Kinetik Announces Secondary Offering of Common Stock

Kinetik effectsInc.( NYSE KNTK)( “ Kinetik ” or the “ Company ”) blazoned moment the inception of an underwritten secondary immolation of shares of its Class A common stock( the “ Offering ”) by Apache Midstream LLC( the “ Dealing Stockholder ”), a attachment of Apache Corporation. Kinetik isn’t dealing any shares of Class A common stock in the Offering and won’t admit the proceeds from any trade of shares by the Selling Stockholder. In connection with the Offering, the Selling Stockholder intends to grant to the backers a 30- day option to buy up to an fresh 900,000 shares of Kinetik’s Class A common stock. The Offering is subject to request and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

In connection with the Offering, certain of the Company’s officers and directors, including the Chief Executive Officer, have handed an suggestion of interest in copping
shares of Class A common stock from the backers at the public immolation price.

Morgan, Barclays, RBC Capital Markets, and TD Securities are acting as common lead book- running directors for the Offering.

The Offering is being made only by means of a prospectus supplement. When available, a dupe of the prospectus supplement and the coexisting base prospectus may be attained fromJ.P. Morgan atJ.P. Morgan Securities LLC, c/ o Broadridge Financial results, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at1-866-803-9204, or by dispatch [email protected]; Barclays at Barclays CapitalInc., c/ o Broadridge Financial results, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at(888)603-5847, or by dispatch [email protected]; RBC Capital Markets at RBC Capital Markets, LLC, Attention Equity Capital Markets, 200 Vesey Street, New York, New York 10281, by telephone at(877)822-4089, or by dispatch [email protected]; or TD Securities at TD Securities( USA) LLC, Attention Equity Capital Markets, 1 Vanderbilt Avenue, New York, NY 10017, by telephone at(855)495-9846, or by dispatch [email protected].

A enrollment statement relating to these securities has been filed with and declared effective by theU.S. Securities and Exchange Commission( the “ SEC ”). Before investing, prospective investors should read the prospectus supplement, accompanying base prospectus and the documents incorporated by reference therein for more complete information about the Company and the Offering. An electronic dupe of the prospectus supplement and coexisting base prospectus is available from theU.S. Securities and Exchange Commission’s website

This news release doesn’t constitute an offer to vend or a supplication of an offer to buy any securities, nor shall there be any trade of any securities in any state or governance in which similar offer, supplication or trade would be unlawful previous to enrollment or qualification under the securities laws of any similar state or governance.

About Kinetik effectsInc.

Kinetik is a completely integrated, pure- play, Permian- to- Gulf Coast midstream C- pot operating in the Delaware Basin. Kinetik is headquartered in Midland, Texas and has a significant presence in Houston, Texas. Kinetik provides comprehensive gathering, transportation, contraction, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil painting and water.

Forward- looking statements

This news release includes certain statements that may constitute “ forward- looking statements ” for purposes of the civil securities laws. Forward- looking statements include, but aren’t limited to, statements that relate to protrusions, vaticinations or other characterizations of unborn events or circumstances, including any underpinning hypotheticals. The words “ anticipate, ” “ believe, ” “ continue, ” “ could, ” “ estimate, ” “ anticipate, ” “ intends, ” “ may, ” “ might, ” “ plan, ” “ seeks, ” “ possible, ” “ eventuality, ” “ prognosticate, ” “ design, ” “ prospects, ” “ guidance, ” “ outlook, ” “ should, ” “ would, ” “ will, ” and analogous expressions may identify forward- looking statements, but the absence of these words doesn’t mean that a statement isn’t forward- looking. These statements include, but aren’t limited to, statements about Kinetik’s future plans, prospects, and objects for Kinetik’s operations, including statements about strategy, solidarity, and unborn operations, sustainability enterprise, and the Offering. While forward- looking statements are grounded on hypotheticals and analyses made by us that we believe to be reasonable under the circumstances, whether factual results and developments will meet our prospects and prognostications depend on a number of pitfalls and misgivings which could beget our factual results, performance, and fiscal condition to differ materially from our prospects. See Part I, Item 1A. threat Factors in our Annual Report on Form 10- K for the time ended December 31, 2022. Any forward- looking statement made by us in this news release speaks only as of the date on which it’s made. Factors or events that could beget our factual results to differ may crop from time to time, and it isn’t possible for us to prognosticate all of them. We take over no obligation to intimately modernize any forward- looking statement, whether as a result of new information, unborn development, or else, except as may be needed by law.

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