Kinetik Holdings Acquires Durango Permian from Morgan Stanley Energy Partners

Kinder Morgan Acquires Kinetrex Energy

July 16, 2021

Renewable Energy

Kinder Morgan, Inc. agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million. The acquisition brings Kinetrex's LNG fueling business and growing renewable natural gas (RNG) platform — including a 50% interest in a major Indiana RNG facility and three additional landfill RNG projects under development — into Kinder Morgan's Energy Transition Ventures to expand its RNG capabilities.

Kimbell Royalty Partners Acquires Permian Basin Mineral and Royalty Interests from Hatch Resources for $290M

October 1, 2022

Oil & Gas

Kimbell Royalty Partners (NYSE: KRP) agreed to acquire mineral and royalty interests from Austin-based Hatch Royalty LLC (Hatch Resources) in a cash-and-unit transaction valued at approximately $290 million ($150M cash and ~7.3M Kimbell units valued at $140M). The acquired Permian Basin assets (primarily Texas Delaware Basin) are estimated to produce ~2,072 Boe/d as of Oct 1, 2022 (projected ~2,522 Boe/d for 2023); the deal was approved by both parties and expected to close in Q4 2022.

Enterprise Products Partners Acquires Piñon Midstream for $950M

August 21, 2024

Energy

Enterprise Products Partners L.P. completed the acquisition of Piñon Midstream, LLC, a Black Bay Energy Capital portfolio company, for $950 million in cash. Piñon provides sour natural gas gathering and treating services (including acid gas injection and carbon sequestration) in the eastern flank of the Delaware Basin, and the deal expands Enterprise's footprint and capabilities in that region.

Energy Transfer Acquires WTG Midstream for $3.25 Billion

May 28, 2024

Oil & Gas

Energy Transfer LP agreed to acquire WTG Midstream Holdings LLC in a transaction valued at approximately $3.25 billion, comprising $2.45 billion in cash and ~50.8 million newly issued Energy Transfer common units. The deal, from affiliates of Stonepeak, the Davis Estate and Diamondback Energy, adds WTG's Permian-focused midstream assets — including a 6,000-mile pipeline network, eight processing plants (≈1.3 Bcf/d) and a 20% interest in the BANGL NGL pipeline — to Energy Transfer's footprint to enhance its gas/NGL supply, processing and downstream capabilities.

Integral Consulting Acquires Kinnetic Environmental

April 2, 2025

Environmental Services

Boulder-based Integral Consulting Inc. has acquired Kinnetic Environmental, Inc., a Los Alamitos, California firm specializing in water and sediment quality studies, dredged materials investigations, and related permitting and monitoring services. The deal brings KEI’s marine and freshwater expertise into Integral’s science and engineering platform to expand water and sediment quality assessment and monitoring capabilities for government and industry clients.

Stone Canyon Industries Holdings Acquires Kissner Group Holdings

February 3, 2020

Manufacturing

Stone Canyon Industries Holdings LLC agreed to acquire Kissner Group Holdings LP, a leading North American producer and supplier of rock, specialty and evaporated salt. Sellers included Metalmark Capital Holdings LLC and Silvertree-KMC II LP; terms were not disclosed in the initial announcement and the deal subsequently closed at approximately $2.0 billion.