Nov 4, 5:30 PM ET
Kinetik reported third quarter 2026 results, with Adjusted EBITDA of $278.1 million, up from $242.6 million a year earlier, and net income including noncontrolling interest of $50.9 million, up from $15.5 million. The company now expects full year 2026 Adjusted EBITDA at the high end of its $1.04 billion to $1.1 billion guidance range and expects capital expenditures about 5% below its $560 million guidance.
- Q3 2026 total operating revenues were $569.4 million, versus $464.0 million in Q3 2025; diluted EPS attributable to Class A holders was $0.26, versus $0.03
- Midstream Logistics Adjusted EBITDA was $203.6 million, a 34% year-over-year increase; Pipeline Transportation Adjusted EBITDA fell 18% to $78.5 million, mainly due to the EPIC Crude Holdings divestiture
- Free Cash Flow was $87.5 million for Q3 2026 versus $13.9 million a year earlier; Net Debt was $3.94 billion at September 30, 2026
- The ECCC Pipeline expansion reached final investment decision, and the company expects in-service in mid-2027
Read the filing on SEC.gov ↗
Oct 26, 4:46 PM ET
Kinetik subsidiary EagleClaw Midstream Ventures agreed on October 23, 2026 to resolve a previously disclosed dispute with Energy Transfer over when an NGL purchase agreement expires. Under the settlement, both parties confirmed the agreement's final day of term is December 31, 2026. The filing notes that a related litigation over two Energy Transfer agreements, including this one, remains pending adjudication.
- Settlement agreed October 23, 2026 between EagleClaw Midstream Ventures and Energy Transfer GC NGL Product Services
- ECMV NGL purchase agreement final day of term confirmed as December 31, 2026
- The agreement is one of two Energy Transfer agreements subject to previously disclosed litigation, which awaits adjudication
Read the filing on SEC.gov ↗
Aug 5, 7:02 PM ET
Kinetik reported second quarter 2026 revenue of $581.4 million, up from $426.7 million a year earlier, and diluted earnings per share of $0.64 versus $0.33. The company raised its full year 2026 Adjusted EBITDA guidance to $1.04 billion to $1.1 billion and its capital expenditure guidance to about $560 million, which bears on how much cash the business reinvests.
- Q2 2026 total operating revenues were $581.4 million, versus $426.7 million in Q2 2025.
- Net income including noncontrolling interest was $123.1 million, versus $74.4 million; diluted EPS attributable to Class A holders was $0.64, versus $0.33.
- Q2 2026 Adjusted EBITDA was $280.8 million, versus $242.9 million; Pipeline Transportation Adjusted EBITDA fell 14% due to the late 2025 divestiture of the EPIC Crude equity interest.
- Adjusted EBITDA is expected to be $260 million to $270 million in Q3 2026 and $270 million to $280 million in Q4 2026.
Read the filing on SEC.gov ↗
Jun 25, 4:29 PM ET
Kinetik Holdings appointed Craig Harris, a former Blackstone credit executive with more than 30 years in the energy industry, as a director effective June 23, 2026, and increased the board from ten to eleven members. The filing describes a routine board addition with standard non-employee director compensation and an indemnification agreement, with no financial results or guidance included.
- Craig Harris appointed director effective June 23, 2026; board increased from ten to eleven directors.
- Harris was a Senior Managing Director within Blackstone's credit business from October 2022 to March 2026.
- Harris receives standard non-employee director cash and equity compensation, prorated until the 2027 Annual Meeting of Stockholders.
- Appointment announced in a June 24, 2026 press release furnished as Exhibit 99.1.
Read the filing on SEC.gov ↗
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