Kinetik Holdings Inc.

Commenced an underwritten secondary offering of 2.5 million shares of its Class A common stock by Apache Midstream LLC, a subsidiary of Apache Corp. Underwriters are expected to be granted a 30-day option to purchase up to an additional 375,000 shares of Class A common stock. Kinetik is not selling any shares of Class A common stock in the offering and will not receive the proceeds from any sale of shares by the selling stockholder. BofA Securities, J.P. Morgan and Morgan Stanley are joint lead book-running managers.