Kinetik Announces Third Quarter Dividend and Financial Results Timing
19 Outubro 2022 - 5:15PM
Kinetik Holdings Inc. (NASDAQ: KNTK) (“
Kinetik” or
the “
Company”) today declared a cash dividend of
$0.75 per share ($3.00 on an annualized basis) for the third
quarter ended September 30, 2022. The announced quarterly dividend
is consistent with prior communications and will be paid on
Thursday, November 17, 2022 to shareholders of record as of market
close on Monday, November 7, 2022.
Kinetik will host its third quarter 2022 results
conference call on Thursday, November 10, 2022 at 8:00 am Central
Standard Time (9:00 am Eastern Standard Time) to discuss third
quarter results. The Company will issue its earnings release after
market on Wednesday, November 9, 2022. 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.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. Participation is optional for public shareholders;
meanwhile, Blackstone, I Squared, Apache and Management are
reinvesting almost 100% of their quarterly dividends under the
DRIP. The DRIP provides Kinetik’s shareholders with the opportunity
to have all or a portion of the cash dividends declared on their
common shares automatically reinvested into additional common
shares of the Company. Shareholders may elect to terminate
participation in the Plan at any time.
A complete description of the Plan is included in the Company’s
Form S-3 registration statement filed with the SEC on April 4, 2022
and is posted on the Company’s website at www.kinetik.com.
To participate, shareholders of record may register online by
visiting the American Stock Transfer’s website at
www.astfinancial.com or by contacting American Stock Transfer, the
Plan Administrator, by telephone toll free from inside the United
States at 1-(800)-278-4353 or outside of the United States at
1-(718)-921-8124. Shareholders may also contact the Plan
Administrator in writing at American Stock Transfer & Trust
Company, LLC, 6201 15th Avenue, Brooklyn, NY 11219. 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.
Contacts
Kinetik Investors: (713) 487-4832 Maddie WagnerWebsite:
www.kinetik.com
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