Crimson Midstream, Llc
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Crimson Midstream, Llc - overview
Established
2005
Location
Denver, CO, US
Primary Industry
Oil & Gas
About
Crimson Midstream is a transportation firm that specializes in the management and movement of energy resources through a well-established pipeline network across the United States. Founded in 2005 and headquartered in Denver, US, Crimson Midstream focuses on the transportation and management of energy resources. The company's operations are dedicated to providing essential pipeline services without any noted pivots or changes in business strategy. There is no information regarding subsidiaries or a parent company.
The founder's specific history is not available, nor have there been any disclosed funding rounds. The company has participated in 2 deals to date, indicating its active engagement in the market. Crimson Midstream primarily specializes in the transportation and management of energy resources through its extensive pipeline network. The company's core offerings include pipeline transportation services for natural gas, crude oil, and refined products, facilitating the efficient movement of these vital resources across various geographical markets in the United States.
By leveraging advanced technologies and proactive planning, Crimson ensures the safety and reliability of its operations while addressing the essential needs of its client base, which includes energy producers, industrial manufacturers, and local municipalities. The company's commitment to public safety is reflected in its educational outreach programs, designed to inform communities about safe practices related to digging and excavation near its infrastructure. These initiatives aim to foster long-term relationships with stakeholders and enhance awareness regarding environmental stewardship. Crimson Midstream generates revenue through its pipeline transportation services, engaging primarily in B2B transactions with energy producers and industrial clients.
The structure of these transactions often entails long-term contracts, which provide stability and predictability to revenue streams. Clients typically engage with Crimson under agreements that specify service levels, volume commitments, and pricing structures tailored to the specific energy products transported. The company’s pricing plans may be influenced by factors such as the type of resource being transported and the distance covered, allowing for flexibility in meeting customer needs while ensuring operational efficiency. By focusing on its core pipeline services, Crimson Midstream supports a diverse array of clients, contributing to its robust revenue generation model while prioritizing public safety and environmental protection.
Crimson Midstream is focused on expanding its operations and enhancing its service offerings in response to market demand. Future growth plans include the introduction of new pipeline segments to facilitate increased transport capacity and efficiency. The company is strategically targeting new regional markets within the United States to strengthen its footprint in the energy sector. Recent funding will support these initiatives as Crimson aims to enhance its operational capabilities.
NGP Energy Capital Management recently exited its stake in Crimson Midstream, although financial terms were not disclosed.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
https://www.crimsonmidstream.com
Total Amount Raised
Subscriber access only
Crimson Midstream, Llc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Crimson Midstream, Llc | - | ||||||||
| Unspecified Exit | Completed | Crimson Midstream, Llc | - |
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