{"schema_version":"secwatch.filing_event.v1","accession":"0001692787-23-000011","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.073860+00:00","generated_at":"2026-06-15T22:22:18.925901+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kinetik Q1 net income $4.3M, adjusted EBITDA $187.5M; April gas volumes record 1.52 Bcf/d","bullets":["Net income $4.3M; Adjusted EBITDA $187.5M; DCF $126.7M; FCF $25.8M.","April processed gas volumes averaged 1.52 Bcf/d, a record, up ~21% versus Q4 2022.","Acquired midstream assets in Reeves County, TX for $65M; also paid $60M incentive to accelerate drilling.","2023 Adjusted EBITDA guidance tracking to high end of $800M-$860M; capex trending to upper end.","Reduced unhedged commodity exposure to 6% of gross profit; fixed SOFR on $2.25B debt through May 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001692787-23-000011","json":"https://secwatch.observer/filing/0001692787-23-000011.json","markdown":"https://secwatch.observer/filing/0001692787-23-000011.md","text":"https://secwatch.observer/filing/0001692787-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000169278723000011/0001692787-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000169278723000011/apa-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:22:18.925901+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":[{"claim_id":"ced9aa86eb215f162903a66ac6a9a321a4894c1c","claim":"Kinetik Holdings Inc. reported for the quarter ended March 31, 2023 results: net income $4.3 million.","evidence_excerpt":"On May 3, 2023, Kinetik Holdings Inc. issued a press release announcing financial and operating results for the fiscal quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692787/000169278723000011/0001692787-23-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the quarter ended March 31, 2023"},{"label":"Net income","value":"$4.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}