Kinetik Holdings Inc

In a Stage 2 advance with a strong higher-highs & higher-lows pattern and rising EMAs, KNTK shows bullish structure near multi-month highs. However, with indicators nearing overbought territory and price extended above EMAs, patience is warranted to await shallow pullbacks into support around the rising 9/21 EMAs before initiating new positions.

• ↑Q2 adjusted EBITDA $281M and distributable cash flow $195M
• ↑Full-year 2026 guidance up $70M at midpoint (+7%)
• ↓Leverage ratio maintained at 3.8× amid rising rates