Kinetik NYSE: KNTK reported what President and Chief Executive Officer Jamie Welch described as the strongest financial results in the company's history for the second quarter of 2026, citing operating execution, system performance and a supportive commodity-price environment. The company raised its full-year Adjusted EBITDA guidance by $70 million at the midpoint and increased its capital spending outlook as it prepares for continued customer activity across the Permian Basin.
Kinetik Holdings is positioned as a constraint monetization platform in the Delaware Basin, leveraging integrated control across the midstream value chain. Record Q2 results featured 36% revenue growth, 35% Adjusted EBITDA growth, and strong dividend coverage, driven by NGL recoveries and downstream optimization. KNTK's growth outlook is underpinned by expansion projects like Kings Landing II, ECCC Pipeline, and increased Gulf Coast access, supporting multi-year EBITDA growth.
Kinetik Holdings Inc. (KNTK) Q2 2026 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 38 | $1,857.59 | $1,837.3 | -$20.29 | -1.09% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 45,003 | $2.18M | $2.21M | $37,787.54 | 1.74% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 821 | $39,681.62 | $41,961.31 | $2,279.69 | 5.74% |
| OD Olga Diatchkovski MILLER HOWARD INVESTMENTS Inc. /NY | 138,735 | $6.59M | $6.89M | $296,887.94 | 4.51% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 718 | $35,904.79 | $35,311.24 | -$593.55 | -1.65% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Jamie W. Welch CEO | NYSE Exchange | 02215L209 CUSIP |
| US Country | 500 Employees | 24 Jul 2026 Last Dividend | 9 Jun 2022 Last Split | 2 May 2017 IPO Date |
Kinetik Holdings Inc., established in 2017 and headquartered in Houston, Texas, operates as a midstream company primely focused on the Texas Delaware Basin. The company's operations are divided into two main segments: Midstream Logistics and Pipeline Transportation. Kinetik Holdings Inc. caters to the comprehensive needs of companies involved in the production of natural gas, natural gas liquids, and crude oil. In addition, it extends its services to manage water gathering and disposal, underscoring its pivotal role in facilitating the midstream processes crucial for the energy sector. Through its strategic location and expansive service offerings, Kinetik Holdings Inc. stands as a significant contributor to the efficiency and sustainability of energy transportation and processing.