HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today completed its previously announced acquisition of Durango Permian LLC (“Durango”), a robust platform with exciting potential in the Northern Delaware Basin. Kinetik funded the cash consideration of the Durango acquisition with cash proceeds from the divestiture of its 16% equity interest in Gulf Coast Express pipeline (“GCX”), which was completed on June 4, 2024. As a result of the a...
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