About Us

Our primary business strategy is to predictably increase our enterprise value while ensuring the ongoing stability of cash flows

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Our Strategy

 

Execute on organic growth and development opportunities

We expect to execute organic growth and development opportunities associated with increases in NGLs and crude oil production by increasing our midstream service offerings with existing customers and obtaining new customers.

 

Diversify our assets through acquisitions of midstream assets

We plan to diversify our basin exposure into mature, underserved areas, as well as expand our operational capabilities into natural gas processing and crude oil services, primarily through acquisitions.

Pursue accretive acquisitions from third parties and our sponsors

We look for strategic and accretive opportunities to complement our existing asset base or provide attractive returns in new operating regions through third party acquisitions.

 

Generate stable and predictable fee-based cash flows

We intend to continue pursuing accretive opportunities to provide fixed-fee and fixed-spread services to existing and new customers, limiting our direct exposure to commodity price volatility when possible.

 

Mission & Vision

We understand that relationships are built on trust and are committed to helping our customers succeed.

 
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Our Mission is to develop a resilient business by building long-term relationships with our customers and continuing to offer market responsive pricing, customized cash flow solutions and remarkable, personalized service. We understand that relationships are built on trust and are committed to helping our customers succeed.

 

Core Values

 
 

Environment & Safety

We are committed to safety, environmental stewardship and reliable operations for our customers, employees and the communities in which we operate!

Creative & entrepreneurial

We embrace new and innovative approaches to enhancing our offering and solve our customer’s business challenges!

Integrity

We are committed to honesty, transparency, open communications and accountability in our internal and external relationships!

Accountability

We are dedicated to doing what is right. We listen to our customers, take responsibility for our actions and hold ourselves accountable for the results!

 
 

Growth

We empower our team to expand their skillsets through continuing education to enhance our effectiveness as a company and to better serve our customers!

 
 
 

BlackRock Midstream's employees, Executive Management and Board of Directors are committed to conducting its business ethically and in compliance with all laws and regulations. Our Code of Conduct & Ethics serves as our core foundation on which we base our decision-making.

The Board continually evaluates the expanding nature and complexity of BlackRock’s business and impact on its stakeholders. The Board will address and implement modifications to its Corporate Governance policies and Board composition as the business dictates.

 
 

Environmental Health & Safety

BlackRock is committed to the continuous improvement of environmental, health and safety performance to help achieve the greatest benefit for all our stakeholders.

It is our policy to meet or exceed all applicable environmental, health and safety laws and regulations, and to facilitate full and open discussion to address responsible standards and practices where laws and regulations do not exist. Accordingly, this Environmental, Health and Safety Policy is a standard by which BlackRock and our employees are continually measured.

 

 Our Team

 
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Randall Eddington
Managing Partner

Randall is a Business graduate of the University of Oklahoma in Economics and GIS. Before attending OU he spent time as a kicker for the University of Tulsa football team where they were conference USA and Liberty Bowl Champions.

After Graduating he spent time in various roles as Territory and Regional Manager in the corrosion control and pipe and supply field of the Oil & Gas industry. Randall has served on the advisory council for SOER (Sustaining Oklahoma's Energy Resources, previously the Marginal Well Commission) as well as other advisory roles. The last 7 years Randall has been dedicated to buying crude oil for various small and large midstream companies and developing lasting relationships with producers.

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