Kinetik Holdings affirms 2026 adjusted EBITDA outlook $950M-$1.05B

The company said, “Kinetik affirms full year 2026 Adjusted EBITDA guidance to be between $950 million and $1,050 million. Year-over-year processed gas volume is now estimated to grow low- to mid-single-digit percentage points. Original processed gas volume assumptions contemplated approximately 100 Mmcf/d of Waha price-related production shut-ins on average for the full year. The Company now estimates approximately 220 Mmcf/d of curtailments and additional 2026 timing adjustments to certain producer developments. Kinetik is also maintaining its 2026 Capital Expenditures guidance (including maintenance) of $450 million to $510 million for the full year.”