Kinetik (KNTK) Q1 2026 Earnings Report Highlights Record Adjusted EBITDA and Segment Performance
Kinetik (KNTK) reported Q1 2026 earnings with a record adjusted EBITDA of $251 million, surpassing guidance. The Midstream Logistics segment saw a 12% year-over-year increase in adjusted EBITDA to $179 million, while the Pipeline Transportation segment declined due to asset divestitures and lower volumes. The company also hedged 50% of transport spread exposure and 75-85% of other commodity volumes.
Topics: adjusted_ebitda cash_flow commodity_exposure earnings segment_performance