Investor Presentaiton

2024E Capital Expenditure Guidance contributions(1) Guidance reflects completion of merger integration projects 2023A Capital Expenditures(1) 2024E Capital Expenditures(1) (1) Maintenance 5% New Mexico 16% Treating 4% 2023 Capital Expenditures Other 6% Facilities 10% $531mm Pipeline Transportation 54% Maintenance 22% ~25% higher in 2024 than normal run-rate Treating 11% Well Connects 54% Pipeline Transportation 5% New Mexico 10% Well Connects 14% KINETIK 2024 Guidance $125mm to $165mm Facilities 26% Capital contribution at JV Pipes will be categorized as "Investment in unconsolidated affiliates" in Kinetik's financials. JV Pipe capital contributions included in Kinetik's Capital Expenditures Guidance for simplicity. Other 17% 100% Midstream Logistics 13

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