Other Events ·
Kinetik subsidiary resolves NGL purchase agreement dispute with Energy Transfer, confirming term ends Dec 31, 2026
KNTKKinetik Holdings Inc.
EagleClaw Midstream Ventures, a Kinetik Holdings subsidiary, and Energy Transfer GC NGL Product Services agreed to settle a previously disclosed dispute regarding the expiration of an NGL purchase agreement. The parties confirmed that the last day of the term for this agreement is December 31, 2026. This settlement resolves one of two agreements with Energy Transfer subject to ongoing litigation, which awaits adjudication. Kinetik Holdings Inc. operates in the midstream energy sector, providing natural gas liquids (NGL) infrastructure and services.