{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-171159","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.632868+00:00","generated_at":"2026-06-01T00:42:27.370730+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Kinetik closes ~$765M Durango acquisition in Delaware Basin; funds with GCX sale","bullets":["Acquired Durango Permian LLC for ~$765M: $315M cash, 3.8M OpCo units now, 7.7M units due July 2025.","Cash portion funded by June 4 divestiture of 16% GCX pipeline stake.","Leverage ratio post-close at 3.4x; deal immediately deleveraging.","Kinetik will update 2024 guidance with Q2 2024 earnings.","Durango platform enhances Kinetik's Delaware Basin footprint; Kings Landing earnout up to $75M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-171159","json":"https://secwatch.observer/filing/0001193125-24-171159.json","markdown":"https://secwatch.observer/filing/0001193125-24-171159.md","text":"https://secwatch.observer/filing/0001193125-24-171159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000119312524171159/0001193125-24-171159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000119312524171159/d822789d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:42:27.370730+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}