KNTK News and Press, Kinetik Holdings Inc. From 08/07/23

2023-08-07 16:49:22 ET Kinetik press release ( NYSE: KNTK ): Q2 GAAP EPS of $0.41 beats by $0.03 . Revenue of $296.2M (-16.7% Y/Y) misses by $28.06M . For further details see: Kinetik GAAP EPS of $0.41 beats by $0.03, revenue of $296.2M misses by $28.06M

Generated second quarter net income of $71.7 million and Adjusted EBITDA 1 of $208.0 million Achieved a new company record with quarterly gas processed volumes of 1.48 MMcfpd, up 10% quarter-over-quarter and up 25% year-over-year Executed gas gathering and processing agreement...

Kinetik Holdings Inc. (NYSE: KNTK) (“ Kinetik ” or the “ Company ”) today published its 2022 Sustainability Report (the “ Report ”), highlighting its sustainability advancements during the 2022 calendar year. The Report provides a comprehensiv...

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 second quarter ended June 30, 2023. The announced quarterly dividend is consistent with prior communicatio...

2023-06-22 15:33:37 ET The U.S. oil and gas pipeline and infrastructure sector has "entered a new period of elevated capital returns," according to Citi analyst Spiro Dounis, who sees sector free cash flow rising in the coming years as debt levels have dropped sharply. Dounis expec...

2023-06-20 10:24:35 ET A high dividend yield usually means one of two things. Either investors don't believe the company can sustain the payout, or the business has another factor creating some overhang. These issues will weigh down a company's valuation, pushing up its dividend yield. ...

2023-06-14 04:51:12 ET Summary Kinetik is a pure-play midstream firm in the Permian Basin. Its balance sheet is in mediocre shape, and when combined with a capex backlog, some are concerned. Selling its non-operated stake in Gulf Coast Express raises money at a great price to ...

2023-05-06 14:21:05 ET Kinetik Holdings, Inc. (KNTK) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Maddie Wagner - Director, IR Jamie Welch - President & CEO Trevor Howard - VP of Finance Matt Wall - Chief Operating Officer ...

2023-05-03 17:08:29 ET Kinetik press release ( NYSE: KNTK ): Q1 GAAP EPS of -$0.06 misses by $0.47 . Revenue of $281.04M (+9.2% Y/Y) beats by $33.53M . For further details see: Kinetik GAAP EPS of -$0.06 misses by $0.47, revenue of $281.04M beats by $33.53M

Generated first quarter net income of $4.3 million and Adjusted EBITDA 1 of $187.5 million Kinetik is tracking at the higher-end of its 2023 Adjusted EBITDA 1 Guidance range of $800 million to $860 million 2023 Capital Expenditures trending to the upper-end of the Company’s...