Management

Mr. Welch has served as the Chief Executive Officer, President and as a member of the Board of Directors since February 2022. Prior to February 2022, he served as President, Chief Executive Officer and Chief Financial Officer of BCP Raptor Holdco GP, LLC, the general partner of BCP, a position he held since May 2021. From April 2019, he was President and CEO and before then was President and CFO. Prior to February 2022, he served as director of BCP Raptor Holdco GP, LLC since June 2017. Mr. Welch has served as a Senior Advisor to Blackstone Energy Partners since July 2016. Prior to joining Blackstone and BCP Raptor Holdco GP, LLC, he was the Group Chief Financial Officer and Head of Business Development for the Energy Transfer Equity, L.P. family from June 2013 to February 2016. Mr. Welch also served on the Board of Directors of Energy Transfer Equity, L.P., Energy Transfer Partners and Sunoco Logistics. Before joining Energy Transfer Equity, L.P., Mr. Welch was Head of the EMEA Investment Banking Department and Head of the Global Energy Group at Credit Suisse. He was also a member of the Investment Banking Division Global Management Committee and the EMEA Operating Committee. Mr. Welch joined Credit Suisse First Boston in 1997 from Lehman Brothers Inc. in New York, where he was a Senior Vice President in the global utilities and project finance group. Prior to that he was an attorney in New York with Milbank, Tweed, Hadley & McCloy and a barrister and solicitor with Minter Ellison in Melbourne, Australia. Mr. Welch received a Bachelors of Law and a Diploma of Legal Practice from Queensland University of Technology.

Mr. Wall has served as our Chief Operating Officer since the closing of the merger between EagleClaw Midstream and Altus Midstream. He joined BCP GP in July 2017 as Vice President, Operations and was appointed Chief Operating Officer in May 2019. His industry experience has focused on midstream gas gathering/processing design and commissioning, as well as on operational support engineering. He is responsible for the safe, reliable and efficient operation of BCP GP’s measurement, gathering and processing facilities. Prior to joining BCP GP, Mr. Wall served as Manager of Engineering at Aka Energy Group LLC from April 2014 to June 2017.. Prior to Aka Energy, Mr. Wall was a Sr. Process Engineer at BCCK Engineering, responsible for process design and commissioning for company’s EPC projects. His career in midstream began as a Project Engineer at Southern Union Gas Services, where he performed design engineering and project management for expansion and operational projects. He also worked closely with commercial gas supply to provide various engineering evaluations for system expansions. Mr. Wall received a B.S. in Chemical Engineering from Texas Tech University.

Mr. Stellato has served as our Executive Vice President, Chief Administrative Officer and Chief Accounting Officer since the closing of the merger between EagleClaw Midstream and Altus Midstream. Prior to the closing of the merger between EagleClaw Midstream and Altus Midstream, Mr. Stellato served as Executive Vice President, Chief Administrative Officer and Chief Accounting Officer of BCP GP, a. In this capacity, he oversees numerous functions including our Accounting, Tax and Insurance/Risk Management functions. He has significant experience leading teams in accounting, finance, treasury, tax and mergers and acquisitions. Prior to joining BCP GP, Mr. Stellato served as Vice President and Chief Accounting Officer of CST Brands and CrossAmerica Partners from June 2015 to June 2017. He also served as Vice President and Controller of Energy Transfer Partners, LP for six years. Prior to joining Energy Transfer, he was a Senior Manager with the public accounting firm KPMG LLP, where he focused on clients in the energy industry. Mr. Stellato is a Certified Public Accountant and holds the CGMA designation, as well as a B.B.A. in Accounting from the University of Texas at San Antonio.

Ms. Ellis has served as the General Counsel, Chief Compliance Officer, and Corporate Secretary of Kinetik Holdings Inc. since February 2025. Ms. Ellis previously served as the Deputy General Counsel and Corporate Secretary from 2022 until February 2025 and as the Associate General Counsel at BCP Raptor Holdco GP, LLC, the general partner of BCP, from 2019 until 2021. From 2021 until 2022, Ms. Ellis served as the General Counsel and Secretary of Archaea Energy Inc. and as a consultant thereafter. From 2018 to 2019, Ms. Ellis practiced corporate law at Gibson, Dunn & Crutcher LLP representing public and private companies in capital markets offerings and mergers and acquisitions. Prior to joining Gibson Dunn, Ms. Ellis served as the Associate General Counsel at Rice Energy Inc. and Rice Midstream Partners LP from 2015 until Rice Energy Inc.’s merger with EQT Corporation in 2017. From 2012 through 2015, Ms. Ellis practiced corporate law at Vinson & Elkins LLP serving public and private companies, primarily in the oil and natural gas industry. Ms. Ellis received a BA in Political Science and Communication Studies from Southwestern University and a Doctor of Jurisprudence from the University of Houston Law Center.

Ms. Psencik has served as our Chief Strategy Officer since the closing of the merger between EagleClaw Midstream and Altus Midstream. Prior to the closing of the merger between EagleClaw Midstream and Altus Midstream, she served as the Chief Strategy Officer of BCP GP, a position she has held since July 2019. With over 30 years of experience in the oil and gas industry, Ms. Psencik has a proven track record of management and leadership in midstream business development, trading, and engineering and construction. Prior to joining BCP GP, Ms. Psencik ran her own consulting business from May 2016 to July 2019 providing strategic development on midstream projects for Crestwood Equity Partners, Momentum Midstream and BCP GP with primary focus in the Permian Basin.. Prior to her role as owner in Psencik Consulting, she started the Marketing and Midstream business at AEP-LP in Oklahoma City, where she negotiated over $3 billion in non-operated equity interest in midstream assets for AEP-LP. These midstream assets are currently known as Traverse Midstream. She also was a part of the executive team at TEJAS NGL, LLC, which negotiated the original conveyance of Shell midstream assets to Enterprise Products, LP. She has held positions as SVP Midstream Business Development for Continuum Energy, LLC, Director of Midstream and Marketing for AEP-LP, Manager of Business Development for Harvest Pipeline, VP Commercial Development for Buckeye Pipeline Partners, VP of Gulf Coast Trading for Aquila, VP of Risk Management Natural Gas for Enterprise Products, LP, and VP of Marketing and Trading for TEJAS NGL, LLC. Anne graduated from The University of Texas at Austin (1986) with a B.S. in Petroleum Engineering. Early in her career, Anne served as a Field Supervisor for Schlumberger in well logging, cementing and stimulation work, as well as designing and constructing pipelines at ConocoPhillips.

Mr. Howard serves as Senior Vice President and Chief Financial Officer of Kinetik, where he oversees corporate financial planning and analysis, financing execution, and corporate development.  Mr. Howard served as the Vice President of Finance from 2020 to July 2023, where he was responsible for developing and directing the Company’s analytical and financial plans, research and underwriting, and structuring of investment opportunities at Kinetik. Prior to joining Kinetik, Mr. Howard was an Investment Professional at Glenview Capital Management’s long/short equities group and a Senior Associate at Blackstone’s private equity group, where he was responsible for the structuring, monitoring, and exiting of investments throughout North America. Prior to joining Blackstone, he was an Analyst at Barclays in their Investment Banking Global Natural Resources group. He holds a Masters in Professional Accounting and Bachelors of Business Administration in Accounting from the University of Texas at Austin’s McCombs School of Business.

Mr. Kindrick joined Kinetik in July 2018 and is responsible for leading our natural gas origination, execution and optimization in support of Kinetik’s underlying commercial growth strategy. Prior to joining Kinetik, he served in a variety of commercial and business development roles for Energy Transfer in the interstate gas pipeline and midstream groups. Mr. Kindrick holds a BBA in Finance from Texas A&M University and a MBA from Rice University. He also serves on the Board of Trustees for The Monarch School and Institute, a non-profit school in Houston dedicated to serving children and young adults with neurological differences.

Mr. Milam joined the Kinetik team in August 2012. He is responsible for leading Kinetik’s crude and water segments and opportunities to facilitate the Company’s role in the energy transition. Mr. Milam received a Bachelor of Science degree in civil engineering from Texas Tech University and a Master of Business Administration from the University of Texas – Permian Basin. He is a Registered Professional Engineer in Texas and is a past president of the Natural Gas Society of the Permian Basin, past vice president of the Permian Basin chapter of the Texas Society of Professional Engineers and serves as a current Board member of the Bynum School of Midland.