Kinetik Announces First Quarter Dividend and Financial Results Timing

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Kinetik Holdings Inc. (NYSE: KNTK) declares a cash dividend of $0.75 per share ($3.00 annualized) for the first quarter ended March 31, 2024. The dividend will be paid on May 9, 2024, to shareholders of record as of April 29, 2024. Kinetik will host a conference call on May 9, 2024, to discuss first-quarter results and release earnings after market close on May 8, 2024.

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)-- 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 first quarter ended March 31, 2024. The announced quarterly dividend is consistent with prior communications and will be paid on Thursday, May 9, 2024 to shareholders of record as of market close on Monday, April 29, 2024.

Kinetik will host its first quarter 2024 results conference call on Thursday, May 9, 2024 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 8, 2024. The text of the earnings release, the accompanying presentation and link to the live webcast will be available on the Company’s website at www.ir.kinetik.com. A replay of the conference call will also be available on the website following the call.

Kinetik previously implemented a Dividend Reinvestment Plan (the “DRIP” or the “Plan”) open to all shareholders. A complete description of the Plan is included in the Company’s Form S-3 registration statement filed with the SEC on April 4, 2022 and is posted on the Company’s website at www.kinetik.com.

To participate, shareholders of record may register online by visiting the Equiniti (formerly known as American Stock Transfer) website at www.equiniti.com or by contacting Equiniti Trust Company, LLC, the Plan Administrator, by telephone toll free from inside the United States at 1-(800)-278-4353 or outside of the United States at 1-(718)-921-8124. Shareholders may also contact the Plan Administrator in writing at Equiniti Trust Company, LLC, 6201 15th Avenue, Brooklyn, NY 11219. Please include a reference to Kinetik Holdings Inc. in all correspondence. Shareholders who own common stock through a broker should consult their broker regarding participation in the Plan.

About Kinetik Holdings Inc.

Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website, www.kinetik.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240418854269/en/

Kinetik Investors:

(713) 487-4832 Maddie Wagner

(713) 574-4743 Alex Durkee

www.kinetik.com

Source: Kinetik Holdings Inc.

FAQ

What is the dividend per share announced by Kinetik Holdings Inc. for the first quarter of 2024?

Kinetik Holdings Inc. declared a cash dividend of $0.75 per share ($3.00 annualized) for the first quarter ended March 31, 2024.

When will the dividend be paid to shareholders of Kinetik Holdings Inc. for the first quarter of 2024?

The dividend will be paid on Thursday, May 9, 2024, to shareholders of record as of market close on Monday, April 29, 2024.

When will Kinetik Holdings Inc. host its first quarter 2024 results conference call?

Kinetik Holdings Inc. will host its first quarter 2024 results conference call on Thursday, May 9, 2024, at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time).

Where can shareholders find the earnings release, presentation, and live webcast link for Kinetik Holdings Inc. first quarter 2024 results?

The earnings release, presentation, and live webcast link will be available on the Company's website at www.ir.kinetik.com.

Does Kinetik Holdings Inc. have a Dividend Reinvestment Plan (DRIP) for shareholders?

Kinetik Holdings Inc. previously implemented a Dividend Reinvestment Plan (DRIP) open to all shareholders. Shareholders of record may register online or contact Equiniti Trust Company, , the Plan Administrator, for more information.