Kinetik Holdings Inc. Files 8-K with Material Agreement
Ticker: KNTK · Form: 8-K · Filed: Sep 5, 2025 · CIK: 1692787
Sentiment: neutral
Topics: material-agreement, natural-gas, filing
TL;DR
Kinetik Holdings Inc. signed a material definitive agreement on Aug 30, 2025. Expect updates.
AI Summary
Kinetik Holdings Inc. entered into a material definitive agreement on August 30, 2025. The filing also includes Regulation FD disclosures and financial statements and exhibits. The company, formerly known as Altus Midstream Co and Kayne Anderson Acquisition Corp, is incorporated in Delaware and operates in natural gas transmission.
Why It Matters
This 8-K filing indicates a significant new agreement for Kinetik Holdings Inc., which could impact its operations and financial standing in the natural gas transmission sector.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood, warranting a medium risk assessment.
Key Players & Entities
- Kinetik Holdings Inc. (company) — Registrant
- Altus Midstream Co (company) — Former Company Name
- Kayne Anderson Acquisition Corp (company) — Former Company Name
- August 30, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Kinetik Holdings Inc.?
The filing states that Kinetik Holdings Inc. entered into a material definitive agreement on August 30, 2025, but the specific details of this agreement are not provided in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 30, 2025.
What is Kinetik Holdings Inc.'s primary industry?
Kinetik Holdings Inc. operates in the NATURAL GAS TRANSMISSION industry, with a Standard Industrial Classification code of 4922.
What were Kinetik Holdings Inc.'s former company names?
Kinetik Holdings Inc. was formerly known as Altus Midstream Co and Kayne Anderson Acquisition Corp.
In which state is Kinetik Holdings Inc. incorporated?
Kinetik Holdings Inc. is incorporated in Delaware.
Filing Stats: 1,094 words · 4 min read · ~4 pages · Grade level 12.8 · Accepted 2025-09-05 16:22:48
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share KNTK New York Stock Excha
- $1.8 billion — a total purchase price of approximately $1.8 billion (the "EPIC Sale"), consisting of approx
- $1.6 billion — PIC Sale"), consisting of approximately $1.6 billion of cash (subject to customary adjustmen
- $192.5 million — the "Purchase Price") and an additional $192.5 million of contingent cash in the form of an ea
- $500 million — will collectively receive approximately $500 million of upfront cash consideration in exchan
- $96 million — erest in EPIC, as well as approximately $96 million attributable to the Earn Out. The EPIC
Filing Documents
- d50506d8k.htm (8-K) — 30KB
- d50506dex101.htm (EX-10.1) — 389KB
- d50506dex991.htm (EX-99.1) — 7KB
- 0001193125-25-197243.txt ( ) — 630KB
- kntk-20250830.xsd (EX-101.SCH) — 3KB
- kntk-20250830_lab.xml (EX-101.LAB) — 18KB
- kntk-20250830_pre.xml (EX-101.PRE) — 11KB
- d50506d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Purchase and Sale Agreement, dated as of August 30, 2025, by and among Altus Midstream Processing LP, Kinetik EC Holdco LLC, Rattler Midstream Operating LLC, Rattler OMOG LLC, Plains BK Holdco LLC and, solely for the purposes set forth therein, each of Kinetik Holdings LP, Rattler Midstream LP and Plains All American Pipeline, L.P. 99.1 Press Release, dated September 2, 2025, issued by Kinetik Holdings Inc. (furnished solely for purposes of Item 7.01 of this Form 8-K). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Certain schedules and similar attachments to this exhibit have been omitted pursuant to Item 601(a)(5) and/or Item 601(b)(10)(iv), as applicable, of Regulation S-K. The Company agrees to furnish an unredacted, supplemental copy (including any omitted schedule or attachment) to the SEC upon request. Redactions and omissions are designated with brackets containing asterisks. * Certain portions of this exhibit have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. The Company agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 5, 2025 KINETIK HOLDINGS INC. By: /s/ Lindsay Ellis Name: Lindsay Ellis Title: General Counsel, Chief Compliance Officer and Corporate Secretary 3