Investment adviser · CRD 167087

BP CAPITAL ENERGY ADVISORS, LLC

DALLAS, TX, United States · Form ADV filed Mar 10, 2026

Regulatory AUM
$537M
Form ADV · Item 5.F
Client accounts
6
Accounts, not individual clients
Employees
9
Reported in this filing
Advisory professionals
7
Investment advisory functions

How this adviser has changed

Annual filings

Regulatory assets under management

Reported regulatory AUM by annual filing$0$319M$637MFY 2021: $635,221,278.00FY 2021FY 2022: $633,515,450.00FY 2022FY 2023: $637,325,877.00FY 2023FY 2024: $530,655,882.00FY 2024FY 2025: $537,243,695.00FY 2025

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal yearRegulatory AUMEmployeesFiled
2021$635,221,2789Mar 31, 2022
2022$633,515,4509Mar 28, 2023
2023$637,325,8779Mar 28, 2024
2024$530,655,88211Mar 28, 2025
2025$537,243,6959Mar 10, 2026

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles6$537,243,695100.0%
Filing source

Form ADV 2066434 · Mar 10, 2026 · Item 5.D

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

6 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

BP NATURAL GAS OPPORTUNITY PARTNERS II, LPPrivate Equity Fund$199MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator IQEQ DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor BDO USA, LLP DALLAS, Texas, United States Other funds reporting this name →
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, LLP
PCAOB 243

Fund details & source
Fund ID
805-7847591059
Reported beneficial owners
71
Minimum commitment
$0
Form D file number
021-312165

Form ADV 2066434 · Mar 10, 2026 · Schedule D 7.B.(1)

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BP OPPORTUNITIES PARTNERS III, L.P.Private Equity Fund · Master$141MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator IQEQ DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor BDO USA, LLP DALLAS, Texas, United States Other funds reporting this name →
Custodian BOK FINANCIAL SECURITIES, INC. TULSA, Oklahoma, United States Related to adviser: No Other funds reporting this name →
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No Other funds reporting this name →
Marketer KIDRON CAPITAL SECURITIES LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Marketer SPARRING PARTNERS CAPITAL LLC SHORT HILLS, New Jersey, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

BDO USA, LLP
PCAOB 243

BOK FINANCIAL SECURITIES, INC.
SEC 8-35381

KIDRON CAPITAL SECURITIES LLC
CRD 149826 · SEC 8-68192

SPARRING PARTNERS CAPITAL LLC
CRD 133780 · SEC 8-66777

Fund details & source
Fund ID
805-8734466540
Reported beneficial owners
52
Minimum commitment
$0
Form D file number
021-518393

Form ADV 2066434 · Mar 10, 2026 · Schedule D 7.B.(1)

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BP-NOVITECH INVESTMENT HOLDINGS LLCPrivate Equity Fund$28.3MGross asset value
Auditor BDO USA, LLP DALLAS, Texas, United States Other funds reporting this name →
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

BDO USA, LLP
PCAOB 243

Fund details & source
Fund ID
805-5224110296
Reported beneficial owners
4
Minimum commitment
$0

Form ADV 2066434 · Mar 10, 2026 · Schedule D 7.B.(1)

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BP-ALYESCHEM COINVESTOR AGGREGATOR I LLCPrivate Equity Fund$7.39MGross asset value
Fund administrator IQEQ DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor BDO USA, LLP DALLAS, Texas, United States Other funds reporting this name →
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, LLP
PCAOB 243

Fund details & source
Fund ID
805-3562597565
Reported beneficial owners
13
Minimum commitment
$0

Form ADV 2066434 · Mar 10, 2026 · Schedule D 7.B.(1)

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BP-ENCINO HOLDINGS LLCPrivate Equity Fund$2.98MGross asset value
Fund administrator IQEQ DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor BDO USA, LLP DALLAS, Texas, United States Other funds reporting this name →
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BDO USA, LLP
PCAOB 243

Fund details & source
Fund ID
805-1773963062
Reported beneficial owners
3
Minimum commitment
$0

Form ADV 2066434 · Mar 10, 2026 · Schedule D 7.B.(1)

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BP NATURAL GAS OPPORTUNITY PARTNERS, L.P.Private Equity Fund$396KGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Fund administrator IQEQ DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor PRICEWATERHOUSE COOPERS LLP GRAND CAYMAN, Cayman Islands Other funds reporting this name →
Custodian FIRST-CITIZENS BANK & TRUST COMPANY SANTA CLARA, California, United States Related to adviser: No Other funds reporting this name →
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

PRICEWATERHOUSE COOPERS LLP
PCAOB 238

Fund details & source
Fund ID
805-4680458696
Reported beneficial owners
83
Minimum commitment
$0
Form D file number
021-216602

Form ADV 2066434 · Mar 10, 2026 · Schedule D 7.B.(1)

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since May 7, 2025 · previous imported filing

  • Regulatory AUM$530,655,882 → $537,243,695
  • Employees11 → 9
Filing source

Form ADV 2066434 · Mar 10, 2026 · Items 1 & 5

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary
$537M
Non-discretionary
$0

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

2911 TURTLE CREEK BOULEVARD, SUITE 400
DALLAS, TX, 75219, United States

CRD 167087

Filing source

Form ADV 2066434 · Mar 10, 2026 · Items 1 & 5

Reported by BP CAPITAL ENERGY ADVISORS, LLC (CRD 167087).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.