Quarterly ResultAug 6, 2026, 04:48 PM
Kinetik Q2 Net Income $49.5M, EPS $0.64; Revenue $581.4M
AI Summary
Kinetik Holdings Inc. reported strong financial results for the second quarter and first half of 2026. Q2 net income attributable to Class A Common Stock more than doubled to $49.5 million, with diluted EPS rising to $0.64. Total operating revenues for the quarter increased significantly to $581.4 million. The company also saw an increase in net cash provided by operating activities for the six-month period, reaching $341.5 million.
Key Highlights
- Q2 2026 net income attributable to Class A Common Stock was $49.5 million.
- Q2 2026 diluted EPS increased to $0.64 from $0.33 year-over-year.
- Total operating revenues for Q2 2026 reached $581.4 million.
- Six-month 2026 total operating revenues were $991.4 million.
- Net cash provided by operating activities for H1 2026 was $341.5 million.
- Equity in earnings of unconsolidated affiliates was $57.4 million in Q2 2026.
- Cash dividends paid to Class A shareholders totaled $112.1 million in H1 2026.
- Property, plant and equipment expenditures were $192.3 million in H1 2026.
Price Impact
More from KNTK