secwatch.observer — SEC 8-K summary
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Issuer:     Kinetik Holdings Inc. (KNTK)
CIK:        0001692787
Form:       8-K
Filed at:   2026-08-05T23:02:58+00:00
Accession:  0001692787-26-000114
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kinetik reports record Q2 2026 Adjusted EBITDA of $280.8M; raises full-year guidance to $1.04-1.1B
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- Net income of $123.1M; Adjusted EBITDA $280.8M, a record; Distributable Cash Flow $194.9M.
- Full-year 2026 Adjusted EBITDA guidance raised to $1.04-1.1B (midpoint +7% vs. Feb guidance).
- Midstream Logistics segment Adjusted EBITDA $204.8M, up 35% YoY; processed volumes 1.74 Bcf/d.
- Dividend of $0.81/share maintained; coverage ratio 1.47x; KLII FID and ECCC Pipeline in service.
- Capex guidance raised to ~$560M; exit rate processed gas volume expected near 2.2 Bcf/d.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692787/000169278726000114/0001692787-26-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692787/000169278726000114/apa-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001692787-26-000114

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