Kinetik Holdings Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
ACCRUED EXPENSES
- ACCRUED EXPENSES
The following table provides the Company’s current accrued expenses on March 31, 2025 and December 31, 2024:
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| (In thousands) | ||
| Accrued product purchases | $143,297 | $132,439 |
| Accrued taxes | 10,202 | 15,538 |
| Accrued salaries, vacation, and related benefits | 4,532 | 3,111 |
| Accrued capital expenditures | 16,411 | 13,484 |
| Accrued interest | 38,794 | 6,127 |
| Accrued other expenses | 20,489 | 16,015 |
| Total accrued expenses | $233,725 | $186,714 |
Accrued product purchases mainly accrue the liabilities related to producer payments and any additional business-related miscellaneous fees we owe to third parties, such as transport or capacity fees as of March 31, 2025 and December 31, 2024.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.