Kinetik forecasts 2026 adjusted EBITDA between $950M and $1.05B as Waha curtailments reach approximately 220 MMcf/d.
Kinetik announced a 2026 adjusted EBITDA range of $950M to $1.05B, reflecting strong operational performance and new agreements. The company cited rising Waha curtailments, now at roughly 220 MMcf/d, as a key factor in its outlook.
In Q1 2026, Kinetik reported record earnings, driven by expanded contracts in Texas and New Mexico. The guidance aligns with management’s focus on converting opportunities into long-term agreements amid market volatility.
The company did not disclose immediate market reactions to the updated forecast or curtailment figures.