Kinetik Holdings Inc. — Third Quarter 2026 Earnings Summary

Kinetik Holdings Inc. reported net income of $50.9 million for the third quarter of 2026, driven by record processed gas volumes of 1.94 billion cubic feet per day. The company achieved Adjusted EBITDA of $278.1 million for the quarter and $810.1 million for the first nine months, while generating Distributable Cash Flow of $213.7 million and $589.5 million respectively. Strategic advancements included upsizing Kings Landing II processing capacity by over 25% to 380 MMcf/d and reaching a final investment decision on the Phase 1 expansion of the ECCC Pipeline. Kinetik now expects full-year 2026 Adjusted EBITDA to reach the high end of its $1.04 billion to $1.1 billion guidance range, with capital expenditures anticipated to be approximately 5% below the previous forecast.