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Bullboard - Stock Discussion Forum Kinetik Holdings Inc KNTK

Consumer Cyclical Energy Marketing Services Oil & Gas Midstream
Kinetik Holdings Inc. is an integrated midstream energy company in the Permian Basin. The Company provides gathering, transportation, compression, processing and treating services. Its segments include Midstream Logistics and Pipeline Transportation. The Midstream Logistics segment provides three service offerings, including gas gathering and processing, crude oil gathering, stabilization and... see more

Bullboard (NYSE:KNTK)

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Post by AwareInvestoron Mar 13, 2022 9:02am

Kinetik Holdings Plunges on Stock Sale; Decline Seems to be

On March 9, Kinetik Holdings Inc. sold what will amount to 4 million common shares (after the greenshoe option is exercised) at US$58.00 per share, a whopping 17% discount to its March 8 close. The ...more  
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