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- Pinnacle Gas Services
Pinnacle Gas Services Valuation, Funding & Investors
Pinnacle Gas Services is valued at $2.2B as of June 2026.
Last Pinnacle Gas Services valuation
$2.2B
Undisclosed stage · Jun 2026
Last Pinnacle Gas Services funding round
$600M
Undisclosed stage · Jun 2026
Cumulative funding Pinnacle Gas Services raised
$600M
across 1 funding round
Key investors in Pinnacle Gas Services
Sixth Street
Pinnacle Gas Services Overview
About Pinnacle Gas Services
Pinnacle Gas Services is a midstream energy company. It runs high-pressure gathering pipelines and natural gas treating plants as a subsidiary focused on upstream production volumes.
Founded
2023
HQ
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$2.2B (Jun 2026)
Sectors
Pinnacle Gas Services Valuation
Pinnacle Gas Services is currently valued at $2.2B, based on its undisclosed-stage round in June 2026.
The $600M round was led by Sixth Street.
Pinnacle Gas Services valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2026 | Undisclosed stage | $2.2B |
Pinnacle Gas Services Funding History
Pinnacle Gas Services has raised a total of $600M across 1 funding round.
Pinnacle Gas Services funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Undisclosed stage | Sixth Street (lead) | $600M | $2.2B | Sixth Street invested USD 600 million in Pinnacle Gas Services and acquired a 27% non-controlling common equity interest, implying a USD 2.2 billion enterprise value for the business. Comstock retained a 73% controlling interest and continues to manage, operate, and control Pinnacle under a management services agreement. The transaction proceeds were used to fully extinguish and retire Pinnacle’s preferred equity securities for USD 445 million plus accrued dividends, retire all outstanding debt at Pinnacle, cover transaction costs, and add working capital. Sixth Street’s ownership is scheduled to step down to 19.5% if certain return hurdles are achieved, with Comstock’s stake rising to 80.5%. The deal was structured as a minority strategic investment and is expected to materially reduce Pinnacle’s fixed charges by about USD 40 million per year. Strategically, the investment appears aimed at deleveraging Pinnacle, simplifying its capital structure, and supporting Comstock’s midstream infrastructure tied to Western Haynesville natural gas development in East Texas. Pinnacle owns and operates the Pinnacle gathering and treating system, which serves Comstock’s upstream operations. Pinnacle Gas Services LLC is a Delaware limited liability company and a subsidiary of Comstock Resources. Comstock described itself as a natural gas producer focused on the Haynesville Shale in North Louisiana and East Texas, and Pinnacle functions as its midstream gathering and treating platform. |
Who has invested in Pinnacle Gas Services?
1 investor has backed Pinnacle Gas Services across its funding rounds, including Sixth Street.
Lead investors include Sixth Street.
Pinnacle Gas Services Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Pinnacle Gas Services investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPinnacle Gas Services Competitors
Pinnacle Gas Services competitors include listed companies like Aker Solutions, Arabian Drilling, Indraprastha Gas and Promigas, and private ones like Enpal and Arcadia.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.6B | $505M | $2.2B | 0.3x | ||
| Publicly listed | $916M | $297M | $2.2B | 3.1x | ||
| Publicly listed | $1.7B | $241M | $2.2B | 1.0x | ||
| Publicly listed | $2.3B | $979M | $2.2B | 3.1x | ||
| Private | $1B | $24M | $2.5B | - | ||
| Private | - | - | $1.5B | - |
Pinnacle Gas Services Public Comps
Pinnacle Gas Services is still privately-owned, but its public comps include Aker Solutions, Arabian Drilling, Indraprastha Gas, Promigas, Alupar Investimento, Nippon Gas, MVV Energie, Korea Gas, Nofar Energy and NGL Energy Partners.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $6.6B | $505M | 0.3x | 0.3x | 4.0x | 3.9x | |||
| $916M | $297M | 3.1x | 3.1x | 9.6x | 8.7x | |||
| $1.7B | $241M | 1.0x | 1.0x | 7.2x | 9.0x | |||
| $2.3B | $979M | 2.3x | 3.1x | 5.6x | 8.7x | |||
| $855M | $730M | 5.5x | 6.5x | 6.5x | 8.0x | |||
| $1.3B | $205M | 1.7x | 1.7x | 11.4x | 11.5x | |||
| $6.7B | $585M | 0.7x | - | 7.7x | - | |||
| $26B | $2.5B | 1.0x | 1.0x | 10.3x | 8.4x | |||
This data is available for Pro users. Sign up to see all Pinnacle Gas Services competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Pinnacle Gas Services
| When was Pinnacle Gas Services founded? | Pinnacle Gas Services was founded in 2023. |
| Where is Pinnacle Gas Services headquartered? | Pinnacle Gas Services is headquartered in Dallas, TX, United States. |
| Is Pinnacle Gas Services publicly listed? | No, Pinnacle Gas Services is a private, VC-backed company. |
| What is Pinnacle Gas Services' valuation? | Pinnacle Gas Services was last valued at $2.2B in its undisclosed-stage round in June 2026. |
| How much funding has Pinnacle Gas Services raised? | Pinnacle Gas Services has raised $600M across 1 funding round. |
| What was Pinnacle Gas Services' last funding round? | Pinnacle Gas Services' last funding round was a $600M undisclosed-stage round in June 2026, led by Sixth Street. |
| Who are Pinnacle Gas Services' investors? | Pinnacle Gas Services' investors include Sixth Street. |
| Which companies are comparable to Pinnacle Gas Services? | Companies comparable to Pinnacle Gas Services include Aker Solutions, Arabian Drilling, Indraprastha Gas, Promigas, Enpal and Arcadia. |
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