1 2 "Diamondback Subsidiary Viper Closes $900MM Midland Royalty Deal | Hart Energy". www.hartenergy.com. 2024-10-02. Retrieved 2025-07-14.
  33. "Can Nick Saban and a Texas billionaire fix college sports? What we know about their vision". CBSSports.com. 2025-05-09. Retrieved 2025-07-31.
  34. 1 2 "Texas Tech receives $25 million from Cody Campbell". Philanthropy News Digest (PND). Retrieved 2025-07-31.
  35. "How Texas Tech built a portal class so good Notre Dame tried to poach the GM". ESPN.com. 2025-02-11. Retrieved 2025-07-31.
  36. 1 2 "Who Is Billionaire Cody Campbell, Co-Chairing Nick Saban On The Presidential Commission Studying College Sports? | College Sports Network". 2025-05-09. Retrieved 2025-07-31.
  37. "The Group at the Center of Trump's Planning for a Second Term Is One You Haven't Heard of". 2024-10-24. Retrieved 2025-07-31.
  38. "Conservative think tank laying groundwork for a second Trump term raised millions from a single anonymous donor | CNN Politics". CNN. 2023-12-06. Retrieved 2025-07-31.
  39. "Nick Saban to co-chair President Trump's planned commission on college athletics: Sources". Yahoo Sports. 2025-05-08. Retrieved 2025-07-31.