SC 13G: Kinetik Holdings Inc.

AI Summary

SC 13G filing by Kinetik Holdings Inc..

Risk Assessment

Risk Level: low

Key Financial Figures

• $0.0001 — (Name of Issuer) Class A Common Stock, $0.0001 par value per share (Title of Class o

Filing Documents

• ef20032131_sc13g.htm (SC 13G) — 180KB
• ef20032131_ex99-1.htm (EX-99.1) — 14KB
• ef20032131_ex99-2.htm (EX-99.2) — 3KB
• 0001140361-24-032505.txt ( ) — 200KB

(a)

Item 1(a). Name of Issuer: Kinetik Holdings Inc. (the "Issuer")

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: 2700 Post Oak Blvd, Suite 300, Houston, TX 77056

(a)

Item 2(a). Name of Person Filing: This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) Morgan Stanley; ii) MS Capital Partners Adviser Inc. ("MS Capital"); iii) MS Energy Partners GP LP ("MS Energy"); iv) Durango Investment Holdings LLC ("Durango Holdings"); and v) Durango Midstream LLC ("Durango Midstream"). This Statement relates to shares of Class A Common Stock (as defined herein) that Durango Midstream has the right to acquire within 60 days upon redemption of 3,840,246 Paired Interests on a one-for-one basis. The Paired Interests reported herein are held directly by Durango Midstream, a wholly-owned subsidiary of Durango Holdings. Durango Holdings is ultimately owned by various investment vehicles that are managed by MS Capital and for which MS Energy serves as general partner. Morgan Stanley is the ultimate parent of MS Capital.

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of each of Morgan Stanley, MS Capital, and MS Energy is 1585 Broadway, New York, NY 10036. The address of the principal business office of Durango Holdings and Durango Midstream is 10077 Grogan's Mill Road, Suite 300, The Woodlands, TX 77380.

(c)

Item 2(c). Citizenship: i) Morgan Stanley is a Delaware corporation; ii) MS Capital is a Delaware corporation; iii) MS Energy is a Cayman Islands limited partnership; iv) Durango Holdings is a Delaware limited liability company; and v) Durango Midstream is a Colorado limited liability company.

(d)

Item 2(d). Title of Class of Securities: Class A common stock, $0.0001 par value per share (the "Class A Common Stock")

(e)

Item 2(e). CUSIP Number: 02215L209 Item 3. If This Statement is Filed Pursuant to 240.13d-1(b) or 240.13d-2(b) or (c),Check Whether the Person Filing is a: This Item 3 is not applicable. CUSIP No. 02215L209 SCHEDULE 13G Page 8 of 12 Pages Item 4.

(a)

Item 4(a) Amount Beneficially Owned: See the responses to Item 9 on the attached cover pages.

(b)

Item 4(b) Percent of Class: See the responses to Item 11 on the attached cover pages.

(c)

Item 4(c) Number of Shares as to which such person has: (i) Sole power to vote or direct the vote: See the responses to Item 5 on the attached cover pages (ii) Shared power to vote or direct the vote: See the responses to Item 6 on the attached cover pages (iii) Sole power to dispose or direct the disposition of: See the responses to Item 7 on the attached cover pages (iv) Shared power to dispose or direct the disposition of: See the responses to Item 8 on the attached cover pages Item 5. This Item 5 is not applicable. Item 6. This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: See Exhibit 99.2. Item 8. Identification and Classification of Members of the Group: This Item 8 is not applicable. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: By signing below the undersigned certify that, to the best of their knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. CUSIP No. 02215L209 SCHEDULE 13G Page 9 of 12 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. Morgan Stanley By: /s/ Mustufa Salehbhai Name: Mustufa Salehbhai Title: Authorized Signatory MS Capital Partners Adviser Inc. By: /s/ David Cook Name: David Cook Title: Vice President MS Energy Partners GP LP By: MS Energy Partners GP Inc., its general partner By: /s/ David Cook Name

Information

Item 7 Information 12

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