Forward looking statements This presentation includes certain statements that may constitute forward-looking statements for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements…
Key highlights Progressed strategic projects in the quarter and executed upon finance-related objectives Q2 Financial Results Operational and Construction Commissioning at Kings Landing with full commercial in-service in late…
Updating 2025 Guidance and assumptions Key expectations and sensitivities reflected in full year guidance 2025 Financial Guidance 2025 Commodity Price Sensitivities(3) Range Guidance Prev. Guidance % Change in Potential (mm) Price…
Adjusted EBITDA Guidance(1) Earnings growth profile weighted to the second half of 2025 2025E Adjusted EBITDA(1) Maintaining 1.2bn annualized 4Q25E Adjusted EBITDA(1) 1.09bn 1.15bn 1.03bn 1.09bn Key Drivers to 2025E Adjusted…
2025E Capital Guidance(1) Current projects drive meaningful Adjusted EBITDA(2) growth over next several years 460mm 530mm Maintenance 7% Delaware North 71% 495mm(3) Delaware South 22% 265mm Key Drivers Construction…
Strategic capital investments drive growth in 2025 and beyond Highly accretive projects drive value creation and reinforce Kinetiks unique and attractive footprint Kings Landing Complex Adds 220 Mmcfpd of processing capacity, doubling…
Our finance-related objectives Maximize shareholder value while providing flexibility for opportunistic capital deployment 10% compound annual Adjusted EBITDA growth for the next 5 years(1,2) Current project backlog and contractual…
Kinetik at a glance ONE OF THE LARGEST PURE-PLAY MIDSTREAM COMPANIES SOLELY IN THE PERMIAN BASIN Offices in Midland and Houston, TX OPERATES 8 MAJOR COMPLEXES EQUITY INTERESTS INTERESTS IN & OVER 4,800 MILES OF PIPELINE IN…
For more information: Board of Viewpoint with Leadership Sustainability Directors Dennis Quaid
Glossary of terms Adjusted EBITDA (EBITDA) is defined as net income including non-controlling interests adjusted for interest, taxes, depreciation and amortization, impairment charges, asset write-offs, the proportionate EBITDA from…
Non-GAAP Measures Reconciliation Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Net Income Including Noncontrolling Interests to Adjusted EBITDA (In thousands) Net income including noncontrolling interest…
Non-GAAP Measures Reconciliation Six Months Ended June 30, 2025 2024 Reconciliation of net cash provided by operating activities to Adjusted EBITDA (In thousands) Net cash provided by operating activities 305,907 279,222 Net…
Non-GAAP Measures Reconciliation Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (In thousands) Distributable Cash Flow(1) Adjusted EBITDA (non-GAAP) 242,933 234,403 492,950 467,962 Proportionate EBITDA…
Non-GAAP Measures Reconciliation June 30, March 31, 2025 2025 (In thousands) Net Debt(1) Short-term debt 189,300 148,800 Long-term debt, net 3,736,972 3,568,457 Plus: Debt issuance costs, net 28,028 26,543 Total debt 3,954,300…