Midstream Energy Partners
Midstream Energy Partners is a Calgary-headquartered private midstream energy company that markets and distributes propane, butane, natural gasoline, and crude oil to refineries, producers, industrial, and residential customers across North America via 20+ terminals, a 1,500+ railcar fleet, and 60-tractor Transco Logistics trucking operations.
- Company typePrivate
- Founded1993
- HeadquartersCalgary, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Midstream Energy Partners does
Midstream Energy Partners is a privately held North American midstream energy company headquartered in Calgary, Alberta, with operational headquarters in Tupman, California. Founded in 1993 and substantially rebuilt through acquisitions beginning in October 2018, the company markets and distributes propane, butane, natural gasoline, and crude oil to refineries, industrial customers, oil and gas producers, and residential end-users. Its core assets include over 20 terminals across the United States and Canada, a Bakersfield-based fractionation and isomerization complex, more than 1,500 railcars under management, a 60-tractor/175-trailer trucking fleet operated under the Transco Logistics subsidiary, and direct pipeline connections to the Enbridge Express, Platte, and Frontier systems. The company's growth has been asset-led, with notable acquisitions including Crestwood West Coast and Gibson Energy LPG assets (2018), the Casper Energy Services Terminal (2023), and Eco-Green Energy Transfer (2024), supplemented by the company's first self-built terminal in Arbuckle, California in 2025 and the opening of a Buckeye, Arizona terminal in November 2025.
The company operates a B2B enterprise sales motion organized by product line (Propane, Butane/Natural Gasoline, Crude Oil) and geographic region, with sales representatives covering Western U.S. and Western Canadian markets. Revenue is generated through commodity marketing and distribution (propane, butane, natural gasoline, crude oil), terminal storage, rail and truck transportation via Transco Logistics, and risk management services. Pricing is quote-based on multi-year contracts and tied to commodity market conditions, volume commitments, and delivery terms — no public pricing exists. Customer segments span industrial/refinery, oil and gas producers in the Western Canadian Sedimentary Basin and Powder River Basin, and residential consumers in propane-served geographies.
Leadership comprises President Brad Deets (25 years industry experience) and senior vice presidents overseeing the propane division, energy services and commercial strategy, operations and transportation, and butane/natural gasoline. Ownership, investor base, and revenue figures are not publicly disclosed. The company describes itself as "driving tomorrow's energy solutions" and emphasizes safety, multimodal logistics integration, and broad North American market connectivity as differentiators.
Midstream Energy Partners firmographics
Firmographics- Name
- Midstream Energy Partners
- Legal name
- Midstream Energy Partners
- Website
- https://midstreamenergy.us
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Midstream Energy Partners is a Calgary-headquartered private midstream energy company that markets and distributes propane, butane, natural gasoline, and crude oil to refineries, producers, industrial, and residential customers across North America via 20+ terminals, a 1,500+ railcar fleet, and 60-tractor Transco Logistics trucking operations.
- Ownership category
- akta.pro rank
Midstream Energy Partners industry classification
Industry- Product category
- Midstream Energy Marketing and Logistics
- SIC
- Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)
- akta.pro primary industry
- NGL / LPG Storage & Terminals (Propane, Butane, Ethane, Y-Grade) (EUALAEAC)
- akta.pro secondary industries
- Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending) (EUALAEAJ), Truck Transportation of Crude, Refined Products & LPG (Bulk Road Haulage) (EUALADAJ)
Keywords
Where Midstream Energy Partners is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices8 records
Markets served
Midstream Energy Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel
Revenue model
- Energy Product Marketing and Distribution: Marketing and distribution of propane, butane, natural gasoline, and crude oil across North America. Revenue generated through commodity sales, logistics services, terminal storage, transportation (trucking and rail), and risk management services for customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | B2B commodity pricing - quote-based |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels1 record
Midstream Energy Partners product offering
Product offeringCore offering
Midstream Energy Partners is a midstream energy company that markets, distributes, and provides logistics for propane, butane, natural gasoline, and crude oil across North America. It operates terminals, rail facilities, a trucking fleet, and pipeline connections, offering storage, transportation, and risk management services to industrial, commercial, and producer customers.
Product overview
Midstream Energy Partners operates as a midstream energy company offering an integrated portfolio of five core product/service offerings: Propane Services, Butane Services, Crude Oil Services, Natural Gasoline Services, and Transco Logistics (Trucking). The company provides marketing and distribution solutions across North America, supported by extensive infrastructure including over 20 terminals, a trucking fleet of 60 tractors and 175 trailers, and over 1,500 railcars under management. The services are organized around three main energy commodity verticals (propane/butane/natural gasoline under one NGL umbrella, and crude oil separately), with trucking as a standalone transportation entity supporting all divisions. The company has grown primarily through acquisitions, including the 2018 Crestwood West Coast and Gibson Energy LPG assets, 2022 Lynchburg terminal, 2023 Casper terminal and Vancouver/Ritzville terminals, 2024 Eco-Green Energy Transfer, and 2025 Arbuckle and Buckeye terminals.
Differentiator
Problem solved
Functional benefit
Brands
- Transco Logistics: Standalone transportation entity supporting Propane, Butane, and Energy Services divisions with trucking fleet operations based in Bakersfield, CA.
Products and services
- Propane Services Propane marketing and distribution with access to over 20 terminals across North America, over 1,500 railcars under management, and a trucking fleet of 60 tractors and 175 trailers, serving industrial, commercial, and residential customers.
- Butane Services Butane processing and distribution including Normal and Iso Butane from the cornerstone Bakersfield facility, with terminal and refinery keep wet/keep dry marketing services throughout North America.
- Crude Oil Services Crude oil logistics, storage, and marketing solutions including crude aggregation, risk and capital management, with storage in Casper, Wyoming and market access via Platte Pipeline, Frontier pipeline, rail, and truck destinations.
- Natural Gasoline Services Natural gasoline processing and distribution services supporting the butane product line, with keep wet/keep dry marketing services throughout North America.
- Transco Logistics (Trucking) Standalone transportation entity providing trucking services for NGL Mix, Y-grade, propane, normal butane, iso butane, natural gasoline, crude oil, and renewables, operating 60 tractors and 175 trailers across the U.S. and Canada.
- Arbuckle, California Propane Terminal Company-constructed propane terminal in Arbuckle, California, marking the company's first company-constructed terminal, expanding its West Coast propane distribution network.
Quantifiable outcome
- North American trucking fleet of over 60 tractors and 175 trailers
- +2 more outcomes
Companies that use Midstream Energy Partners
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Midstream Energy Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Midstream Energy Partners partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Local First ResponderscorePartnerships with incident responders and active membership in mutual aid and spill cooperatives. Through extensive training, regular exercises, and strong partnerships with local first responders, the company is equipped to handle emergencies effectively.
- Pipeline Operators (Unnamed)coreStrategic partnerships with midstream operators across pipeline, storage, and trucking sectors. Access to Enbridge Express and Platte pipeline systems. Connected to Salt Lake City region via Frontier pipeline.
- Storage Midstream Operators (Unnamed)coreStrategic partnerships with midstream storage operators across pipeline, storage, and trucking sectors. Crude and products storage at Casper, Wyoming.
- Trucking Sector Partners (Unnamed)coreStrategic partnerships with trucking sector operators supporting logistics network. Transco Logistics provides transportation services for the refinery, industrial, and residential customers.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
Midstream Energy Partners competitors and assessment
Company assessmentDirect peers
- NGL Energy Partners: U.S. midstream company transporting, terminalling, and marketing propane, butane, and crude oil. Closely comparable business model with terminal networks, logistics services, and crude-by-rail operations overlapping Midstream Energy Partners' footprint.
- Crestwood Equity Partners: U.S. midstream MLP focused on NGL, natural gas, and crude logistics. Midstream Energy Partners acquired Crestwood's West Coast assets in 2018, making it a closely comparable LPG/propane midstream operator with overlapping product lines and customer types.
- DCP Midstream: One of the largest U.S. NGL producers and midstream logistics providers, with extensive fractionation, storage, and pipeline operations. Comparable as a vertically integrated NGL midstream player serving similar producer and refinery customers.
- Gibson Energy: Canadian midstream company with significant NGL and propane terminal operations. Midstream Energy Partners acquired Gibson's LPG assets in 2018, and Gibson continues to operate comparable propane, butane, and crude logistics infrastructure across North America.
- Superior Plus: Canadian propane distribution and specialty chemicals company. Directly comparable as a North American-focused LPG distributor with similar wholesale, retail, and industrial customer segments and overlapping geographies in Canada and the U.S.
Broad incumbents
- Targa Resources: Major U.S. NGL and natural gas midstream operator with extensive fractionation, pipeline, and terminal assets. Operates at much larger scale but shares the same propane/butane/NGL logistics value chain and refinery and producer customer base.
- ONEOK: U.S. midstream operator with a dedicated NGL segment covering fractionation, storage, and transportation. Comparable NGL-focused business model, though operating at significantly larger scale and focused primarily on the Mid-Continent and Permian basins.
- Enterprise Products Partners: One of the largest North American midstream operators with extensive NGL pipelines, fractionation, export terminals, and crude logistics. Comparable as a vertically integrated NGL and crude midstream platform serving similar end markets at much greater scale.
- Pembina Pipeline Corporation: Large Canadian midstream company with NGL, crude, and natural gas gathering, processing, and transportation infrastructure. Comparable due to overlapping Western Canadian focus and propane/NGL fractionation, storage, and marketing capabilities.
Regional players
- Suburban Propane Partners: U.S. retail propane distributor focused on residential and commercial heating customers across the eastern and midwestern U.S. Comparable in propane distribution but more retail-skewed and geographically distant from Midstream Energy Partners' western North American footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Midstream Energy Partners social profiles
Digital presenceMidstream Energy Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Midstream Energy Partners leadership team
Management profileNumber of profiles
Profiles5 records
Midstream Energy Partners subsidiaries and ownership
Company hierarchySubsidiaries1 record
Midstream Energy Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Midstream Energy Partners 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 Midstream Energy Partners
What does Midstream Energy Partners do?
Midstream Energy Partners is a midstream energy company that markets, distributes, and provides logistics for propane, butane, natural gasoline, and crude oil across North America. It operates terminals, rail facilities, a trucking fleet, and pipeline connections, offering storage, transportation, and risk management services to industrial, commercial, and producer customers.
Is Midstream Energy Partners a public or private company?
Midstream Energy Partners is a private company. It is classified as unknown and is currently operating.
When was Midstream Energy Partners founded?
Midstream Energy Partners was founded in 1993. It employs 51 to 100 people.
Where is Midstream Energy Partners based?
Midstream Energy Partners is headquartered in Calgary, Canada, in the North America region.
How does Midstream Energy Partners make money?
One revenue line is on record: energy Product Marketing and Distribution.
Who are Midstream Energy Partners's main competitors?
Direct peers on record are NGL Energy Partners, Crestwood Equity Partners, DCP Midstream, Gibson Energy and Superior Plus. Broad incumbents are Targa Resources, ONEOK, Enterprise Products Partners and Pembina Pipeline Corporation. Suburban Propane Partners is listed as a regional player.
Does Midstream Energy Partners have an API?
No public API is recorded for Midstream Energy Partners.
What industry is Midstream Energy Partners in?
Midstream Energy Partners's product category is Midstream Energy Marketing and Logistics. Its primary akta.pro industry code is EUALAEAC, NGL / LPG Storage & Terminals (Propane, Butane, Ethane, Y-Grade), with a secondary code of EUALAEAJ, Blending, Additization & Terminal Operations (In-Terminal Blending, Dyeing, Bio-blending). Its SIC code is 5172.