Kinetik Holdings raises 2026 adjusted EBITDA outlook by $70 million, citing record financial performance and operational execution.
Kinetik Holdings updated its 2026 adjusted EBITDA guidance to a range of $1.04 billion to $1.1 billion, reflecting a $70 million increase at the midpoint. The revision follows the company’s strongest financial results to date, driven by operational strength and a $560 million capital expenditure plan for the year.
The new guidance represents a 7% upward adjustment from prior expectations. Management attributed the improved outlook to exceptional execution in the second quarter, though specific prior guidance or consensus estimates were not detailed in the update.
No immediate market reaction was disclosed in the earnings call summary. The company’s shares are publicly traded under the ticker KNTK.