Kinetik Holdings Inc. (KNTK) Q2 2026 Earnings Call Transcript

SA Transcripts 161.61K Followers Follow Kinetik Holdings Inc. ( KNTK ) Q2 2026 Earnings Call August 6, 2026 9:00 AM EDT Company Participants Alex Durkee - Director of Investor Relations Jamie Welch - President, CEO & Director Trevor Howard - Senior VP & CFO Matthew Wall - Executive VP & COO Conference Call Participants Spiro Dounis - Citigroup Inc., Research Division Jeremy Tonet - JPMorgan Chase & Co, Research Division Theresa Chen - Barclays Bank PLC, Research Division Jacqueline Koletas - Goldman Sachs Group, Inc., Research Division Keith Stanley - Wolfe Research, LLC Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Kinetik's Second Quarter 2026 Results. [Operator Instructions] I will now hand the conference over to Alex Durkee, Head of Investor Relations. Please go ahead. Alex Durkee Director of Investor Relations Good morning, and welcome to Kinetik's Second Quarter 2026 Earnings Conference Call. Our speakers today are Jamie Welch, President and Chief Executive Officer; and Trevor Howard, Senior Vice President and Chief Financial Officer. As a reminder, today's discussion will include forward-looking statements. Please refer to our SEC filings for a discussion of the risks that could cause actual results to differ materially. We will also reference certain non-GAAP financial measures. Reconciliations can be found in our earnings materials and on our website. With that, I will turn the call over to Jamie. Jamie Welch President, CEO & Director Thank you, Alex. Good morning, everyone. Kinetik delivered the strongest financial results in our history. Our performance was driven by exceptional operational execution, strong system performance and a supportive commodity price environment. I'm proud of our team whose focus, discipline and commitment to excellence continue to drive these results. Accordingly, we are updating our full year 2026 adjusted EBITDA guidance upwards by $70 million at the midpoint or 7%, reflecting the strong first half performance and confidence in the outlook for