Kinetik Holdings: Initiation Of Coverage – Midstream Logistics & Pipeline Transportation Crucial For Future Growth? 

Kinetik reported its Q4 2023 results and 2024 financial guidance, starting on an upbeat note by achieving record processed gas volumes each quarter and delivering projects on time and within budget. The tireless focus on execution led to several strategic growth projects, priorities, and the company’s vision. Moreover, various accomplishments in terms of system-wide treating and blending capabilities uniquely position Kinetik to support the next phase of growth in the basin, including treating increasingly important trends for producers developing shallower benches.