Kinetik Holdings (KNTK) reported record second-quarter 2026 results for the period ended June 30, with net income including noncontrolling interest of $123.1 million and total operating revenue of $581.4 million.
The company raised its full-year 2026 adjusted EBITDA guidance to $1.04 billion to $1.1 billion and increased 2026 capital expenditure guidance to about $560 million, including maintenance.
- Second-quarter adjusted EBITDA was $280.8 million, while distributable cash flow was $194.9 million and free cash flow was $105.2 million.
- Basic earnings per Class A common share were $0.65, and diluted earnings per Class A common share were $0.64.
- Kinetik reached a final investment decision on Kings Landing II, with completion expected in mid-2028.
- The ECCC Pipeline was placed into service, and right-of-way procurement began for an anticipated expansion.
- Processed natural gas volumes were 1.74 Bcf/d in the second quarter of 2026.
$KNTK Insider Trading Activity
$KNTK insiders have traded $KNTK stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $KNTK stock by insiders over the last 6 months:
- GLOBAL FUND II GP LLC ISQ has made 0 purchases and 9 sales selling 5,071,107 shares for an estimated $232,570,778.
- MATTHEW WALL (See Remarks) sold 3,222 shares for an estimated $151,176
- STEVEN STELLATO (See Remarks) sold 2,907 shares for an estimated $136,396
- TREVOR HOWARD (See Remarks) sold 1,619 shares for an estimated $75,963
- LINDSAY ELLIS (See Remarks) sold 1,260 shares for an estimated $59,119
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$KNTK Hedge Fund Activity
We have seen 178 institutional investors add shares of $KNTK stock to their portfolio, and 81 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ZIMMER PARTNERS, LP removed 2,602,250 shares (-95.1%) from their portfolio in Q1 2026, for an estimated $125,974,922
- CLEARBRIDGE INVESTMENTS, LLC added 1,371,969 shares (+5284.9%) to their portfolio in Q1 2026, for an estimated $66,417,019
- UBS GROUP AG added 1,110,627 shares (+147.3%) to their portfolio in Q1 2026, for an estimated $53,765,453
- BALYASNY ASSET MANAGEMENT L.P. added 863,333 shares (+1743.0%) to their portfolio in Q1 2026, for an estimated $41,793,950
- WELLINGTON MANAGEMENT GROUP LLP removed 729,359 shares (-45.3%) from their portfolio in Q1 2026, for an estimated $35,308,269
- GOLDMAN SACHS GROUP INC removed 637,531 shares (-14.1%) from their portfolio in Q1 2026, for an estimated $30,862,875
- HITE HEDGE ASSET MANAGEMENT LLC added 460,853 shares (+inf%) to their portfolio in Q1 2026, for an estimated $22,309,893
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
