Inferra AI / Company / KNTK
Kinetik Holdings Inc.
KNTK · Utilities
Last earnings Aug 6, 2026
Key results
Net incomequarter
$74.4 million
Second Quarter 2025 Results and Commentary For the three and six months ended June 30, 2025, Kinetik reported net income including noncontrolling interest of $74.4 million and $93.7 million, respectively .
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Free cash flowquarter
$7.9 million
Kinetik generated Adjusted EBITDA 1 of $242.9 million and $493.0 million, Distributable Cash Flow 1 of $153.3 million and $310.3 million, and Free Cash Flow 1 of $7.9 million and $128.3 million for the three and six months ended June 30, 2025, respectively.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Achieved quarterly net income of $74.4 million and Adjusted EBITDA 1 of $242.9 million.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
AI analysis
Q2 2025 · reported Aug 7, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $74.4 million | — | — |
| Free cash flow | $7.9 million | — | — |
Guidance · company-stated
Direction: Raised
“Welch continued, With the expected in-service timing for Kings Landing, some delays in producer development activity to early 2026, as well as commodity price headwinds and associated operating cost increases, particularly relating to rental equipment and electricity, we are updating our full year 2025 Adjusted EBITDA 1 Guidance range to $1.03 billion to $1.09 billion.”
Classified from the release's primary full-year outlook statement.
Cash flow & capex
Capital allocation
Capital Expenditures 3 were $126 million in the second quarter as we started commissioning Kings Landing.
Event summary
Second Quarter 2025 Results and Commentary For the three and six months ended June 30, 2025, Kinetik reported net income including noncontrolling interest of $74.4 million and $93.7 million, respectively
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Company outlook: “Welch continued, With the expected in-service timing for Kings Landing, some delays in producer development activity to early 2026, as well as commodity price headwinds and associated operating cost increases, particularly relating to rental equipment and electricity, we are updating our full year 2025 Adjusted EBITDA 1 Guidance range to $1.03 billion to $1.09 billion.”
Company outlook — Raised (“increases”)
“Welch continued, With the expected in-service timing for Kings Landing, some delays in producer development activity to early 2026, as well as commodity price headwinds and associated operating cost increases, particularly relating to rental equipment and electricity, we are updating our full year 2025 Adjusted EBITDA 1 Guidance range to $1.03 billion to $1.09 billion.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Capital Expenditures 3 were $126 million in the second quarter as we started commissioning Kings Landing.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
We now anticipate Capital Expenditures 3 to be more weighted to the third quarter of 2025 driven by timing of Kings Landing completion.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
We are narrowing full year Capital Guidance to $460 million to $530 million, including growth and maintenance Capital Expenditures 3 and any contingent consideration tied to the final cost of Kings Landing.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Repurchased $172.6 million 4 of Class A common stock year to date under the existing Repurchase Program, of which $72.6 million was repurchased during the second quarter of 2025.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Completed refinancing of the Company s Term Loan A and Revolving Credit Facility, extending maturities to May 30, 2028 and May 30, 2030, respectively.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Exited the quarter with a Leverage Ratio 1,5 per the Company s Credit Agreement of 3.6x and a Net Debt to Adjusted EBITDA 1,6 Ratio of 4.0x.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Strategy & priorities
First and foremost, I am incredibly proud of our team s focus on operational execution and meeting our customers needs during a period marked with macroeconomic uncertainty and market volatility.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Published 2024 Sustainability Report highlighting the Company s sustainability initiatives, progress, and achievements.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
These statements include, but are not limited to, statements about the Company s future business strategy and plans, expectations, and objectives for the Company s operations, including statements about strategy, synergies, sustainability goals and initiatives, portfolio monetization opportunities, expansion projects and the timing thereof, and future operations, and financial guidance growth opportunities the amount and timing of future shareholder returns the Company s projected dividend amounts and the timing thereof and the Company s leverage and financial profile.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
All statements other than statements of historical facts included or incorporated by reference in this Quarterly Report on Form 10-Q, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues, projected costs and plans, and objectives of management for future operations, are forward-looking statements.
SEC original ↗Kinetik Holdings Inc. — 10-Q Quarterly report10-QAug 6, 2026
To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy.
SEC original ↗Kinetik Holdings Inc. — 10-Q Quarterly report10-QAug 6, 2026
Risks & headwinds
Kinetik navigated both successes and challenges in the second quarter of 2025, said Jamie Welch, Kinetik s President Chief Executive Officer.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
First and foremost, I am incredibly proud of our team s focus on operational execution and meeting our customers needs during a period marked with macroeconomic uncertainty and market volatility.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Welch continued, With the expected in-service timing for Kings Landing, some delays in producer development activity to early 2026, as well as commodity price headwinds and associated operating cost increases, particularly relating to rental equipment and electricity, we are updating our full year 2025 Adjusted EBITDA 1 Guidance range to $1.03 billion to $1.09 billion.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties, which could cause our actual results, performance, and financial condition to differ materially from our expectations.
SEC original ↗Kinetik Holdings Inc. — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 10-QKNTK
- 8-KKNTK
Aug 6, 2026
- Q1 2026
- 8-KKNTK
Jun 25, 2026
- 8-KKNTK
May 20, 2026
- 10-QKNTK
- 8-KKNTK
May 7, 2026
- 8-KKNTK
Apr 3, 2026
- Q4 2025
- 10-KKNTK
Feb 26, 2026
- 8-KKNTK
Feb 26, 2026
- Q3 2025
- 10-QKNTK
- 8-KKNTK
Nov 6, 2025
- Q2 2025
- 8-KKNTK
Sep 5, 2025
- 10-QKNTK
- 8-KKNTK
Aug 7, 2025
- 8-KKNTK
Jul 1, 2025
- Q1 2025
- 8-KKNTK
Jun 3, 2025
- 8-KKNTK
May 21, 2025
- 10-QKNTK
- 8-KKNTK
May 7, 2025
- 8-KKNTK
May 2, 2025
- 8-KKNTK
Apr 1, 2025
- Q4 2024
- 8-KKNTK
Mar 19, 2025
- 8-KKNTK
Mar 13, 2025
- 10-KKNTK
Mar 3, 2025
- 8-KKNTK
Feb 27, 2025
- 8-KKNTK
Jan 16, 2025
- Q3 2024
- 10-QKNTK
- 8-KKNTK
Nov 6, 2024
- Q2 2024
- 8-KKNTK
Sep 30, 2024
- 8-K/AKNTK
Aug 30, 2024
Earnings releases
9 documentsPresentations
0 documentsNo presentations for Kinetik Holdings Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Kinetik Holdings Inc. are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention Kinetik Holdings Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“) 4 (26) (60) Proceeds from asset divestitures 21 885 611 1,609 Proceeds from sale of Kinetik… …NET INCOME ATTRIBUTABLE TO COMMON STOCK $ 279 $ 354 $ 1,434 $ 804 NET INCOME PER COMMON SHARE: Basic $ 0.79 $ 0.96 $ 3.99 $ 2.28 Diluted $ 0.7”
“560 million (including maintenance), driven by KLII, accelerated producer… …respectively. Kinetik generated Adjusted EBITDA 1 of $280.8 million and $532.0 million, Distributable Cash Flow 1 of $194.9 million and $375.8 million, and Free Cash Flow 1 o”
“itures 2 guidance of $450 million to $510 million (including maintenance) CEO Commentary “Kinetik delivered… …full year 2026 Financial Guidance: ◦ Adjusted EBITDA 1 guidance of $950 million to $1,050 million ◦ Capital Expenditures 2 guidance of $450 ”
“illion (including maintenance) • Updated the Company’s Capital Allocation… …respectively. Kinetik generated Adjusted EBITDA 1 of $252.1 million and $987.7 million, Distributable Cash Flow 1 of $151.7 million and $620.5 million, and Free Cash Flow 1 o”
See also the earnings calendar for every tracked company’s next earnings date.