{"schema_version":"secwatch.filing_event.v1","accession":"0001692787-25-000064","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.162854+00:00","generated_at":"2026-05-16T23:48:19.333387+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Kinetik Reports Q3 2025 Results, Revises 2025 Adjusted EBITDA Guidance Downward","bullets":["Q3 2025 net income including noncontrolling interest of $15.5M; Adjusted EBITDA $242.6M; Distributable Cash Flow $158.5M; Free Cash Flow $50.9M.","2025 Adjusted EBITDA guidance revised to $965M-$1.005B (from prior range) due to Kings Landing ramp delays, producer development delays, and low commodity prices.","Kings Landing complex reached full commercial in-service late September 2025, adding >200 Mmcf/d processing capacity; FID on acid gas injection project by year-end 2026.","Closed divestiture of 27.5% interest in EPIC Crude for >$500M net cash, used to pay down credit facility and fund organic growth projects.","Executed five-year LNG pricing agreement with INEOS for 0.5 MTPA at Port Arthur LNG and secured additional firm transport capacity to Gulf Coast."],"urls":{"canonical":"https://secwatch.observer/filing/0001692787-25-000064","json":"https://secwatch.observer/filing/0001692787-25-000064.json","markdown":"https://secwatch.observer/filing/0001692787-25-000064.md","text":"https://secwatch.observer/filing/0001692787-25-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000169278725000064/0001692787-25-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000169278725000064/apa-20251105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:48:19.333387+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"}