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 […]