Strategic Acquisition Texon was acquired by Savage Services on May 1, 2024, indicating integration into a broader supply chain infrastructure network. This presents cross-sell opportunities to Savage’s existing customers and potential access to additional midstream capabilities and resources.

Midstream Niche Specializes in technology-based blending and niche energy marketing for NGLs, suggesting opportunities to expand service offerings with adjacent blending technologies, energy marketing products, or optimizer services to capture more downstream value.

Scale & Revenue With a revenue range of $500M to $1B and a midmarket employee base, Texon demonstrates a solid financial footprint and operational scale, which supports ambitious contracts, long-term SLAs, and multi-site deployments.

Tech-Driven Adopts a technology stack including SAP Concur, KnowBe4, and enterprise software tools, implying potential for selling security training, ERP integrations, procurement optimizations, and digital workflow enhancements to optimize midstream operations.

Market Position Operating in oil and gas midstream with patented blending technology positions Texon as an innovator in niche energy marketing, offering a path to partner on technology pilots, performance-based contracts, and scalability initiatives within Savage’s network.