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Who We Are

Crimson Midstream Mission Statement

Our mission is simple and straight-forward and we demonstrate the following on a consistent basis across all divisions:

  • Provide sustainable, cost-effective midstream service
  • Operate safely and reliably utilizing the latest technology
  • Create operational and business excellence on a consistent basis
  • Provide educational programs to educate the next generation and the community at large
  • Demonstrate a culture of integrity, respect, and inclusivity for our employees, clients, partners, all stakeholders

CorEnergy Acquires Crimson’s California Pipeline Assets

Transaction establishes a diversified foundation for future acquisition consideration

Effective February 1, 2021, CorEnergy acquired a 49.50 percent interest in Crimson, with the right to acquire the remaining 50.50 percent interest. The preliminary fair value of the aggregate consideration is approximately $350 million, subject to certain post-closing purchase price adjustments.  According to Crimson’s Chairman of the Board John Grier, “Our combined ability to pursue additional opportunities leveraging Crimson’s oil market relationships, together with CorEnergy’s natural gas transmission assets, establishes a diversified foundation for future acquisition consideration.” For details about the transaction, view the press release here.

Leadership

Crimson Midstream

California Leadership

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