Kinetik Q2 FY26 net income rises to $123.11 million; Adjusted EBITDA climbs to $280.78 million
Reuters2026/08/05 21:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Kinetik posted Q2 2026 net income (GAAP) of USD 123.1 million; adjusted EBITDA (non-GAAP) rose 15.58% to USD 280.8 million.
- Revenue climbed 36.25% to USD 581.4 million; free cash flow (non-GAAP) more than doubled to USD 105.2 million.
- Midstream Logistics adjusted EBITDA (non-GAAP) increased 35% to USD 204.8 million; Pipeline Transportation adjusted EBITDA slipped 14% to USD 83 million.
- Processed gas volumes totaled 1.74 Bcf/d, flat year-over-year, despite an estimated 250 MMcf/d of Waha price-related shut-ins.
- Raised full-year 2026 adjusted EBITDA (non-GAAP) outlook to USD 1.04 billion-USD 1.1 billion; capital expenditures guidance lifted to about USD 560 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinetik Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805695706) on August 05, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Analyst: XRP Is In Buy Zone Right Now. I Expect Next Top After Breakout
TimesTabloid•2026/09/07 20:03
Northstar Gold presents Bryce property as drill-ready 4,650-ha gold-copper option opportunity
Reuters•2026/09/07 19:54
Poste Italiane raises TIM offer by EUR 0.30 a share to EUR 1.97 cash plus 0.218 Poste shares
Reuters•2026/09/07 19:50
Asia FX: Stronger Dollar and Oil weigh on CNY and peers – BNY
FXStreet•2026/09/07 19:42
Crypto prices
MoreBitcoin
BTC
$79,338.93
-0.59%
Ethereum
ETH
$2,494.95
+0.18%
Tether USDt
USDT
$0.9998
-0.01%
BNB
BNB
$741.63
-0.99%
XRP
XRP
$1.4
-0.56%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$104.34
-1.11%
TRON
TRX
$0.3345
-0.15%
Hyperliquid
HYPE
$85.49
-2.18%
Zcash
ZEC
$1,163.69
-4.36%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now