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People familiar with the matter said that Kinetik Holdings, an energy pipeline company partially owned by Blackstone Group, is in the early stages of evaluating the plan. Potential options include selling the company. People familiar with the matter said that Kinetik is hiring consultants to prepare for a potential sale process, and the deal may begin within a few weeks; since the relevant information has not yet been disclosed, people familiar with the matter requested anonymity. People familiar with the matter added that no final decision has been made, and Kinetik can also choose to continue operating independently. On Wednesday in the New York market, Kinetik's share price fell 0.8% to close at $54.55, and the company's market value was about $8.9 billion. The stock has accumulated a cumulative increase of about 30% over the past year. Representatives from Kinetik and the Blackstone Group declined to comment. Affected by the conflict between Ukraine and Iran, commodity prices rose, and mergers and acquisitions in the oil and gas sector heated up. The company was promoted to the trading market in this context.

Zhitongcaijing·09/10/2026 00:25:04
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People familiar with the matter said that Kinetik Holdings, an energy pipeline company partially owned by Blackstone Group, is in the early stages of evaluating the plan. Potential options include selling the company. People familiar with the matter said that Kinetik is hiring consultants to prepare for a potential sale process, and the deal may begin within a few weeks; since the relevant information has not yet been disclosed, people familiar with the matter requested anonymity. People familiar with the matter added that no final decision has been made, and Kinetik can also choose to continue operating independently. On Wednesday in the New York market, Kinetik's share price fell 0.8% to close at $54.55, and the company's market value was about $8.9 billion. The stock has accumulated a cumulative increase of about 30% over the past year. Representatives from Kinetik and the Blackstone Group declined to comment. Affected by the conflict between Ukraine and Iran, commodity prices rose, and mergers and acquisitions in the oil and gas sector heated up. The company was promoted to the trading market in this context.