Kinetik Holdings director ISQ Global Fund II GP sells $4.2m stock

ISQ Global Fund II GP LLC, a director of Kinetik Holdings Inc. and owning 10% of its shares, recently sold 76,260 shares of the company's Class A Common Stock on August 26, 2026. The sale, which totaled approximately $4.2 million, was made at prices between $55.00 and $55.77 per share, near the stock's 52-week high of $56.10. ISQ Global Fund II GP LLC, which serves as the general partner for Buzzard Midstream LLC, indirectly holds 842,564 shares after the sale. These shares are held by Buzzard Midstream LLC.

ISQ Global Fund II GP LLC is managed by I Squared Capital, LLC, with ISQ Holdings, LLC as the managing member. Sadek Wahba and Gautam Bhandari, members of ISQ Holdings, LLC, do not have a beneficial ownership stake in the reported securities, except for their financial interest.

In a separate development, Kinetik Holdings reported impressive Q2 2026 earnings, surpassing Wall Street expectations with adjusted earnings of $0.64 per share and revenue of $581.44 million. The company raised its full-year adjusted EBITDA guidance to between $1.04 billion and $1.1 billion, citing operational improvements and favorable commodity conditions.

Clear Street downgraded Kinetik Holdings to a Hold rating, setting a price target of $57.00, citing limited upside potential following the stock's 35% year-to-date performance.