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On August 5, Kinetik Holdings Inc. (NYSE:KNTK) reported the strongest quarterly results in company history and raised its full-year 2026 guidance. The Permian-focused midstream operator posted net income, including noncontrolling interest, of $123.1 million for the quarter ended June 30, while Adjusted EBITDA climbed to $280.8 million. Management didn’t stop at celebrating the number. It […]
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According to a September 9 Bloomberg report, Kinetik Holdings Inc. (NYSE:KNTK) is exploring strategic alternatives, including a potential sale, as midstream assets become increasingly attractive to infrastructure and energy buyers. Improving financial performance could strengthen the company’s negotiating position if it moves forward with a sale. In the second quarter, adjusted EBITDA increased to $280.8 […]
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