Bracewell Represents Apache Midstream LLC in Secondary Offering of Kinetik Holding Inc. Common Stock

HOUSTON – Bracewell LLP represented Apache Midstream LLC, the selling stockholder, in the underwritten public offering of 7,475,000 shares of Kinetik Holdings Inc.’s (NYSE: KNTK) Class A common stock, which includes the exercise in full by the underwriters of their option to purchase additional shares in the offering. The shares were sold at a public offering price of $31.50 per share, for gross proceeds of over $235 million.

The offering launched and priced on December 11, 2023, and closed on December 14, 2023. The active joint book-running managers for the offering were J.P. Morgan, Barclays, RBC Capital Markets and TD Securities.

Bracewell lawyers involved in the offering included:

Partners: Troy L. Harder and Will Anderson

Associates: Shannon Baldwin and Gabbie Hindera