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home / news releases / KNTK - Kinetik reports Q3 earnings beat; reaffirms FY22 guidance

KNTK - Kinetik reports Q3 earnings beat; reaffirms FY22 guidance

Kinetik Holdings Inc.
  • Kinetik press release ( NYSE: KNTK ): Q3 GAAP EPS of $1.04 beats by $0.42 .
  • Revenue of $325.18M (+95.2% Y/Y) beats by $53.12M .
  • Adjusted EBITDA of $212.4M.
  • Company record for quarterly natural gas processed volumes of 1.2 Bcf/d.
  • Reiterating 2022 Guidance for Pro Forma Adjusted EBITDA of $820 million to $840 million and Capital Expenditures of $280 million to $300 million.
  • Achieved $25 million full year 2022 EBITDA synergy target within the first three quarters of 2022.

For further details see:

Kinetik reports Q3 earnings beat; reaffirms FY22 guidance
Stock Information
Company Name: Kinetik Holdings Inc.
Stock Symbol: KNTK
Market: NYSE
Website: kinetik.com
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