Investment Manager Adds New Position Valued at Nearly $100 Million, According to Latest SEC Filing

1 hour ago 2

Jake Lerch, The Motley Fool

Mon, March 23, 2026 astatine 11:22 AM CDT 4 min read

Kinetik Holdings(NYSE:KNTK)delivers midstream infrastructure and services to lipid and state producers successful the Texas Delaware Basin.

Zimmer Partners, LP disclosed a caller involvement successful Kinetik Holdings successful a February 17, 2026, SEC filing, acquiring 2,735,400 shares successful the 4th quarter. The estimated transaction worth is $98.61 million, based connected quarterly mean pricing.

According to a recent SEC filing dated February 17, 2026, Zimmer Partners, LP reported acquiring 2,735,400 shares of Kinetik Holdings during the 4th quarter. The estimated transaction worth was $98.61 million, based connected the quarter's mean stock price. The quarter-end presumption worth besides accrued by $98.61 million, reflecting some stock purchases and immoderate terms question during the reporting period.

This was a caller presumption for Zimmer Partners, LP, representing 2.6% of its $3.80 cardinal successful 13F reportable AUM arsenic of Dec. 31, 2025.

Top holdings aft the filing:

NYSE:ES: $258.82 cardinal (6.8% of AUM)
NYSE:WELL: $207.28 cardinal (5.5% of AUM)
NASDAQ:XEL: $202.33 cardinal (5.3% of AUM)
NYSE:NI: $161.62 cardinal (4.3% of AUM)
NYSE:KGS: $159.76 cardinal (4.2% of AUM)

Metric

Value

Price (as of marketplace adjacent 3/20/26)	$45.93
Market Capitalization	$2.97 billion
Revenue (TTM)	$1.74 billion
Dividend Yield	7.07%

Provides midstream services including gathering, transportation, compression, processing, and treating of earthy gas, earthy state liquids, crude oil, and water.
Operates midstream infrastructure successful the Texas Delaware Basin, providing services to companies that nutrient earthy gas, earthy state liquids, crude oil, and water.
Provides services to companies that nutrient earthy gas, earthy state liquids, crude oil, and h2o successful the Texas Delaware Basin.

Kinetik Holdings is simply a starring midstream vigor institution with a important beingness successful the Texas Delaware Basin, serving arsenic a captious infrastructure supplier for the region's lipid and state producers. The institution leverages its integrated plus basal and semipermanent lawsuit contracts to support unchangeable currency flows and a competitory dividend yield. Its strategical absorption connected indispensable midstream services positions it arsenic a cardinal spouse for upstream operators seeking reliable proscription and processing solutions.

Zimmer Partners, a New York-based concern firm, precocious disclosed a fourth-quarter (the 3 months ending connected Dec. 31, 2025) acquisition of astir $99 cardinal worthy of Kinetik Holdings, an vigor stock. Here are immoderate cardinal takeaways for investors.

Read Entire Article