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Industry | Oil & Gas Midstream |
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ISIN | US02215L2097 |
Exchange | NYSE |
CurrencyCode | USD |
Sector | Energy |
Market Cap | 2B |
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PE Ratio | 39.33 |
Target Price | 56.0146 |
Dividend Yield | 7.8% |
Beta | 1.01 |
Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. It operates through two segments, Midstream Logistics and Pipeline Transportation. The company offers gathering, compression, processing, stabilization, treating, and storage services; transportation services through pipelines; and water gathering and disposal services for companies that produce natural gas, natural gas liquids (NGL), and crude oil. It also sells condensates, natural gas residue, and NGLs. Kinetik Holdings Inc. was founded in 2017 and is headquartered in Midland, Texas.
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