---
schema_version: "secwatch.filing_event.v1"
accession: "0001692787-23-000022"
form_type: "8-K"
ticker: "KNTK"
cik: "0001692787"
company_name: "Kinetik Holdings Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:18:01.377974+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kinetik Q2 net income $71.7M, Adjusted EBITDA $208.0M; gas processed volumes hit record 1.48 Bcf/d

## Summary
- Record quarterly gas processed volumes of 1.48 Bcf/d, up 10% QoQ and 25% YoY.
- Executed new gathering agreement in Lea County, NM with multi-year minimum volume commitment; in-service Q1 2024.
- 2023 Adjusted EBITDA guidance tracking to high end of $800-860M range; capex at top end of $490-540M.
- Declared dividend of $0.75/share ($3.00 annualized); 117M shares elected reinvestment, $21.6M cash payout.
- Delaware Link residue pipeline expected in-service October 1; PHP expansion on track for December 2023.

## SEC filing metadata
- accession: 0001692787-23-000022
- form_type: 8-K
- ticker: KNTK
- cik: 0001692787
- company_name: Kinetik Holdings Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692787/000169278723000022/0001692787-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692787/000169278723000022/apa-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692787-23-000022
- JSON: https://secwatch.observer/filing/0001692787-23-000022.json
- Plain text: https://secwatch.observer/filing/0001692787-23-000022.txt

## Key facts
- Earnings Releases
  Kinetik Holdings Inc. reported the quarter ended June 30, 2023 results: net income $71.7 million.
  - Period: the quarter ended June 30, 2023
  - Net income: $71.7 million
  - Result: reported results
  source text: On August 7, 2023, Kinetik Holdings Inc. issued a press release announcing financial and operating results for the fiscal quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692787/000169278723000022/0001692787-23-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.