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Dec 31, 2021
Kinetik Q4 2021 Earnings Report
Kinetik completed business combination of Altus Midstream Company and BCP Raptor Holdco LP, creating a fully integrated midstream company.
Key Takeaways
Kinetik Holdings Inc. announced the completion of a business combination, creating a unique, fully integrated midstream company. The company's Class A common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol “KNTK” on February 23, 2022.
Kinetik is now the only pure-play midstream company in the Texas Delaware Basin.
The business combination included Altus Midstream Company and BCP Raptor Holdco LP.
Kinetik's Class A common stock will trade on the Nasdaq under the ticker symbol “KNTK”.
Apache has executed a new 10-year dedication agreement with Kinetik for its central Reeves County acreage.
Forward Guidance
Kinetik will host an Investor Update and 2022 Guidance conference call on Thursday, February 24, 2022, to discuss the 2022 guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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