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KNTK vs REPX

Kinetik Holdings Inc. and Riley Exploration Permian, Inc.

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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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Riley Exploration Permian, Inc.

Riley Exploration Permian, Inc., an independent oil and natural gas company, focuses on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas and New Mexico. Its acreage is primarily located on contiguous blocks in Yoakum County, Texas; and Eddy County, New Mexico. The company is headquartered in Oklahoma City, Oklahoma.

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