Kinetik Holdings Inc

Common Name
Kinetik Holdings
Country
United States
Sector
Energy
Industry
Oil & Gas Midstream
Employees
460
Ticker
KNTK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Kinetik Holdings Inc. is a premier midstream energy company, primarily focusing on the transportation and processing of natural gas and related resources. By leveraging a strategically positioned infr...

Kinetik Holdings's GHG Emissions Data Preview

In 2023, Kinetik Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Kinetik Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Kinetik Holdings’s Greenhouse Gas (GHG) Emissions Data

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a. Kinetik Holdings's ESG Report 2023
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Insights into Kinetik Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Kinetik Holdings amounted to 2,103,532 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Kinetik Holdings increased by 11.7%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Kinetik Holdings's Scope 1 Emissions Over Time

2021202220230550 k1.1 M1.65 M2.2 MtCO2e-3%+13%
  • Total Scope 1
  • Year-over-Year Change

What are Kinetik Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kinetik Holdings were 2,020,587 metric tons of CO₂ equivalent (tCO₂e). a

Has Kinetik Holdings reduced its Scope 1 emissions over time?

Since 2021, Kinetik Holdings's Scope 1 emissions have increased by 9.82%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Kinetik Holdings's Scope 1 emissions increased by 13.3%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Kinetik Holdings's Scope 2 emissions?

In 2023, Kinetik Holdings reported Scope 2 greenhouse gas (GHG) emissions of 82,945 tCO₂e without specifying the calculation method. a

Has Kinetik Holdings reduced its Scope 2 emissions over time?

Since 2021, Kinetik Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 20.47%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Kinetik Holdings's Scope 2 emissions (Unspecified Calculation Method) fell by 16.85% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Kinetik Holdings use for Scope 2 reporting?

In 2023, Kinetik Holdings reported its Scope 2 emissions using an unspecified methodology. a

Kinetik Holdings's Scope 2 Emissions Over Time

202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Kinetik Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Kinetik Holdings reported Scope 1 greenhouse gas (GHG) emissions of 2,020,587 tCO₂e and total revenues of USD 1,256 millions. This translates into an emissions intensity of 1,608.22 tCO₂e per millions USD. a

Kinetik Holdings's Scope 1 Emissions Intensity Compared to Peers

50,000200,0002,000,00010,000,000100,000,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)HAntero MidstreamYear: 2022Scope 1: 1,961,172 tCO2eRevenue: $M 991Scope 1 Intensity: 1,979.67 tCO2e/$MDT MidstreamYear: 2023Scope 1: 1,714,654 tCO2eRevenue: $M 922Scope 1 Intensity: 1,859.71 tCO2e/$MONEOKYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 17,677Scope 1 Intensity: 209.31 tCO2e/$MAlliance Resource PartnersYear: 2023Scope 1: 2,521,512 tCO2eRevenue: $M 2,567Scope 1 Intensity: 982.39 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MWilliams CompaniesYear: 2023Scope 1: 13,640,000 tCO2eRevenue: $M 10,907Scope 1 Intensity: 1,250.57 tCO2e/$MHHHess MidstreamYear: 2023Scope 1: 486,869 tCO2eRevenue: $M 1,346Scope 1 Intensity: 361.69 tCO2e/$MCheniere EnergyYear: 2023Scope 1: 9,730,770 tCO2eRevenue: $M 20,394Scope 1 Intensity: 477.14 tCO2e/$MNew Fortress EnergyYear: 2020Scope 1: 967,889 tCO2eRevenue: $M 452Scope 1 Intensity: 2,143.01 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2023Scope 1: 596,397 tCO2eRevenue: $M 1,159Scope 1 Intensity: 514.60 tCO2e/$MWestern Midstream PartnersYear: 2023Scope 1: 4,690,000 tCO2eRevenue: $M 3,106Scope 1 Intensity: 1,509.75 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MMurphy OilYear: 2023Scope 1: 1,083,362 tCO2eRevenue: $M 3,449Scope 1 Intensity: 314.12 tCO2e/$MNobleYear: 2023Scope 1: 858,065 tCO2eRevenue: $M 2,589Scope 1 Intensity: 331.42 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MMPLXYear: 2023Scope 1: 5,400,000 tCO2eRevenue: $M 10,434Scope 1 Intensity: 517.54 tCO2e/$MTarga ResourcesYear: 2022Scope 1: 8,406,000 tCO2eRevenue: $M 20,930Scope 1 Intensity: 401.63 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$MPlains GP HoldingsYear: 2023Scope 1: 832,000 tCO2eRevenue: $M 48,712Scope 1 Intensity: 17.08 tCO2e/$MMatador ResourcesYear: 2023Scope 1: 1,051,432 tCO2eRevenue: $M 2,818Scope 1 Intensity: 373.16 tCO2e/$MEnergy TransferYear: 2020Scope 1: 12,158,505 tCO2eRevenue: $M 38,954Scope 1 Intensity: 312.12 tCO2e/$MKinetik HoldingsYear: 2023Scope 1: 2,020,587 tCO2eRevenue: $M 1,256Scope 1 Intensity: 1,608.22 tCO2e/$M

How does Kinetik Holdings's GHG emissions intensity compare to its peers?

In 2023, Kinetik Holdings reported a Scope 1 emissions intensity of 1,608.22 tCO₂e per millions USD. Compared to the peer group median of 495.87, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Kinetik Holdings rank on GHG emissions intensity within its industry?

In 2023, Kinetik Holdings ranked 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Kinetik Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a

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