{"schema_version":"secwatch.filing_event.v1","accession":"0001692787-25-000024","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.364118+00:00","generated_at":"2026-05-22T08:27:07.239617+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 $19.3M, Adj EBITDA $250M; volumes up 17% YoY; repurchase program expanded to $500M","bullets":["Net income of $19.3M; Adjusted EBITDA of $250M, up 7% YoY; gas processed volumes 1.80 Bcf/d, up 17% YoY.","Board authorized $500M share repurchase increase; senior management to take stock in lieu of salary.","Kings Landing complex commissioning expected in six weeks, operations early Q3 2025.","2025 Adjusted EBITDA guidance reaffirmed at $1.09-1.15B; CEO sees first-half annualized ~$1B, Q4 ~$1.2B.","Issued $250M of 6.625% sustainability-linked notes; net debt $3.73B, leverage ratio 3.4x."],"urls":{"canonical":"https://secwatch.observer/filing/0001692787-25-000024","json":"https://secwatch.observer/filing/0001692787-25-000024.json","markdown":"https://secwatch.observer/filing/0001692787-25-000024.md","text":"https://secwatch.observer/filing/0001692787-25-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000169278725000024/0001692787-25-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000169278725000024/apa-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:27:07.239617+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"}