Clearfork Midstream
Clearfork Midstream is a private, PE-backed natural gas midstream company operating gathering, processing, and transportation infrastructure for upstream producers in the North Louisiana and East Texas basins, following its 2022 acquisition of Azure Midstream Energy.
- Company typePrivate
- Founded2020
- HeadquartersFort Worth, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Clearfork Midstream does
Clearfork Midstream is a private, growth-oriented natural gas midstream company headquartered in Fort Worth, Texas, that provides gathering, processing, and transportation infrastructure to upstream natural gas producers. The company was founded in 2020 and operates in the North Louisiana and East Texas basins, with its asset base established through the February 2022 acquisition of Azure Midstream Energy, which now operates as a wholly owned subsidiary.
The company generates revenue through fee-based midstream services under usage-based commercial arrangements with upstream natural gas producers operating in its two-basin service territory. Clearfork is financially sponsored by EnCap Flatrock Midstream, a private equity firm specializing in energy infrastructure, which provided the capital commitment that funded the Azure acquisition. The company is led by CEO Kipper Overstreet and CFO Brent Worthy.
Clearfork's strategic positioning targets structural demand growth driven by LNG export expansion along the U.S. Gulf Coast, which supports incremental production volumes from the Haynesville (North Louisiana) and East Texas regions. The company's go-to-market is direct and segment-specific: it contracts with upstream producers requiring reliable midstream infrastructure to connect wellhead production to downstream markets. No marketing, distribution, or digital channel infrastructure is publicly disclosed, consistent with the relationship-based, contract-driven nature of the midstream services market.
Clearfork Midstream firmographics
Firmographics- Name
- Clearfork Midstream
- Website
- https://clearforkmidstream.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Clearfork Midstream is a private, PE-backed natural gas midstream company operating gathering, processing, and transportation infrastructure for upstream producers in the North Louisiana and East Texas basins, following its 2022 acquisition of Azure Midstream Energy.
- Ownership category
- akta.pro rank
Clearfork Midstream industry classification
Industry- Product category
- Natural Gas Midstream Services
- NAICS
- Pipeline Transportation of Natural Gas (4862), Pipeline Transportation of Natural Gas (48621), Pipeline Transportation of Natural Gas (486210)
- SIC
- Natural Gas Transmission (4922), Natural Gas Transmisison & Distribution (4923), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL)
- akta.pro secondary industry
- Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection) (EUALADAK)
Keywords
Where Clearfork Midstream is headquartered
LocationHeadquarters
- HQ city
- Fort Worth
- HQ country
- United States
- HQ region
- North America
Markets served
Clearfork Midstream business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Others
Revenue model
- Midstream Infrastructure Services: Fee-based midstream services including natural gas gathering, processing, and transportation infrastructure operations in North Louisiana and East Texas
Clearfork Midstream product offering
Product offeringCore offering
Clearfork Midstream provides fee-based natural gas midstream services, including the gathering, processing, and transportation of natural gas for upstream producers operating in the North Louisiana and East Texas basins. The company owns and operates long-lived midstream infrastructure assets acquired through its February 2022 acquisition of Azure Midstream Energy, connecting upstream production to downstream markets.
Product overview
Clearfork Midstream is a natural gas midstream company. Based on the source data, the company's primary business activity is the acquisition and operation of natural gas midstream assets. The company acquired Azure Midstream Energy, a natural gas midstream company operating in North Louisiana and East Texas, in February 2022. The transaction was partnered with EnCap Flatrock Midstream. No specific named products, modules, or service offerings are detailed in the available source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Natural Gas Gathering and Processing Services Fee-based natural gas gathering and processing services for upstream oil and gas producers operating in the North Louisiana and East Texas basins, delivered through acquired midstream assets including the Azure Midstream Energy platform.
- Natural Gas Transportation Services Natural gas transportation services for upstream producers in the North Louisiana and East Texas regions, providing pipeline-based takeaway of natural gas volumes from the wellhead to downstream markets through infrastructure acquired via Azure Midstream Energy.
Companies that use Clearfork Midstream
Customer profileSegments1 record
Ideal customer profiles1 record
Clearfork Midstream technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Clearfork Midstream partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
Clearfork Midstream competitors and assessment
Company assessmentDirect peers
- EnLink Midstream: EnLink Midstream operates integrated natural gas and NGL midstream systems across multiple U.S. basins, providing gathering, processing, and transportation services — the same core business as Clearfork, operating in the same downstream value chain. Both serve upstream producers under fee-based contracts with similar commercial structures.
- DT Midstream: DT Midstream is a pure-play natural gas midstream operator with gathering, processing, and transportation assets serving major U.S. shale basins, including the Haynesville. It is one of the most direct publicly traded comparables for Clearfork given its gas-focused portfolio, fee-based revenue model, and Louisiana/Texas operating presence.
- Targa Resources: Targa Resources is a leading U.S. midstream operator with substantial natural gas gathering, processing, and NGL infrastructure in Texas and Louisiana. It is highly comparable to Clearfork in operating activity, customer base (upstream producers), and commercial structure, though significantly larger and more diversified.
- Kinetik Holdings: Kinetik Holdings operates a natural gas gathering, processing, and transportation platform focused on the Permian and Eagle Ford basins. It is a direct comparable to Clearfork in operating activity and customer base, and similarly emerged from a PE transaction (I Squared Capital) into a public infrastructure-style vehicle.
- Crestwood Equity Partners: Crestwood operates natural gas and NGL gathering, processing, and transportation systems serving major U.S. shale plays including the Haynesville, making it a direct competitor in Clearfork's core operating region. The partnership structure and fee-based model closely mirror Clearfork's commercial approach.
- Howard Energy Partners: Howard Energy Partners is a privately held natural gas and NGL midstream operator with gathering and processing assets in the Eagle Ford and Permian basins. Backed by a PE sponsor (Tailwater Capital), it is comparable to Clearfork as a sponsor-backed midstream platform competing for producer dedications.
Broad incumbents
- Williams Companies: Williams is one of the largest U.S. natural gas midstream operators, with extensive gathering, processing, and long-haul transportation assets serving the same basins as Clearfork. It competes with Clearfork for producer dedications and directly comparable in commercial structure, but at vastly greater scale and geographic breadth.
- Kinder Morgan: Kinder Morgan is the largest natural gas pipeline operator in the U.S., operating extensive gathering, processing, and transportation infrastructure including significant Texas and Louisiana assets. It competes with Clearfork at the basin level for takeaway capacity and producer contracts, though its portfolio spans crude, NGL, terminals, and CO2.
- Genesis Energy: Genesis Energy operates U.S. midstream infrastructure including natural gas pipelines and processing in the Gulf Coast region. It provides comparable services to Clearfork (gas transportation and processing) but is part of a broader crude/terminals/industrial-silica portfolio.
Emerging players
- Excelerate Energy: Excelerate Energy is a Texas-based LNG infrastructure provider connecting Gulf Coast regasification and floating storage with upstream/midstream gas supply chains. It overlaps with Clearfork indirectly through LNG-linked gas flows from the same Haynesville basin, although the operating model (FSRU-based LNG import) differs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Clearfork Midstream financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clearfork Midstream leadership team
Management profileNumber of profiles
Profiles2 records
Clearfork Midstream subsidiaries and ownership
Company hierarchySubsidiaries1 record
Clearfork Midstream funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clearfork Midstream M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clearfork Midstream
What does Clearfork Midstream do?
Clearfork Midstream provides fee-based natural gas midstream services, including the gathering, processing, and transportation of natural gas for upstream producers operating in the North Louisiana and East Texas basins. The company owns and operates long-lived midstream infrastructure assets acquired through its February 2022 acquisition of Azure Midstream Energy, connecting upstream production to downstream markets.
Is Clearfork Midstream a public or private company?
Clearfork Midstream is a private company. It is classified as private equity controlled and is currently operating.
When was Clearfork Midstream founded?
Clearfork Midstream was founded in 2020. It employs 11 to 50 people.
Where is Clearfork Midstream based?
Clearfork Midstream is headquartered in Fort Worth, United States, in the North America region.
How does Clearfork Midstream make money?
One revenue line is on record: midstream Infrastructure Services.
Who are Clearfork Midstream's main competitors?
Direct peers on record are EnLink Midstream, DT Midstream, Targa Resources, Kinetik Holdings, Crestwood Equity Partners and Howard Energy Partners. Broad incumbents are Williams Companies, Kinder Morgan and Genesis Energy. Excelerate Energy is listed as an emerging player.
Does Clearfork Midstream have an API?
No public API is recorded for Clearfork Midstream.
What industry is Clearfork Midstream in?
Clearfork Midstream's product category is Natural Gas Midstream Services. Its primary akta.pro industry code is EUAAACAL, Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling), with a secondary code of EUALADAK, Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection). Its NAICS code is 4862 and its SIC code is 4922.