Permian Resources sells non-core midstream assets in the Delaware Basin to Kinetik Holdings for $180 million, enhancing ...

In addition to this, innovations in extraction technologies, such as hydraulic fracturing and horizontal drilling, have made ...

("Kinetik" or the "Company") today announced it has entered into a definitive agreement with Permian Resources Corporation (NYSE: PR) ("Permian Resources") whereby Kinetik will acquire Permian ...

MIDLAND, Texas, December 10, 2024--Permian Resources Corporation (NYSE ... systems primarily located in Reeves County, Texas to Kinetik Holdings Inc. (NYSE: KNTK) ("Kinetik") for a total cash ...

Kinetik has made a slew of acquisitions in the Permian Basin this year after forming through a merger in February 2022. Houston-based Kinetik Holdings Inc. (NYSE: KNTK) is acquiring Delaware Basin ...

Furthermore, in December 2024, Kinetik Holdings Inc. (NYSE:KNTK) announced the acquisition of natural gas and crude oil gathering systems from Permian Resources for $180 million in cash.

Kinetik Holdings (KNTK) has entered into a definitive agreement with Permian Resources (PR) whereby Kinetik will acquire Permian Resources’ natural gas and crude oil gathering systems primarily ...

Permian Resources agreed to sell its natural gas and oil gathering systems to Kinetik Holdings in a cash deal valued at $180 million. The oil and natural gas company said the divested systems ...