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KNTK

KNTK - Kinetik Holdings Inc. Stock Price, Fair Value and News

40.04USD-0.85 (-2.08%)Market Closed

Market Summary

KNTK
USD40.04-0.85
Market Closed
-2.08%

KNTK Alerts

  • Big jump in Earnings (Y/Y)

KNTK Stock Price

View Fullscreen

KNTK RSI Chart

KNTK Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

5.55

Price/Sales (Trailing)

1.76

EV/EBITDA

8.3

Price/Free Cashflow

7.56

KNTK Price/Sales (Trailing)

KNTK Profitability

EBT Margin

14.28%

Return on Equity

-42.9%

Return on Assets

6.48%

Free Cashflow Yield

13.23%

KNTK Fundamentals

KNTK Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

21.48%

Rev. Growth (Qtr)

-2.14%

KNTK Earnings

Earnings (TTM)

417.6M

Earnings Growth (Yr)

723.61%

Earnings Growth (Qtr)

-86.76%

Breaking Down KNTK Revenue

Last 7 days

2.7%

Last 30 days

2.8%

Last 90 days

14.0%

Trailing 12 Months

23.2%

How does KNTK drawdown profile look like?

KNTK Financial Health

Current Ratio

1.1

Debt/Equity

-3.61

Debt/Cashflow

0.18

KNTK Investor Care

Dividend Yield

7.49%

Dividend/Share (TTM)

3

Shares Dilution (1Y)

21.54%

Diluted EPS (TTM)

2.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.3B000
20231.2B1.2B1.2B1.3B
2022771.2M971.0M1.1B1.2B
2021517.2M621.3M747.7M662.0M
2020142.8M150.3M156.5M409.9M
2019100.1M111.7M120.3M135.8M
201827.2M38.2M58.3M78.4M
201700015.1M

Tracking the Latest Insider Buys and Sells of Kinetik Holdings Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 20, 2024
byers deborah l
acquired
-
-
3,488
-
May 20, 2024
sugg laura a
acquired
-
-
3,488
-
May 20, 2024
mccarthy kevin s
acquired
-
-
3,488
-
May 20, 2024
ordemann william
acquired
-
-
3,488
-
May 20, 2024
leland d mark
acquired
-
-
3,488
-
Apr 25, 2024
isq global fund ii gp llc
acquired
-
-
234
-
Apr 25, 2024
bcp raptor aggregator l.p.
acquired
-
-
559
-
Apr 25, 2024
welch jamie
acquired
-
-
3.00
see remarks
Apr 25, 2024
blackstone holdings iii l.p.
acquired
-
-
559
-
Apr 04, 2024
ordemann william
acquired
-
-
413
-

1–10 of 50

Which funds bought or sold KNTK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
148
62,047,000
93,636,000
0.73%
May 20, 2024
Virtu Financial LLC
added
150
444,000
667,000
0.05%
May 16, 2024
JANE STREET GROUP, LLC
added
78.07
888,977
1,678,690
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
new
-
688,954
688,954
0.03%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
38.02
560,108
1,425,030
-%
May 16, 2024
Tidal Investments LLC
reduced
-20.64
-19,265
346,231
0.01%
May 16, 2024
COMERICA BANK
added
4.12
4,137
21,171
-%
May 15, 2024
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
new
-
1,778,000
1,778,000
-%
May 15, 2024
OCCUDO QUANTITATIVE STRATEGIES LP
sold off
-100
-593,618
-
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-48.61
-72,698
115,344
-%

1–10 of 47

Are Funds Buying or Selling KNTK?

Are funds buying KNTK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own KNTK
No. of Funds

Unveiling Kinetik Holdings Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 20, 2024
apa corp
0%
0
SC 13D/A
Mar 11, 2024
isq global fund ii gp llc
39.1%
34,086,514
SC 13D/A
Mar 11, 2024
blackstone holdings iii l.p.
60.3%
69,988,700
SC 13D/A
Dec 18, 2023
apa corp
22.9%
13,079,871
SC 13D/A
Nov 27, 2023
isq global fund ii gp llc
39.6%
33,481,450
SC 13D/A
Nov 27, 2023
blackstone holdings iii l.p.
60.6%
68,746,815
SC 13D/A
Aug 18, 2023
apa corp
39.2%
20,485,398
SC 13D/A
Aug 18, 2023
isq global fund ii gp llc
40.1%
32,880,412
SC 13D/A
Aug 18, 2023
blackstone holdings iii l.p.
60.9%
67,513,192
SC 13D/A
May 19, 2023
isq global fund ii gp llc
40.6%
32,285,102
SC 13D/A

Recent SEC filings of Kinetik Holdings Inc.

View All Filings
Date Filed Form Type Document
Jun 07, 2024
8-K
Current Report
May 23, 2024
8-K
Current Report
May 21, 2024
4
Insider Trading
May 21, 2024
4
Insider Trading
May 21, 2024
4
Insider Trading
May 21, 2024
4
Insider Trading
May 21, 2024
4
Insider Trading
May 20, 2024
S-8
Employee Benefits Plan
May 13, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report

Kinetik Holdings Inc. News

Latest updates
Defense World9 hours ago
Yahoo Movies UK10 Jun 202411:25 pm
Seeking Alpha22 May 202407:00 am

Kinetik Holdings Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.1%34134933029628129532533625721216713614829740.0032.0041.0044.0034.0024.0034.00
Costs and Expenses7.7%3152932922592542502792952382061511351171,36721.0020.0022.001,32241.0029.0030.00
  S&GA Expenses37.8%34.0025.0023.0023.0028.0022.0023.0026.0023.0011.007.005.006.0013.003.003.004.002.003.002.003.00
EBITDA Margin4.3%0.53*0.51*0.54*0.53*0.51*0.52*0.50*0.53*0.47*0.54*-0.80*-1.05*-1.36*-2.02*-7.79*-8.33*-8.88*-9.07*---
Interest Expenses36.5%57.0042.0040.0089.0037.0044.0024.0027.0026.0027.0027.0027.0027.001050.00--0.00-0.811.000.00
Income Taxes101.6%4.00-2341.000.000.000.001.000.001.001.001.00--2.00---0.70-0.01---
Earnings Before Taxes20.9%39.0032.0044.0072.005.0049.0051.0013222.00-5.276.00-15.3718.00-1,17531.0016.00-26.07-1,265-8.69-5.936.00
EBT Margin16.8%0.14*0.12*0.14*0.15*0.19*0.21*0.18*0.16*0.01*0.01*-1.56*-1.84*-2.15*-2.82*-7.95*-8.54*-9.15*-9.38*---
Net Income-86.8%35.0026743.0072.004.0048.0049.0013121.00-5.935.00-15.3718.00-1,17731.0016.00-25.37-363-8.19-5.506.00
Net Income Margin3.1%0.32*0.31*0.14*0.15*0.19*0.21*0.17*0.16*0.01*0.00*-1.57*-1.84*-2.15*-2.82*-2.18*-2.54*-2.82*-2.74*---
Free Cashflow-14.4%96.0011289.0010.0061.0011495.0012869.0059.0044.0033.0022.00-18748.0028.0032.00-10.88---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.8%6,4486,4976,2866,2276,1255,9206,0075,9966,0143,5531,8661,8541,8431,8001,7561,6421,5891,5012,6622,4451,868
  Current Assets0.0%25725728824824624231934230921813098.0076.0043.0020.0021.0038.0032.0050.00394226
    Cash Equivalents116.3%10.005.000.002.002.006.0012.005.0018.0019.0035.0019.0031.0020.002.002.0019.0050.003.00377177
  Inventory----------3.003.003.004.004.004.004.004.004.0015.006.006.00
  Net PPE0.2%2,7472,7432,7202,6922,6342,5352,5292,4812,4781,8391891911931962052072092061,4431,4491,360
  Goodwill0%5.005.005.005.005.005.005.004.004.00------------
Liabilities-1.9%3,7963,8703,9163,8903,8503,6473,7803,3633,5052,546878880906863844749713597428202135
  Current Liabilities-6.5%23425025119924822828530638924127.0025.0022.0030.0017.0012.0013.0034.0056.0071.00101
  Long Term Debt-1.3%3,5173,5633,6073,6263,5123,3693,4482,9712,8942,253657657657624580493468396235--
Shareholder's Equity-83.4%-973-530---636-839---0.000.000.000.000.0072.0069.0070.000.00444449228
  Retained Earnings-34.5%-973-723-929-902-863-958-941-1,181-1,137--484-506-369-369-400-402-369-392-29.02-24.16-212
  Additional Paid-In Capital-100.0%-19392.00-230119107-----38.0012247447412240.00474474441
Accumulated Depreciation6.5%667626-------25.0022.0019.0016.0013.0010.007.004.001.0052.0040.0032.00
Shares Outstanding11.7%58.0052.0053.0049.0048.0042.0040.0039.0037.007.007.007.007.007.007.007.007.007.007.007.007.00
Float----639---565---219---41.00---245-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-14.1%153,705178,895174,538111,456119,591159,762184,326170,52598,39376,21965,14052,61641,594-35,35150,65035,25951,53836,83717,74811,63410,054
  Share Based Compensation-22,561---17,54011,80112,70012,2006,132------------
Cashflow From Investing40.2%-61,980-103,720-134,697-201,435-246,468-69,712-147,359-49,667-19,392-18,298-18,806-21,460-41,057-204,306-125,985-77,680-97,615-188,641-617,349-415,147-282,551
Cashflow From Financing-22.3%-86,479-70,733-42,01090,232122,467-95,384-30,558-133,185-80,084-74,371-30,197-43,03710,795212,94175,43825,00059,395155,193225,275602,995-
  Dividend Payments66.1%38,74723,32221,83419,26916,92714,94713,11211,239-5,6005,6005,6005,600--------
  Buy Backs----21.503,3252,432----------------
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KNTK Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues:  
Total operating revenues[1]$ 341,394$ 281,040
Operating costs and expenses:  
Costs of sales (exclusive of depreciation and amortization)[2],[3]153,687115,877
Operating expenses43,40635,973
Ad valorem taxes6,2925,458
General and administrative expenses34,13627,511
Depreciation and amortization expenses73,60668,854
Loss on disposal of assets4,166102
Total operating costs and expenses315,293253,775
Operating income26,10127,265
Other income (expense):  
Interest and other income91294
Interest expense(47,467)(69,308)
Equity in earnings of unconsolidated affiliates60,46946,464
Total other income (expense), net13,093(22,550)
Income before income taxes39,1944,715
Income tax expense3,787416
Net income including noncontrolling interest35,4074,299
Net income attributable to Common Unit limited partners23,8572,863
Net income attributable to Class A Common Stock Shareholders$ 11,550$ 1,436
Net income attributable to Class A Common Shareholders, per share  
Basic (in USD per share)$ 0.12$ (0.06)
Diluted (in USD per share)$ 0.12$ (0.06)
Weighted-average shares  
Basic (in shares)[4]57,86947,612
Diluted (in shares)[4]58,39247,825
Service revenue  
Operating revenues:  
Total operating revenues$ 102,195$ 103,425
Product revenue  
Operating revenues:  
Total operating revenues236,567173,824
Other revenue  
Operating revenues:  
Total operating revenues$ 2,632$ 3,791
[1]Includes amounts associated with related parties of $17.2 million and $25.8 million for the three months ended March 31, 2024 and 2023, respectively.
[2]Cost of sales (exclusive of depreciation and amortization) is net of gas service revenues totaling $44.5 million and $30.5 million for the three months ended March 31, 2024 and 2023, respectively, for certain volumes where we act as principal.
[3]Includes amounts associated with related parties of $23.3 million and $19.7 million for the three months ended March 31, 2024 and 2023, respectively
[4]Weighted average Class A common shares have been retrospectively restated due to effect of Class A common shares issued under the Reinvestment Agreement for all periods presented in which the Class A common shares were outstanding.

KNTK Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:  
Cash and cash equivalents$ 9,756$ 4,510
Accounts receivable, net of allowance for credit losses of $1,000 in 2024 and 2023[1]209,878215,721
Derivatives assets - current10,2647,812
Prepaid and other current assets27,39129,256
Current assets257,289257,299
NONCURRENT ASSETS:  
Property, plant and equipment, net2,747,4832,743,227
Intangible assets, net562,837591,670
Derivative asset, non-current134165
Deferred tax assets238,258235,627
Operating lease right-of-use assets27,01537,569
Deferred charges and other assets83,21385,250
Investments in unconsolidated affiliates2,526,2782,540,989
Goodwill5,0775,077
Noncurrent assets6,190,2956,239,574
Total assets6,447,5846,496,873
CURRENT LIABILITIES:  
Accounts payable16,46734,000
Accrued expenses170,075177,421
Derivative liabilities14,8111,734
Current portion of operating lease liabilities24,98729,203
Other current liabilities7,6117,786
Current liabilities233,951250,144
NONCURRENT LIABILITIES  
Long term debt, net3,517,1153,562,809
Contract liabilities24,83725,761
Operating lease liabilities3,0149,349
Derivatives liabilities - noncurrent4185,363
Other liabilities3,2303,219
Deferred tax liabilities13,78513,244
Noncurrent liabilities3,562,3993,619,745
Total liabilities3,796,3503,869,889
COMMITMENTS AND CONTINGENCIES (Note 15)
Redeemable noncontrolling interest — Common Unit limited partners3,624,6703,157,807
EQUITY:  
Additional paid-in capital0192,678
Accumulated deficit(973,451)(723,516)
Total equity(973,436)(530,823)
Total liabilities, noncontrolling interest, and equity6,447,5846,496,873
Class A Common Stock  
EQUITY:  
Common stock66
Class C Common Stock  
EQUITY:  
Common stock$ 9$ 9
[1]Includes amounts of $11.4 million and $15.8 million associated with related parties as of March 31, 2024 and December 31, 2023, respectively.
KNTK
Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services. Kinetik Holdings Inc. was founded in 2017 and is based in Houston, Texas.
 CEO
 WEBSITEkinetik.com
 INDUSTRYOil - Midstream
 EMPLOYEES300

Kinetik Holdings Inc. Frequently Asked Questions


What is the ticker symbol for Kinetik Holdings Inc.? What does KNTK stand for in stocks?

KNTK is the stock ticker symbol of Kinetik Holdings Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kinetik Holdings Inc. (KNTK)?

As of Wed Jun 12 2024, market cap of Kinetik Holdings Inc. is 2.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KNTK stock?

You can check KNTK's fair value in chart for subscribers.

What is the fair value of KNTK stock?

You can check KNTK's fair value in chart for subscribers. The fair value of Kinetik Holdings Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kinetik Holdings Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KNTK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kinetik Holdings Inc. a good stock to buy?

The fair value guage provides a quick view whether KNTK is over valued or under valued. Whether Kinetik Holdings Inc. is cheap or expensive depends on the assumptions which impact Kinetik Holdings Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KNTK.

What is Kinetik Holdings Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, KNTK's PE ratio (Price to Earnings) is 5.67 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KNTK PE ratio will change depending on the future growth rate expectations of investors.