Kinetik Holdings INC 8-K filings

Kinetik Holdings Inc. has expanded its Board of Directors with the appointment of energy industry veteran Craig Harris.

Kinetik Holdings Inc. stockholders re-elected ten directors, approved executive compensation, and ratified KPMG LLP as auditor.

Kinetik Holdings Inc. announced an amendment to its accounts receivable securitization facility, extending its termination date and adjusting its limit.

Kinetik Holdings Inc. reported record full-year 2025 Adjusted EBITDA of $987.7 million and issued 2026 guidance projecting a 7% increase at the midpoint.

Kinetik Holdings Inc. reported a significant drop in Q3 2025 net income and lowered its full-year Adjusted EBITDA guidance amidst market headwinds, despite achieving key strategic milestones.

Kinetik Holdings Inc. announced the sale of its 27.5% equity interest in EPIC Crude Holdings, LP for an upfront cash payment of approximately $500 million, plus a contingent earnout of $96 million.

Kinetik Holdings Inc. reported mixed second quarter 2025 financial results, including $74.4 million net income and $242.9 million Adjusted EBITDA, while updating its full year 2025 Adjusted EBITDA guidance.

Kinetik Holdings Inc. disclosed the retirement of its Chief Strategy Officer, Anne Psencik, effective June 30, 2025, along with details of her separation and a new consulting agreement.

Kinetik Holdings LP, a subsidiary of Kinetik Holdings Inc., has successfully entered into new senior unsecured revolving and term loan credit agreements totaling $2.75 billion, simultaneously terminating its previous 2022 credit facilities.

Kinetik Holdings Inc. held its annual meeting on May 19, 2025, and stockholders voted on the election of directors, executive compensation, and the ratification of the independent auditor.

Kinetik Holdings Inc. announces first quarter 2025 financial results, reporting net income of $19.3 million and Adjusted EBITDA of $250.0 million, while affirming its full-year Adjusted EBITDA guidance.

Anne Psencik, Chief Strategy Officer of Kinetik Holdings Inc., will retire effective June 30, 2025, and will continue to support the company as a consultant.

Kinetik Holdings Inc. increases its accounts receivable securitization facility to $250 million and extends the termination date to March 31, 2026.

Kinetik Holdings LP priced a $250 million offering of 6.625% sustainability-linked senior notes due 2028 to repay borrowings and for general corporate purposes.

Jesse Krynak will resign from the Board of Directors of Kinetik Holdings Inc. effective immediately, and will not seek reelection at the 2025 annual meeting.

Kinetik Holdings Inc. announces record full year 2024 financial results, including a net income of $244.2 million and Adjusted EBITDA of $971.1 million, and provides 2025 guidance with an expected Adjusted EBITDA between $1.09 billion and $1.15 billion.

Kinetik Holdings Inc. reports the resignation of Elizabeth Cordia from the Board of Directors and the appointment of Karen Putterman as her replacement, effective January 15, 2025.

Kinetik Holdings announced record third-quarter results, including a 94% year-over-year increase in net income and a 23% increase in Adjusted EBITDA, while also raising its full-year Adjusted EBITDA guidance.

Kinetik Holdings Inc. has announced that its General Counsel and Chief Compliance Officer, Todd Carpenter, will retire effective February 28, 2025.

Kinetik Holdings Inc. has filed an amended 8-K report including historical financial statements for Durango Permian LLC and pro forma financial information following its acquisition.

Kinetik Holdings Inc. announced a 52% year-over-year increase in net income for the second quarter of 2024, alongside a revised and increased full-year Adjusted EBITDA guidance.

Kinetik Holdings Inc. finalized its acquisition of Durango Permian LLC, funded by the divestiture of its Gulf Coast Express pipeline stake, significantly expanding its Delaware Basin operations.

Kinetik Holdings Inc. has finalized the sale of its 16% stake in the Gulf Coast Express Pipeline for $540 million, including a potential $30 million earn-out.

Kinetik Holdings Inc. stockholders approved an amended compensation plan, elected eleven directors, and ratified the appointment of KPMG as the independent auditor at their annual meeting on May 20, 2024.

Kinetik is set to acquire Durango Permian LLC, expand its operations in the Delaware Basin, and divest its interest in the Gulf Coast Express pipeline for a total of $1 billion in strategic transactions.

Kinetik Holdings Inc. announced a significant 724% year-over-year increase in net income for the first quarter of 2024, alongside a 25% increase in Adjusted EBITDA.

Kinetik Holdings Inc. has entered into a $150 million accounts receivable securitization facility and appointed William Ordemann to its Board of Directors, while also announcing the resignation of Ben Rodgers.

Kinetik Holdings Inc. announced a secondary offering of 11,373,801 shares of its Class A common stock by Apache Midstream LLC, with an option for underwriters to purchase an additional 1,706,070 shares.

Kinetik Holdings Inc. has implemented new executive and employee severance plans, outlining benefits upon certain terminations, including payments, accelerated vesting, and continued health coverage.

Kinetik Holdings announced robust financial results for the fourth quarter and full year 2023, alongside an optimistic outlook for 2024, driven by strategic growth projects and increased operational efficiency.