Current KKR Stock Info

By Tyler Losier
Partnership seeks to acquire assets
Investment firm KKR (stock ticker: KKR) is partnering with Western Natural Resources, with the intention of acquiring and producing undeveloped assets in the Williston Basin. This move is closely aligned with KKR’s Energy Real Assets strategy, which has grown to make up around $4 billion of its investment portfolio since the program’s incarnation in 2015.

So far, Energy Real Assets has invested in around a dozen or so different transactions involving both conventional and unconventional assets throughout the United States, focusing mainly on moderate and low risk plays.

Western’s previous operating experience in the Williston Basin is one of the main attributes that attracted KKR t...

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