bullish

Kinetik Holdings Inc. (KNTK) - Wednesday, Feb 21, 2024

202 Views22 May 2024 18:42
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SUMMARY
  • Kinetic is a Permian midstream business formed from the merger of Altus Midstream and Blackstone's Raptor I and Raptor II G&P businesses
  • The company is the only large, pure-play Permian midstream business, with two business units focused on Midstream Logistics and Pipeline Transportation
  • Kinetic, still 50% owned by Blackstone, is expected to generate reasonable profits in the foreseeable future and presents a stable investment option in the current market environment

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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