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Kinetik Holdings Inc. (KNTK) Q1 2026 Earnings Call Transc...
SA Transcripts · 2026-05-08 · via All Articles on Seeking Alpha

Q1: 2026-05-06 Earnings Summary

EPS of $0.77 beats by $0.53

 | 

Revenue of

$409.98M

(-7.51% Y/Y)

misses by $28.07M

Kinetik Holdings Inc. (KNTK) Q1 2026 Earnings Call May 7, 2026 9:00 AM EDT

Company Participants

Alex Durkee - Director of Investor Relations
Jamie Welch - President, CEO & Director
Trevor Howard - Senior VP & CFO
Kris Kindrick - Senior Vice President, Commercial

Conference Call Participants

Michael Blum - Wells Fargo Securities, LLC, Research Division
Spiro Dounis - Citigroup Inc., Research Division
Brandon Bingham - Scotiabank Global Banking and Markets, Research Division
Gabe Daoud - Truist Securities, Inc., Research Division
Jeremy Tonet - JPMorgan Chase & Co, Research Division
John Mackay - 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 First 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 First 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. Other members of our senior management team are also in attendance for this morning's call.

As a reminder, today's discussion will include forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. For a discussion of these factors, please refer to our SEC filings. We will also reference certain non-GAAP financial measures. Reconciliations to the most comparable GAAP measures 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 record earnings in the first quarter. This reflects key execution across our 3 core pillars, commercial, operations and financial.

Before walking through each in more