YOLFTbeta
Kinetik Holdings Inc

Kinetik Holdings Inc

KNTK · NYSE · Energy / Oil & Gas Midstream

54.88USD+0.40 (+0.73%)

Price History

Full chart

Market Stats

Previous Close54.48
Open55.05
Day Range54.58 – 55.30
52-Week Range29.72 – 56.92
Volume1.02M
Market Cap8.66B
P/E (TTM)17.91
Forward P/E21.41
EPS2.86
Dividend Yield6.27%
Beta0.78
50-Day Avg52.56
200-Day Avg46.54

About

Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It offers gathering, compression, processing, stabilization, treating, and storage services; transportation services through pipelines; and water gathering and disposal services for companies that produce natural gas, natural gas liquids (NGL), and crude oil. The company also sells condensates, natural gas residue, and NGLs. Kinetik Holdings Inc. was founded in 2017 and is headquartered in Midland, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Jamie W. Welch
  • Employees500
  • Headquarters303 Veterans Airpark Lane, Midland, TX, United States, 79705, USA
  • Websitehttps://www.kinetik.com

Leadership

  • Mr. Jamie W. WelchPresident, CEO & Director · b. 1967
  • Mr. Trevor HowardSenior VP & CFO · b. 1991
  • Mr. Matthew WallExecutive VP & COO · b. 1984
  • Mr. Steven M. StellatoExecutive VP, Chief Accounting & Chief Administrative Officer · b. 1975
  • Ms. Lindsay EllisGeneral Counsel, Chief Compliance Officer & Corporate Secretary · b. 1987
  • Ms. Alex DurkeeDirector of Investor Relations
  • Mr. Tyler A. MilamSenior Vice President, Crude, Water & New Energy Ventures

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-15.14M571.37M378.74M410.18M662.04M1.21B1.26B1.48B1.76B
Growth (%)--+3673.42%-33.71%+8.30%+61.40%+83.29%+3.54%+18.03%+18.98%
Cost of Revenue-16.60M532.66M272.94M288.82M477.18M801.86M796.71M944.82M1.17B
Gross Profit--1.46M38.71M105.81M121.36M184.87M411.63M459.70M538.11M595.80M
Gross Margin--9.61%6.78%27.94%29.59%27.92%33.92%36.59%36.29%33.77%
Operating Expense--348.05K65.11M117.88M1.14B131.38M261.14M300.45M358.88M430.87M
Operating Income-2.38K-1.11M-26.40M-12.07M-1.02B53.49M150.49M159.25M179.23M164.93M
Operating Margin--7.31%-4.62%-3.19%-248.79%8.08%12.40%12.68%12.09%9.35%
EBITDA-2.38K-1.11M91.02M196.13M-807.46M350.90M653.37M634.19M801.26M1.18B
EBITDA Margin--7.31%15.93%51.78%-196.86%53.00%53.84%50.48%54.03%67.15%
Net Income-2.38K-733.27K-108.98M-144.43M-1.16B1.48M135.52M386.45M244.23M525.93M
Net Income Margin--4.84%-19.07%-38.13%-281.78%0.22%11.17%30.76%16.47%29.81%
R&D-00-------
R&D as % of Total Revenue-0.00%0.00%-------
Interest Expense0083.06M133.53M2.19M104.00M149.25M199.66M209.80M225.50M
Interest Expense % of Total Revenue-0.00%14.54%35.26%0.53%15.71%12.30%15.89%14.15%12.78%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets45.73K705.75M1.86B1.50B3.60B3.55B5.92B6.50B6.81B7.27B
Total Liabilities23.11K149.70M130.53M598.38M2.56B2.55B3.65B3.87B3.84B4.34B
Total Equity22.62K556.05M-213.71M-353.07M1.04B10.00K-839.77M-530.82M-2.98B-565.38M
Cash7.50K479.06K449.94M5.98M19.59M18.73M6.39M4.51M3.61M3.95M
Total Debt20.00K--409.39M2.45B2.37B3.40B3.60B3.53B3.87B
Net Debt12.50K-479.06K-449.94M403.40M2.43B2.35B3.39B3.60B3.53B3.86B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.38K-865.83K-47.60M44.66M102.10M235.57M613.01M584.48M637.35M604.12M
Investing Cash Flow--175.10M-1.27B-1.50B-505.59M-99.62M-286.13M-686.32M-176.89M-199.09M
Financing Cash Flow9.88K378.66M1.37B627.57M372.77M-136.81M-339.21M99.96M-461.36M-404.68M
Capital Expenditure084.00M167.27M356.96M199.05M82.71M221.58M329.55M275.87M529.67M
Free Cash Flow--865.83K-214.87M-312.31M-96.96M152.86M391.43M254.93M361.47M74.45M
Dividends Paid-0289.28M289.28M23.12M51.19M41.15M81.35M175.21M500.05M
FCF to OCF-100.00%451.39%-699.33%-94.97%64.89%63.85%43.62%56.72%12.32%
Dividend Paid to FCF-0.00%-134.63%-92.63%-23.85%33.49%10.51%31.91%48.47%671.67%

Earnings

Report DateAug 14, 2017Nov 13, 2017Mar 27, 2018May 11, 2018Jul 27, 2018Nov 12, 2018Mar 1, 2019May 2, 2019Jul 31, 2019Oct 30, 2019Feb 27, 2020May 6, 2020Jul 30, 2020Nov 5, 2020Feb 24, 2021May 5, 2021Aug 5, 2021Nov 5, 2021Feb 22, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Feb 27, 2023May 3, 2023Aug 7, 2023Nov 8, 2023Feb 28, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 26, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate------1.72-0.860.04-0.19-0.270.010.160.040.080.250.370.560.610.490.660.600.640.480.490.600.620.470.890.570.410.370.350.370.230.330.240.190.39
EPS Actual-0.070.020.030.020.01-1.730.010.10-0.301.10124.407.000.070.17-2.432.290.180.042.131.70-0.762.46-0.09-0.060.701.071.700.381.790.330.340.260.500.232.160.770.64-
Surprise------0.58%100.98%150.00%-57.89%507.41%1243900.00%4275.00%75.00%112.50%-1072.00%518.92%-67.86%-93.44%334.69%157.58%-226.67%284.38%-118.75%-112.24%16.67%72.58%261.70%-57.30%214.04%-19.51%-9.30%-25.71%35.14%0.00%554.55%220.83%236.84%-
Timing-----Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.66B
Enterprise Value8.23B
Trailing P/E17.91
Forward P/E21.41
PEG Ratio8.62
Price / Sales4.59
Price / Book1.34
EPS2.86
Book Value-15.01
Revenue (TTM)1.89B
Gross Profit (TTM)776.81M
EBITDA626.68M
Profit Margin29.18%
Operating Margin23.04%
Return on Equity19.23%
Return on Assets1.96%
Shares Outstanding80.44M
Shares Float62.95M
Beta0.78
Dividend Yield6.27%
Dividend Rate3.21
Payout Ratio84.47%

Analyst Ratings

Buy
Based on 14 analystsTarget 57.31
  • Strong Buy
    3
  • Buy
    5
  • Hold
    5
  • Sell
    1

Dividends

20264×
0.81Oct 23, 20260.81Jul 24, 20260.81Apr 24, 20260.81Feb 6, 2026
20254×
0.78Oct 27, 20250.78Jul 25, 20250.78Apr 25, 20250.78Feb 3, 2025
20244×
0.78Oct 28, 20240.75Jul 29, 20240.75Apr 26, 20240.75Feb 21, 2024
20234×
0.75Nov 10, 20230.75Aug 3, 20230.75May 4, 20230.75Feb 3, 2023
20223×
0.75Nov 4, 20220.75Aug 4, 20220.75May 4, 2022
20214×
0.75Nov 29, 20210.75Aug 26, 20210.75May 27, 20210.75Feb 25, 2021

Stock Splits

  • Jun 9, 20222:1
  • Jul 1, 20201:20