Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Kinetik Holdings (KNTK)

Kinetik Q3 net income falls to $15.5 million; revises 2025 EBITDA guidance

Mixed Impact 4 of 5 guidance Written later

Kinetik reported third-quarter 2025 net income including noncontrolling interest of $15.5 million, down from $83.7 million a year earlier, while total operating revenues rose to $464.0 million from $396.4 million. The company now expects full-year 2025 Adjusted EBITDA of $965 million to $1.005 billion, citing slower Kings Landing ramp-up, producer delays, lower commodity prices, and the October EPIC Crude sale.

Key points

  • Q3 2025 diluted EPS attributable to Class A holders was $0.03, versus $0.35 in Q3 2024
  • Q3 Adjusted EBITDA was $242.6 million, versus $265.7 million a year earlier
  • 2025 Adjusted EBITDA guidance revised to $965 million to $1.005 billion; 2025 capital guidance tightened to $485 million to $515 million
  • Closed sale of 27.5% EPIC Crude interest in October 2025 with over $500 million in net upfront cash

The filing

CompanyKinetik Holdings (KNTK)
Form8-K, current report
Filed with the SECNov 5, 2025, 6:08 PM ET
Accession number0001692787-25-000064

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.