7.6.7.4Vertical

Underground Storage Facilities

Operators of salt cavern and depleted reservoir storage.

Market snapshot

These figures describe Storage Terminals & Tank Farms (7.6.7), the segment that Underground Storage Facilities sits within. They are not figures for Underground Storage Facilities on its own.

FragmentationConsolidatingEstimate

Not sized separately, because the only classification available is a residual that collects unrelated pipeline activity. Storage economics are counter-cyclical to the rest of this page: tank farms earn most when the forward curve is in contango and traders pay to hold barrels.

Business model & economics

Revenue model

Storage, throughput, and terminal-services fees

Key economics

Recurring revenue
High

recurring storage and throughput contracts

EBITDA margin
Strong

fee-based infrastructure economics

Capex intensity
High

Characteristics

  • Tank farms and terminals provide system flexibility.
  • Connect pipelines, marine, rail, and trucks.
  • Location and connectivity the key assets.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Midstream & terminal companies
  • Infrastructure funds & investors
  • Terminal consolidators

What’s driving deals

  • Export-logistics and storage demand.
  • Fee-based infrastructure consolidation.
  • Terminal connectivity and optionality value.

Find Underground Storage Facilities acquisition targets

Search Acquisera’s index for companies classified under Underground Storage Facilities (7.6.7.4) and build a targeted deal pipeline.

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