KNTK News and Press, Kinetik Holdings Inc. From 02/27/23

Generated fourth quarter 2022 net income 1 of $48.5 million and Pro Forma Adjusted EBITDA 2,3,4 of $211.1 million Reported full year 2022 net income 1 of $250.7 million, Pro Forma Adjusted EBITDA 2,3,4 of $822.2 million, and Capital Expenditures 5 of $284.0 million Iss...

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 fourth quarter ended December 31, 2022. The announced quarterly dividend is consistent with prior communic...

Summary Kinetik Holdings was created around one year ago in early 2022 via the integration of Altus Midstream and EagleClaw Midstream. Subsequently, they saw better-than-expected cash flow performance and whilst the third quarter of 2022 was not as strong as the second, it was still dec...

The following slide deck was published by Kinetik Holdings Inc. in conjunction with this event. For further details see: Kinetik Holdings (KNTK) Investor Presentation - Slideshow

Summary Income-producing energy stocks outperformed during the week’s violent commodity selloff. The strong performance came from attractive valuations and the sector’s positive outlook for 2023. MLPs outperformed after their selloff in December. Energy Incom...

Kinetik Holdings Inc. (KNTK) Q3 2022 Earnings Conference Call November 10, 2022, 09:00 AM ET Company Participants Maddie Wagner - IR Jamie Welch - President and CEO Matt Wall - COO Anne Psencik - Chief Strategy Officer Steve Stellato - CAO Todd Carpen...

The following slide deck was published by Kinetik Holdings Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Kinetik Holdings Inc. 2022 Q3 - Results - Earnings Call Presentation

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 Guidanc...

Generated third quarter net income of $49.4 million and Adjusted EBITDA 1 of $212.4 million Company record for quarterly natural gas processed volumes of 1.2 Bcf/d Reiterating 2022 Guidance for Pro Forma Adjusted EBITDA 1,2,3 of $820 million to $840 million and Capital...

Summary Shares of Permian midstream play Kinetik Holdings Inc. (KNTK) yield 8.7%, but with most shareholders opting into its dividend reinvestment program, dilution is increasing. The de facto PIPE arrangement will allow the company to more easily deleverage from 4.3 (currently) t...