# Kinetik

> Kinetik is a publicly traded midstream energy company serving approximately 90 producer customers in the Delaware Basin. It gathers, compresses, treats and processes natural gas, handles crude oil and produced water, and connects production to downstream markets through owned infrastructure and pipeline investments.

- **Founded:** 2012
- **Headquarters:** Houston and Midland, United States
- **Founders:** Robert A. (Bob) Milam (Founding president of predecessor EagleClaw Midstream (2012)), Curtis Clark (Founding executive vice president and COO of predecessor EagleClaw Midstream (2012)), Charles S. Kuss (Founding executive vice president of commercial development of predecessor EagleClaw Midstream (2012))
- **Products:** Natural gas gathering, compression, treating and processing, Pipeline transportation and market access, Crude oil gathering, stabilization and storage, Produced water gathering and disposal, Kings Landing Processing Complex
- **Notable:** Combined Altus Midstream and BCP Raptor in February 2022 to form the current Kinetik platform., Expanded into New Mexico through the Durango acquisition completed June 24, 2024., Brought Kings Landing into commercial service in September 2025.

## Products & services

- **Natural gas gathering, compression, treating and processing** — Interconnected Delaware Basin facilities prepare wellhead gas for downstream markets and recover natural gas liquids.
- **Pipeline transportation and market access** — Owned pipelines and equity investments connect Permian production with downstream gas and NGL markets.
- **Crude oil gathering, stabilization and storage** — Field infrastructure collects and prepares crude oil for onward transportation.
- **Produced water gathering and disposal** — Pipeline and permitted disposal services support producer development programs.
- **Kings Landing Processing Complex** — New Mexico processing complex entered commercial service in September 2025.
- **ECCC Pipeline** — North-to-south connection between Eddy and Culberson counties reported in service in August 2026.

## Achievements

- Combined Altus Midstream and BCP Raptor in February 2022 to form the current Kinetik platform.
- Expanded into New Mexico through the Durango acquisition completed June 24, 2024.
- Brought Kings Landing into commercial service in September 2025.
- Reported ECCC Pipeline in service in August 2026.

## Latest updates

- **2026-10** — Declared a quarterly $0.81-per-share dividend; scheduled Q3 earnings release for November 4 and conference call for November 5.
- **2026-08** — Reported Q2 processed gas of 1.74 Bcf/d; raised 2026 adjusted EBITDA guidance to $1.04 billion-$1.10 billion and capital expenditure guidance to approximately $560 million. Guidance is forward-looking; adjusted EBITDA is non-GAAP.
- **2026-08** — Announced Kings Landing II investment decision, approximately $260 million expected capital and completion targeted for mid-2028; reported ECCC Pipeline in service.
- **2026-02** — Reported 2025 results and described renegotiated legacy Durango customer agreements extending into the mid-2030s with fixed-fee structures and added treating fees.

## Links

- Website: https://kinetik.com
- LinkedIn: https://www.linkedin.com/company/kinetikhldgs
- Facebook: https://www.facebook.com/KinetikHoldings

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Profile page: https://yespress.io/kinetik
Published by YesPress — https://yespress.io
Last updated: 2026-10-23