Southcross Energy Operating - About the company
Southcross Energy Operating is an acquired company based in Dallas (United States), founded in 2009. It operates as a Provider of natural gas gathering, processing, and exploration services. Southcross Energy Operating has raised an undisclosed amount in funding. The company has 910 active competitors, including 42 funded and 311 that have exited. Its top competitors include companies like Shell, Archrock and Dominion Energy.
Company Details
- Website
- southcrossenergy.com
- Registered Address
- 1700 PACIFIC AVENUE, SUITE 2900,DALLAS,75201,TX
Key Metrics
Founded Year
2009
Location
Dallas, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
175th among 910 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2018
Employee Count
95 as on Aug 31, 2026
Exit Details
Acquired by Targa Resources (Mar 25, 2022)
Legal entities associated with Southcross Energy Operating
Southcross Energy Operating is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Southcross Energy Partners, L.p. CIN: 1547638 , United States, Active | $100M - $500M (As on Dec 31, 2018) | - | - |
Southcross Energy Operating's acquisition details
Southcross Energy Operating got acquired by Targa Resources on Mar 25, 2022 at an acquisition amount of $*****.
Click here to take a look at Southcross Energy Operating's acquisition in detail
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Southcross Energy Operating's funding and investors
Southcross Energy Operating has raised funding over 7 rounds. Its first funding round was on Aug 06, 2009. Southcross Energy Operating has 6 institutional investors.
Here is the list of recent funding rounds of Southcross Energy Operating:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 07, 2020 | 2712232 | Post IPO | 8196790 | 8895191 | 9397443 | 3238117 |
Aug 19, 2015 | 1975054 | Post IPO | 8021636 | 4850960 | 6234776 | |
Nov 07, 2014 | 3180218 | Post IPO | 1873983 | 1290358 | 5283330 |
View details of Southcross Energy Operating's funding rounds and investors
Southcross Energy Operating's founders and board of directors
Founder? Claim ProfileSouthcross Energy Operating's employee count trend
Southcross Energy Operating has 95 employees as of Aug 26. Here is Southcross Energy Operating's employee count trend over the years:
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Southcross Energy Operating's Competitors and alternates
Top competitors of Southcross Energy Operating include Shell, Archrock and Dominion Energy. Here is the list of Top 10 competitors of Southcross Energy Operating, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Shell 1907, London (United Kingdom), Public | Provider of natural gas & oil exploration, refining, midstream, and upstream services | - | 78/100 | |
2nd | Archrock 1954, Houston (United States), Acquired | Provider of natural gas compression solutions for midstream companies | $15M | 73/100 | |
3rd | Dominion Energy 1983, United States, Acquired | Producer and transporter of energy | - | 73/100 | |
4th | TotalEnergies 1924, Paris (France), Public | Integrated energy company producing and marketing energy sources | - | 73/100 | |
5th | Chevron 1879, Houston (United States), Acquired | Provider of oil & natural gas exploration, production, and refining services | - | 69/100 | |
6th | Eni Next 1953, Boston (United States), Public | Provider of exploration, production, and distribution services of oil & gas | - | 69/100 | |
7th | Provider of oil & gas exploration and production services | - | 68/100 | ||
8th | Provider of electricity distribution services | - | 67/100 | ||
9th | Oneok 1906, Tulsa (United States), Public | Provider of natural gas operator and transportation services | - | - | 67/100 |
10th | Provider of natural gas & oil production, processing, and transportation services | - | 66/100 | ||
175th | Southcross Energy Operating 2009, Dallas (United States), Acquired | Provider of natural gas gathering, processing, and exploration services | - | 41/100 |
Looking for more details on Southcross Energy Operating's competitors? Click here to see the top ones
Southcross Energy Operating's Investments and acquisitions
Southcross Energy Operating has made no investments or acquisitions yet.
Reports related to Southcross Energy Operating
Here is the latest report on Southcross Energy Operating's geography:
News related to Southcross Energy Operating
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Targa Resources Corp. Completes Acquisition of Bolt-On AssetsGlobeNewswire•Apr 21, 2022•Targa Resources, Southcross Energy Operating
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Targa Resources Acquires Southcross in $200 Million ‘Bolt-on’Hart Energy•Mar 25, 2022•Targa Resources, Southcross Energy Operating, MAX Energy, Maxenergy
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Southcross Energy Partners To Drive Growth as a Focused Gathering and Processing CompanyGlobeNewswire•Feb 03, 2020•Southcross Energy Operating
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Southcross Energy Partners, L.P. Receives Court Approval for Asset Sales to Kinder Morgan Tejas Pipeline LLC and Magnolia Infrastructure Holdings LLCGlobeNewswire•Nov 06, 2019•Southcross Energy Operating, Kinder Morgan
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Kinder Morgan seeking two pipeline systems from Southcross bankruptcySeeking Alpha•Sep 09, 2019•Kinder Morgan, Southcross Energy Operating
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Southcross Energy Provides Update on Court-Supervised Restructuring ProcessGlobeNewswire•Apr 09, 2019•Southcross Energy Operating
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Southcross Energy Commences Chapter 11 Reorganization with $255 Million in Committed FinancingCitybizlist•Apr 01, 2019•Southcross Energy Operating
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Southcross Energy Partners, L.P. Announces Gregory L. Hood Appointed as Senior Vice President and Chief Commercial OfficerGlobeNewswire•Apr 01, 2019•Southcross Energy Operating
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Southcross Energy Partners, L.P. Announces Availability of the 2018 K-1 Tax PackageGlobeNewswire•Mar 15, 2019•Southcross Energy Operating
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