Moda Midstream
- Company typePrivate
- Founded2015
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Moda Midstream firmographics
Firmographics- Name
- Moda Midstream
- Legal name
- Moda Midstream, LLC
- Website
- https://modamidstream.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Moda Midstream industry classification
Industry- Product category
- Liquids Terminaling and Midstream Logistics
- NAICS
- General Warehousing and Storage (493110), Refrigerated Warehousing and Storage (493120)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Natural Gas Transmisison & Distribution (4923), General Industrial Machinery & Equipment (3560)
- akta.pro primary industry
- Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection) (EUALADAK)
- akta.pro secondary industry
- Loading/Unloading & Transfer Equipment (Telescopic Conveyors, Loaders, Tipplers) (IMAHABAI)
Keywords
Where Moda Midstream is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Moda Midstream business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain
Revenue model
- Terminaling and Storage Services: Fee-based terminaling, storage and distribution solutions for crude oil, condensate, NGLs, refined products and other bulk liquids. Revenue generated through storage capacity fees, throughput fees, and loading/unloading charges.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Moda Midstream product offering
Product offeringCore offering
Moda Midstream is an independent midstream solutions provider that delivers fee-based terminaling, storage, and distribution services to refiners, petrochemical manufacturers, producers, and marketers of crude oil, condensate, NGLs, refined products, and other bulk liquids. Services span deep-water vessel loading and unloading, on-site storage tanks, blending, processing, and pipeline operations across Gulf Coast facilities, with growing focus on ammonia and low-carbon energy transition fuels.
Product overview
Moda Midstream operates as an independent midstream solutions provider offering a portfolio of liquids terminaling and logistics services. The core platform (Moda Midstream) provides terminaling, storage, and distribution solutions for crude oil, condensate, NGLs, refined products, and other bulk liquids. Key infrastructure assets include: the Moda Ingleside Energy Center (a premier crude export terminal with VLCC capabilities, now owned by Enbridge), the Moda Taft Terminal (pipeline-connected storage hub), and the Vopak Moda Houston joint venture terminal (deepwater ammonia/NGL terminal on Houston Ship Channel). The company also launched Moda Midstream II in late-2023 to pursue new midstream opportunities. Recent strategic initiatives include a low-carbon ammonia production and export project in partnership with INPEX, Air Liquide, and LSB Industries, positioning the company in the energy transition space.
Differentiator
Problem solved
Functional benefit
Products and services
- Moda Midstream Independent Midstream Solutions Fee-based terminaling, storage, blending, processing, and distribution services for crude oil, condensate, NGLs, refined products, and other bulk liquids, delivered through deep-water Gulf Coast facilities with multi-pipeline connectivity. Targeted at refiners, petrochemical manufacturers, producers, and marketers.
- Vopak Moda Houston Terminal Deep-water ammonia and NGL storage, import, and export terminal on the Houston Ship Channel, designed to handle very large gas carriers (VLGCs) and barges. Provides refrigerated ammonia storage, pressurized bullet tank capacity, and direct pipeline connection to Houston's petrochemical complex. Marketed as a premier hydrogen and low-carbon ammonia hub on the U.S. Gulf Coast.
- Moda Midstream II Second-generation independent midstream solutions platform offering last-mile storage and transportation for traditional energy and transition fuels, including refiners, petrochemical manufacturers, producers, and marketers. Focused on safe and reliable operations with deep-water capabilities across the U.S. Gulf Coast.
- Low-Carbon Ammonia Production and Export Project Planned low-carbon ammonia production and export infrastructure on the Houston Ship Channel, anchored by an AutoThermal Reforming ammonia loop with carbon capture technology targeting at least 95% direct CO2 capture. Designed to serve transition-fuels buyers and integrators, leveraging Vopak Moda Houston for storage and export.
Quantifiable outcome
- 25% of all U.S. Gulf Coast crude exports loaded at MIEC in 2020
- +3 more outcomes
Companies that use Moda Midstream
Customer profileSegments5 records
Ideal customer profiles5 records
Moda Midstream technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Moda Midstream partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered major, minor and core.
- ExolummajorAcquired 50% interest in Vopak Moda Houston joint venture from Moda Midstream in January 2024. Exolum is a leading European logistics company for liquid products operating in nine countries.
- INPEX CorporationmajorPartnership with INPEX, Air Liquide, and LSB Industries to develop a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel. First phase targeted to produce 1.1 million tonnes per annum of low-carbon ammonia by end of 2027.
- Air Liquide GroupmajorPartner in low-carbon ammonia production project. Air Liquide would supply AutoThermal Reforming technology and proprietary carbon capture technology aiming to capture at least 95% of direct CO2 emissions.
- LSB Industries Inc.majorPartner in low-carbon ammonia production project. LSB would lead the selection of ammonia loop technology provider, pre-FEED, EPC, and day-to-day operation of the ammonia loop.
- Galveston Bay FoundationminorEnvironmental partnership to establish the Moda Marsh & Wetlands Preserve at the Gessner Center in Kemah, Texas. Multi-year financial and volunteer commitment for coastal wetlands preservation.
- Enbridge Inc.majorAcquired Moda Ingleside Energy Center and related assets for approximately $3 billion in October 2021. Transaction included MIEC, Taft Terminal, interests in Cactus II Pipeline, Viola Pipeline, and St. James Development Project.
- ErgonminorJoint venture to form Ergon Moda St. James, a brownfield crude terminal in one of America's largest refining markets. Located in St. James, Louisiana.
- Royal VopakcoreJoint venture partner in Vopak Moda Houston, a 50/50 partnership to develop a world-class deepwater terminal in the Port of Houston. Vopak brings 400+ years of tank storage history and global expertise. Vopak Moda Houston became fully operational in December 2021.
Scale indicators9 records
Recent moves15 records
Expansion highlights5 records
Moda Midstream competitors and assessment
Company assessmentDirect peers
- Energy Transfer: Diversified U.S. midstream operator with substantial crude, NGL, and refined products pipeline and marine terminal assets on the Gulf Coast, competing for the same enterprise customer base as Moda.
- Targa Resources: U.S. midstream company focused on NGL, natural gas, and crude logistics with Gulf Coast export terminals (e.g., Galena Park); comparable in serving refiners, petrochemical manufacturers and producers with terminaling infrastructure.
- Kinder Morgan: Major North American midstream operator with crude, NGL and refined products pipelines and terminals, including Gulf Coast export facilities, overlapping with Moda's storage and terminaling service offering.
- Enterprise Products Partners: Largest U.S. midstream MLP with extensive Gulf Coast crude, NGL, and petrochemical export infrastructure, including marine terminals; directly comparable business model of fee-based storage, terminaling, and pipeline services for refiners and producers.
- Buckeye Partners: Midstream operator with refined products and crude pipeline systems and terminal assets, providing fee-based storage and throughput services comparable to Moda's terminaling business model.
- Royal Vopak: Global independent tank storage operator and former 50/50 JV partner with Moda in Vopak Moda Houston; comparable business of bulk liquid storage and deepwater terminal services, with transition-fuel (ammonia, hydrogen) initiatives paralleling Moda's strategy.
- Exolum: European-based logistics company specializing in bulk liquid storage and distribution; acquired 50% of Vopak Moda Houston from Moda in January 2024, operating in adjacent geographies with comparable terminal services and a global customer base.
- Oiltanking (Marquard & Bahls): Global independent tank storage operator and the company from which multiple Moda founders and executives (e.g., Bo McCall, Kevin Campbell) came; provides comparable bulk liquid terminaling and storage services worldwide.
- Magellan Midstream Partners: U.S. midstream operator focused on refined products and crude oil pipelines and terminals, including marine terminals along the Gulf Coast; competes with Moda's terminaling and storage offering for similar enterprise customers.
- Enbridge: Major North American midstream operator that acquired Moda Ingleside Energy Center and related Gulf Coast terminal/pipeline assets from Moda Midstream for $3 billion in October 2021; competes with any new Moda crude export and terminal developments on the U.S. Gulf Coast.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Moda Midstream social profiles
Digital presenceModa Midstream financial estimates
Financial estimateRevenue estimate
Valuation estimate
Moda Midstream leadership team
Management profileNumber of profiles
Profiles9 records
Moda Midstream subsidiaries and ownership
Company hierarchySubsidiaries2 records
Moda Midstream funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Moda Midstream M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Moda Midstream
What does Moda Midstream do?
Moda Midstream is an independent midstream solutions provider that delivers fee-based terminaling, storage, and distribution services to refiners, petrochemical manufacturers, producers, and marketers of crude oil, condensate, NGLs, refined products, and other bulk liquids. Services span deep-water vessel loading and unloading, on-site storage tanks, blending, processing, and pipeline operations across Gulf Coast facilities, with growing focus on ammonia and low-carbon energy transition fuels.
Is Moda Midstream a public or private company?
Moda Midstream is a private company. It is classified as private equity controlled and is currently operating.
When was Moda Midstream founded?
Moda Midstream was founded in 2015. It employs 11 to 50 people.
Where is Moda Midstream based?
Moda Midstream is headquartered in Houston, United States, in the North America region.
How does Moda Midstream make money?
One revenue line is on record: terminaling and Storage Services.
Who are Moda Midstream's main competitors?
Direct peers on record are Energy Transfer, Targa Resources, Kinder Morgan, Enterprise Products Partners, Buckeye Partners, Royal Vopak, Exolum, Oiltanking (Marquard & Bahls), Magellan Midstream Partners and Enbridge.
Does Moda Midstream have an API?
No public API is recorded for Moda Midstream.
What industry is Moda Midstream in?
Moda Midstream's product category is Liquids Terminaling and Midstream Logistics. Its primary akta.pro industry code is EUALADAK, Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection), with a secondary code of IMAHABAI, Loading/Unloading & Transfer Equipment (Telescopic Conveyors, Loaders, Tipplers). Its NAICS code is 493110 and its SIC code is 3533.