West Texas Gas Inc.
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West Texas Gas Inc. - overview
Established
1976
Location
-, TX, US
Primary Industry
Oil & Gas
About
West Texas Gas Inc. is engaged in the distribution of natural gas, delivering essential services to residential and commercial clients primarily across Texas and Oklahoma, supporting their energy needs with a focus on infrastructure enhancement. Founded in 1976, West Texas Gas Inc. operates in the natural gas distribution sector, providing services to a diverse clientele.
The company is headquartered in Midland, Texas, US. There are no available details regarding any changes in business strategy or operations, nor about any parent or subsidiary relationships. West Texas Gas (WTG) specializes in the distribution of natural gas, providing essential services to both residential customers and commercial clients primarily in Texas and Oklahoma. The company’s core offerings encompass natural gas supply to over 25,000 residential customers and more than 6,000 commercial and industrial clients, including data centers requiring substantial energy loads ranging from 1 to 1,000 megawatts (MW).
WTG is committed to enhancing the customer experience by upgrading its infrastructure, currently implementing Honeywell NXU ultrasonic smart meters for residential services. Customers utilize these services for various applications, including heating, cooking, and industrial processes, addressing their energy needs efficiently. The geographical markets served extend beyond Texas and Oklahoma, catering to a broader clientele across the United States. West Texas Gas generates revenue through direct sales of natural gas to residential and commercial customers, structured on a transactional basis that reflects usage.
The company provides services via customized contracts tailored to the specific energy requirements of its clients, ensuring reliable gas supply. Revenue streams may include fixed-rate pricing plans and variable pricing based on consumption, although specific pricing details are proprietary. WTG's transactions typically involve direct engagement with consumers and businesses alike, promoting a model that fosters long-term partnerships and customer loyalty. The emphasis on safety and customer service further enhances WTG’s reputation and market presence, contributing to its overall revenue stability.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.westtexasgas.com
Total Amount Raised
Subscriber access only
West Texas Gas Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Sago Energy | - |
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