Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") announced the appointment of William ("Bill") Ordemann to the Kinetik Board of Directors, effective April 3, 2024. Mr. Ordemann will serve as a member of the Audit and Governance & Sustainability Committees. Mr. Ordemann holds thirty-eight years of energy industry experience, with twenty-five years focused on natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. From 1999 until his retirement in 2019, Mr. Ordemann served in numerous executive positions at Enterprise Products Partners L.P. and its affiliates, including serving as an Executive Vice President. Throughout his tenure, he held various po

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") today published its 2022 Sustainability Report (the "Report"), highlighting its sustainability advancements during the 2022 calendar year. The Report provides a comprehensive review of Kinetik's progress towards advancing a safer, cleaner, and more reliable energy future and its commitment to integrating sustainability across its operations. "I am proud of the achievements we made throughout 2022 advancing our environmental and other sustainability initiatives," said Jamie Welch, President and CEO. "We took several tangible steps to enhance our efforts across our organization, including the appointment of a Vice President of S

HOUSTON and MIDLAND, Texas, July 21, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ:KNTK) ("Kinetik" or the "Company") today published its 2021 Environmental, Social and Governance Report (the "Report"), highlighting the sustainability achievements of its predecessors, Altus Midstream Company ("Altus") and BCP Raptor Holdco, LP ("BCP"), during the 2021 calendar year. The Report provides a comprehensive review of Kinetik's progress towards advancing a safer, cleaner and more reliable energy future, building a more diverse and inclusive culture, and investing in the communities in which it operates. "We are pleased to share our progress achieved in 2021," said Jamie Welch, President

UBS initiated coverage of Kinetik with a rating of Neutral and set a new price target of $49.00

Scotiabank initiated coverage of Kinetik with a rating of Sector Outperform and set a new price target of $64.00

Barclays resumed coverage of Kinetik with a rating of Equal Weight and set a new price target of $43.00

Barclays initiated coverage of Kinetik with a rating of Equal Weight and set a new price target of $40.00

RBC Capital Mkts initiated coverage of Kinetik with a rating of Outperform and set a new price target of $40.00

JP Morgan upgraded Kinetik from Neutral to Overweight and set a new price target of $40.00 from $38.00 previously

Citigroup resumed coverage of Kinetik with a rating of Neutral and set a new price target of $35.00

Goldman resumed coverage of Kinetik with a rating of Buy and set a new price target of $39.00

Pickering Energy Partners initiated coverage of Kinetik with a rating of Neutral

Wells Fargo initiated coverage of Kinetik with a rating of Equal Weight and set a new price target of $38.00

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

4 - Kinetik Holdings Inc. (0001692787) (Issuer)

3 - Kinetik Holdings Inc. (0001692787) (Issuer)

5 - Kinetik Holdings Inc. (0001692787) (Issuer)

Generated first quarter net income of $19.3 million and Adjusted EBITDA1 of $250.0 million Achieved quarterly gas processed volumes of 1.80 Bcf/d, up 17% year-over-year Progressed construction on the 220 Mmcf/d Kings Landing Complex ("Kings Landing") in New Mexico with commissioning expected to start in six weeks and commencing operations in early third quarter of 2025 Affirming 2025 Adjusted EBITDA1 Guidance range of $1.09 billion to $1.15 billion and Capital Guidance range of $450 million to $540 million Kinetik's Board of Directors authorized an increase to its existing share repurchase program to $500 million Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") toda

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") today announced Anne Psencik, Chief Strategy Officer, informed Kinetik of her intent to retire from the Company, effective June 30, 2025. Ms. Psencik will continue her current day-to-day responsibilities until that time. Following her retirement, she will continue to support the Company as a consultant. "Annie has been a valuable leader at Kinetik, and I thank her for the significant contributions she has made to the Company and our long-term growth strategy," said Jamie Welch, Kinetik's President & Chief Executive Officer. "During her six-year tenure, Annie has managed risk and also served as a trusted advisor on numerous comm

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis. The announced quarterly dividend will be paid on Friday, May 2, 2025 to shareholders of record as of market close on Friday, April 25, 2025. Kinetik will host its first quarter 2025 results conference call on Thursday, May 8, 2025 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss first quarter results. The Company will issue its earnings release after market close on Wednesday, May 7, 2025. The text of the earnings release, the accompanying presentation and link to the live webcast will be available on the Compa

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik") today announced that its subsidiary, Kinetik Holdings LP (the "Issuer"), has priced its previously announced offering of $250 million 6.625% sustainability-linked senior notes due 2028 (the "New Notes") at 101.25% of par, plus accrued and unpaid interest from December 15, 2024 (the "Offering"). The New Notes mature on December 15, 2028, pay interest at the rate of 6.625% per year and are payable on June 15 and December 15 of each year. The first interest payment with respect to the New Notes will be made on June 15, 2025. The New Notes are fully and unconditionally guaranteed by Kinetik. The Issuer intends to use the net proceeds of the Offerin

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik") announced today that its subsidiary, Kinetik Holdings LP (the "Issuer"), intends to offer, subject to market and other conditions, $250 million aggregate principal amount of 6.625% sustainability-linked senior notes due 2028 (the "New Notes") in an offering (the "Offering") pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The New Notes are being offered as additional notes under the indenture dated as of December 6, 2023, as may be supplemented from time to time (the "Indenture"), pursuant to which the Issuer has previously issued $800 million aggregate principal amount of 6.625% Sustain

Generated fourth quarter 2024 net income of $16.2 million and Adjusted EBITDA1 of $237.5 million Reported full year 2024 net income of $244.2 million, Adjusted EBITDA1 of $971.1 million, and Capital Expenditures2 of $264.5 million Announced bolt-on acquisition of natural gas and crude oil gathering systems primarily located in Reeves County, Texas, which closed in January 2025 ("Barilla Draw") Issuing full year 2025 Guidance ("2025 Guidance"): Adjusted EBITDA1 guidance of $1.09 billion to $1.15 billion Capital guidance of $450 million to $540 million, including growth and maintenance Capital Expenditures2 and the previously communicated $75 million of contingent consideration

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis, for the fourth quarter ended December 31, 2024. The announced quarterly dividend will be paid on Wednesday, February 12, 2025 to shareholders of record as of market close on Monday, February 3, 2025. Kinetik will host its fourth quarter 2024 results conference call on Thursday, February 27, 2025 at 8:00 am Central Standard Time (9:00 am Eastern Standard Time) to discuss fourth quarter results. The Company will issue its earnings release after market close on Wednesday, February 26, 2025. The text of the earnings release, the accompanyin

Permian Resources Corporation (NYSE:PR) ("Permian Resources" or the "Company") today announced it has entered into a definitive agreement to sell its natural gas and oil gathering systems primarily located in Reeves County, Texas to Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik") for a total cash consideration of $180 million, subject to customary post-closing adjustments. The divested natural gas and oil pipeline systems include a combination of both recently purchased and legacy company-owned midstream infrastructure and exclude any water infrastructure or surface acreage. "We are excited to announce another divestiture of non-core assets at a price that is accretive over both the short a

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") today announced it has entered into a definitive agreement with Permian Resources Corporation (NYSE:PR) ("Permian Resources") whereby Kinetik will acquire Permian Resources' natural gas and crude oil gathering systems (the "Assets") primarily located in Reeves County, Texas for $180 million of cash consideration (the "Transaction"). The Transaction provides a multi-stream opportunity for natural gas gathering, compression and processing, as well as crude gathering services for Kinetik. Transaction Highlights: Approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for n

Generated third quarter net income of $83.7 million, representing a 94% increase year-over-year, and Adjusted EBITDA1 of $265.7 million, a 23% increase in Adjusted EBITDA1 year-over-year Raising the Company's 2024 Adjusted EBITDA1 Guidance range to $970 million to $1 billion and tightening Capital Expenditures2 Guidance range to $270 million to $290 million Increased quarterly cash dividend to $0.78 per share for the third quarter ended September 30, 2024, up 4% versus the prior quarterly dividend Acquired an additional equity interest in EPIC Crude Holdings, LP ("EPIC Crude"), bringing the Company's ownership interest to 27.5%, in a series of transactions with Diamondback Energy tha

SC 13G/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13G/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13G - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

SC 13D/A - Kinetik Holdings Inc. (0001692787) (Subject)

Generated first quarter net income of $19.3 million and Adjusted EBITDA1 of $250.0 million Achieved quarterly gas processed volumes of 1.80 Bcf/d, up 17% year-over-year Progressed construction on the 220 Mmcf/d Kings Landing Complex ("Kings Landing") in New Mexico with commissioning expected to start in six weeks and commencing operations in early third quarter of 2025 Affirming 2025 Adjusted EBITDA1 Guidance range of $1.09 billion to $1.15 billion and Capital Guidance range of $450 million to $540 million Kinetik's Board of Directors authorized an increase to its existing share repurchase program to $500 million Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") toda

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis. The announced quarterly dividend will be paid on Friday, May 2, 2025 to shareholders of record as of market close on Friday, April 25, 2025. Kinetik will host its first quarter 2025 results conference call on Thursday, May 8, 2025 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss first quarter results. The Company will issue its earnings release after market close on Wednesday, May 7, 2025. The text of the earnings release, the accompanying presentation and link to the live webcast will be available on the Compa

Generated fourth quarter 2024 net income of $16.2 million and Adjusted EBITDA1 of $237.5 million Reported full year 2024 net income of $244.2 million, Adjusted EBITDA1 of $971.1 million, and Capital Expenditures2 of $264.5 million Announced bolt-on acquisition of natural gas and crude oil gathering systems primarily located in Reeves County, Texas, which closed in January 2025 ("Barilla Draw") Issuing full year 2025 Guidance ("2025 Guidance"): Adjusted EBITDA1 guidance of $1.09 billion to $1.15 billion Capital guidance of $450 million to $540 million, including growth and maintenance Capital Expenditures2 and the previously communicated $75 million of contingent consideration

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis, for the fourth quarter ended December 31, 2024. The announced quarterly dividend will be paid on Wednesday, February 12, 2025 to shareholders of record as of market close on Monday, February 3, 2025. Kinetik will host its fourth quarter 2024 results conference call on Thursday, February 27, 2025 at 8:00 am Central Standard Time (9:00 am Eastern Standard Time) to discuss fourth quarter results. The Company will issue its earnings release after market close on Wednesday, February 26, 2025. The text of the earnings release, the accompanyin

Permian Resources Corporation (NYSE:PR) ("Permian Resources" or the "Company") today announced it has entered into a definitive agreement to sell its natural gas and oil gathering systems primarily located in Reeves County, Texas to Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik") for a total cash consideration of $180 million, subject to customary post-closing adjustments. The divested natural gas and oil pipeline systems include a combination of both recently purchased and legacy company-owned midstream infrastructure and exclude any water infrastructure or surface acreage. "We are excited to announce another divestiture of non-core assets at a price that is accretive over both the short a

Generated third quarter net income of $83.7 million, representing a 94% increase year-over-year, and Adjusted EBITDA1 of $265.7 million, a 23% increase in Adjusted EBITDA1 year-over-year Raising the Company's 2024 Adjusted EBITDA1 Guidance range to $970 million to $1 billion and tightening Capital Expenditures2 Guidance range to $270 million to $290 million Increased quarterly cash dividend to $0.78 per share for the third quarter ended September 30, 2024, up 4% versus the prior quarterly dividend Acquired an additional equity interest in EPIC Crude Holdings, LP ("EPIC Crude"), bringing the Company's ownership interest to 27.5%, in a series of transactions with Diamondback Energy tha

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") today announced that its Board of Directors has declared an increase to its quarterly cash dividend to $0.78 per share, or $3.12 per share on an annualized basis, for the third quarter ended September 30, 2024. The announced quarterly dividend represents a 4% increase versus the prior quarterly dividend and will be paid on Thursday, November 7, 2024 to shareholders of record as of market close on Monday, October 28, 2024. "The strategic transactions closed earlier this year coupled with our business outperformance accelerated the achievement of our 3.5x leverage target and increased our confidence in the company's outlook," sa

Generated second quarter net income of $108.9 million, representing a 52% increase year-over-year, and Adjusted EBITDA1 of $234.4 million, a 13% increase in Adjusted EBITDA1 year-over-year Revised 2024 Adjusted EBITDA1 Guidance of $940 million to $980 million and 2024 Capital Expenditures2 Guidance of $260 million to $300 million ("2024 Guidance") Completed acquisition of Durango Permian, LLC ("Durango") at the end of June and closed divestiture of 16% non-operated equity interest in Gulf Coast Express pipeline ("GCX") at the beginning of June Sanctioned pre-FID work scope and long-lead critical path items for Kings Landing II and advanced subsurface and permitting workstreams

Kinetik Holdings Inc. (NYSE:KNTK) ("Kinetik" or the "Company") has declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for the second quarter ended June 30, 2024. The announced quarterly dividend is consistent with prior communications and will be paid on Wednesday, August 7, 2024 to shareholders of record as of market close on Monday, July 29, 2024. Kinetik will host its second quarter 2024 results conference call on Thursday, August 8, 2024 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss second quarter results. The Company will issue its earnings release after market close on Wednesday, August 7, 2024. The text of the earnings release,

In a series of transactions: Kinetik agreed to acquire Durango Permian LLC ("Durango"), which expands its operations in Eddy and Lea Counties, New Mexico, the most active counties in the Permian Basin ("Durango Acquisition"). The Durango Acquisition increases Kinetik's processing capacity by 420 million cubic feet per day, doubles gathering pipeline mileage, and adds over 60 new customers, many of whom are private, including one of the most active producers in the Delaware Basin. Kinetik executed a new 15-year low-pressure and high-pressure gas gathering and processing agreement with one of its largest customers, which has a substantial presence throughout Eddy County ("New Eddy Count