Stakeholder Midstream

Stakeholder Midstream

Stakeholder Midstream was founded in 2015 based in San Antonio, Texas. It is an independent midstream oil and gas company supported by EnCap Flatrock Midstream, a private equity firm that provided a capital commitment (per the firm's website). The company's wealth origin is not publicly attributed to a specific family branch. The firm invests in midstream infrastructure including natural gas gathering, compression, treating, and processing; NGL solutions; and crude oil gathering, transportation, and storage. It also offers permanent carbon sequestration services. Its geographic focus is unconventional shale plays across North America. The firm structures its deals as growth-oriented, private equity-backed projects rather than fund vehicles. No specific portfolio companies or co-investors are listed. Stakeholder Midstream's team combines technical, financial, and commercial experience. In March 2022, the company was acquired by Targa Resources (per the firm's homepage). No additional offices or adjacent vehicles are disclosed. The firm has not publicly listed its professionals count or named its principals beyond a media contact. The company's structural differentiator is its focus on creating equitable relationships with customers, landowners, vendors, and local residents, emphasized in its mission. Its acquisition by Targa Resources marks a concrete exit event.