Kinetik Holdings (KNTK) 10% owner ISQ Global Fund II GP sells $9.06m

ISQ Global Fund II GP LLC, a notable investor with a 10% stake in Kinetik Holdings Inc. (NASDAQ: KNTK), recently divested a significant portion of the company's Class A Common Stock, amounting to $9,059,534. This sale was executed across three separate transactions between October 5 and October 7, 2026, with share prices fluctuating between $53.50 and $54.32 per share.

The transactions were orchestrated indirectly through Buzzard Midstream LLC, a company where ISQ Global Fund II GP LLC holds a general partnership over the voting and investment power of its beneficial owners. The sales occurred as Kinetik's shares were trading close to their 52-week high of $56.92. Throughout the year, Kinetik's Class A Common Stock delivered impressive returns, with a 57% increase year-to-date and a 46% gain over the past twelve months.

Despite these sales, Buzzard Midstream LLC now holds 216,020 shares of Kinetik Holdings Inc. Class A Common Stock. ISQ Holdings, LLC, the managing member of I Squared Capital, LLC, is the sole member of Fund II GP. Kinetik Holdings Inc. has shown strong financial performance, with its second-quarter 2026 earnings surpassing market expectations, resulting in adjusted earnings of $0.64 per share and revenue of $581.44 million.

The company has also raised its full-year 2026 adjusted EBITDA guidance, attributing its success to operational improvements and favorable commodity conditions.