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 ...

Kinetik Reports First Quarter 2024 Financial and Operating Results • Generated first quarter net income of $35.4 million, representing a 724% increase year-over-year, and Adjusted EBITDA1 of $233.6 million, representing a 25% increase year-over-year • Achieved quarterly gas processed volumes of 1.53 Bcf/d, up 13% year-over-year and down less than 1% sequentially from impacts of planned maintenance, winter weather, and lower Alpine High volumes due to natural gas prices at Waha hub • Completed Kinetik’s syst ...

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 ...

Kinetik Holdings Inc. (NYSE:KNTK) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET Company Participants Maddie Wagner - Head of Investor Relations Jamie Welch - President and Chief Executive Officer Trevor Howard - Chief Financial Officer Matt Wall - Chief Operating Officer Kris Kindrick - Senior Vice President, Commercial Conference Call Participants Spiro Dounis - Citigroup Inc. Tristan Richardson - Scotiabank Neel Mitra - Bank of America Keith Stanley - Wolfe Research, LLC Jeremy Tonet - JPM ...

KINETIK Forward looking statements This presentation contains projections for Kinetik, including with respect to Kinetik's adjusted EBITDA, capital expenditures, net debt, 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 pu ...

https://reportify- 1252068037.cos.ap- b iji l d / di / d ti Kinetik Reports Fourth Quarter and Full Year 2023 Financial and Operating Results and Provides 2024 Guidance HOUSTON and MIDLAND, Texas, February 28, 2024 – Kinetik Holdings Inc. (NYSE: KNTK) ("Kinetik" or the "Company") today reported financial results for the quarter and year ended December 31, 2023. 2023 Results and Commentary For the three and twelve months ended December 31, 2023, Kinetik processed natural gas volumes of 1.54 Bcf/d and 1.45 Bc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q KINETIK HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 81-4675947 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...

Financial Data and Key Metrics - Average gas processing volumes reached 1.49 billion cubic feet per day, representing a 23% year-over-year growth [6] - Adjusted EBITDA increased by 4% quarter-over-quarter, in line with forecasts and street expectations [9] - The company updated its 2023 adjusted EBITDA guidance range to $820 million to $860 million, with a midpoint implying a fourth-quarter annualized EBITDA exit rate over $900 million [10] - Free cash flow was positive in the past quarter, and the company expects a significant increase in free cash flow in 2024, driven by adjusted EBITDA growth and capital expenditures of less than $150 million [11] Business Line Data and Key Metrics - Midstream Logistics segment generated $140 million in adjusted EBITDA, up 2% sequentially [16] - Pipeline Transportation segment generated $79 million in adjusted EBITDA, up 5% quarter-over-quarter, driven by lower realized costs at PHP and higher margins at Epic Crude [24] - Midstream Logistics CapEx is tracking towards the midpoint of the range of $235 million to $265 million, while Pipeline Transportation CapEx is tracking above the guidance range of $255 million to $275 million due to cost increases related to PHP [26][27] Market Data and Key Metrics - Permian production is expected to grow to 30 billion cubic feet per day by 2030, representing a 4% annual growth rate from today [20] - The Corpus Christi market is expected to grow from 6.5 to 10 billion cubic feet per day, driven by NGL capacity expansions and pipeline export growth [40] - The company sees a structurally short gas market in Corpus Christi, with potential for further pipeline expansions along the Texas-Louisiana state line [42] Company Strategy and Industry Competition - The company is focused on expanding its gathering footprint in the Delaware Basin, with significant progress on projects like Delaware Link and PHP expansion [19][22] - The company is actively pursuing gathering and processing opportunities in New Mexico and Texas, with updates expected as these opportunities develop [14] - The company sees no compelling reason for significant additional NGL investment in its Pipeline Transportation segment and is working on monetizing its stake in GCX [15] Management Commentary on Operating Environment and Future Outlook - The company remains confident in achieving its exit rate guidance of 1.6 billion cubic feet per day by year-end [8] - Management expects sequential adjusted EBITDA growth in the fourth quarter, driven by the Midstream Logistics segment [9] - The company anticipates a significant increase in free cash flow in 2024, supported by adjusted EBITDA growth and reduced capital expenditures [11] Other Important Information - The company declared a $0.75 per share quarterly dividend, with the Board maintaining the reinvestment level of Blackstone, I Squared, Apache, and management’s applicable third-quarter dividends at 100% [29] - Year-to-date, the company has repurchased approximately 194,000 shares for $5.8 million, leaving $94 million of remaining authorized capacity for opportunistic share repurchases [30] Q&A Session Summary Question: Progress on GCX monetization - The company is actively working on monetizing its stake in GCX and remains confident in a positive conclusion, though timing remains uncertain [32][33] Question: NGL takeaway options and flexibility - The company has multiple NGL takeaway options, including Brandywine and TNF contracts, with flexibility to choose among lines based on market conditions [37] Question: Corpus Christi market outlook - The Corpus Christi market is expected to grow significantly, with the company viewing it as structurally short gas, warranting further investment [40][42] Question: Volume trajectory and growth in 2024 - The company expects continued growth in volumes, with a significant step-up expected when New Mexico contracts kick in April 2024 [74][102] Question: Industry consolidation and Kinetik’s role - The company views itself as a smaller player in the midstream industry, focusing on organic growth and value creation rather than large-scale acquisitions [75][76] Question: GCX sale process and dividend reinvestment plan (DRIP) - The DRIP will end with the February 2024 dividend payment, regardless of the GCX sale outcome [96] Question: Capital recycling and portfolio review - The company is not actively working on any other capital recycling initiatives beyond GCX but remains open to opportunities that create value for stakeholders [103]

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 June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 81-4675947 2700 Post Oak Blvd, Suite 300 Houston, Texas, 77056 (Address of principal executive offices) (Zip Code) (713) 621-7330 (Registrant's telephone number, including area code ...