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Kinetik Holdings Inc
NYSE:KNTK

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Kinetik Holdings Inc
NYSE:KNTK
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Price: 36.94 USD 0.14% Market Closed
Market Cap: 6B USD

Kinetik Holdings Inc
Investor Relations

Kinetik Holdings Inc. stands as a formidable player in the energy infrastructure sector, rooted deeply in its dedication to optimizing the delivery of oil and gas across expansive terrains. The company operates a robust network of pipelines and energy storage facilities, designed to transport and store natural gas and crude oil efficiently. By leveraging its strategically positioned assets, Kinetik not only facilitates the movement of hydrocarbons from production sites to markets but also ensures the reliability and safety of these vital resources. The company's operations are intricately woven into the fabric of the energy supply chain, serving as a critical link that connects upstream production with downstream consumption in an efficient and environmentally responsible manner.

Revenue generation for Kinetik Holdings hinges on long-term contracts with major oil and gas companies, ensuring a stable and predictable income stream. By securing transportation and storage agreements, Kinetik locks in multi-year deals that guarantee the flow of product through its infrastructure, providing it with a consistent base of revenue, irrespective of the unpredictable swings in commodity prices. Additionally, Kinetik is increasingly focusing on expansion and modernization of its facilities to accommodate the growing shift towards more sustainable energy solutions. This not only aligns with global energy transitions but also opens up avenues for new revenue streams as the company adapts to and capitalizes on evolving market demands. As such, Kinetik Holdings continues to play an indispensable role in the energy market by not just functioning as a transit system for oil and gas but also as a strategic partner for future energy innovations.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Q3 Financials: Adjusted EBITDA for Q3 was $243 million, with distributable cash flow of $158 million and free cash flow of $51 million.

Guidance Cut: Full-year 2025 adjusted EBITDA guidance was lowered to a range of $965–$1.005 billion, with a midpoint of $985 million, due to delayed project start-ups, commodity price declines, and production curtailments.

Project Execution: The Kings Landing plant achieved full commercial service, but start-up delays negatively impacted earnings by about $20 million.

Commodity Headwinds: Lower commodity prices, especially Waha natural gas, and increased curtailments reduced full-year EBITDA expectations by nearly $30 million.

Strategic Agreements: New agreements include a 5-year European LNG pricing contract with INEOS and increased Gulf Coast pipeline capacity starting in 2028 to diversify market exposure.

Cost Control Focus: Management is intensifying efforts to cut controllable costs and improve forecasting, including using AI tools.

Capital Allocation: Over $500 million from the EPIC Crude sale has been used to pay down debt; ongoing priorities include shareholder returns and disciplined organic growth investments.

Long-Term Outlook: While near-term headwinds persist, management remains confident in long-term growth through strategic project execution, enhanced market access, and asset optimization.

Key Financials
Adjusted EBITDA
$243 million
Distributable Cash Flow
$158 million
Free Cash Flow
$51 million
Midstream Logistics Adjusted EBITDA
$151 million
Pipeline Transportation Adjusted EBITDA
$95 million
Capital Expenditures
$154 million
Shareholder Returns Since Merger
$1.8 billion
Total Shareholder Yield
nearly 11%
Cash Proceeds from EPIC Crude Sale
over $500 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Jamie W. Welch
President, CEO & Director
No Bio Available
Mr. Matthew Wall
Executive VP & COO
No Bio Available
Mr. Steven M. Stellato
Executive VP, Chief Accounting & Chief Administrative Officer
No Bio Available
Mr. Todd Carpenter J.D.
General Counsel, Assistant Secretary & Chief Compliance Officer
No Bio Available
Ms. Anne Psencik
Chief Strategy Officer
No Bio Available
Mr. Trevor Howard
Senior VP & CFO
No Bio Available
Ms. Maddie Wagner
Director of Investor Relations
No Bio Available
Mr. Tyler A. Milam
Senior Vice President, Crude, Water & New Energy Ventures
No Bio Available
Mr. Kris Kindrick
Senior Vice President, Commercial
No Bio Available
Ms. Lindsay Ellis
Corporate Secretary
No Bio Available

Contacts

Address
TEXAS
Houston
2700 Post Oak Blvd., Suite 300
Contacts