Cody Campbell (businessman)

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]

Cody C. Campbell
Born (1981-09-29) September 29, 1981 (age 44)
Alma materTexas Tech University (BBA, MS)
OccupationsBusinessman, 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 of
Texas Tech University System Board of Regents (Chairman, 2025–); Texas Public Policy Foundation

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

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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] 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

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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]

He 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

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Campbell was undrafted during the 2005 season but signed a free-agent contract with the Indianapolis Colts immediately after the draft.[17] He 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

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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 his football career, Campbell 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 only employees, the two 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

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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

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

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.[40]

References

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  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. "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.
  40. "Leadership". Retrieved 2026-06-18.