Kinetik Holdings Inc (KNTK)

NYSE
Currency in USD
65.17
+0.57(+0.88%)
Closed
After Hours
65.19+0.02(+0.03%)
KNTK Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
Trading near 52-week High
Fair Value
Day's Range
64.0365.39
52 wk Range
31.7365.39
Key Statistics
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Prev. Close
64.6
Open
64.49
Day's Range
64.03-65.39
52 wk Range
31.73-65.39
Volume
549.57K
Average Volume (3m)
550.77K
1-Year Change
101.14%
Book Value / Share
-28.81
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Upsidepro lock
Price Target
57.80
Downside
-11.30%
Members' Sentiments
Bearish
Bullish
ProTips
3 analysts have revised their earnings downwards for the upcoming period
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Kinetik Holdings Company Profile

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. The company was founded in 2017 and is based in Houston, Texas.

Kinetik Holdings Inc SWOT Analysis


Strategic Expansion
Kinetik's acquisition of Durango and focus on New Mexico projects, including Kings Landing complex, position the company for significant growth in midstream services
Financial Balancing Act
Explore Kinetik's navigation of capital-intensive growth strategies while maintaining positive free cash flow projections and an attractive 5.53% dividend yield
Market Momentum
Delve into Kinetik's impressive 82.2% year-to-date stock return and strengthening market position, particularly in the New Mexico region
Analyst Outlook
RBC Capital Markets sets a $46.00 price target with an Outperform rating, reflecting confidence in Kinetik's expansion strategy and future prospects
Read full SWOT analysis

Kinetik Holdings Inc Earnings Call Summary for Q3/2024

  • Record Q3 adjusted EBITDA of $266M, up 23% YoY; processed gas volumes up 15% to 1.71 Bcf/d
  • Raised 2024 EBITDA guidance to $970M-$1B; Q3 free cash flow up to $165M with $59M capex
  • Acquired 27.5% stake in EPIC Crude; partnered with Diamondback Energy; advancing major construction projects
  • Increased quarterly dividend to $3.12 annually; projecting 10-12% CAGR from 2025-2027
  • Faced challenges: negative Waha Hub gas prices, volume curtailments; plans $400M investment in Kings Landing II
Last Updated: 08-11-2024, 02:56 pm
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Compare KNTK to Peers and Sector

Metrics to compare
KNTK
Peers
Sector
Relationship
P/E Ratio
12.8x13.5x4.8x
PEG Ratio
0.060.250.00
Price/Book
−6.0x1.2x1.1x
Price / LTM Sales
7.1x1.5x1.1x
Upside (Analyst Target)
−11.0%6.9%26.2%
Fair Value Upside
Unlock−7.2%8.2%Unlock

Analyst Ratings

6 Buy
7 Hold
0 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 57.80
(-11.30% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.21
Dividend Yield
4.79%
Industry Median 5.40%
Annualised payout
3.1200
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 06, 2024
EPS / Forecast
0.35 / 0.45
Revenue / Forecast
396.36M / 331.21M
EPS Revisions
Last 90 days

FAQ

What Is the Kinetik Holdings (KNTK) Stock Price Today?

The Kinetik Holdings stock price today is 65.17.

What Stock Exchange Does Kinetik Holdings Trade On?

Kinetik Holdings is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Kinetik Holdings?

The stock symbol for Kinetik Holdings is "KNTK."

Does Kinetik Holdings Pay Dividends? What’s The Current Dividend Yield?

The Kinetik Holdings dividend yield is 4.79%.

What Is the Kinetik Holdings Market Cap?

As of today, Kinetik Holdings market cap is 10.27B.

What is Kinetik Holdings Earnings Per Share?

The Kinetik Holdings EPS is 5.21.

What Is the Next Kinetik Holdings Earnings Date?

Kinetik Holdings will release its next earnings report on 03 Mar 2025.

From a Technical Analysis Perspective, Is KNTK a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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