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Traverse Midstream

Traverse Midstream Revenue

Oil, Gas, and MiningFlag of USEdmond, Oklahoma, United States1-10 Employees

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Traverse Midstream revenue & valuation

Annual revenue$171,110
Revenue per employee$86,000
Estimated valuation?$547,552
Total funding$545,000,000

Key Contact at Traverse Midstream

Flag of US

Dave Shiels

CEO

Company overview

Headquarters3540 S. Boulevard, Ste. 200, Edmond, OK 73013, US
Phone number+14056973030
Website
NAICS211
SIC492
Employees1-10
Socials

About Traverse Midstream

Strategic, Non-Operated Ownership in Midstream Infrastructure Traverse Midstream Partners LLC was formed in June 2014 by The Energy & Minerals Group (EMG) to build a portfolio of non-operated midstream assets. Through key relationships with EMG’s upstream subsidiaries, Traverse quickly closed two highly accretive deals: Rover Pipeline and Ohio River System. Given its non-operated structure, Traverse is intently focused on partnering with best in class operators. Energy Transfer Partners, Traverse’s joint venture partner on Rover Pipeline and Ohio River System, fits squarely into that profile. Traverse Midstream has funded its initial $500 million equity commitment from EMG and total financing of nearly $1 billion has been secured to fully fund remaining capital expenditures on its two initial investments. Access to further equity funding is underway to pursue additional growth projects and acquisitions. Traverse’s management team has experience in virtually every domestic production basin and midstream asset type. We also have strong backgrounds in M&A, joint ventures, commercial and financial structuring. Going forward, Traverse aims to partner with producers and midstream companies looking for strategic capital. But we are more than a partner. Our team can help establish, build and operate world class midstream businesses.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

Traverse Midstream has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

Explore Traverse Midstream's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2014-10-3015$545,000,000

Funding Insights

$545,000,000

Total funding amount

$545,000,000

Most recent funding amount

1

Number of funding rounds

Traverse Midstream Tech Stack

Discover the technologies and tools that power Traverse Midstream's digital infrastructure, from frameworks to analytics platforms.

Cowboy

Cowboy

Web servers

Erlang

Erlang

Programming languages

Frequently asked questions

Traverse Midstream is located in Edmond, Oklahoma, US.
You can reach Traverse Midstream at +14056973030.
Traverse Midstream generates an estimated annual revenue of $171,110. This revenue figure reflects the company's market position and business performance in its industry.
Traverse Midstream has an estimated valuation of $547,552. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Traverse Midstream has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.
Traverse Midstream has raised a total of $545,000,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

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