KNTK Kinetik Holdings Inc - Ordinary Shares - Class A

$KNTK WES Acquiring Kinetik Holdings (Current News) While earlier rumors had cooled off after WES acquired Brazos Midstream in May 2026 for $1.6 billion, Bloomberg reported today that Western Midstream is nearing a deal to acquire Kinetik Holdings (NYSE: KNTK). The Deal Focus: Combining WES and Kinetik creates a dominant midstream footprint in the Delaware Basin, boosting natural gas processing and NGL transport integration. Key Backers: Kinetik has significant backing from private equity firms, including Apache spinoff roots and Blackstone interest.

$KNTK Found it in the filings on Equibles. Kinetik Holdings Inc. 10% owner ISQ Global Fund II GP LLC reported selling 58,383 KNTK shares on September 8, 2026, worth about $3.22 million, in a non-derivative Form 4.

$KNTK: Kinetik Holdings, an energy pipeline company partly owned by Blackstone Inc., is in the early stages of exploring options, including a sale, according to Bloomberg https://www.bloomberg.com/news/articles/2026-09-09/blackstone-backed-kinetik-said-to-weigh-options--including-sale?utm_source=website&utm_medium=share&utm_campaign=twitter

Kinetik Holdings, backed by Blackstone, is reportedly evaluating strategic alternatives, including a potential sale, with financial advisers preparing for a formal process that could launch within weeks. No final decision has been made, and the company could ultimately remain independent. Kinetik and Blackstone declined to comment. The potential transaction comes amid strong operating momentum. Kinetik’s second-quarter 2026 revenue increased 36% year over year, while net income more than doubled, prompting management to raise its full-year 2026 outlook. The company’s approximately 4,600-mile pipeline network, stretching from the Permian Basin to the Gulf Coast, makes it an attractive strategic asset for potential buyers. Interest in a sale is not new. Western Midstream Partners approached Kinetik earlier this year, prompting the company to explore potential buyer interest and underscoring the strategic value of its midstream infrastructure. $KNTK