Access comprehensive financial analyses and make smarter investments - get the Manual of Investments on Amazon!

Kinetik Announces Retirement of Chief Strategy Officer

Kinetik Holdings Inc. (NYSE: KNTK) announced the upcoming retirement of Anne Psencik, the Chief Strategy Officer, effective June 30, 2025. Psencik, with over 35 years of experience in the oil and gas industry, has been in the role since 2019.

During her tenure, Psencik managed risk and provided trusted advisory services on numerous commercial and investment opportunities across the business. Following her retirement, she will continue to support the company as a consultant.

Kinetik's President & CEO, Jamie Welch, expressed gratitude for Psencik's significant contributions to the company's long-term growth strategy, acknowledging her as a valuable leader who brought expertise to the leadership team.

Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin, providing comprehensive gathering, transportation, compression, processing, and treating services for natural gas, natural gas liquids, crude oil, and water. The market has reacted to these announcements by moving the company's shares 1.1% to a price of $41.56. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS