---
schema_version: "secwatch.filing_event.v1"
accession: "0001692787-24-000005"
form_type: "8-K"
ticker: "KNTK"
cik: "0001692787"
company_name: "Kinetik Holdings Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:54:35.308276+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kinetik reports Q4 net income $267.4M, guides 2024 Adjusted EBITDA $905M-$960M

## Summary
- Full year 2023 net income $386.5M, Adjusted EBITDA $838.8M at mid of revised guidance.
- 2024 Adjusted EBITDA guidance $905M-$960M (11% growth at midpoint); CapEx guided $125M-$165M.
- Dividend to be fully cash starting March 7, 2024; Q4 dividend $0.75/share, $3.00 annualized.
- Processed gas volumes exit-to-exit grew 22%; Delaware Link and PHP expansion placed in service Q4 2023.
- Pipeline Transportation segment expected to contribute 40% of 2024 Adjusted EBITDA.

## SEC filing metadata
- accession: 0001692787-24-000005
- form_type: 8-K
- ticker: KNTK
- cik: 0001692787
- company_name: Kinetik Holdings Inc.
- filed_at: 2024-02-29T23:59:59+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/1692787/000169278724000005/0001692787-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692787/000169278724000005/apa-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692787-24-000005
- JSON: https://secwatch.observer/filing/0001692787-24-000005.json
- Plain text: https://secwatch.observer/filing/0001692787-24-000005.txt

## Key facts
- Earnings Releases
  Kinetik Holdings Inc. updated its full year 2024 guidance (initiated).
  - Period: full year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: Issuing full year 2024 Adjusted EBITDA 1 guidance of $905 million to $960 million and $125 million to $165 million of 2024 Capital Expenditures 2 guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692787/000169278724000005/0001692787-24-000005-index.htm
- Earnings Releases
  Kinetik Holdings Inc. reported for the fiscal quarter ended December 31, 2023 results: net income $267.4 million.
  - Period: for the fiscal quarter ended December 31, 2023
  - Net income: $267.4 million
  - Result: reported results
  source text: On February 28, 2024, Kinetik Holdings Inc. issued a press release announcing financial and operating results for the fiscal quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692787/000169278724000005/0001692787-24-000005-index.htm

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