Kinetik Holdings Inc. (formerly EagleClaw Midstream)
About
Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. The company is headquartered in Midland, Texas and has a significant presence in Houston. Kinetik provides comprehensive gathering, transportation, compression, processing, and treating services for companies that produce natural gas, NGL, crude oil and water.
The company rebranded from EagleClaw Midstream Ventures upon closing of the merger of Altus Midstream into EagleClaw on Feb. 22.
Editor's note: Updated March 2, 2022.
Headquarters Address
500 W. Illinois, Suite 700
Midland, TX 79701
United States
Website
www.kinetik.comMain Phone Number
Transactions
EagleClaw to Combine with Apache’s Altus Midstream in All-stock Transaction
EagleClaw to Combine with Apache’s Altus Midstream in All-stock Transaction
EagleClaw to Combine with Apache’s Altus Midstream in All-stock Transaction
EagleClaw to Combine with Apache’s Altus Midstream in All-stock Transaction
PDC Energy Divests Permian Basin Midstream Assets For $310 Million
PDC Energy Divests Permian Basin Midstream Assets For $310 Million
EagleClaw Midstream Buys Caprock Midstream
EagleClaw Midstream Buys Caprock Midstream
EagleClaw Midstream Buys Caprock Midstream
EagleClaw Midstream Buys Caprock Midstream
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New Financings
Launched an offering of sustainability-linked senior notes due 2030 priced at 99.588% of par. The notes…
Announced a two-for-one split of the company’s Common stock in the form of a stock dividend approved and…
Priced an upsized underwritten secondary offering of roughly 3.5 million shares of its Class A common…
Commenced an underwritten secondary offering of 2.5 million shares of its Class A common stock by Apache…
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News
Same Game, Fewer Players: Midstream M&A Stands Apart from E&P Sector
The midstream M&A market typically follows the E&P sector by a few months. But some aspects of the market are different this time around.
Kinetik Closes Acquisition of Durango’s New Mexico Delaware G&P Assets
Kinetik Holdings closed a $765 million acquisition of Durango Permian LLC, deepening Kinetik’s footprint of gas gathering and processing assets in the Delaware Basin.
Kinetik Sells $540MM Stake in Gulf Coast Express Pipeline
Kinetik Holdings’ $540 million deal will help the midstream company pay for its recently announced acquisition of Durango Permian Infrastructure.
Permian Takeaways: Rebuilding the Most Prolific Paradigm in the US
Midstream companies and E&Ps may have different priorities, but continued pipeline development is crucial for the basin’s future.
Sell High, Invest Low: Kinetik CEO on Creating Value with Durango Deal
Kinetik CEO Jamie Welch walks through the company's process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview.
Future Permian Gas Pipeline May Have a Difficult Route to Follow
Kinetik Midstream’s CEO Jamie Welch sees more expensive and longer pipeline paths causing complications for midstream companies.
Kinetik Launches Delaware Basin M&A Valued at $1.3B
Kinetik Holdings will buy Durango Permian infrastructure for $765 million, excluding contingency payments, and sell its interests in the Gulf Coast Express pipeline to AcrLight Capital Partners for $540 million.
Kinetik Holdings Enters Agreement to Pay Debt
Kinetik Holdings entered an agreement with PNC Bank to pay down outstanding debt.
Exclusive: Kinetik's Projects, Plans for the Delaware [WATCH]
Kinetik is a relatively new company, having been formed just last year with the merger of Altus Midstream and EagleClaw Midstream. In this Hart Energy LIVE Exclusive, Kinetik CFO Trevor Howard walks through Kinetik's big projects and future plans
Kinetik Announces Senior Leadership Promotions
The new promotions will report directly to President and CEO of Kinetik, Jamie Welch.
Midstream Takeaway: More Permian Pipelines
The current round of pipeline expansions means more capacity and consolidation in the Permian Basin.
Kinetik, WaterBridge Join Permian Strategic Partnership
The Permian Strategic Partnership is now comprised of 19 member companies through the recent additions of Kinetik and WaterBridge Resources.
Kinder Morgan Reaches FID on Permian Highway Pipeline Expansion Project
Permian Pipeline, jointly owned by Kinder Morgan, Kinetik Holdings and ExxonMobil subsidiaries, will proceed with its expansion project across the state of Texas.
Kinetik Releases Sustainability-linked Financing Framework
The framework outlines the principles Kinetik would follow in connection with the issuance of sustainability-linked instruments.
EagleClaw to Combine with Apache’s Altus Midstream in All-stock Transaction
The combination with Altus Midstream creates the largest pure-play midstream company in the Permian Basin, providing the scale necessary for long-term success, says EagleClaw CEO Jamie Welch.