Kinetik Holdings Reports Record Natural Gas Volumes and Strong Q3 2026 Adjusted EBITDA
Kinetik Holdings (KNTK) reported strong third-quarter 2026 financial results, highlighted by record processed natural gas volumes of 1.94 billion cubic feet per day. The company achieved an Adjusted EBITDA of $278.1 million, driven largely by growth in its Midstream Logistics segment, which saw a 34% year-over-year increase due to higher commodity margins and processed volumes. Despite an 18% decline in Pipeline Transportation Adjusted EBITDA following the divestiture of EPIC Crude interests, Kinetik raised its full-year 2026 Adjusted EBITDA guidance toward the high end of its $1.04 billion to $1.1 billion range. The company is also demonstrating disciplined capital management, lowering its annual capital expenditure forecast by 5% while continuing strategic expansions like the Kings Landing II and ECCC Pipeline projects.
Tickers: $KNTK
Topics: Capital Expenditures Dividend Coverage EBITDA Financial Guidance Natural Gas Volumes