MetaCap

Kinetik Holdings Inc. Class A Company Profile

NYSE: KNTKUtilitiesNatural Gas DistributionUSD

54.41+0.69 (+1.28%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Kinetik at a glance

Kinetik Holdings Inc. Class A (NYSE: KNTK) is a Natural Gas Distribution company in the Utilities sector headquartered in Midland, TX. Kinetik is led by Mr. Jamie W. Welch and employs about 500 people. The company's shares have traded publicly since 2022.

At a market capitalization of $9.21 billion, it is considered a mid-cap company. Its SEC Central Index Key (CIK) is 0001692787, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Kinetik do?

Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It offers gathering, compression, processing, stabilization, treating, and storage services; transportation services through pipelines; and water gathering and disposal services for companies that produce natural gas, natural gas liquids (NGL), and crude oil. The company also sells condensates, natural gas residue, and NGLs. Kinetik Holdings Inc. was founded in 2017 and is headquartered in Midland, Texas.

Business description based on the company's public filings.

Company information

Legal name
Kinetik Holdings Inc. Class A
Ticker
NYSE: KNTK
Sector
Utilities
Industry
Natural Gas Distribution
CEO
Mr. Jamie W. Welch
Employees
500
Headquarters
303 Veterans Airpark Lane, Midland, TX, United States
Phone
432 789 1333
IPO year
2022
SEC CIK
0001692787

Companies similar to Kinetik

KNTK peer companies
CompanyPrice% ChgMarket capCompare
AMAntero Midstream Corporation21.19+1.63%$10.06Bvs KNTK
UGIUGI Corporation36.94+0.79%$7.92Bvs KNTK
SOBOSouth Bow Corporation33.84+1.41%$7.06Bvs KNTK
PAGPPlains GP Holdings L.P. Class A Units representing Limited Partner Interests26.57+1.37%$6.19Bvs KNTK
DTMDT Midstream Inc.123.76+0.87%$12.63Bvs KNTK
KGSKodiak Gas Services Inc.53.57-1.96%$5.42Bvs KNTK
AROCArchrock Inc.30.34+0.83%$5.32Bvs KNTK
TGSTransportadora de Gas del Sur SA TGS26.39+0.57%$3.97Bvs KNTK

Related