Business

Kinetik Reports First Quarter 2025 Financial and Operating Results

HOUSTON & MIDLAND, Texas, May 07, 2025--Kinetik Holdings Inc. (NYSE: KNTK) ("Kinetik" or the "Company") today reported financial results for the quarter ended March 31, 2025.

articleKinetik Holdings Inc.May 7, 202519/company/kinetik-holdings-inc/news/kinetik-reports-first-quarter-2025-203000167
Kinetik Reports First Quarter 2025 Financial and Operating Results

About this update from Kinetik Holdings Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2649,"height":518,"url":"https://media.zenfs.com/en/business-wire.com/04c827069bf38b817833ad765189e5aa"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/55mQ0hv0OiAMVcrWLt6J1A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTE4ODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/04c827069bf38b817833ad765189e5aa","width":960,"height":188},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/g3nPRzSbp4Bjh_IIuRMWOw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD00NzA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/04c827069bf38b817833ad765189e5aa","width":1200,"height":235}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Generated first quarter net income of $19.3 million and Adjusted EBITDA1 of $250.0 million","length":90,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Achieved quarterly gas processed volumes of 1.80 Bcf/d, up 17% year-over-year","length":77,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Progressed construction on the 220 Mmcf/d Kings Landing Complex ("Kings Landing") in New Mexico with commissioning expected to start in six weeks and commencing operations in early third quarter of 2025","length":212,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Affirming 2025 Adjusted EBITDA1 Guidance range of $1.09 billion to $1.15 billion and Capital Guidance range of $450 million to $540 million","length":139,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Kinetik’s Board of Directors authorized an increase to its existing share repurchase program to $500 million","length":108,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":626,"olType":false},{"type":"text","content":"HOUSTON & MIDLAND, Texas, May 07, 2025--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) ("Kinetik" or the "Company") today reported financial results for the quarter ended March 31, 2025.","length":215,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Results and Commentary","length":41,"tagName":"p"},{"type":"text","content":"For the three months ended March 31, 2025, Kinetik reported net income including noncontrolling interest of $19.3 million.","length":122,"tagName":"p"}...

More updates from Kinetik Holdings Inc.

free cash flowFree cash flowKinetikKinetik Holdings Inc.