Kinetik (KNTK)

• Market cap: $2.61B
• 1 day: 0.1%
• 5 days: 1.85%
• 1 month: 13.69%
• 3 months: 7.9%
• 6 months: -5.83%
• Year to date: 11.6%
• 1 year: -37.14%
• 5 years: 71.54%
• 10 years: -58.05%
• Sector: Energy
• Industry: Oil & Gas Midstream

About: Kinetik Holdings Inc is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines. The company operates in two reportable segments which include The Midstream Logistics segment operates under three service offerings, 1) gas gathering and processing, 2) crude oil gathering, stabilization, and storage services, and 3) produced water gathering and disposal. The Pipeline Transportation segment consists of three EMI pipelines originating in the Permian Basin with various access points to the U.S. Gulf Coast, Kinetik NGL Pipelines, and Delaware Link Pipeline.

Employees: 460