Kinetik Holdings operates midstream energy infrastructure concentrated in the Delaware Basin portion of the Permian. Its network gathers, processes, treats, and transports natural gas and related products for producers in one of North America’s most active oil and gas regions. The business model centers on fee-based midstream services rather than upstream exploration.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 443.3 | — | 2.8 | — |
| Q2 2025 | 426.7 | — | 20.2 | — |
| Q3 2025 | 464 | — | 1.9 | — |
| Q4 2025 | 430.4 | — | 139.8 | — |
| Q1 2026 | 410 | -7.5% | -4.8 | -275.2% |
| Q2 2026 | 581.4 | 36.3% | 48.6 | 140.1% |
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