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Kinetik Holdings (KNTK)

Earnings summaries and quarterly performance for Kinetik Holdings.

Recent press releases and 8-K filings for KNTK.

Kinetik Announces Q3 2025 Results and Updates 2025 Guidance
KNTK
Earnings
Guidance Update
New Projects/Investments
  • For Q3 2025, Kinetik reported an Adjusted EBITDA of $243 million and Free Cash Flow of $51 million.
  • The company revised its FY 2025 Adjusted EBITDA guidance to a range of $965 million to $1.005 billion and tightened its Capital Guidance to $485 million to $515 million.
  • Operationally, Kinetik achieved full commercial in-service at Kings Landing in late September 2025 and reached Final Investment Decision (FID) on the AGI project at Kings Landing, with expected in-service by year-end 2026.
  • Kinetik repurchased $176 million of Class A common stock year-to-date, including $100 million in Q3 2025, and closed the sale of a 27.5% equity interest in EPIC Crude for up to ~$600 million.
Nov 6, 2025, 2:00 PM
Kinetic (KNTK) Reports Q3 2025 Results and Updates Full-Year Guidance
KNTK
Earnings
Guidance Update
New Projects/Investments
  • Kinetic (KNTK) reported Q3 2025 adjusted EBITDA of $243 million, distributable cash flow of $158 million, and free cash flow of $51 million.
  • The company updated its full-year 2025 adjusted EBITDA guidance range to $965 million to $1,005 million, with the midpoint at $985 million, attributing the revision to delays in King's Landing startup, commodity price volatility, producer curtailments, and the EPIC Crude sale.
  • Strategic advancements include bringing King's Landing to full commercial service in September and reaching FID on an acid gas injection project at King's Landing, expected in-service late 2026.
  • KNTK also announced a new agreement with Competitive Power Ventures (CPV) to connect its residue gas pipeline network to the 1350 megawatt CPV Basin Ranch Energy Center and a five-year European LNG pricing agreement with INEOS starting early 2027.
Nov 6, 2025, 2:00 PM
Kinetic Reports Q3 2025 Results and Updates Full-Year Guidance
KNTK
Earnings
Guidance Update
New Projects/Investments
  • Kinetic reported Q3 2025 adjusted EBITDA of $243 million, with distributable cash flow of $158 million and free cash flow of $51 million.
  • The company revised its full-year 2025 adjusted EBITDA guidance range to $965 million to $1.005 billion (midpoint $985 million), citing a slower King's Landing startup, sustained commodity price volatility, production curtailments, and the divestiture of Epic Crude as contributing factors.
  • Key strategic projects include bringing King's Landing to full commercial in-service in September, reaching Final Investment Decision (FID) on an acid gas injection project at King's Landing (expected in-service late 2026), and progressing the ECCC pipeline (expected in-service Q2 2026).
  • Kinetic also secured a five-year European LNG pricing agreement with INEOS starting in early 2027 and additional firm transport capacity to the U.S. Gulf Coast commencing in 2028, alongside an agreement with Competitive Power Ventures (CPV) for residue gas supply.
Nov 6, 2025, 2:00 PM
Kinetik Reports Third Quarter 2025 Results and Revises 2025 Financial Guidance
KNTK
Earnings
Guidance Update
New Projects/Investments
  • Kinetik reported net income of $15.5 million and Adjusted EBITDA of $242.6 million for the third quarter of 2025.
  • The company revised its 2025 Adjusted EBITDA guidance range to $965 million to $1.005 billion and tightened its 2025 Capital Guidance range to $485 million to $515 million.
  • Key operational highlights include the full commercial in-service of the Kings Landing Complex in late September 2025, adding over 200 Mmcf/d of gas processing capacity, and the divestiture of its 27.5% non-operated equity interest in EPIC Crude.
  • Kinetik also executed a new five-year LNG pricing agreement with INEOS Energy for 0.5 million tonnes per annum (MTPA) at Port Arthur LNG and finalized an agreement for a residue natural gas pipeline connection for a new 1,350 MW gas-fired power generation facility.
  • The company repurchased $100 million of Class A common stock during the third quarter of 2025, contributing to a year-to-date total of $176 million.
Nov 5, 2025, 11:08 PM
Kinetik Reports Q3 2025 Financial Results and Revises 2025 Guidance
KNTK
Earnings
Guidance Update
New Projects/Investments
  • Kinetik reported net income including noncontrolling interest of $15.5 million and Adjusted EBITDA of $242.6 million for the three months ended September 30, 2025.
  • The company revised its 2025 Adjusted EBITDA guidance range to $965 million to $1.005 billion and refined its 2025 Capital Guidance range to $485 million to $515 million.
  • Key operational highlights include the full commercial in-service of the Kings Landing Complex in late September 2025, the divestiture of a 27.5% non-operated equity interest in EPIC Crude Holdings, LP, and reaching final investment decision (FID) on the acid gas injection (AGI) project at Kings Landing.
  • Kinetik repurchased $100 million of Class A common stock during the third quarter of 2025, contributing to a year-to-date total of $176 million under the existing Repurchase Program.
Nov 5, 2025, 10:15 PM