{
  "id": 12731730,
  "title": "Kinetik Holdings (KNTK) 10% owner ISQ Global Fund II GP sells $9.06m",
  "url": "https://urgent.news/2026/10/07/kinetik-holdings-kntk-10-owner-isq-global-fund-ii-gp-sells-9-06m",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T22:31:17.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/kinetik-holdings-kntk-10-owner-isq-global-fund-ii-gp-sells-906m-93CH-4937656"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}