Cardinal Midstream

United States
Wright City, Oklahoma, United States, 75206

Company profile

Cardinal Midstream company profile

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.

Business identity

Contact email
[email protected]
Phone number
214-468-0700
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$1M-$10M
Founded
2008-01-01, Year

Headquarters

Postal code
75206
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Private Equity
Funding rounds
3
Total equity funding
$750M
Last funding
Private Equity / $300M / 2022-04-21
Last equity funding
Private Equity / $300M
Investors
1
Lead investors
1
Founders
2
Articles
5

Founders and investors

Founders

Douglas E. Dormer, Jr.Timothy A. Roberts

Lead investors

EnCap Flatrock Midstream

Investors

EnCap Flatrock Midstream