Isq Global Fund II GP LLC sells $384,116 in Kinetik Holdings stock

ISQ Global Fund II GP LLC, a significant stakeholder in Kinetik Holdings Inc., recently sold a portion of its Kinetik stock, totaling $384,116. The sale occurred on August 21, 2026, with 6,963 shares of Class A Common Stock exchanged at a weighted average price of $55.1654 per share. The transaction prices varied between $55.01 and $55.50.

The financial climate for Kinetik Holdings at present is compelling, with its stock trading close to a 52-week high of $56.10. The shares have demonstrated strong performance, surging 59% year-to-date and 29% over the past six months. Following the sale, ISQ Global Fund II GP LLC, the indirect beneficial owner of Buzzard Midstream LLC, indirectly holds 918,824 shares of Kinetik Holdings Inc.

Buzzard Midstream LLC, in turn, is controlled by ISQ Global Fund II GP LLC, which wields voting and investment power over these securities. These shares are managed by I Squared Capital, LLC, a single-member entity, with ISQ Holdings, LLC as its managing member. Two members of ISQ Holdings, Sadek Wahba and Gautam Bhandari, declare no beneficial ownership over these securities, except for their financial interest.

Analysts from InvestingPro indicate that Kinetik Holdings remains undervalued at its current price point. A comprehensive Pro Research Report is available for those interested in exploring the analysis of this and 1,400+ other US equities.

Recently, Kinetik Holdings reported impressive second-quarter 2026 earnings, surpassing Wall Street's expectations. The company's adjusted earnings per share were $0.64, significantly higher than the anticipated $0.25. Revenue exceeded forecasts at $581.44 million, compared to the projected $438.25 million. Kinetik Holdings has also raised its full-year outlook, projecting adjusted EBITDA between $1.04 billion and $1.1 billion, driven by operational improvements and favorable commodity conditions, resulting in a record quarterly adjusted EBITDA of $281 million.

However, Clear Street recently downgraded Kinetik Holdings from a Buy to Hold, setting a price target of $57.00, primarily due to limited upside potential following the stock’s strong performance. Despite the downgrade, Kinetik's recent earnings report underscores its strongest financial performance in history, attributed to improved execution across its network.