Kinetik Holdings Inc. (NYSE:KNTK) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Madeleine Wagner - Investor Relations Jamie Welch - President & Chief Executive Officer Trevor Howard - Chief Financial Officer Kris Kindrick - Senior Vice President, Commercial Conference Call Participants Michael Blum - Wells Fargo Jeremy Tonet - JP Morgan Tristan Richardson - Scotiabank Spiro Dounis - Citi. Keith Stanley - Wolfe Research Theresa Chen - Barclays Neel Mitra - Bank of America Ja ...

INETIK Kinetik Reports Second Quarter 2024 Financial and Operating Results • Generated second quarter net income of $108.9 million, representing a 52% increase year-over-year, and Adjusted EBITDA of $234.4 million, a 13% increase in Adjusted EBITDA year-over-year 1 1 1 2 • Revised 2024 Adjusted EBITDA Guidance of $940 million to $980 million and 2024 Capital Expenditures Guidance of $260 million to $300 million ("2024 Guidance") • Completed acquisition of Durango Permian, LLC ("Durango") at the end of June ...

Monty Rakusen Thesis Kinetik Holdings (NYSE:KNTK) is a natural gas focused midstream company that operates in the Delaware basin of the Permian. The company recently announced Q1 earnings results, as well as a strategic acquisition of Durango Midstream to bolster its footprint in the Delaware Basin. Q1 earnings were reported at a 12% increase over Q4 2023 as a result of two new pipeline assets entering service. This earnings momentum is positioned to continue through 2026 through the roll up of Durango, the ...

These transactions solidify Kinetik's position in New Mexico and consolidate its value proposition as a pure- play midstream company within the Delaware Basin. U.S.-based Kinetik Holdings Inc. (KNTK) has announced a series of transactions aimed at expanding its operations in New Mexico and increasing its presence across the North Delaware Basin. Acquisition of Durango Permian LLC Kinetik has entered into an agreement to acquire Durango Permian LLC, expanding its footprint in Eddy and Lea Counties, New Mexic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-38048 KINETIK HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdic ...

Kinetik Holdings Inc. (NYSE:KNTK) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Alex Durkee - Investor Relations Jamie Welch - President & Chief Executive Officer Trevor Howard - Chief Financial Officer Kris Kindrick - Senior Vice President, Commercial Conference Call Participants Michael Blum - Wells Fargo Spiro Dounis - Citi Tristan Richardson - Scotiabank Keith Stanley - Wolfe Research John Mackay - Goldman Sachs Neel Mitra - Bank of America Operator Good morning, and thank ...

KINETIK Forward looking statements This presentation contains projections for Kinetik, including with respect to Kinetik's adjusted EBITDA, capital expenditures, leverage, and processed gas volumes. Kinetik's independent auditors have not audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, have not expressed an opinion or provided any other form of assurance with respect thereto for the purpose of t ...

HOUSTON and MIDLAND, Texas, May 8, 2024 – Kinetik Holdings Inc. (NYSE: KNTK) ("Kinetik" or the "Company") today reported financial results for the quarter ended March 31, 2024. First Quarter 2024 Results and Commentary For the three months ended March 31, 2024, Kinetik processed natural gas volumes of 1.53 Bcf/d and reported net income of $35.4 million. Kinetik generated Adjusted EBITDA of $233.6 million, Distributable Cash Flow of $154.5 million, and Free Cash Flow of $107.5 million for the three months en ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Kinetik Holdings Inc. (KNTK) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 8, 2024, might help the stock move higher if these key numbers are better tha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 001-38048 KINETIK HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...