Stock of the Day
November 8, 2023
Kinetik (KNTK)
$59.07
-$0.38 (-0.6%)
Market Cap:
$9.36B
About Kinetik
Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services.
The company was founded in 2017 and is based in Houston, Texas.