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Boardwalk Pipeline Partners history
Boardwalk Pipeline Partners company history timeline
Loews took Boardwalk public in November 2005, raising more than $300 million in an initial public offering of stock.
These two interstate natural gas pipeline companies were consolidated into a new entity – Boardwalk Pipeline Partners, LP – which went public in 2005.
The $1.3 billion project, which also included the construction of four new compressor stations, was expected to commence operation in October 2008, adding a third dimension to Boardwalk’s holdings.
2008 OPENING OF THIRD PIPELINE SYSTEM
Gulf Crossing, expected to commence operations in 2008, will deliver natural gas through 355 miles of pipeline stretching from northern Texas to Louisiana.
Boardwalk placed into service a third interstate natural gas pipeline company, Gulf Crossing Pipeline Company LLC, in 2009.
In 2011, Boardwalk acquired the Petal and Hattiesburg natural gas storage companies.
Boardwalk diversified into natural gas liquids by acquiring Boardwalk Louisiana Midstream in 2012.
Boardwalk Field Services, LLC develops and operates gas gathering, compression, dehydration, treating, and processing infrastructure, and in June 2013 placed its processing plant into service.
In 2014, Boardwalk acquired the Evangeline Ethylene Pipeline System, further expanding Boardwalk’s service offerings to petrochemical customers.
In 2016, Texas Gas completed two projects to bring Marcellus and Utica gas to the Gulf Coast markets.
In November 2018, Gulf South placed its Coastal Bend Header facilities into service to serve the Freeport LNG export facility located in Freeport, TX.
In 2018, Loews Corporation acquired Boardwalk so that it became a subsidiary company, with its stock being delisted from the New York Stock Exchange.
On December 2, 2019, FERC approved the merger of Gulf South and Gulf Crossing.
"Boardwalk Pipeline Partners, LP ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/boardwalk-pipeline-partners-lp
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Boardwalk Pipeline Partners competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Williams Companies | 1908 | $10.5B | 5,425 | 210 |
| DCP Midstream | 2005 | $366.2M | 2,650 | - |
| Enterprise Products Partners | 1968 | $56.2B | 7,000 | 72 |
| SandRidge Energy | 2006 | $125.3M | 270 | - |
| Spectra Energy | 1999 | $4.9B | 5,700 | - |
| ONEOK | 1906 | $16.5B | 2,684 | 218 |
| Kinder Morgan | 1997 | $15.1B | 11,012 | 224 |
| Dynegy | 1984 | $4.8B | 2,489 | - |
| Continental Resources | 1967 | $9.5B | 1,201 | 38 |
| Geokinetics | 1980 | $43.1M | 4,000 | - |
Boardwalk Pipeline Partners history FAQs
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Boardwalk Pipeline Partners may also be known as or be related to Boardwalk Pipeline Partners, Boardwalk Pipeline Partners L.P., Boardwalk Pipeline Partners LP, Boardwalk Pipeline Partners, LP and Boardwalk Pipeline Partners, Lp.