Note: Due 45 days after the end of Refer to Note 11 Equity and Warrants in the Notes to the Consolidated Financial Statements of the Companys Form 10-K to be filed subsequent to this earnings release for further information. 0 Nio has surpassed analysts sales forecast in the past 12 months. We are extremely proud of the results we achieved in 2022, said Jamie Welch, Kinetiks Chief Executive Officer and President. See Reconciliation of GAAP to Non-GAAP Measures and Reconciliation of Pro Forma Non-GAAP Financial Measures elsewhere in this news release. If Dec. 26 is a weekend day (or also a federal legal holiday), then the reporting date becomes the next business day. Click "Continue" only if you are a US medical professional. The vaccine is packaged as a ready-to-use liquid formulation and is stored at 2 to 8C, enabling the use of existing vaccine supply and cold chain channels. Fourth Quarter Financial Highlights: Fourth quarter 2022 revenue of $369.7 million, up 20.1%, or 23.7% in constant currency, compared to $307.7 million in the prior To provide the Low Income Household Water Assistance Program (LIHWAP) grant recipients with the LIHWAP Q2 Quarterly Report submission deadline of April 29th, 2022 and additional submission information. Accordingly, the Company will restate its unaudited consolidated financial statements for the periods ended June 30, 2022 and September 30, 2022 in its 2022 Form 10-K to reflect the corrected share-based compensation expense and amortization amount. Kinetik is headquartered in Midland, Texas and has a significant presence in Houston, Texas. (1) The results of the legacy Altus business are not included in the Companys consolidated financials prior to February 22, 2022. Penalty andinterestwill be charged on late reports. Progress continues on schedule for the PHP expansion of 550 MMcf/d of incremental capacity, increasing natural gas deliveries from the Permian to the U.S. Gulf Coast markets. Join other passionately curious people who are bringing innovative vaccines to the world. Our business is subject to substantial risks and uncertainties, including those referenced above. Fourth Quarter and Full Year 2022 Financial Results. Reported full year 2022 Capital Expenditures 5 of $284.0 million, within the Companys revised guidance range provided in August, and for the fourth quarter 2022 reported Capital Expenditures 5 of $68.3 million. For 2023, Kinetik has identified several strategies to progress its greenhouse gas and methane emission-related reduction goals through the application of technologies, best practices, increased training, and greater partnerships with key suppliers into emissions reduction. A reconciliation of expected full year or annualized December 2023 Adjusted EBITDA to net income (loss), the closest GAAP financial measure, cannot be provided without unreasonable efforts due to the inherent difficulty in quantifying certain amounts, including share-based compensation expense, which is affected by factors including future personnel needs and the future prices of our Class A Common Stock, which may be significant. Secure .gov websites use HTTPS *Included in current and noncurrent liabilities as of December 31, 2022 and non-current liabilities as of, Recombinant protein-based nanoparticle vaccine, Global vaccine authorization / approval map, Diversity matters: Inclusivity in clinical trials, From pandemic to endemic: Why COVID-19 may be here to stay, Standing on the shoulders of giants: How a Novavax vaccine is developed, Recombinant nanoparticle vaccine technology, Global vaccine authorization/approval map, Global authorization site of Novavax COVID-19 Vaccine (recombinant, adjuvanted), Ask medical questions, report adverse events, and product quality complaints, Pay Transparency Nondiscrimination Provision, Delivered over 100 million doses of Nuvaxovid, Novavax's COVID-19 vaccine, globally to date, Modified agreement with the U.S. government for up to 1.5 million additional doses of Novavax's COVID-19 vaccine for delivery in 2023, Agreement maintains the U.S. public's access to Novavax's COVID-19 vaccine and supports the development of smaller dose vials, strain selection in line with U.S. Food and Drug Administration (FDA) recommendations and a smooth transition to the commercial market, Reaffirmed intent to deliver an updated mono- or bivalent strain vaccine for the 2023 fall vaccination season, consistent with public health recommendations, Secured European Medicines Agency (EMA) and FDA approval of Nuvaxovid five-dose vial variation and EMA approval of the Company's, Presented data to the U.S. FDA Vaccine and Related Biological Products Advisory Committee demonstrating that when used as a booster, Novavax's COVID-19 vaccine induces broad functional immune responses, including for contemporary variants, Part 2 to evaluate our prototype vaccine compared to an Omicron BA.5 vaccine, as well as a bivalent containing prototype and Omicron BA.5 vaccine, Expanded Nuvaxovid label in adult booster and adolescent primary series to enable broader uptake in the long-term commercial market, Initiated Phase 2 dose-confirming trial to evaluate safety and immunogenicity of different formulations of CIC and influenza stand-alone vaccine candidates in adults aged 50 to 80 years, with topline results expected by mid-year 2023, CIC Phase 2 trial includes additional study arms exploring alternate influenza stand-alone formulations. This non-GAAP information should be considered by the reader in addition to, but not instead of, the financial statements prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated. Use e-Services for Business to manage your employer payroll tax account online. These benefits were partially offset by weaker commodity prices in the fourth quarter and the impact of Winter Storm Elliott, which temporarily resulted in lower gas and crude volumes across the system during the second half of December. Partly cloudy this morning, then becoming cloudy during the afternoon. Please copy your program specialist on the email submission. Notes Regarding Presentation of Financial Information, For US GAAP purposes, Kinetiks financial results reflect BCP Raptor Holdco, LP, Kinetiks predecessor for accounting purposes (BCP), from January 1, 2022 to February 22, 2022 and the combined Company, which includes Altus Midstream LP (Altus), from the closing date, February 22, 2022, onwards. To access a live webcast of the conference call, please visit the Investor Relations section of Kinetiks website at www.ir.kinetik.com. The words anticipate, believe, continue, could, estimate, expect, intends, may, might, plan, seeks, possible, potential, predict, project, prospects, guidance, outlook, should, would, will, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. For due dates, visit thePayroll Tax Calendar. Granting 2022 performance bonuses to Executive Officers in Kinetik Class A Common Stock rather than cash. Electronic Data Interchange (EDI): "Manufactured Products fourth quarter 2022 revenue of $100 million was 7% higher than in the third quarter of 2022. Our commitment to reinvest our dividends for 2023 allows Kinetik to spend the balance of capital executing upon these attractive initiatives, which we expect to result in commensurate Adjusted EBITDA growth in 2024., Ben Rodgers, Senior Vice President, Treasurer and Midstream & Marketing of APA Corporation, added, Kinetik has a unique asset base that serves as a solid foundation for growth, and we are optimistic about the Companys future prospects. (1) The results of the legacy Altus business are not included in the Companys consolidated financials prior to February 22, 2022. WebCommunity Supports. You have permission to edit this article. Many businesses are facing financial strain due to the economy, natural disasters, pandemic, or other serious problems. In light of our elevated 2023 capital program, compared to our normalized level in 2024 and beyond, we will continue our current DRIP level and expect to maintain our quarterly dividend at $0.75 per share this year. If the committee is new and has not previously filed a report, the first report must cover all activity that occurred before the committee registered up through the close of books for the first report due. If you have an approvedE-file and E-pay Mandate Waiver Request(DE 1245W), your tax forms and Payroll Tax Deposit (DE 88ALL) coupons will be mailed to you automatically. A reporting period always begins the day after the closing date of the last report filed. Plant-based meat provider, Beyond Meat, reported losses at the end of 2022 with a fourth quarter net revenue of $79.9 million a decrease of 20.6% compared to the All committees must file a Post-General Report. Heres how you know We currently have no sales of KNTK shares in our plan for 2023., Net income including non-controlling interest 10, Pro Forma Dividend Coverage Ratio 2,3,4,11. U.S. Department of Health & Human Services, Administration for Native Americans (ANA), Administration on Children, Youth, and Families (ACYF), Office of Child Support Enforcement (OCSE), Office of Human Services Emergency Preparedness and Response (OHSEPR), Office of Legislative Affairs and Budget (OLAB), Office of Planning, Research & Evaluation (OPRE), Public Assistance Reporting Information System (PARIS), Diaper Distribution Demonstration & Research Pilot, Low Income Home Energy Assistance Program (LIHEAP), Low Income Household Water Assistance Program (LIHWAP), Rural Community Development Program (RCD), Social Services Block Grant Program (SSBG), COMM_LIHWAP_AT-2022-03 Quarterly Report 2_FY2022, COMM_LIHWAP_Quarterly Report Instructions_FY2022. L&I has a program to help distressed employersset up a workers' compensation premium payment planfor up to 90 days and avoid any penalties and interest. You must specify the quarter on the report or deposit. Throughout the year, we executed upon a number of strategic goals and priorities, while successfully mostly completing our merger integration, outperforming our synergy targets, and operating safely and reliably. The following addresses the results of our operations for the three and twelve months ended December 31, 2022, as compared to our results of operations for the three and twelve months ended December 31, 2021. Adjusted EBITDA provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. In addition, your quarterly reports should not contain Self-insured employers must file by mail. Grant recipients that have not begun issuing benefits payments on behalf of households, only need to respond to sections III and IV (however, questions that are not applicable can be answered by inputting N/A). Note: To avoid delays in processing, do not mail your DE 88ALL with the DE 9 and DE 9C. Achieved annual net income 1 of $250.7 million and Pro Forma Adjusted EBITDA 2,3,4 of $822.2 million. Quarterly reports and premiums are due 4 times per year: Weekend due dates may be postmarked the following business day. Participants will be prompted to request to join the Novavax, Inc. call. If you have questions about these quarterly due If a checkbox does not appear please complete the following steps to complete your reply: Quarterly reports provide critical information on the status of program implementation. Midstream Logistics capital also includes $45 million of remaining integration capital (front-end amine treating and compression relocation) and $20 million of maintenance capital. (3) Distributable Cash Flow is defined as Adjusted EBITDA, adjusted for the proportionate EBITDA from unconsolidated affiliates, cash distributions received from unconsolidated affiliates, interest expense, net of amounts capitalized, distributions to preferred unitholders and maintenance capital expenditures. D The expansion is expected to be in-service by November 1, 2023, and Kinetiks PHP ownership will increase to over 55% after the in-service date. get a reminder when it's time to file your quarterly report, set up a workers' compensation premium payment plan, Join L&I's Quarterly Reporting email list, Quickly and easily file your quarterlies & manage your workers' comp account(s). The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. EDMONTON, Alberta, March 01, 2023 (GLOBE NEWSWIRE) Capital Power Corporation (TSX: CPX) today released financial results for the quarter and year ended December 31, 2022. Pro Forma Free Cash Flow (Pro Forma FCF) is defined as Pro Forma DCF less growth capital investments and an adjustment for cash interest expense. For electronic forms, the EDD uses the date they are completed and transmitted to decide if it is on time. Kinetiks financial information includes information prepared in conformity with generally accepted accounting principles (GAAP) as well as non-GAAP financial information. If you do not expect to pay wages within the next year, you can notify the EDD by writing to us or in e-Services for Business by selecting Close Account from the Account Management panel. The results of operations of Altus are reflected within the Companys Consolidated Financial Statements from February 22, 2022, the closing date, through December 31, 2022. Plant-based meat provider, Beyond Meat, reported losses at the end of 2022 with a fourth quarter net revenue of $79.9 million a decrease of 20.6% compared to the same time in 2021. A replay of the webcast will be available on the Novavax website until May 28, 2023. The trial will assess a CIC vaccine comprised of Novavax's recombinant protein-based COVID-19 vaccine, quadrivalent influenza vaccine candidate, and patented saponin-based Matrix-M adjuvant. The dividend was paid on January 31, 2023 to shareholders of record as of December 31, 2022. You must make Monthly SDI and PIT deposits if either: For assistance, contact our Taxpayer Assistance Center at 1-888-745-3886 or visit your local Employment Tax Office. Enter the date (MM/DD/YYYY) you started accepting applications in cell C29 (use Control + Enter to add to the cell). Enter the 1st quarter of 2022 as 221 (22 for 2022 and 1 for the first quarter). If you have questions,Contact Payroll Taxes. Office of Community Services, An Office of the Administration for Children & Families, LIHWAP AT-2022-03 Quarterly Report 2 FY2022, To provide the Low Income Household Water Assistance Program (LIHWAP) grant recipients with the LIHWAP Q2 Quarterly Report submission deadline of April 29, The FY22 Q2 Quarterly Report covering January 1, 2022 through March 31, 2022 is due. KINETIK HOLDINGS INC.RECONCILIATION OF GAAP TO NON-GAAP MEASURES, Net Income Including Non-controlling Interests to Adjusted EBITDA, Net income (loss) including non-controlling interests (GAAP), Proportionate EBITDA from unconsolidated affiliates, Equity income from unconsolidated affiliates, Cash distributions received from unconsolidated affiliates, Distributions paid to preferred unit limited partners, KINETIK HOLDINGS INC.RECONCILIATION OF GAAP TO NON-GAAP MEASURES (Continued). 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Business is subject to substantial risks and uncertainties, including those referenced above 22 2022... Date on which it is made for business to manage your employer payroll tax account online must specify quarter... Facing financial strain due to the world in processing, do not mail your DE 88ALL with the DE and! 31, 2023 to shareholders of record as of the last report filed financials prior to February,. Reports should not contain Self-insured employers must file by mail: to avoid delays in processing, not... Those referenced above we are extremely proud of the legacy Altus business are not included in the Companys financials! Dates may be postmarked the following business day for electronic forms, the uses... As 221 ( 22 for 2022 and 1 for the first quarter ) report! Webcast will when are quarterly reports due 2022 prompted to request to join the Novavax website until may,... 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