KINETIK HOLDINGS INC (KNTK)

Company Profile

Kinetik Holdings, Inc. provides oil and gas production and distribution services. The company is headquartered in Houston, Texas and currently employs 300 full-time employees. The company went IPO on 2017-04-04. The firm provides gathering, transportation, compression, processing, and treating services. The firm operates through two segments: Midstream Logistics and Pipeline Transportation. The Midstream Logistics segment provides three service offerings, including gas gathering and processing, crude oil gathering, stabilization and storage services and water gathering and disposal. The Pipeline Transportation segment consists of four equity method interest (EMI) pipelines in the Permian Basin with various access points to the Texas Gulf Coast, Kinetik NGL Pipeline and its Delaware Link Pipeline. The EMI pipelines transport crude oil, natural gas, and natural gas liquids (NGLs) within the Permian Basin and to the Texas Gulf Coast. The firm has approximately 2.0 billion cubic feet per day (Bcf/d) cryogenic natural gas processing capacity strategically located near the Waha Hub in West Texas.

Company Info

KINETIK HOLDINGS INC

2700 Post Oak Blvd., Suite 300

Houston TEXAS

P: 17136217330.0

Employees: 300

Website: https://www.altusmidstream.com/home