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Kinetik Announces Fourth Quarter Dividend and Financial Results Timing

1. Kinetik declared a quarterly dividend of $0.78 per share. 2. Dividend payment is scheduled for February 12, 2025. 3. Kinetik will host a Q4 2024 results call on February 27, 2025. 4. Shareholders can participate in the Dividend Reinvestment Plan (DRIP). 5. Kinetik operates in the Permian-to-Gulf Coast midstream space.

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Why Bullish?

The dividend announcement indicates financial stability and may attract investors, similar to past dividend increases that positively influenced stock performance.

How important is it?

The dividend declaration is a relevant factor impacting KNTK due to its potential to enhance shareholder value and potentially stabilize the stock price.

Why Short Term?

The immediate effect of the dividend is expected to be seen in the short term, similar to past dividend announcements which led to quick positive market reactions.

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KNTK
HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis, for the fourth quarter ended December 31, 2024. The announced quarterly dividend will be paid on Wednesday, February 12, 2025 to shareholders of record as of market close on Monday, February 3, 2025. Kinetik will host its fourth quarter 2024 results conference call on Thursday, February 27, 2025 at 8:00 am Central Standard Time (9:00 am Eastern Standard Time) to discuss fourth quarter results. The Company will issue its earnings release after market close on Wednesday, February 26, 2025. The text of the earnings release, the accompanying presentation and link to the live webcast will be available on the Company’s website at www.ir.kinetik.com. A replay of the conference call will also be available on the website following the call. Kinetik previously implemented a Dividend Reinvestment Plan (the “DRIP” or the “Plan”) open to all shareholders. A complete description of the Plan is included in the Company’s Form S-3 registration statement filed with the SEC on July 12, 2024 and is posted on the Company’s website at www.kinetik.com. To participate, shareholders of record may register online by visiting the Broadridge website at shareholder.broadridge.com/KNTK or by contacting Broadridge Corporate Issuers, LLC, the Plan Administrator, by telephone toll free from inside the United States at 1-(877)-830-4936 or outside of the United States at 1-(720)-378-5591. Shareholders may also contact the Plan Administrator in writing at Broadridge Shareholder Services, Broadridge Corporate Issuer Solutions, LLC, PO Box 1342, Brentwood, NY 11717-0718. Please include a reference to Kinetik Holdings Inc. in all correspondence. Shareholders who own common stock through a broker should consult their broker regarding participation in the Plan. About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website, www.kinetik.com.

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