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Kinetik Holdings

🌱 Survivor
$KNTKEnergySPAC Year: 2017Merged: 2022

Trust Size

$7.1B

Peak Price

$104.80

Current Price

$45.81

Return

+358.1%

Price Journey

$10 IPO$104.80 peak$45.81

What Happened

Kinetik Holdings is the largest publicly traded, fully integrated midstream company in the Delaware Basin, providing natural gas gathering, compression, processing, and transportation services.

Kinetik was formed through the February 2022 merger of Altus Midstream (originally a SPAC called Kayne Anderson Acquisition Corp) and EagleClaw Midstream in an all-stock combination. The resulting company became the dominant midstream operator in the Permian Basin's Delaware sub-basin. Kinetik has performed well as a public company, benefiting from strong Permian Basin production growth and paying substantial dividends.

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Timeline

2017-03-27

S-1 Registration Filed

2022-01-12

Merger Proxy Filed (DEFM14A)

🔀 Reverse Stock Split

Reverse split ratio: . Reverse splits are used to avoid delisting but destroy shareholder value through the illusion of a higher stock price.

SEC Filing Details

CIK Number

1692787

Total SEC Filings

698

State of Incorporation

DE

Last Filing Date

2026-03-06

Business Location

Houston, TX

Trust/Asset Size

$7.1B

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for Kinetik Holdings

View on SEC.gov →
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