Kinetik Holdings Inc. filed a Form 8-K on October 26, 2026, disclosing that its subsidiary EagleClaw Midstream Ventures, LLC reached a settlement on October 23, 2026, with Energy Transfer GC NGL Product Services, LLC regarding the expiration date of an NGL purchase agreement.

Key Highlights

  • Settlement date: EagleClaw Midstream Ventures, LLC and Energy Transfer GC NGL Product Services, LLC agreed to resolve their dispute on October 23, 2026.
  • Agreement term confirmed: The parties agreed and confirmed that the last day of the ECMV NGL purchase agreement term is December 31, 2026.
  • Subsidiary involved: EagleClaw Midstream Ventures, LLC ("ECMV") is a subsidiary of Kinetik Holdings Inc.
  • Counterparty name change: Energy Transfer GC NGL Product Services, LLC was formerly known as Lone Star NGL Product Services, LLC, according to the filing.
  • Ongoing litigation: The ECMV NGL purchase agreement is one of two agreements with Energy Transfer subject to previously disclosed litigation, which the filing states "awaits adjudication."

EagleClaw Midstream and Energy Transfer Resolve NGL Contract Expiry Dispute

According to the Form 8-K filed with the SEC on October 26, 2026, EagleClaw Midstream Ventures, LLC, a subsidiary of Kinetik Holdings Inc. (NYSE:KNTK), and Energy Transfer GC NGL Product Services, LLC settled a previously disclosed dispute concerning the expiration date of an NGL purchase agreement. The settlement was reached on October 23, 2026, under Item 8.01 (Other Events) of the filing.

The filing states that "pursuant to the Settlement, the parties agreed and confirmed that the last day of the term of the ECMV NGL purchase agreement is December 31, 2026." Energy Transfer GC NGL Product Services, LLC is identified in the filing as formerly operating under the name Lone Star NGL Product Services, LLC. The settlement resolves only the question of the agreement's expiration date, as the filing notes.

The filing further discloses that the ECMV NGL purchase agreement is one of two agreements with Energy Transfer that were subject to previously disclosed litigation. The filing states that second matter "awaits adjudication," indicating that not all disputes between the parties have been resolved by this settlement. The Form 8-K was signed by Lindsay Ellis, General Counsel, Secretary and Chief Compliance Officer of Kinetik Holdings Inc.

What Was Disclosed

Kinetik Holdings Inc. disclosed, via an October 26, 2026 Form 8-K, that subsidiary EagleClaw Midstream Ventures, LLC settled a dispute with Energy Transfer GC NGL Product Services, LLC, confirming the ECMV NGL purchase agreement expires December 31, 2026, while separate related litigation remains pending.