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Kinetik Holdings Inc. 8-K Filings

KNTK NYSE

Every 8-K that Kinetik Holdings Inc. (KNTK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow KNTK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KNTK filings page.

Rhea-AI Summary

Kinetik Holdings Inc. reported record results for the quarter ended June 30, 2026, with net income including noncontrolling interest of $123.1 million and Adjusted EBITDA of $280.8 million. Distributable Cash Flow was $194.9 million and Free Cash Flow was $105.2 million, supporting a quarterly dividend of $0.81 per share and a 1.47x dividend coverage ratio.

The company raised full‑year 2026 Adjusted EBITDA guidance to $1.04–$1.1 billion, with the revised midpoint 7% above the original 2026 outlook and about 15% higher year‑over‑year pro forma the EPIC Crude divestiture. 2026 capital expenditure guidance increased to approximately $560 million, reflecting the Kings Landing II processing expansion, ECCC Pipeline expansion plans, optimization projects, and long‑lead equipment for further capacity.

Midstream Logistics Adjusted EBITDA rose 35% year‑over‑year in the quarter, while Pipeline Transportation Adjusted EBITDA declined 14% due to the prior EPIC Crude sale. Net leverage metrics remained moderate, with strong liquidity and ongoing investment in Permian‑to‑Gulf Coast growth projects.

Rhea-AI Summary

Kinetik Holdings Inc. has expanded its Board of Directors and appointed Craig Harris as a new director, effective June 23, 2026. The board size increased from ten to eleven members to accommodate his appointment.

Harris joins as a non-employee, non-affiliate director and will receive standard cash and equity compensation for board and committee service, prorated through the 2027 annual meeting. He will sign the company’s standard Delaware-law indemnification agreement for directors and officers. Kinetik also issued a press release on June 24, 2026 announcing his appointment.

Rhea-AI Summary

Kinetik Holdings Inc. reported the results of its annual stockholder meeting held on May 19, 2026. Stockholders elected ten directors to one-year terms, with each nominee receiving over 118 million votes in favor.

Stockholders also approved, on an advisory non-binding basis, the compensation of the Company’s named executive officers. In addition, they ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.

Rhea-AI Summary

Kinetik Holdings Inc. reported record first quarter 2026 financial results. For the three months ended March 31, 2026, the company posted a net loss including noncontrolling interest of $5.1 million, while generating record Adjusted EBITDA of $251.2 million, Distributable Cash Flow of $180.8 million, and Free Cash Flow of $101.4 million.

The Midstream Logistics segment delivered Adjusted EBITDA of $178.9 million, up 12% year-over-year, supported by 1.81 Bcf/d of processed gas despite Waha price-related shut-ins. Pipeline Transportation Adjusted EBITDA was $78.0 million, down nearly 17% year-over-year due to the EPIC Crude divestiture. The company reported a dividend of $0.81 per share, a Dividend Coverage Ratio of 1.4x, Net Debt of $3.85 billion, and a leverage ratio of 3.9x.

Kinetik affirmed full year 2026 Adjusted EBITDA guidance of $950 million to $1,050 million and Capital Expenditures guidance of $450 million to $510 million. Strategic actions included extending key Durango gas gathering and processing contracts to 2039, securing additional Gulf Coast natural gas pricing exposure through 2030, and advancing the Kings Landing acid gas injection project, which is expected to be in service by year-end 2026.

Rhea-AI Summary

Kinetik Holdings Inc., through subsidiary Kinetik Holdings LP, amended its accounts receivable securitization facility on March 31, 2026. The amendment extends the facility’s scheduled termination date to March 30, 2027. It also reduces the facility limit to $225,000,000 while allowing the seller to request an increase in the limit up to $275,000,000.

Rhea-AI Summary

Kinetik Holdings reported strong fourth quarter and full year 2025 results and issued 2026 guidance. Net income including noncontrolling interest was $416.7M for Q4 and $525.9M for 2025. Adjusted EBITDA reached a record $987.7M for 2025, with Q4 Adjusted EBITDA of $252.1M. Distributable Cash Flow was $151.7M for Q4 and $620.5M for the year, supporting a Dividend Coverage Ratio of 1.2x. Free Cash Flow was negative $12.0M in Q4 and $167.2M for 2025, reflecting heavy growth spending of $497.1M in capital expenditures. Net debt stood at $3.81B with a leverage ratio of 3.8x, and the company repurchased $176.0M of Class A stock in 2025.

For 2026, Kinetik guides Adjusted EBITDA between $950M and $1.05B, about 7% growth at the midpoint versus 2025 excluding EPIC Crude contributions. Planned 2026 capital expenditures are $450M–$510M, focused largely on New Mexico projects, the ECCC Pipeline, Kings Landing sour gas facilities, and a 40 MW behind-the-meter power project at Diamond Cryo.

Rhea-AI Summary

Kinetik Holdings Inc. furnished an 8-K announcing financial and operating results for the fiscal quarter ended September 30, 2025. The detailed results are provided in a press release attached as Exhibit 99.1 and incorporated by reference. The disclosure is furnished under Item 2.02 and is not deemed “filed” for purposes of Section 18 of the Exchange Act.

Rhea-AI Summary

Kinetik Holdings Inc. disclosed that its indirect subsidiaries Altus Midstream Processing LP and Kinetik EC Holdco LLC agreed to sell their collective 27.5% partnership interest in EPIC Crude Holdings, LP as part of a broader transaction in which all Sellers will sell 55% of EPIC to Plains BK Holdco LLC for approximately $1.8 billion. The consideration includes about $1.6 billion of cash at closing, subject to customary adjustments, plus a contingent earnout of $192.5 million tied to EPIC board approval of capital projects that meet specified capacity expansion criteria.

After purchase price adjustments, the Kinetik Sellers are expected to receive approximately $500 million in upfront cash and about $96 million attributable to the earnout if it is paid. The EPIC Sale is expected to close in early 2026, subject to customary closing conditions, including expiration or termination of the Hart‑Scott‑Rodino antitrust waiting period.