Recent Acquisition Activity Sendero Midstream was acquired by Crestwood Equity Partners in mid-2022 for $600 million, indicating ongoing consolidation trends in the oil and gas midstream sector. This suggests potential opportunities to offer complementary services or solutions to investors and new owners involved in similar deals.

Expansion in New Markets Sendero has actively expanded its operational footprint, including building facilities in New Mexico, revealing a strategic focus on growth in emerging oil and gas regions. This presents opportunities to provide infrastructure, automation, or equipment to support their geographical expansion.

Asset Divestitures The company has sold significant assets such as pipelines and processing facilities, indicating a willingness to optimize asset portfolios. This openness to divestment suggests potential for offering tailored asset management, resale, or upgrade solutions.

Technology Usage Sendero utilizes a diverse tech stack including cloud services, analytics, and web technologies, highlighting an openness to digital solutions. Sales opportunities exist in offering advanced data analytics, automation tools, or cybersecurity services to enhance operational efficiency.

Revenue Scale and Sector Focus With an estimated revenue between $10M to $25M, Sendero operates in the midstream oil and gas sector with a focus on gathering and processing. This scale presents opportunities for mid-size service providers offering specialized equipment, software, or maintenance services aligned with their operational needs.