{"schema_version":"secwatch.filing_event.v1","accession":"0001692787-26-000047","form_type":"8-K","ticker":"KNTK","cik":"0001692787","company_name":"Kinetik Holdings Inc.","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.909985+00:00","generated_at":"2026-05-15T23:41:02.143653+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 reports record 2025 Adjusted EBITDA of $987.7M; 2026 guidance $950M-$1,050M","bullets":["Q4 net income $416.7M, FY net income $525.9M; Adj. EBITDA Q4 $252.1M, FY $987.7M (record).","Gas processed volumes 1.79 Bcf/d in Q4 (+3% YoY); Midstream Logistics Adj. EBITDA up 15% YoY to $173.1M.","2026 Adj. EBITDA guidance $950M-$1,050M; capex $450M-$510M; expects high single-digit volume growth.","Amended G&P contracts with two largest customers extending into mid-2030s; FID on 40 MW power project.","Repurchased $176M of Class A common stock in 2025; new capital allocation targets 3.5x-4.0x leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001692787-26-000047","json":"https://secwatch.observer/filing/0001692787-26-000047.json","markdown":"https://secwatch.observer/filing/0001692787-26-000047.md","text":"https://secwatch.observer/filing/0001692787-26-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692787/000169278726000047/0001692787-26-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692787/000169278726000047/apa-20260225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:41:02.143653+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"}