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 ...

Financial Data and Key Metrics Changes - The company reported pro forma EBITDA of $191 million for Q1 2022, representing a 17% increase year-over-year, normalized for winter storm Uri [7][11] - Adjusted pro forma distributable cash flow was $145 million, and free cash flow was $119 million [11] - The leverage ratio exited the quarter at four times, with a target of 3.5 times [12] Business Line Data and Key Metrics Changes - Midstream Logistics EBITDA was $124 million, up 22% year-over-year, driven by increased volumes across gas, oil, and water [15] - Pipeline Transportation EBITDA was $17 million, up 24% year-over-year, due to record volumes on Shin Oak and EPIC Crude [16] Market Data and Key Metrics Changes - Processed gas volumes increased 9% year-over-year, averaging 1.11 Bcf per day [9] - Shin Oak's throughput volumes reached nearly 500,000 barrels per day, a record for the pipeline [17] Company Strategy and Development Direction - The company is focused on capital allocation priorities, including redeeming Series A preferred shares and refinancing to improve capital structure [10][13] - Plans to expand processing capacity by 120 million cubic feet a day at Diamond Cryo, expected to cost approximately $12 million [29] - The company is pursuing pipeline expansions for the Permian Highway and Gulf Coast Express, which will provide over 1.2 Bcf a day of new incremental capacity [33][34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving financial goals and capital allocation priorities to attain investment grade ratings in 2023 [12] - The company anticipates exceeding the high end of its 2022 guidance range, which includes an EBITDA range of $770 million to $810 million [18][19] - Management highlighted the importance of being prepared for increased customer demand and the need for additional processing capacity [41] Other Important Information - The company has made significant progress in integrating Altus and EagleClaw assets, with cost savings already realized [21][23] - A commitment to reducing greenhouse gas emissions, with a goal of achieving net zero emissions by 2050 [26] Q&A Session Summary Question: Expansion of Diamond Cryo - Management noted that the rapid sellout of latent processing capacity prompted the decision to expand quickly, with expectations to fill capacity within 12 to 18 months [41] Question: Funding for Growth - Management discussed various funding strategies for growth, including potential equity offerings and customer contributions for construction [44][46] Question: Guidance Raise Hesitation - Management indicated that they prefer to wait for more visibility on key projects and refinancing before raising guidance [50][52] Question: Capacity Agreements - Management confirmed that they will take up additional capacity with the expansion of PHP and are working to ensure egress capacity for customers [54][56] Question: Pipeline Capacity and Marketing Strategy - Management explained their strategy to allocate pipeline capacity to customers while also retaining some for their own equity gas [62]

(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 ...

Investor Update & 2022 Guidance February 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 Ki ...

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, 2021 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 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organ ...

Financial Data and Key Metrics Changes - Altus Midstream reported net income of $50 million for Q3 2021, including a $4 million unrealized gain related to an embedded derivative [25] - Adjusted EBITDA was $70 million, with growth capital expenditures approximately $3 million [26] - The company generated free cash flow for the third consecutive quarter and declared a quarterly dividend of $1.50 per share [25][26] Business Line Data and Key Metrics Changes - Gas processing volumes increased by about 1% compared to the previous period, reflecting contributions from recently brought online DUCs at Alpine High [8] - Gathered volumes averaged 452 million cubic feet per day, with approximately 75% being rich gas [26] Market Data and Key Metrics Changes - The joint venture pipelines provided stable cash flow through minimum volume commitments, while liquids pipelines are positioned for volume growth as activity returns to the basin [7] - The new gas processing agreement with Apache includes modified fees that align with current market conditions, incentivizing new development activity [11][12] Company Strategy and Development Direction - The company aims to create a pure-play midstream company in the Permian Basin, focusing on growth and competition for third-party opportunities [12][15] - The combination with EagleClaw is expected to create the largest pure-play midstream company in the Permian Basin, enhancing operational capabilities and scale [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to generate significant free cash flow and maintain a strong dividend coverage ratio post-transaction [21][22] - The outlook for 2021 remains constructive, with expectations trending better than the midpoint for all guidance items [27] Other Important Information - The transaction with EagleClaw is projected to close in Q1 2022, pending regulatory approval [18] - The combined company is expected to achieve at least $50 million in annual EBITDA synergies with minimal capital spending [21] Q&A Session Summary - No questions were raised during the Q&A session, and the call concluded without further inquiries [29][30]

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, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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 Altus Midstream Company (Exact name of registrant as specified in its charter) (State or other ju ...