Operations and Infrastructure - The company has approximately 2.0 Bcf/d cryogenic natural gas processing capacity, making it the second largest natural gas processor in the Delaware Basin[24]. - The company operates approximately 1,500 miles of low and high-pressure steel pipeline throughout the Southern Delaware Basin[27]. - The company expects to expand the Diamond Cryogenic complex to 720 MMcf/d by the end of Q2 2023[27]. - The company has 90,000 barrels of crude storage capacity at its crude gathering facilities[28]. - The water gathering and disposal system includes approximately 80 miles of gathering pipeline and has a permitted disposal capacity of approximately 490,000 barrels per day[29]. - The company has interests in four long-term contracted pipelines transporting natural gas, NGLs, and crude oil from the Permian Basin to the Gulf Coast[24]. - The Company owns a 53.3% equity interest in the Permian Highway Pipeline (PHP), which has a total capacity of 2.1 Bcf/d, fully subscribed under long-term contracts[31]. - PHP is undergoing an expansion project to increase its capacity to 2.65 Bcf/d, with a target in-service date in November 2023, and the Company will bear approximately 67% of the funding[31][36]. - The Company owns a 16% equity interest in the Gulf Coast Express Pipeline (GCX), which has a total capacity of 2.0 Bcf/d, fully subscribed under long-term contracts[32]. - The Company has a 33% equity interest in the Shin Oak NGL Pipeline, which has a total capacity of up to 550 MBbl/d[33]. - The Company owns a 15% equity interest in the EPIC Crude Oil Pipeline, which has an initial throughput capacity of approximately 600 MBbl/d[34]. - The Company acquired full ownership and operatorship of approximately 30 miles of the Brandywine NGL Pipeline, which has a capacity of 225 MBbl/d[30]. - The Delaware Link Pipeline is currently under construction and is expected to have a capacity of 1.0 Bcf/d upon completion in Q4 2023[36]. Corporate Structure and Governance - Following the business combination on February 22, 2022, members of Contributor held approximately 75% of the issued and outstanding Common Stock[20]. - The company completed a stock split in the form of a stock dividend on June 8, 2022[21]. - As of December 31, 2022, the Company employed approximately 300 people, with no employees covered by collective bargaining agreements[40]. - As of December 31, 2022, entities controlled by Blackstone own approximately 49.8% of the Company's outstanding Common Stock, potentially leading to a controlled company status[124]. - Future sales of Class A Common Stock by major stockholders may depress the market price of the Company's shares[125]. Environmental and Safety Goals - The company aims to increase the percentage of women in its senior leadership team from 7% to 20% by 2026, exceeding the industry average of 17%[43]. - The Company has set safety targets for 2023, aiming for a Total Recordable Incident Rate of less than 1.75 and a Motor Vehicle Incident Rate of less than 1.50[42]. - The company aims for a 35% reduction in GHG emissions intensity ratio from 2021 baseline levels by 2030[65]. - The company has committed to a 30% reduction in methane emissions intensity from 2021 baseline levels by 2030[65]. - 100% of the company's total debt capital and commitments, representing over $4.0 billion, is tied to achieving specific sustainability performance goals[65]. - The company is a member of ONE Future, aiming to reduce methane emissions across the natural gas value chain to 1% or less by 2025[66]. - The company focuses on continuous improvement in environmental management, with goals including zero fines and reduced agency reportable releases[63]. - The company has invested in energy-efficient equipment, including electric pumps and compressors, to reduce direct emissions from operations[64]. - In 2022, 20% of at-risk pay for all salaried employees, including executives, was tied to the achievement of specific ESG goals[65]. Regulatory and Compliance Risks - The company operates in a highly regulated environment, which may adversely affect its business and profitability due to potential changes in laws and regulations[95]. - The Company is subject to various stringent regulations governing the disposal of produced water, which could change and impact its operations[105]. - Future legislation and regulations could impose additional expenditures and operational restrictions, affecting the Company's ability to conduct business[100]. - The company is subject to regulatory, environmental, and legal uncertainties that could impact the construction of new midstream assets[90]. - Increased regulation of hydraulic fracturing could lead to reductions or delays in crude oil and natural gas production by the Company's customers, impacting throughput on its systems[102]. - The company may incur significant costs to comply with health, safety, and environmental laws, which are complex and subject to frequent changes[106]. - Changes in environmental laws and regulations could require the Company to make significant expenditures to maintain compliance, adversely affecting its operations and financial condition[109]. - The EPA's proposed methane emissions fee will start at $900 per metric ton in 2024, increasing to $1,200 in 2025 and $1,500 in 2026 and thereafter, potentially raising the Company's operating costs[113]. - The U.S. aims for a 50% – 52% reduction in economy-wide net GHG pollution from 2005 levels by 2030, impacting the Company's operations and financial performance[114]. - The Inflation Reduction Act of 2022 appropriates significant federal funding for renewable energy initiatives, which may affect the demand for the Company's fossil fuel services[113]. - The Company faces increased operating costs due to compliance with new emissions regulations, which could adversely affect its financial condition[115]. - Financial institutions are restricting investments in fossil fuel activities, potentially reducing capital available for the Company's operations[116]. - The SEC is scrutinizing climate-related disclosures, increasing the risk of enforcement actions against the Company for misleading information[116]. - The Company may face increased litigation risks related to its ESG efforts, impacting its financial performance[121]. Market and Economic Factors - The company’s midstream assets are exclusively located in the Permian Basin, exposing it to regional supply and demand risks[73]. - The company relies on maintaining or increasing hydrocarbon throughput volumes, which are subject to natural decline and customer development activities[74]. - The company has no control over producers' development decisions, which could lead to reduced utilization of its midstream systems[75]. - The company faces competition from other midstream service providers and alternative energy sources, which could negatively impact demand for its services[84]. - The company’s exposure to commodity price risk may change, affecting future production volumes and service demand[87]. - A shortage of equipment and skilled labor could increase costs and reduce productivity, adversely affecting the company's operations[94]. - The U.S. inflation rate has been steadily increasing, leading to higher costs for the Company's services and personnel, which may impact capital expenditures and operating costs[133]. - The Company faces risks from geopolitical events, such as the ongoing conflict in Ukraine, which could reduce demand for crude oil and natural gas, adversely affecting revenues[134]. Financial Performance and Reporting - The Company's ability to return capital to stockholders through dividends and stock repurchases depends on its cash flow generation, which may fluctuate based on various factors including commodity prices and operational performance[126]. - Effective internal controls are necessary for reliable financial reporting; failure to maintain these controls could harm the Company's operating results and investor confidence[130]. - Fluctuations in the Company's quarterly financial results and failure to meet market expectations could lead to volatility in the market price of its securities[131]. - The Company is subject to risks associated with inflationary pressures, which could lead to increased costs and impact financial performance[133]. - The Company's operations could be adversely impacted by cyber-attacks on its systems or those of its service providers, leading to supply chain disruptions and revenue loss[138]. Risk Management - The company has developed an Enterprise Risk Management program to identify, prioritize, and mitigate risks across all functional areas[60]. - The company regularly reviews regulatory and environmental issues as part of its risk management approach[57]. - The company has approximately 1,700 miles of pipeline, most of which is under 10 years old, monitored through a risk-based inspection schedule[67]. - The company has implemented a safety hazard communication program to inform employees about hazardous substances in the workplace[62].

• Adjusted EBITDA (EBITDA) is defined as net income including noncontrolling interests adjusted for interest, taxes, depreciation and amortization, impairment charges, asset write-offs, the proportionate EBITDA from our equity method investments, equity in earnings from investments recorded using the equity method, stock-based compensation expense, extraordinary losses and unusual or non-recurring charges Three Months Ended September 30,(1) 29 (1) Net Debt is defined as total long-term debt, excluding defer ...

Kinetik Holdings Inc. (NYSE:KNTK) Q3 2022 Earnings Conference Call November 10, 2022 9:00 AM ET Company Participants Maddie Wagner - IR Jamie Welch - President and CEO Matt Wall - COO Anne Psencik - Chief Strategy Officer Steve Stellato - CAO Todd Carpenter - GC Trevor Howard - VP of Finance Kris Kindrick - VP of Commercial Tyler Milam - VP of Commercial Conference Call Participants Jeremy Tonet - JPMorgan Gabe Moreen - Mizuho Neel Mitra - Bank of America Michael Cusimano - Pickering Energy Partners Jeremy ...

KINETIK Third Quarter 2022 Results November 9th, 2022 Forward looking statements The information in this presentation and the oral statements made in connection therewith include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this presentation, including, without limitation, statements rega ...

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 September 30, 2022 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 juri ...

Kinetik Holdings Inc. (NYSE:KNTK) Q2 2022 Earnings Conference Call August 10, 2022 9:00 AM ET Company Participants Maddie Wagner - IR Jamie Welch - President and CEO Matt Wall - COO Anne Psencik - Chief Strategy Officer Steve Stellato - CAO Todd Carpenter - GC Trevor Howard - VP of Finance Kris Kindrick - VP of Commercial Tyler Milam - VP of Commercial Conference Call Participants Gabe Moreen - Mizuho Neel Mitra - Bank of America Operator Hello, everyone. And thank you for joining the Kinetik Second Quarter ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended June 30, 2022 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 jurisdict ...

KINETIK EIC Investor Presentation May 2022 Forward looking statements The information in this presentation and the oral statements made in connection therewith include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this presentation, including, without limitation, statements regarding Kinet ...

Kinetik Holdings, Inc. (NYSE:KNTK) Q1 2022 Results Conference Call May 11, 2022 9:00 AM ET Company Participants Maddie Wagner - Director, Investor Relations Jamie Welch - President & Chief Executive Officer Matt Wall - Chief Operating Officer Annie Psencik - Chief Strategy Officer Steve Stellato - Chief Administrative Officer Todd Carpenter - General Counsel Trevor Howard - VP, Finance Kris Kindrick - VP, Commercial Tyler Milam - VP, Commercial Conference Call Participants Spiro Dounis - Credit Suisse Gabe ...

(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, 2022 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 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 jurisdic ...