{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-197243","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2025-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.689239+00:00","generated_at":"2026-05-17T07:59:24.024190+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Kinetik sells 27.5% EPIC Crude stake to Plains for $500M upfront plus $96M earnout","bullets":["Kinetik will receive ~$500M upfront cash and up to $96M in contingent earnout for its 27.5% interest in EPIC Crude.","Implied upfront valuation for 100% of EPIC at $2.85B; contingency valuation $350M.","Transaction expected to close by early 2026, pending HSR antitrust clearance.","Proceeds to fund growth projects and potential acceleration of shareholder returns.","Vinson & Elkins LLP served as legal counsel to Kinetik."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-197243","json":"https://secwatch.observer/filing/0001193125-25-197243.json","markdown":"https://secwatch.observer/filing/0001193125-25-197243.md","text":"https://secwatch.observer/filing/0001193125-25-197243.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000119312525197243/0001193125-25-197243-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000119312525197243/d50506d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:59:24.024190+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"}