About KINETIK
KINETIK is a company based in Houston (United States) founded in 2016. It operates as a Managed Services. KINETIK offers products and services including Midstream Services. KINETIK operates in a competitive market with competitors including Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others.
- Headquarter Houston, United States
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Kinetik Holdings Inc.
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Annual Revenue
$160.62 M8as on Dec 31, 2021
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Net Profit
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EBITDA
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Latest Funding Round
$625 M (USD), Post-IPO
May 13, 2019
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Investors
Apollo Global Management
& 2 more
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Employee Count
Employee Count
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Products & Services of KINETIK
KINETIK offers a comprehensive portfolio of products and services, including Midstream Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Midstream services are provided for energy infrastructure solutions.
Funding Insights of KINETIK
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $625.0M
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First Round
First Round
(13 May 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Post-IPO - KINETIK | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in KINETIK
KINETIK has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Apollo Global Management, Magnetar Capital and FS Energy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Magnetar Capital is engaged in alternative asset management.
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Founded Year | Domain | Location | |
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Buyouts are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by KINETIK
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KINETIK
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kinetik Comparisons
Competitors of KINETIK
KINETIK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shell, Dominion Energy, Eni Next, Gazprom and Suncor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Shell is recognized as a global energy and petrochemical company.
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| domain | founded_year | HQ Location |
Energy production and transportation are conducted by Dominion Energy.
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| domain | founded_year | HQ Location |
Provider of exploration, production, and distribution services of oil & gas
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| domain | founded_year | HQ Location |
Gazprom is engaged in the exploration, production, and distribution of natural gas.
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| domain | founded_year | HQ Location |
Oil sands development, exploration, production, and refining are conducted.
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| domain | founded_year | HQ Location |
Electricity and natural gas distribution services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kinetik
Frequently Asked Questions about KINETIK
When was KINETIK founded?
KINETIK was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is KINETIK located?
KINETIK is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
What is the annual revenue of KINETIK?
Annual revenue of KINETIK is $160.62M as on Dec 31, 2021.
What does KINETIK do?
KINETIK is established through the merger of EagleClaw Midstream and Altus Midstream. The company is recognized as the largest publicly traded, fully-integrated midstream entity in the Delaware Basin. Operations are focused on energy infrastructure solutions within the oil and gas sector.
Who are the top competitors of KINETIK?
KINETIK's top competitors include Dominion Energy, Shell and Uniper.
What products or services does KINETIK offer?
KINETIK offers Midstream Services.
Who are KINETIK's investors?
KINETIK has 3 investors. Key investors include Apollo Global Management, Magnetar Capital, and FS Energy.