Cardinal Midstream
Dallas
About Cardinal Midstream
Cardinal was founded in 2008 with an initial $75 million equity commitment from EnCap Investments L.P. and EnCap Flatrock Midstream. In 2010, the equity commitment to Cardinal was increased to $280 million. Cardinal acquired and developed a substantial natural gas gathering, treating and processing system in the Arkoma Woodford Shale, and in 2012 the company sold all of its midstream assets and its natural gas contract treating business to Atlas Pipeline Partners, L.P. (NYSE: APL) for $600 million.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $10K – $50K
- Total funding: $750.0M
- Funding stage: Private Equity
- Last round: Private Equity (Apr 2022)
- Website: cardinalmp.com
- Phone: 214-468-0700
Industries & Categories
Energy, Natural Resources, Oil and Gas
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