Kinetik Holdings Inc. (KNTK) Misses Q3 EPS by 28c

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Kinetik Reports Third Quarter 2023 Financial and Operating Results

November 8, 2023 4:51 PM EST

Generated third quarter net income of $43.1 million and Adjusted EBITDA1 of $215.3 million Achieved quarterly gas processed volumes of 1.49 Bcf/d, up 23% year-over-year Updated the Companys 2023 Adjusted EBITDA1 Guidance range to $820 million to $860 million 2023 Capital Expenditures expected to be at the top end of the Companys Guidance range of $490 million to $540 million

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)-- Kinetik Holdings Inc. (NYSE: KNTK) (Kinetik or the Company) today reported financial results for the quarter ended... More