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

Free cash flow · Q2 2025
$7.9M
EX-99 · Aug 7, 2025
Net income · Q2 2025
$74.4M
EX-99 · Aug 7, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Net income$74.4 million——
Free cash flow$7.9 million——

EX-99 · Aug 7, 2025

Guidance · company-stated

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.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow$7.9M

Capital allocation

Capex$126M

Capital Expenditures 3 were $126 million in the second quarter as we started commissioning Kings Landing.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

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

Documents

Filings

30 documents

Earnings releases

9 documents

Presentations

0 documents

No presentations for Kinetik Holdings Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Kinetik Holdings Inc. are held in this edition of the library.

Mentioned by

4 companies

Other 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.

See also the earnings calendar for every tracked company’s next earnings date.