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Latham & Watkins Represents the Underwriters in Kinetik’s Secondary Offering of Common Stock

March 27, 2024
Firm advises on the midstream operator’s US$384 million secondary offering.

Kinetik Holdings Inc. (NYSE: KNTK) (Kinetik) announced an underwritten secondary offering of shares of its Class A common stock by Apache Midstream LLC, a subsidiary of Apache Corporation, at a price of US$33.75 per share.

Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by Houston partner Ryan Maierson, with associates Om Pandya, Sydney Verner, and Jeffrey Romano. Advice was also provided on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Brandon Kerns; and on tax matters by Houston partner Tim Fenn, with associates Christine Mainguy and Dominick Constantino.