Kinetik (KNTK) - 2024 Q1 - Quarterly Results

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 ...