---
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"
generated_at: "2026-05-22T08:27:07.239617+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kinetik Q1 net income $19.3M, Adj EBITDA $250M; volumes up 17% YoY; repurchase program expanded to $500M

## Summary
- 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.

## SEC filing metadata
- 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
- 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/1692787/000169278725000024/0001692787-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692787/000169278725000024/apa-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692787-25-000024
- JSON: https://secwatch.observer/filing/0001692787-25-000024.json
- Plain text: https://secwatch.observer/filing/0001692787-25-000024.txt

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