On October 23, 2026, EagleClaw Midstream Ventures, LLC ("ECMV"), a subsidiary of Kinetik Holdings Inc., and Energy Transfer GC NGL Product Services, LLC ("ET") (formerly Lone Star NGL Product Services, LLC) agreed to resolve (the "Settlement") the previously disclosed dispute regarding the expiration date of an NGL purchase agreement between ET and ECMV. 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. The ECMV NGL purchase agreement is one of two agreements with ET subject to previously disclosed litigation, which awaits adjudication.

 

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