Kinetik News

Kinetik News

Permian Highway Pipeline Announces Final Investment Decision For Expansion Project

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, […]


EY names 2022 Entrepreneur of the Year Central South regional winners

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 […]


Kinetik Golf Tournament Raises Over $150,000 For West Texas First Responders

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 […]


Kinetik’s Midland Office is Moving to a New Location

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 […]


Kinetik and Tachyus Sign Agreement to Deploy Aurion to Monitor, Model and Report Greenhouse Gas Emissions

Kinetik, the largest midstream operator in the Delaware Basin, and Tachyus Corporation, a leader in digital transformation, today announced an agreement to implement Aurion, which will be used to estimate, model, forecast and report greenhouse gas emissions in Kinetik’s operations.  “We look forward to integrating the Aurion platform within our day-to-day operations. We see enhanced carbon accounting and the ability to frequently model and report our GHG emissions as essential in achieving both our long-term […]


Gulf Coast Express Pipeline Announces Open Season For Expansion Project

Increasing natural gas deliveries to the South Texas markets HOUSTON, May 16, 2022 – Gulf Coast Express Pipeline LLC (GCX) today announced an open season to solicit commitments for an expansion project on its system. Upon achieving a final investment decision (FID), the project will increase GCX’s capacity by nearly 570 million cubic feet per day (MMcf/d). The project will involve primarily compression expansions on the GCX system to increase natural gas deliveries from the […]


Kinetik Holdings CEO and President Jamie Welch was again named a finalist in Ernst & Young LLP Entrepreneur Of The Year® program

Kinetik Holdings CEO and President Jamie Welch was again named a finalist in Ernst & Young LLP Entrepreneur Of The Year® program, Central South Division. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed.  Welch was selected by a panel of independent judges according to the following criteria – entrepreneurial spirit, purpose, growth and impact – among other core contributions and attributes. View PDF


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).

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


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 […]


Altus Midstream is now Kinetik

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, […]