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Kinetik Holdings posts 36% revenue growth and strong Q2 results, boosting long-term outlook.

Market News
07 Aug 2026
Seeking Alpha
View Source
Bullish
Kinetik Holdings posts 36% revenue growth and strong Q2 results, boosting long-term outlook.

Kinetik Holdings reported record Q2 results with 36% revenue growth and 35% adjusted EBITDA growth, driven by natural gas liquids recoveries and downstream optimization. The company’s growth is supported by expansion projects such as Kings Landing II and the ECCC Pipeline, enhancing access to the Gulf Coast and promising multi-year EBITDA growth. Despite a high EV/EBITDA multiple, Kinetik’s forward price-to-cash-flow discount and solid backlog execution make it an attractive long-term investment with manageable risks and leverage. This positions Kinetik as a key player in monetizing constraints in the Delaware Basin midstream value chain.

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