Kinetik Holdings Inc. (NASDAQ:KNTK) Q1 2024 Earnings Call Transcript

Jamie Welch: Neel, well, I think we have said consistently that we look at lots of different opportunities both organic and inorganic. And we have a very high bar as it relates to all opportunities where we look through the lens of short-cycle value accretion. We look at overall value accretion to the complex. We look at leverage and ratings impact. So we take everything into consideration. And look, when we find something that checks all the boxes, that’s — look, that’s what will happen as far as the opportunities that are out there. And I think what we’ve continued to do is just evaluate. But now, we’ve been very happy with our organic growth strategy. And we very much believe that we’ve got that now with the completion of the capital program for last year, we’re very focused on the execution side and that’s what you’ve seen obviously in the first quarter and that’s how we forecasted for the balance of the year.

Neel Mitra: Perfect. Thank you.

Operator: Thank you. This will conclude the question-and-answer session for today’s call. I would now like to hand the call back over to the team for any final remarks.

Jamie Welch: Thank you very much, everybody, for your time this morning. We look forward to seeing you. I know it’s a busy time of year, lots of conferences and stuff, so we look forward to seeing you in the next 30 days. Thank you. Bye-bye.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect your lines.