The following table sets forth by level, within the fair value hierarchy, the Plan’s investments at fair value as of December 31, 2025 and 2024:


	December 31,
	2025		2024

	(In thousands)
Level 1:
Mutual funds	$	38,085	$	26,071
Kinetik Holdings Inc. Common Stock	334		354
Total assets in fair value hierarchy	38,419		26,425
Investments measured at net asset value:
Collective trust fund	636		462

Investments at fair value	$	39,055	$	26,887

The following table summarizes investments measured at fair value based on NAV per share as of December 31, 2025 and 2024:


	December 31,
	2025		2024

Collective trust fund	(In thousands)
Fair value	$	636	$	462
Unfunded commitment	None		None
Redemption frequency	Immediate		Immediate
Other redemption restrictions	None		None
Redemption notice period	None		None

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

- Definition

Tabular disclosure of fair value of investment held by employee stock purchase, saving, or similar plan (employee benefit plan (EBP)), including, but not limited to, fair value measured at net asset value per share as practical expedient (NAV).

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+ Details