secwatch.observer — SEC 8-K summary
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Issuer:     Kinetik Holdings Inc. (KNTK)
CIK:        0001692787
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001692787-25-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinetik Q2 net income $74.4M, Adj EBITDA $242.9M; updates FY2025 guidance to $1.03-1.09B
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- Net income $74.4M; Adjusted EBITDA $242.9M for Q2 2025.
- Processed gas volumes 1.75 Bcf/d, up 11% YoY.
- Full-year 2025 Adj EBITDA guidance narrowed to $1.03B–$1.09B; Q4 annualized run-rate ~$1.2B.
- Kings Landing commissioning started; full commercial in-service expected late September 2025.
- Closed $172.6M in share repurchases YTD; refinanced Term Loan A and Revolver extending maturities to 2028/2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692787/000169278725000047/0001692787-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692787/000169278725000047/apa-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001692787-25-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer