SCHEDULE: Goldman Sachs Reports 5.5% Stake in Kinetik Holdings

Goldman Sachs Asset Management, L.P. has disclosed a beneficial ownership of 5.5% of Kinetik Holdings Inc.'s Class A Common Stock as of March 31, 2026.

Summary

• Goldman Sachs Asset Management, L.P. (GSAM) has filed a Schedule 13G, indicating a beneficial ownership of 3,582,786 shares of Kinetik Holdings Inc. Class A Common Stock.
• This holding represents 5.5% of the total class of securities.
• The filing is an amendment (Amendment No. 1) and was made on April 3, 2026, with the event date requiring the filing being March 31, 2026.
• GSAM is filing as an investment adviser.
• The filing clarifies that this ownership pertains to specific operating units of The Goldman Sachs Group, Inc. and its affiliates, and disclaims beneficial ownership for certain client accounts or investment entities where discretion is limited or interests are held by others.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by an institutional investor and does not provide new operational or financial information about the company itself.

Positives

• Goldman Sachs Asset Management's significant stake indicates confidence in Kinetik Holdings Inc.'s potential.
• The filing is routine for institutional investors and suggests ongoing investment activity.

Negatives

• The filing does not contain any negative financial or operational information about Kinetik Holdings Inc. itself, as it is a disclosure of ownership by an external entity.

Risks

• As a Schedule 13G filing, it primarily concerns ownership disclosure and does not inherently detail operational risks of Kinetik Holdings Inc.
• Potential future changes in Goldman Sachs Asset Management's holdings could impact Kinetik Holdings Inc.'s stock price.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Kinetik Holdings Inc.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors like Goldman Sachs Asset Management when their ownership crosses certain thresholds. This filing indicates GSAM's role as a significant, passive investor in Kinetik Holdings Inc., a pattern observed across the energy infrastructure sector where large funds often take substantial stakes.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's presence, which can be viewed positively for stability, but also implies potential for future selling pressure if GSAM changes its strategy.
• Creditors: No direct impact is indicated by this ownership disclosure.
• Employees: No direct impact is indicated by this ownership disclosure.
• Suppliers/Customers: No direct impact is indicated by this ownership disclosure.

Next Steps

• Goldman Sachs Asset Management will continue to hold or manage its stake in Kinetik Holdings Inc. according to its investment strategy.
• Kinetik Holdings Inc. will continue its operations as disclosed in its other SEC filings.

Key Dates

Keywords

Kinetik Holdings Inc., Goldman Sachs Asset Management, Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Investment Adviser, Equity Stake