KNTK

In April 2026, Kinetik declared a quarterly cash dividend of $0.81 per share, payable in May 2026, and released its first-quarter 2026 results in early May. S&P Global Ratings affirmed Kinetik's 'BB+' issuer credit rating with a positive outlook in May 2026, citing increased scale and maintained leverage. The company reported record second-quarter 2026 results in August, with $123.1 million in net income and $280.8 million in Adjusted EBITDA, leading to a raised full-year 2026 Adjusted EBITDA guidance of $1.04–$1.10 billion. Strategic updates included the Final Investment Decision (FID) on the Kings Landing II plant, the ECCC Pipeline entering service, and an acid gas injection project targeting year-end 2026. Another quarterly dividend of $0.81 per share was declared in July 2026. In early October 2026, a major shareholder, ISQ Global Fund II GP LLC, sold over $9 million of Kinetik stock near its 52-week high of $56.92, following strong year-to-date and twelve-month returns, though the stock also experienced a 15% decline around October 3, 2026.