Kinetik News

Kinetik and WaterBridge to Join the Permian Strategic Partnership in 2022  Midland, TX (Sept. 15, 2022) — The Permian Strategic Partnership (PSP) announced today the addition of two new companies, Kinetik and WaterBridge, bringing their member company count to 19. “We are thrilled to welcome Kinetik, WaterBridge and their respective board members Matt Wall and Jason Long to our team,” said Tracee Bentley, President and CEO of the PSP. “These companies bring tremendous talent and […]

Providing near-term Permian takeaway solution HOUSTON, June 29, 2022 – Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity. The project will increase PHP’s capacity by approximately 550 million cubic feet per day (MMcf/d). The project will involve primarily additional compression on PHP to increase natural gas deliveries from the Waha area to multiple mainline connections, […]

Ernst & Young has named 16 executives from 15 companies as winners of its 2022 Entrepreneur of the Year for the Central South Region. However, only three are from the Houston area, a stark difference from previous years. The other winners on the list are based in Austin, Brenham, San Antonio and Hutto, Texas. The Central South region also includes Louisiana and Mississippi, according to EY’s website, but no executives from those states made the […]

COMPANY’S FIRST CHARITY GOLF EVENT, “HOLES FOR HEROES” TO PROVIDE DONATIONS FOR FIRE, POLICE AND MEDICAL RESPONDERS MIDLAND, Texas, June 29, 2022 – The first-annual golf tournament hosted by Kinetik on June 28, 2022 raised more than $150,000 for 17 West Texas police and fire departments and emergency medical services across West Texas, including Midland and Pecos. Named the “Holes for Heroes” tournament, the event at Ranchland Hills Golf Club in Midland attracted over 140 […]

Friends, This is to advise you that our Midland, Texas office is moving to a new location, effective June 13, 2022. New Address: Kinetik Midland, Texas Office 303 Veterans Airpark Lane, Suite 2000 Midland, TX 79705 432.789.1333 office 432.242.3277 fax Previous Address: Kinetik Midland, Texas Office 500 W. Illinois Ave, Suite 700 Midland, TX 79701 432.789.1333 office 432.242.3277 fax While our prior location served us well for many years, we simply outgrew the space.  The […]

CEO and President of Kinetik Jamie Welch and other senior leaders from Kinetik were on hand in New York City on Friday, February 25 to celebrate the first day of trading for Kinetik (NASDAQ:  KNTK).  Welch adds, “Kinetik has tremendous operating leverage with 2 Bcfpd of existing processing capacity that supports meaningful volume growth with minimal capital spend. The Company is uniquely positioned to significantly grow…” Photo Credit: Nasdaq, Inc./ Vanja Savic

KNTK will start trading on the NASDAQ effective tomorrow Kinetik also updates details on Independent Board Members MIDLAND, Texas and HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) — Kinetik Holdings Inc. (“Kinetik”, the “Company” or “we”) today announced the completion of the business combination of Altus Midstream Company (Nasdaq: ALTM) (“Altus”) and BCP Raptor Holdco LP (“BCP”), creating a unique, fully integrated midstream company. Kinetik is the only pure-play midstream company in the Texas Delaware Basin, […]

Newly Combined Company to be renamed Kinetik at Closing with the New Ticker Symbol “KNTK” HOUSTON, Feb. 10, 2022 (GLOBE NEWSWIRE) — Altus Midstream Company (Nasdaq: ALTM) today announced that its shareholders voted in favor of the previously announced business combination with BCP Raptor Holdco, LP (“BCP”), the parent company of the EagleClaw Midstream business. The all-stock business combination is expected to close on or around Feb. 22, 2022 (“Closing”). New Company Name Altus also […]

EagleClaw Midstream employees from the Midland office recently volunteered at the West Texas Food Bank in Midland, TX.  The West Texas Food Bank has been feeding families in entire West Texas area for more than 35 years, and provides food to individuals across 34,000 square miles of Texas.  Employees assisted in inspecting, washing and repacking items.  EagleClaw Midstream encourages employees to give back to the communities in which they live and work, and provides 8 […]

EagleClaw Midstream is among the 45 members of ONE Future reporting methane emissions data for the 2020 ONE Future annual report being released today.  ONE Future members beat the 1% intensity goal by 58% in 2020.  Said another way, the members were 99.58% efficient in delivering a molecule of gas from the rig to the burner tip.  EagleClaw Midstream reports in the Gathering & Boosting and Processing sectors, which beat their sector goals by 47% […]