Kinetik (KNTK) - 2024 Q2 - Quarterly Results

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 ...