KNTK Stock Cash Flow Statements

Kinetik Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Kinetik Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31

cash flows from operating activities:
net income including noncontrolling interest	74,416,000	19,262,000																								5,728,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization expense	93,763,000	92,673,000	87,947,000	87,583,000	75,061,000	73,606,000	72,715,000	69,935,000	69,482,000	68,854,000	67,736,000	65,005,000	66,581,000	61,023,000
amortization of deferred financing costs	2,012,000	1,972,000	1,941,000	1,915,000	1,883,000	1,699,000	1,593,000	1,546,000	1,534,000	1,521,000			3,149,000	3,389,000
amortization of contract costs	1,654,000	1,656,000	1,656,000	1,655,000	1,655,000	1,655,000	1,655,000	1,655,000	1,655,000	1,655,000	463,000	448,000	448,000	448,000
distributions from unconsolidated affiliates	63,604,000	63,337,000		71,028,000	75,429,000	77,213,000	-199,212,000	69,661,000				68,242,000	69,471,000	48,073,000
derivative settlement	-943,000	-4,714,000
derivative fair value adjustment	-37,541,000	22,171,000	8,775,000	2,314,000	4,667,000	1,957,000	7,357,000	-4,417,000	-48,381,000	11,770,000
gain on sale of equity method investment			35,000	-29,953,000
(gain) loss on disposal of assets	-25,000	-40,000
equity in earnings of unconsolidated affiliates	-58,705,000	-57,478,000
loss on debt extinguishment			0	0
share-based compensation	9,695,000	20,653,000	23,668,000	15,171,000	15,136,000	22,561,000	12,643,000	12,501,000	13,299,000	17,540,000	11,814,000	12,662,000	12,172,000	6,132,000
deferred income taxes	6,949,000	2,460,000		7,342,000	8,731,000	3,660,000		1,072,000	240,000	363,000	212,000	1,269,000	-63,000	676,000
changes in operating assets and liabilities:
accounts receivable and pledged receivable	19,114,000	-19,187,000	-36,525,000	42,347,000
other assets	-3,639,000	-1,886,000	11,729,000	-1,763,000	-3,831,000	1,865,000	1,123,000	265,000	-5,092,000	-2,206,000	5,341,000	2,309,000	-11,436,000	-456,000
accounts payable	-2,756,000	-7,090,000	12,512,000	-38,239,000	5,860,000	-20,982,000	20,584,000	-3,689,000	6,084,000	-3,175,000	-2,524,000	4,770,000	2,922,000	-6,766,000
accrued liabilities	-38,386,000	19,244,000	-7,728,000	21,765,000	-18,706,000	1,756,000	-15,361,000	74,902,000	-55,383,000	-10,679,000	-57,003,000	-6,419,000	28,133,000	73,961,000
other non-current liabilities	-1,114,000	23,550,000		0	-1,755,000	11,000		-10,000	-999,000	1,677,000
operating leases	344,000	247,000	-152,000	-45,000	-412,000	3,000	18,000	5,000	46,000	632,000
net cash from operating activities	129,077,000	176,830,000	143,990,000	214,134,000	125,517,000	153,705,000	178,895,000	174,538,000	111,456,000	119,591,000	159,762,000	184,326,000	170,525,000	98,393,000	51,324,000	57,340,000	57,783,000	43,272,000	26,847,000	50,650,000	35,259,000	51,538,000	36,837,000	17,748,000	11,634,000	10,054,000	1,699,490	-508,065	-371,219	-159,206
cash flows from investing activities:
property, plant and equipment expenditures	-127,294,000	-74,546,000	-107,739,000	-58,455,000	-39,375,000	-57,975,000	-67,062,000	-85,631,000	-101,305,000	-58,862,000	-45,682,000	-89,049,000	-42,195,000	-29,234,000
intangible assets expenditures	-8,638,000	-6,929,000	-4,585,000	-4,971,000	-550,000	-2,223,000	-1,615,000	-1,122,000	-4,202,000	-9,755,000	-2,087,000	-4,816,000	-4,957,000	-3,559,000
investments in unconsolidated affiliates	-97,000	-888,000		0	0	-3,273,000		-48,008,000
cash proceeds from sale of equity method investment			0	30,000,000
cash proceeds from disposal of assets
net cash paid for acquisition				8,083,000
net cash from investing activities	-131,466,000	-260,138,000	-110,978,000	-109,211,000	105,282,000	-61,980,000	-103,720,000	-134,697,000	-201,435,000	-246,468,000	-69,712,000	-147,359,000	-49,667,000	-19,392,000	7,584,000	12,488,000	1,934,000	-13,222,000	-37,080,000	-125,985,000	-77,680,000	-97,615,000	-188,641,000	-617,349,000	-415,147,000	-282,551,000
cash flows from financing activities:
proceeds from borrowing under a/r facility	64,700,000	8,600,000
payments on a/r facility			-14,600,000	0
proceeds from borrowings from long-term debt	1,150,000,000	250,000,000
payments on long-term debt
payments of debt issuance costs	-8,192,000	-2,497,000	0	0
payments of debt discount
proceeds from revolving line of credit
payments on revolving line of credit
cash dividends paid to class a common stock shareholders	-47,967,000	-46,983,000	-46,780,000	-44,902,000	-44,779,000	-38,747,000	-23,322,000	-21,834,000	-19,269,000	-16,927,000	-14,947,000	-13,112,000
distributions paid to class c common unit limited partners			-76,264,000	-73,332,000	-70,452,000	-721,000	-173,000
repurchase of class a common stock							0	0	-3,325,000	-2,432,000
net cash from financing activities	4,277,000	88,547,000	-49,844,000	-97,034,000	-228,006,000	-86,479,000	-70,733,000	-42,010,000	90,232,000	122,467,000	-95,384,000	-30,558,000	-133,185,000	-80,084,000	-35,933,000	-35,932,000	-35,931,000	-2,932,000	32,438,000	75,438,000	25,000,000	59,395,000	155,193,000	225,275,000			623,774,000
net change in cash	1,888,000	5,239,000	-16,832,000	7,889,000	2,793,000	5,246,000	4,442,000	-2,169,000	253,000	-4,410,000	-5,334,000	6,409,000	-12,327,000	-1,083,000
cash, beginning of period	0	3,606,000	0	0	0	4,510,000	0	0	0	6,394,000	0	0	0	18,729,000
cash, end of period	1,888,000	8,845,000	-16,832,000	7,889,000	2,793,000	9,756,000	4,442,000	-2,169,000	253,000	1,984,000	-5,334,000	6,409,000	-12,327,000	17,646,000
supplemental schedule of investing and financing activities
cash paid for interest, net of amounts capitalized	79,731,000	23,710,000	77,834,000	26,292,000	83,382,000	57,095,000	41,823,000	40,466,000	88,666,000	36,745,000	43,678,000	23,610,000	27,181,000	25,801,000
cash paid for income taxes			1,000	74,000
property and equipment and intangible accruals in accounts payable and accrued liabilities	25,305,000	41,907,000	-3,046,000	10,839,000	-7,263,000	20,564,000	2,079,000	-14,394,000	6,916,000	32,715,000	-443,000	-2,627,000	6,004,000	14,340,000
right-of-use assets obtained in exchange for lease liabilities	1,965,000	15,767,000
class a common stock issued through dividend and distribution reinvestment plan	334,000	390,000	390,000	444,000	552,000	74,247,000	88,289,000	88,145,000	87,968,000	87,658,000	87,832,000	87,756,000
fair value of assets acquired in business combinations
cash consideration paid			-1,000	1,000
class c common units issued
deferred consideration			0	0
contingent consideration			-59,500,000	0
liabilities assumed
distributions from unconsolidated affiliate		560,000	287,203,000	1,549,000	0	1,240,000	266,697,000	0	-61,971,000	67,764,000
cash proceeds from disposals		45,000				251,000	145,000	64,000	135,000	14,000	29,000	30,000
net cash paid for acquisitions		-178,380,000
proceeds from debt premium		625,000
proceeds from revolver		388,000,000	234,000,000	219,000,000	563,000,000	44,000,000	79,500,000	110,000,000	296,000,000	267,000,000	28,000,000	530,000,000	0	7,000,000
payments of revolver		-433,000,000		-199,000,000
distributions paid to common unit limited partners		-76,198,000				-70,566,000
net income including noncontrolling interests					108,948,000	35,407,000	267,354,000	43,131,000	71,668,000	4,299,000	48,462,000	49,422,000	131,448,000	21,389,000	-46,798,000	49,689,000	73,841,000	22,489,000	60,292,000	29,322,000	17,662,000	-26,792,000	-1,330,942,000	-8,188,000
contingent liabilities fair value adjustment			-1,200,000
derivatives settlement			845,000	1,204,000	-13,061,000	3,754,000	10,597,000	4,841,000	9,296,000	974,000	-448,000	0	11,999,000	-884,000
warrants fair value adjustment							-15,000	4,000	-33,000	-44,000
gain on redemption of mandatorily redeemable preferred units											0	0	-5,087,000	-4,493,000
loss on disposal of assets			-50,000	0	-76,000	4,166,000	4,236,000	2,927,000	12,137,000	102,000	9,000	3,946,000	8,546,000	110,000
equity in earnings from unconsolidated affiliates					-55,955,000	-60,469,000	-53,187,000	-50,754,000	-49,610,000	-46,464,000		-45,003,000
deferred income tax expense																										426,000
investments in unconsolidated affiliate										-58,658,000
net cash paid for acquisition of interest in unconsolidated affiliates
cash proceeds from disposals of assets			75,000	0
net cash (paid for) acquired in acquisition
proceeds from borrowings under a/r facility			4,800,000
principal payments on long-term debt											0	0	-2,267,748,000	-26,382,000
payments on debt discount
payments on revolver						-91,000,000	-115,500,000	-130,000,000	-183,000,000	-125,000,000
redemption of mandatorily redeemable preferred units											0	-30,717,000	-91,878,000	-60,702,000
redemption of redeemable noncontrolling interest preferred units											0
distributions paid to mandatorily redeemable preferred unit holders
distributions paid to redeemable noncontrolling interest preferred unit limited partners
kinetik holdings inc.consolidated statements of cash flows
right-of-use obtained in exchange for lease liabilities
fair value of assets acquired in durango and altm acquisition
class c common units issued in exchange			0	0
class a common stock issued in exchange											0	0	0	1,013,745,000
liabilities and mezzanine equity assumed
net cash paid for acquisition of interest in unconsolidated affiliate
payments on term loan credit facility				0
payment of debt discount				0
fair value of durango assets acquired				11,356,000
durango liabilities assumed				11,355,000
lease assets obtained in exchange for lease liabilities
accounts receivable						5,843,000	14,851,000	-49,037,000	17,047,000	5,008,000	65,598,000	26,584,000	-33,065,000	-67,446,000
payments on debt issuance cost						-11,000
balance at december 31, 2022						3,112,409,000
redemption of common units						-5,634,000
issuance of common stock through dividend and distribution reinvestment plan
net income						2,863,000		-108,794,000	104,509,000	4,993,000																		-953,653	582,842	714,711
change in redemption value of noncontrolling interests						-128,211,000
dividends on class a common stock
balance at march 31, 2023						2,910,861,000
balance at december 31, 2023						3,157,807,000
recognition of deferred tax asset
distribution paid to common unit limited partners						-70,515,000
balance at march 31, 2024						3,624,670,000
contingent liabilities remeasurement											0	0
gain on debt extinguishment														129,000
deferred income tax (benefit) expense
proceeds from issuance of long-term debt											0	0
equity contributions
fair value of altm assets acquired											-1,979,000	-1,000	765,000	2,445,665,000
altm liabilities and mezzanine equity assumed											-1,979,000	-1,000	765,000	1,431,920,000
net cash (paid for) acquired in acquisitions								0	0	-125,000,000
for the quarter ended september 30, 2022
balance at june 30, 2022								0
redemption of preferred units
excess of carrying amount over preferred units redemption price
issuance of class a common stock through dividend and distribution reinvestment plan
cash dividends on class a common stock
balance at september 30, 2022
for the quarter ended september 30, 2023
balance at june 30, 2023
retirement of treasury stock
balance at september 30, 2023
distribution paid to class c common unit limited partners									-174,000	-174,000
for the quarter ended june 30, 2022
balance at march 31, 2022									0	460,773,000
distributions payable to preferred unit limited partners									0	-6,937,000
for the quarter ended june 30, 2023
distribution paid to common units limited partners
for the three months ended march 31, 2022
balance at december 31, 2021
altm acquisition										462,717,000
remeasurement of contingent consideration
for the three months ended march 31, 2023
equity in (earnings) losses from unconsolidated affiliates
goodwill impairment
net cash acquired in acquisition											0	0	0	13,401,000
consideration payable from acquisition
redeemable noncontrolling interest — preferred unit limited partners
balance at december 31, 2019
contribution
balance at december 31, 2020
distributions paid to class unit limited partners
distributions paid to preferred unit limited partners															-11,563,000	-11,562,000	-11,562,000	-11,562,000	-11,562,000
step up in tax basis for common unit conversion
distributions paid to common units limited partners
cash flows from operating activities
amortization of debt issuance costs
derivatives fair value adjustment												-488,000	-93,799,000	-8,745,000
(gain) loss on debt extinguishment												0
change in operating assets and liabilities:
operating lease liabilities												64,000	4,552,000	-4,897,000
cash flows from investing activities
investment in unconsolidated affiliates												-53,524,000
cash flows from financing activities
payment on debt issuance costs												169,000
payment on revolver												-55,000,000
distributions paid to mandatorily redeemable preferred units holders												0
distributions paid to redeemable noncontrolling interest preferred units limited partners
distributions paid to class c common units limited partners												-438,000
redeemable noncontrolling interest — preferred unit limited partners*
for the quarter ended september 30, 2021
balance at june 30, 2021
balance at september 30, 2021
distributions paid to redeemable noncontrolling interests preferred units limited partners
for the quarter ended june 30, 2021
balance at march 31, 2021
equity in (earnings) losses from unconsolidated affiliate														-27,917,000
operating lease right-of-use assets														4,667,000
payments of deferred financing costs
equity distributions
for the quarter ended march 31, 2021
for the quarter ended march 31, 2022
unrealized derivative instrument (gain) loss															-63,627,000	-4,010,000
depreciation and accretion															4,107,000	4,085,000	4,009,000	4,000,000	3,961,000	4,008,000	4,062,000	3,914,000	13,012,000	11,710,000	9,107,000	7,651,000
income from equity method interests															-31,131,000	-32,479,000	-28,466,000	-21,688,000	-11,198,000	-14,320,000	-16,923,000	-16,298,000	-18,533,000	-1,564,000	1,298,000	-270,000
distributions from equity method interests															36,217,000	35,666,000	38,281,000	23,810,000	20,312,000	22,899,000	16,551,000	20,985,000	21,925,000
impairments															0	0	0	441,000					1,291,381,000
impairment on equity method interests
power credit															1,346,000	562,000
warrants valuation adjustment															-442,000	-664,000	-222,000	664,000
other															2,335,000	99,000	90,000	217,000	2,587,000	292,000	28,000	461,000	241,000	1,230,000	-363,000	-201,000
increase in inventories																		-294,000	64,000	110,000	438,000	-182,000				-139,000
increase in prepaid assets and other															264,000	642,000	-1,233,000	544,000			-462,000	-180,000
increase in accounts receivable															-2,249,000	1,956,000	-697,000	-226,000	-477,000
increase in revenue receivables																			597,000			3,752,000	-3,734,000	-2,728,000	2,542,000	-612,000
increase in account receivables from/payable to affiliate																		279,000	126,000	-384,000	2,249,000	-948,000
increase in accrued expenses															-72,000	1,530,000	3,404,000	4,491,000	-10,865,000	4,753,000	3,375,000	3,017,000	-8,985,000	2,603,000	3,802,000	2,651,000
increase in deferred charges, deferred credits and other noncurrent liabilities
capital expenditures															-1,320,000	-821,000	-1,117,000	-1,330,000	-441,000	-3,020,000	-7,424,000	-19,096,000	-35,640,000	-47,715,000	-94,777,000	-164,518,000
free cash flows															50,004,000	56,519,000	56,666,000	41,942,000	26,406,000	47,630,000	27,835,000	32,442,000	1,197,000	-29,967,000	-83,143,000	-154,464,000
proceeds from sale of assets															1,350,000	18,000	579,000	1,090,000	2,611,000	856,000	677,000	6,096,000
contributions to equity method interests															-1,150,000	-3,115,000	-3,633,000	-20,522,000	-41,078,000	-131,841,000	-71,559,000	-82,827,000	-163,940,000	-127,174,000
acquisition of equity method interests																							0	-442,460,000
capitalized interest paid																			-1,356,000	-2,004,000	-2,033,000	-3,340,000
redeemable noncontrolling interest - preferred unit limited partners																							0	0
distributions paid to apache limited partner															-18,750,000	-18,750,000	-18,750,000	-18,750,000
dividends paid															-5,620,000	-5,620,000	-5,619,000	-5,620,000
proceeds from revolving credit facility															0	0	0	33,000,000	44,000,000	87,000,000	25,000,000	72,000,000	161,000,000
finance lease																			0	0	0	-11,789,000	-5,807,000	-9,725,000
deferred facility fees																			0	0	0	-816,000	0	0
increase in cash and cash equivalents															22,975,000	33,896,000	23,786,000	27,118,000
cash and cash equivalents at beginning of year															0	0	0	24,188,000	0	0	0	5,983,000	0	0	0	449,935,000
cash and cash equivalents at end of period															22,975,000	33,896,000	23,786,000	51,306,000	22,205,000	103,000	-17,421,000	19,301,000	3,389,000	-374,326,000	199,482,000	177,438,000
supplemental cash flow data:
accrued capital expenditures															202,000			305,000	578,000	-1,153,000	-5,148,000	6,557,000	-5,733,000	-6,024,000	538,000	29,792,000
finance lease liability																							-19,233,000	0	0	29,000,000
interest paid, net of capitalized interest															2,498,000	2,399,000	2,315,000	2,328,000	919,000				218,000	-808,000	1,261,000	232,000
cash received for income tax refunds																			0	0
decrease in inventories																99,000
decrease in revenue receivables																-17,000	188,000	226,000
decrease in account receivables from/payable to affiliate																29,000
increase in deferred charges and other noncurrent liabilities
increase in deferred charges, deferred credits, and other noncurrent liabilities																	-725,000	-1,005,000
unrealized derivative instrument loss																		16,529,000	-40,022,000	3,533,000	10,585,000	61,984,000	4,701,000
other income																		-7,205,000
adjustment for non-cash transactions with affiliate
increase in interest receivable
recapitalization transaction
deferred income tax benefit
decrease in prepaid assets and other
decrease in cash and cash equivalents																				103,000
increase deferred credits and noncurrent liabilities																					-443,000	1,825,000
net increase in cash and cash equivalents																						13,318,000
increase in prepaid and other																									498,000	-809,000
increase in inventories and other																								-192,000
decrease in prepaid and other
increase in accounts receivable from/payable to affiliate
net decrease in cash and cash equivalents																								-374,326,000	199,482,000	-272,497,000
increase in accounts payable to affiliate																										-4,371,000
contributions to equity method interest																										-66,224,000
acquisition of equity method interest																										-51,809,000
increase in prepayments and other
joint venture equity interest
trust income retained in trust account																												-1,672,170	-887,540	-648,210
increase in prepaid expenses and other assets																												69,562
increase in accrued expenses and taxes																												2,048,196
net cash from investing activities:
cash deposited into trust account
proceeds from public offering
proceeds from sale of private placement warrants
payment of underwriting costs
payment of offering costs
proceeds from sponsor note																												500,000
payment of sponsor note
net increase in cash																												-8,065
cash at beginning of period																												0	0	479,055
cash at end of period																												-8,065	-271,219	319,849
supplemental disclosure of cash flow information:
deferred underwriting compensation
income and franchise taxes paid																												40,000	591,463	523,050
current tax liability																												-349,053	211,375	-220,145
deferred tax asset:
deferred general and administrative expenses																												476,019	114,673	358,301
valuation allowance at 21%																												-476,019	-114,673	-358,301
deferred tax asset
net cash from in financing activities
offering costs included in accrued formation and offering costs
decrease in prepaid expenses and other assets																														11,229
decrease in accrued expenses and taxes																														-236,936
net decrease in cash																														-159,206
net cash from investing activities,
proceeds from sale of class b convertible common stock to sponsor
deferred underwriting compensation and offering costs
income taxes paid
investments held in trust account

We provide you with 20 years of cash flow statements for Kinetik stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Kinetik stock. Explore the full financial landscape of Kinetik stock with our expertly curated income statements.

The information provided in this report about Kinetik stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.