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Kinetik Holdings Inc. (NYSE: KNTK) has declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for Q3 2023. The dividend will be paid on November 22, 2023, to shareholders of record as of November 13, 2023. The company will host its Q3 2023 results conference call on November 9, 2023. Kinetik previously implemented a Dividend Reinvestment Plan (DRIP) open to all shareholders.
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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 third quarter ended September 30, 2023. The announced quarterly dividend is consistent with prior communications and will be paid on Wednesday, November 22, 2023 to shareholders of record as of market close on Monday, November 13, 2023.
Kinetik will host its third quarter 2023 results conference call on Thursday, November 9, 2023 at 8:00 am Central Standard Time (9:00 am Eastern Standard Time) to discuss third quarter results. The Company will issue its earnings release after market close on Wednesday, November 8, 2023. 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.
What is the dividend declared by Kinetik Holdings Inc. for Q3 2023?
Kinetik Holdings Inc. has declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for the third quarter ended September 30, 2023.
When will the dividend be paid?
The dividend will be paid on Wednesday, November 22, 2023.
Who are eligible to receive the dividend?
Shareholders of record as of market close on Monday, November 13, 2023, will be eligible to receive the dividend.
When is Kinetik Holdings Inc.'s Q3 2023 results conference call?
Kinetik Holdings Inc.'s Q3 2023 results conference call is scheduled for Thursday, November 9, 2023, at 8:00 am Central Standard Time (9:00 am Eastern Standard Time).
Where can I find the earnings release, presentation, and webcast?
The text of the earnings release, the accompanying presentation, and the link to the live webcast will be available on the Company's website at www.ir.kinetik.com.
Is there a Dividend Reinvestment Plan (DRIP) available?
Yes, Kinetik Holdings Inc. has previously implemented a Dividend Reinvestment Plan (DRIP) open to all shareholders.
altus midstream company owns gas gathering, processing, and transmission assets in the permian basin of west texas. as of december 31, 2019, its assets included approximately 178 miles of in-service natural gas gathering, 55 miles of residue gas, and 38 miles of natural gas liquids (ngl) pipelines; three cryogenic processing trains; and an ngl truck loading terminal with six lease automatic custody transfer units and eight ngl bullet tanks. the company is based in houston, texas. altus midstream company is a subsidiary of apache midstream llc.
