Kinetik (NYSE: KNTK) — Company Overview, News & Financial Data
Kinetik provides midstream energy services, focusing on innovation and sustainability in oil and gas production and transportation.
Kinetik
Kinetik is a pure-play Permian Basin midstream energy service provider operating primarily in the Delaware Basin across West Texas and Southeastern New Mexico. The company offers natural gas gathering, compression, processing, and transportation, alongside natural gas liquids, crude oil, and produced water management services for energy producers. Its integrated infrastructure network comprises extensive gas pipelines, cryogenic processing complexes, and equity interests in long-haul pipelines connecting regional production to Gulf Coast demand and export hubs. Headquartered in Texas, Kinetik supports energy producers by transporting and processing hydrocarbons across major operating footprints in the Permian Basin.
Snapshot
Operations
Products and/or services of Kinetik
- Natural Gas Gathering and Compression: Operation of extensive low-pressure and high-pressure pipeline gathering networks and compressor facilities across the Delaware Basin, collecting raw natural gas from wellheads and transporting it to centralized processing complexes in West Texas and New Mexico.
- Natural Gas Processing: Operation of multiple cryogenic processing plants that treat raw natural gas streams to remove impurities and extract mixed natural gas liquids, delivering pipeline-quality residue natural gas and natural gas liquids streams to downstream markets.
- Natural Gas Liquids Transportation: Transmission services and pipeline equity interests transporting mixed natural gas liquids and purity streams from processing facilities in West Texas to major fractionation complexes and Gulf Coast export infrastructure.
- Residue Gas Pipeline Transportation: Long-haul natural gas pipeline transportation services through strategic equity pipeline interests, conveying dry natural gas from Delaware Basin production areas to key demand centers, LNG export facilities, and international boundary points.
- Crude Oil Gathering and Storage: Integrated crude oil gathering pipeline systems, storage tank batteries, and truck unloading stations that collect crude oil from regional producer fields and transport it to primary pipeline interconnection points and market hubs.
- Produced Water Handling and Disposal: Water management infrastructure providing gathering pipelines, disposal wells, and recycling facilities to collect, treat, and dispose of produced water generated during oil and gas extraction operations in the Delaware Basin.
Kinetik executive team
- Mr. Jamie W. WelchPresident, CEO & Director
- Mr. Matthew WallExecutive VP & COO
- Mr. Steven M. StellatoExecutive VP, Chief Accounting & Chief Administrative Officer
- Mr. Trevor HowardSenior VP & CFO
- Ms. Alex DurkeeDirector of Investor Relations
- Ms. Lindsay EllisGeneral Counsel, Chief Compliance Officer & Corporate Secretary
- Mr. Tyler A. MilamSenior Vice President, Crude, Water & New Energy Ventures
- Mr. Kris KindrickSenior Vice President, Commercial