secwatch.observer — SEC 8-K summary
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Issuer:     Kinetik Holdings Inc. (KNTK)
CIK:        0001692787
Form:       8-K/A
Filed at:   2024-08-30T23:59:59+00:00
Accession:  0001692787-24-000044
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinetik files Durango Permian financials following June 2024 acquisition
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- Acquired 100% of Durango Permian LLC; closed June 24, 2024 for undisclosed cash.
- Durango 2023 audited results: revenue $304M, net income $25M, total assets $457M.
- Pro forma combined financials filed for H1 2024 and FY 2023.
- Durango operates 220 MMcfd gas plants and gathering assets in New Mexico.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692787/000169278724000044/0001692787-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692787/000169278724000044/apa-20240624.htm
  HTML page:      https://secwatch.observer/filing/0001692787-24-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer