About WTG Midstream
WTG Midstream is a company based in Midland (United States) founded in 2022 was acquired by Energy Transfer Partners in May 2024.. WTG Midstream operates in a competitive market with competitors including Spectra Energy, Explorer Pipeline, Traverse Midstream, TC PipeLines and Southern Star Central, among others.
- Headquarter Midland, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Energy Transfer Partners
(May 28, 2024)
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Funding Insights of WTG Midstream
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WTG Midstream
WTG Midstream has secured backing from 1 investor. Prominent investors backing the company include Energy Transfer Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Midstream services for oil and gas are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WTG Midstream
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WTG Midstream
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wtg Midstream Comparisons
Competitors of WTG Midstream
WTG 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 Spectra Energy, Explorer Pipeline, Traverse Midstream, TC PipeLines and Southern Star Central, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Natural gas pipeline transmission services are provided in North America.
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| domain | founded_year | HQ Location |
Provides natural gas transmission services through pipelines
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| domain | founded_year | HQ Location |
Operates as a natural gas transmission company focused on efficient energy distribution.
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| domain | founded_year | HQ Location |
Natural gas pipeline transmission services are provided.
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| domain | founded_year | HQ Location |
Provider of natural gas transmission services
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| domain | founded_year | HQ Location |
Natural gas pipeline system is operated in the United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wtg Midstream
Frequently Asked Questions about WTG Midstream
When was WTG Midstream founded?
WTG Midstream was founded in 2022.
Where is WTG Midstream located?
WTG Midstream is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
What does WTG Midstream do?
West Texas Gas Midstream, LLC is a privately held midstream company headquartered in Midland, Texas, focused on gas gathering and processing in the Permian Basin. The company has been acquired by Energy Transfer in a 3.25 billion transaction, expanding Energy Transfers presence in the natural gas transportation sector.
Who are the top competitors of WTG Midstream?
WTG Midstream's top competitors include Spectra Energy, Explorer Pipeline and TC PipeLines.
Who are WTG Midstream's investors?
WTG Midstream has 1 investor. Key investors include Energy Transfer Partners.