Diamondback Energy and Kinetik have jointly acquired a 30% equity stake in Epic Crude, a key pipeline operator and a unit of Epic Midstream. The financial terms of the deal were not disclosed.

Diamondback and Kinetik boost equity interest in EPIC Crude ... to accommodate additional crude from its merger with Endeavor Energy Resources, positioning it as the third-largest crude producer ...

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Kinetik (KNTK – Research Report) and Ampol ...

HOUSTON, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) and EPIC ...

The refinancing comes at the heels of Diamondback and Kinetik Holdings acquiring stake in EPIC’s 800-mile crude pipeline, which runs from the Permian Basin to the Gulf Coast.

Diamondback Energy, Inc. (NASDAQ:FANG), Kinetik Holdings Inc. (NYSE:KNTK), and EPIC Midstream Holdings disclosed a series of transactions to enhance the growth and financial profile of EPIC Crude ...

“We are excited to partner with Diamondback, Ares Management funds and EPIC Midstream on these transactions,” said Jamie Welch, President and Chief Executive Officer of Kinetik. “Our volume ...