Meritage Midstream Growth, Revenue, Number of Employees and Funding

Overview

Location:
Denver, CO USA
Total Funding:$500M
Industry:Energy/Oil
Founded:2009
Lead Investor(s):Riverstone Holdings LLC
Press

Estimated Revenue & Financials

  • Meritage Midstream's estimated revenue is currently $18.1M per year.
  • Meritage Midstream received $300.0M in venture funding in April 2015.
  • Meritage Midstream's estimated revenue per employee is $229494
  • Meritage Midstream's total funding is $500M.

Employee Data

  • Meritage Midstream has 79 Employees.
  • Meritage Midstream grew their employee count by 5% last year.
  • Meritage Midstream currently has 2 job openings.

Executive Contacts

NameTitle
Nick ThomasPresident & COO
Terry HeraufVP Operations
Matthew DeNezzaChief Financial Officer
Richard GognatSenior Vice President and General Counsel
Kim HardmanDirector Operational Accounting
Jeff LayneChief Operating Officer
Brian PetersVP Engineering & Construction
Cody PierrouDirector - Business Optimization
Mark MoonDirector, Finance and Treasurer
William ChampionVice President, Finance and Treasurer

What Is Meritage Midstream?

"We believe that success occurs when preparation meets opportunity." Led by a team of seasoned professionals and formed in 2009, Meritage Midstream provides oil and gas producers across North America with a full complement of midstream services. Current operations are focused in Wyoming's Powder River Basin and in Western Canada's Montney and Duvernay regions. Capabilities include natural gas gathering, compression, treating and processing; NGL treating, fractionation and transportation; crude oil gathering, handling and transportation; and handling produced and flowback water. We put our customer's critical business concerns first and act as a strategic partner. Meritage has the financial support and expertise to act quickly and decisively, enabling our customers to take full advantage of opportunities in unconventional shale plays across the country.

keywords:N/A

79

Number of Employees

$18.1M

Revenue (est)

2

Current Jobs

5%

Employee Growth %

$500M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Meritage Midstream News

17-Aug-19 - One Reason Why Midstream Is Not 'Junk High Yield'

(KKR) to form a joint venture focused on Canadian assets, subsequently acquiring Meritage Midstream to further build out its footprint in natural ...

13-May-19 - Meritage Midstream Services’ New Plant More than Doubles Its Natural Gas Processing Capacity in Wyoming’s Powder River Basin

Long-term acreage dedications to Meritage Midstream's natural gas supersystem, a combination of multiple processing plants and an extensive ...

10-Jun-19 - PRB Takeaway: Meritage Midstream Launches Open Season ...

Meritage Midstream Launches Binding Open Season for New Movement on Thunder Creek Natural Gas Liquids Pipeline System ...

Meritage Midstream Funding

DateAmountRoundLead InvestorsReference
2012-07-20$500.0MUndisclosedRiverstone HoldingsArticle
2014-02-05$175.0MUndisclosedDeutsche Bank Trust Company AmericasArticle
2015-04-13$300.0MUndisclosedRiverstone Holdings LLCArticle

Meritage Midstream Executive Hires

DateNameTitleReference
2012-08-09Nicholas AretakisSVP/CFOArticle

Meritage Midstream Acquisitions

DateCompany NameAmountNotesReference
2013-08-21Thunder Creek Gas Services, LLCArticle