Kinetik Holdings acquires Durango Permian [Yahoo! Finance]
Kinetik Holdings Inc. (KNTK)
Company Research
Source: Yahoo! Finance
In addition to contingent payment due upon the successful activation of Durango Permian's Kings Landing Gas Gathering and Processing Development ("Kings Landing"), consideration for the Durango Permian sale consists of both cash and equity. Operating in the Permian Basin of southeast New Mexico, Durango Permian is a premier gas collection, processing, and carbon dioxide ("CO2") sequestration company owned by Durango Midstream. Funds managed by Morgan Stanley Energy Partners own the bulk of Durango. Richard Cargile, president, and chief executive officer of Durango stated: “Durango is excited to announce the completion of the sale of its Permian Basin assets to Kinetik. I am very proud of the dedication and tireless efforts of our employees as we have expanded our presence in New Mexico through two acquisitions and multiple growth projects in partnership with Morgan Stanley Energy Partners over the last five years. "We share in Kinetik's enthusiasm for the sustained growth pot
Show less
Read more
Impact Snapshot
Event Time:
KNTK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KNTK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KNTK alerts
High impacting Kinetik Holdings Inc. news events
Weekly update
A roundup of the hottest topics
KNTK
News
- Morgan Stanley Energy Partners Completes Sale of Durango Permian to Kinetik Holdings [Yahoo! Finance]Yahoo! Finance
- Kinetik wraps up $765m acquisition of Durango Permian [Yahoo! Finance]Yahoo! Finance
- Kinetik Completes Acquisition of Durango Midstream's New Mexico Gathering and Processing System [Yahoo! Finance]Yahoo! Finance
- Kinetik Completes Acquisition of Durango Midstream’s New Mexico Gathering and Processing SystemBusiness Wire
- Kinetik divests stake in Gulf Coast Express pipeline to ArcLight affiliate [Yahoo! Finance]Yahoo! Finance
KNTK
Earnings
- 5/8/24 - Miss
KNTK
Sec Filings
- 6/28/24 - Form 8-K
- 6/27/24 - Form 11-K
- 6/7/24 - Form 8-K
- KNTK's page on the SEC website