Private company
Who owns New Generation Gas Gathering LLC (NG3 pipeline joint venture with Momentum Sustainable Ventures LLC)
One company in the researched set discloses a stake in New Generation Gas Gathering LLC (NG3 pipeline joint venture with Momentum Sustainable Ventures LLC), worth $300m between them. New Generation Gas Gathering LLC (NG3 pipeline joint venture with Momentum Sustainable Ventures LLC) is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
New Generation Gas Gathering LLC (NG3 pipeline joint venture with Momentum Sustainable Ventures LLC) - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 2022
New Generation Gas Gathering, known as NG3, owns a natural gas pipeline of about 255 miles running from the Haynesville shale in northwest Louisiana and east Texas to the Gillis hub in southwest Louisiana, where gas is aggregated for the Gulf Coast liquefied natural gas plants and other markets. The line was developed by Momentum Sustainable Ventures, which built and operates it, alongside Expand Energy, then trading as Chesapeake Energy, which signed on in late 2022 as anchor shipper with a firm commitment of 700 MMcf per day and took an equity interest in the project. Capacity is about 1.7 Bcf per day with room to expand, the project cost roughly 1.6 billion dollars, and it entered service on 1 October 2025 ahead of schedule. A carbon capture and sequestration scheme designed to handle treated carbon dioxide from the gathered gas sits alongside the pipeline.
Source
New Generation Gas Gathering LLC (NG3 pipeline joint venture with Momentum Sustainable Ventures LLC) files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Expand sees value in keeping NG3 pipeline stake (Oil & Gas Journal), New Generation Gas Gathering (NG3) Project (Global Energy Monitor) and Momentum Midstream's NG3 pipeline starts early, boosts Haynesville capacity (Pipeline & Gas Journal). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- Expand Energy Corporation, as of 30 Jun 2026. This is an equity-method investment (a percentage interest in an LLC joint venture), not a share position: shares is null by design, not because it is unsized. Carrying value, reflected within other long-term assets on the balance sheet, was $300 million as of 30 Jun 2026 (Q2 2026 10-Q), versus $313 million as of 31 Dec 2025 and $307 million as of 31 Dec 2024 (both FY2025 10-K). This is a single, separately-identified equity-method balance covering only the Momentum/NG3 investment (not a combined multi-venture balance), so the figure is safely attributable to this one investee; no combined-balance trap applies. The company was named Chesapeake Energy Corp when this joint venture was formed (Q4 2022) but both cited filings (FY2025 10-K filed 18 Feb 2026, Q2 2026 10-Q filed 28 Jul 2026) were filed under the Expand Energy name, after the Sept/Oct 2024 Southwestern Energy merger and rename. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of New Generation Gas Gathering LLC (NG3 pipeline joint venture with Momentum Sustainable Ventures LLC) where a holder stated one, and are missing where no holder did.