About Pinnacle Midstream
Pinnacle Midstream is a company based in Houston (United States) founded in 2014 by J Greg Sargent was acquired by Phillips 66 in May 2024. Pinnacle Midstream has raised $20 million across 2 funding rounds from investors including Phillips 66, Energy Spectrum and BP Energy Partners. The company has 9 employees as of December 31, 2017. Pinnacle Midstream offers products and services including Natural Gas Gathering, Crude Oil Processing, and Produced Water Gathering. Pinnacle Midstream operates in a competitive market with competitors including Dominion Energy, Eni Next, Shell, Oxy and Naturgy, among others.
- Headquarter Houston, United States
- Employees 9 as on 31 Dec, 2017
- Founders J Greg Sargent
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Pinnacle Midstream, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Phillips 66
& 2 more
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Employee Count
9
as on Dec 31, 2017
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Acquired by
Phillips 66
(May 20, 2024)
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Products & Services of Pinnacle Midstream
Pinnacle Midstream offers a comprehensive portfolio of products and services, including Natural Gas Gathering, Crude Oil Processing, and Produced Water Gathering.
Service for collecting and processing natural gas in the Midland Basin.
Handles gathering, stabilization, and storage of crude oil resources.
Manages disposal and gathering of produced water in oil operations.
Funding Insights of Pinnacle Midstream
Pinnacle Midstream has successfully raised a total of $20M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Pinnacle Midstream
Pinnacle Midstream has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Phillips 66, Energy Spectrum and BP Energy Partners.
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Energy infrastructure investments are managed by this firm.
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A private equity firm focused on energy-intensive industries is operated.
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Energy manufacturing and logistics services are provided globally.
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Investor details for Pinnacle Midstream
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Investments & Acquisitions by Pinnacle Midstream
Investment portfolio details for Pinnacle Midstream
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Financial Statements - Pinnacle Midstream
Detailed financials for Pinnacle Midstream
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Pinnacle Midstream Comparisons
Peer comparison for Pinnacle Midstream
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Competitors of Pinnacle Midstream
Pinnacle Midstream operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dominion Energy, Eni Next, Shell, Oxy and Naturgy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Energy production and transportation are conducted by Dominion Energy.
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Provider of exploration, production, and distribution services of oil & gas
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Shell is recognized as a global energy and petrochemical company.
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Integrated petroleum services are provided worldwide by Oxy.
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Electricity and natural gas distribution services are provided globally.
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Gazprom is engaged in the exploration, production, and distribution of natural gas.
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Detailed competitors of Pinnacle Midstream
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Latest news on Pinnacle Midstream
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Frequently Asked Questions about Pinnacle Midstream
Pinnacle Midstream was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Pinnacle Midstream is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
J Greg Sargent is the current CEO of Pinnacle Midstream. They have also founded this company.
Pinnacle Midstream is a funded company, having raised a total of $20M across 2 funding rounds to date.
As of Dec 31, 2017, the latest employee count at Pinnacle Midstream is 9.
Pinnacle Midstream was founded in 2014 and is headquartered in Houston, United States. Operations focus on the midstream sector of the oil and gas industry, including transportation, storage, and processing services. Leadership is provided by J Greg Sargent as founder and CEO. Activities support the movement of hydrocarbons from production sites to refineries or markets across key regions.
Pinnacle Midstream's top competitors include Dominion Energy, Shell and Oxy.
Pinnacle Midstream offers Natural Gas Gathering, Crude Oil Processing, and Produced Water Gathering.
Pinnacle Midstream has 3 investors. Key investors include Phillips 66, Energy Spectrum, and BP Energy Partners.