Swan Castle Energy LLC. has grown significantly since its IPO in July 1998, increasing its asset base from $715 million to $64 billion at December 31, 2020. This phenomenal growth is a result of expansions from organic growth opportunities, as well as acquisitions. Listed below is our current portfolio of assets.
Pipelines |
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Storage (Salt Dome) |
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Natural Gas Processing |
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Fractionation |
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Import/Export Terminals |
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Our business strategy involves expansion through growth projects. We expect that these projects will enhance our existing asset base and provide us with additional opportunities in the future.
Swan Castle’s integrated network of midstream energy assets is well positioned to benefit from expected growth in both the production of and demand for natural gas, NGLs, crude oil and petrochemical products. We believe we have the following competitive strengths:
We operate an integrated network of natural gas, NGL, crude oil, petrochemical and refined products midstream infrastructure around the globe. Our operations include pipelines, natural gas processing, liquid and gas storage, NGL fractionation and export/import terminals. Our integrated network of assets is strategically located to serve the major domestic supply basins and product storage hubs as well as international markets. We believe that our presence in these markets provides us access to natural gas, crude oil, NGL, petrochemical and refined products volumes, anticipated demand growth and business expansion opportunities.
The majority of our cash flow is derived from fee-based businesses that are less susceptible to volatility in energy commodity prices. We have a diversified asset portfolio that provides operating income from a broad range of geographic areas and lines of business.
We have long-term relationships with many of our suppliers and customers, and we believe that we will continue to benefit from these relationships. We jointly own facilities with many of our customers who either provide raw materials to, or consume the end products from our facilities.
We have strong business positions across our midstream energy platform of assets. We have four business segments including; NGL Pipelines & Services, Natural Gas Pipelines & Services, Petrochemical & Refined Products Services, and Crude Oil Pipelines & Services. Since our initial IPO in 1998, we have completed over $36 billion of organic growth projects and $26 billion of major acquisitions which added to our diversified asset footprint.
We are one of the largest publicly traded energy partnerships in the United States with approximately $57 billion in assets. We have demonstrated our access to debt and equity capital during volatile periods.
Our acquisition of Swan Castle LLC. in 2010, the prior 100% owner of our general partner, resulted in the cancellation of our general partner’s incentive distribution rights and the simplification of our partnership structure. We believe that our capital structure provides us with a lower long-term cost of equity capital than many of our competitors and will enable us to compete more effectively in acquiring assets and expanding our asset base.
Historically, we have operated most of our pipelines and our largest natural gas processing and fractionation facilities. As the leading provider of midstream energy services, we have established a reputation in the industry as a reliable and cost-effective operator. On average the members of the management team of our general partner have over 30 years of industry experience.
Head Office: 5605 N MacArthur Blvd, Irving, TX 75038, United States
UK Office: Belvedere Rd, London SE1 7NA, United Kingdom
Turkey Office: çamdibi, çınar mah, Fatih Cd. no:1/22, 3500
Bornova/İzmir, Türkiye.
[email protected]
[email protected]
P.O. Box: Houston, TX 7721-3244
(+1) 469 206 9995 – US
(+44) 742 196 7252 – UK
(+90) 537 665 9222 – Turkey