Kinetik posts $278 million Q3 EBITDA, raises processing capacity to 380 MMcf/d
AI Summary- Kinetik reported third-quarter adjusted EBITDA of $278 million and distributable cash flow of $214 million.
- KL2 capacity increased to 380 MMcf/d from 300 MMcf/d without raising its approximately $260 million cost.
- Kinetik expects full system utilization by end-2027 and first flow from new acreage in 2027.