Welcome to our dedicated page for Kinetik Holdings news (Ticker: KNTK), a resource for investors and traders seeking the latest updates and insights on Kinetik Holdings stock.
Kinetik Holdings Inc. (NYSE: KNTK) provides essential midstream energy infrastructure, connecting oil and gas production to markets through gathering systems, processing facilities, and strategic pipelines. This page serves as the definitive source for KNTK-related news, offering investors and industry professionals timely updates on operational developments and corporate milestones.
Access press releases covering earnings reports, infrastructure expansions, and sustainability initiatives like the company’s CO2 capture partnership for electrofuels production. Our curated collection ensures you stay informed about KNTK’s dual focus: maintaining reliable energy logistics while advancing decarbonization efforts in the Permian Basin and Gulf Coast regions.
Discover updates across key areas including pipeline transportation advancements, gas processing innovations, and regulatory compliance developments. All content is verified for accuracy and relevance, providing a trustworthy resource for strategic decision-making.
Bookmark this page to monitor Kinetik Holdings’ evolving role in energy infrastructure and environmental stewardship. Check back regularly for new announcements directly impacting midstream operations and the broader energy transition landscape.
Kinetik Holdings Inc. (NYSE: KNTK) has announced a cash dividend of
The first-quarter results conference call is scheduled for
Further details on the DRIP are outlined in the Company’s Form S-3 registration statement filed with the
Kinetik Holdings reported a strong financial performance for the full year 2022, with net income of $250.7 million and Pro Forma Adjusted EBITDA of $822.2 million. For Q4 2022, net income was $48.5 million and Pro Forma Adjusted EBITDA reached $211.1 million. Kinetik issued guidance for 2023 Adjusted EBITDA between $800 million and $860 million, projecting a 15% increase in processed gas volumes. The company announced a $100 million share repurchase program and is expanding its operations into Lea County, New Mexico, underpinned by a long-term gathering agreement. Capital expenditures for 2023 are estimated at $490 million to $540 million.
Kinetik Holdings Inc. (NYSE: KNTK) announced a cash dividend of $0.75 per share, amounting to $3.00 annually, for Q4 2022. This dividend aligns with previous communications and will be paid on February 16, 2023, to shareholders on record as of February 6, 2023. A conference call to discuss Q4 results is scheduled for February 28, 2023, at 8:00 AM CST. Kinetik also offers a Dividend Reinvestment Plan (DRIP), where major stakeholders are reinvesting their dividends. Full details are available on their website.
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