Kinetik started at Equal Weight at Barclays on 'well-situated' G&P assets

Barclays initiates coverage on Kinetik Holdings (KNTK), praising its strategic assets in the Delaware Basin and stable cash flow from G&P contracts.

By: Seeking Alpha

Apr 30 2024
4
3255 Views

Kinetik Holdings (NYSE:KNTK) +0.7% in Monday's trading as Barclays initiates with an Equal Weight rating and $40 price target, saying that even though the company's assets are well situated, the positives are reflected in the stock's current valuatio... [554 chars]

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Kinetik started at Equal Weight at Barclays on 'well-situated' G&P assets

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