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

Kinetik Holdings Chief Strategy Officer to Retire

Kinetik Holdings Inc. (NYSE: KNTK) has announced the retirement of Anne Psencik, Chief Strategy Officer, effective June 30, 2025. Ms. Psencik, who has served in this role since 2019, will continue her current responsibilities until her retirement and subsequently support the company as a consultant. Jamie Welch, Kinetik’s President & Chief Executive Officer, expressed gratitude for Ms. Psencik's significant contributions to the company's long-term growth strategy.

Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. The company provides comprehensive gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water.

Ms. Psencik, with over 35 years of experience in the oil and gas industry, has a proven track record of management and leadership in midstream business development, trading, and engineering and construction.

The press release does not include any financial metrics or performance indicators. Today the company's shares have moved -3.2% to a price of $40.23. Check out the company's full 8-K submission 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