Kinetik News

Kinetik News

Kinetik Issues 2022 Guidance and Announces Capital Allocation Update

Kinetik Issues 2022 Guidance and Announces Capital Allocation Update MIDLAND, Texas and HOUSTON, Feb. 23, 2022 (GLOBE NEWSWIRE) — Kinetik Holdings Inc. (NASDAQ: KNTK) (“Kinetik”, the “Company” or “we”) today provided full year 2022 Guidance. Highlights Super-system interconnect to be completed in June 2022 allowing for 500 Mmcfpd of bi-directional capacity flow between the legacy Altus Midstream and BCP Raptor systems Upside to original $50 million run-rate EBITDA synergy estimate, including a new gathering and […]