The oil and gas industry is crucial to the American economy, and the transportation of these resources is a key aspect of the industry. The United States is home to some of the largest and most influential oil and gas transportation companies in the world. These companies play a significant role in moving crude oil, natural gas, and refined petroleum products across the country and beyond. Below, we provide an overview of the top 10 oil and gas transportation companies in the US, highlighting their sector, year founded, annual revenue, and a brief description of their operations.
1. Company: Kinder Morgan
– Sector: Pipeline Transportation
– Year Founded: 1997
– Annual Revenue: $14.14 billion (2020)
– Description: Kinder Morgan is one of the largest energy infrastructure companies in North America, owning approximately 83,000 miles of pipelines and 144 terminals.
2. Company: Enterprise Products Partners
– Sector: Midstream Energy Services
– Year Founded: 1968
– Annual Revenue: $23.55 billion (2020)
– Description: Enterprise Products Partners is a leading provider of midstream energy services, including transportation, storage, and processing for crude oil, natural gas, and refined products.
3. Company: Energy Transfer
– Sector: Natural Gas Transportation and Storage
– Year Founded: 1995
– Annual Revenue: $32.52 billion (2020)
– Description: Energy Transfer operates a diversified portfolio of energy assets, including natural gas transportation and storage, as well as crude oil and refined product transportation.
4. Company: Phillips 66 Partners
– Sector: Midstream Energy Services
– Year Founded: 2013
– Annual Revenue: $3.57 billion (2020)
– Description: Phillips 66 Partners is a growth-oriented master limited partnership that provides midstream energy services to Phillips 66 and third-party customers.
5. Company: Plains All American Pipeline
– Sector: Pipeline Transportation
– Year Founded: 1998
– Annual Revenue: $24.29 billion (2020)
– Description: Plains All American Pipeline is a leading independent midstream provider, specializing in transportation, storage, terminalling, and marketing of crude oil and refined products.
6. Company: Magellan Midstream Partners
– Sector: Midstream Energy Services
– Year Founded: 2001
– Annual Revenue: $2.62 billion (2020)
– Description: Magellan Midstream Partners is a publicly traded partnership that primarily transports, stores, and distributes refined petroleum products and crude oil.
7. Company: Buckeye Partners
– Sector: Midstream Energy Services
– Year Founded: 1886
– Annual Revenue: $4.58 billion (2019)
– Description: Buckeye Partners is a leading global terminal operator and pipeline company with a primary focus on the transportation, storage, and marketing of liquid petroleum products.
8. Company: Shell Midstream Partners
– Sector: Midstream Energy Services
– Year Founded: 2014
– Annual Revenue: $1.73 billion (2020)
– Description: Shell Midstream Partners owns, operates, develops, and acquires pipelines and other midstream assets. It is a subsidiary of Royal Dutch Shell.
9. Company: Andeavor Logistics
– Sector: Midstream Energy Services
– Year Founded: 2010
– Annual Revenue: $4.41 billion (2018)
– Description: Andeavor Logistics, now part of Marathon Petroleum Corporation, is a diversified midstream services company that operates crude oil, natural gas, and refined product transportation and storage assets.
10. Company: NuStar Energy
– Sector: Midstream Energy Services
– Year Founded: 2001
– Annual Revenue: $1.96 billion (2020)
– Description: NuStar Energy is a leading master limited partnership that provides integrated midstream services, focusing on the transportation and storage of crude oil and refined products.
These top 10 oil and gas transportation companies in the US collectively form the backbone of the country’s energy transportation infrastructure, playing a vital role in facilitating the movement of crude oil, natural gas, and refined petroleum products to meet the nation’s energy needs.
The US is home to some of the most influential and financially successful oil and gas transportation companies, each contributing significantly to the nation’s energy sector. These companies have built extensive infrastructure and expertise to transport, store, and distribute vital energy resources across the country. As the demand for energy continues to evolve, these companies are at the forefront of ensuring a reliable supply chain for essential resources.
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