Kinetik
Recent News About Kinetik
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Kinetik completes acquisition of Durango Midstream’s New Mexico gathering and processing system
Kinetik Holdings Inc. announced the completion of its acquisition of Durango Permian LLC, enhancing its operations in the Northern Delaware Basin. This acquisition follows the divestiture of Kinetik's 16% equity interest in the Gulf Coast Express pipeline (GCX) on June 4, 2024, which funded the purchase. The acquisition was announced in a press release on June 24.