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KNTK vs MUR

Kinetik Holdings Inc. and Murphy Oil Corp.

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Kinetik Holdings Inc.

Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. It operates through two segments, Midstream Logistics and Pipeline Transportation. The company offers gathering, compression, processing, stabilization, treating, and storage services; transportation services through pipelines; and water gathering and disposal services for companies that produce natural gas, natural gas liquids (NGL), and crude oil. It also sells condensates, natural gas residue, and NGLs. Kinetik Holdings Inc. was founded in 2017 and is headquartered in Midland, Texas.

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Murphy Oil Corp.

Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids. The company was formerly known as Murphy Corporation and changed its name to Murphy Oil Corporation in 1964. Murphy Oil Corporation was incorporated in 1950 and is headquartered in Houston, Texas.

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