Kinetik Holdings Power Play: How Hedging & LNG Strategies Protect It From Waha Chaos Inside!

Kinetik’s third quarter 2025 results present a mixed scenario influenced by both strategic developments and challenges due to commodity market volatility. The company shows improvements on the operational front with the successful launch of the Kings Landing processing facility. This expansion in New Mexico bolsters Kinetik’s capacity and positions it to support increased production in the region. The timely progress on projects like the ECCC pipeline and the acid gas injection initiative at Kings Landing underlines Kinetik’s commitment to enhancing its infrastructure and service offerings. However, the quarter was marked by significant macroeconomic headwinds. Lower commodity prices, particularly a sharp decline in Waha natural gas pricing, have exerted pressure on Kinetik’s financial results, with adjusted EBITDA falling short of previous expectations. The adjusted EBITDA for Q3 was reported at $243 million, reflecting the challenges of price volatility and market uncertainties.