Kinetik Holdings Inc. (KNTK) Misses Q1 EPS by 29c; affirms guidance

Kinetik Holdings Inc. (NYSE: KNTK) reported Q1 EPS of ($0.07), $0.29 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $409.98 million versus the consensus estimate of $432.72 million.

2026 Guidance Affirmed

Kinetik affirms full year 2026 Adjusted EBITDA1 guidance to be between $950 million and $1,050 million. Year-over-year processed gas volume is now estimated to grow low- to mid-single-digit percentage points. Original processed gas volume assumptions contemplated approximately 100 Mmcf/d of Waha price-related production shut-ins on average for the full year. The Company now estimates approximately 220 Mmcf/d of curtailments and additional 2026 timing adjustments to certain producer developments.

Kinetik is also maintaining its 2026 Capital Expenditures2 guidance (including maintenance) of $450 million to $510 million for the full year.

For earnings history and earnings-related data on Kinetik Holdings Inc. (KNTK) click here.

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