05:04 PM EDT, 08/07/2024 (MT Newswires) -- Kinetik Holdings ( KNTK ) reported Q2 earnings late Wednesday of $0.54 per diluted share, up from $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.36 per share.

Operating revenue for the quarter ended June 30 rose to $359.5 million from $296.2 million a year earlier.

Analysts surveyed by Capital IQ expected $337.4 million.

The company's shares rose 2.5% in after-hours activity.

Price: 41.25, Change: +1.00, Percent Change: +2.48