Kinetik Holdings Inc.(KNTK) Stock Research - Grey Stern Research
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Kinetik Holdings Inc. (KNTK) Stock Analysis

$62.32 (0.65%)

KNTK Financial Performance


Use the table below to view Kinetik Holdings Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $62.32 -
52 Week Low $31.73 -
52 Week High $63.34 -
Market Cap $3.7 Billion 8/14
Gross Margin 100% 1/14
Profit Margin 21% 5/14
EBITDA margin 43% 6/14
Q3 - 2024 Revenue $396.4 Million 9/14
Q3 - 2024 Earnings $83.7 Million 6/14
Q3 - 2024 Free Cash Flow $314.3 Million 5/14
Trailing 4 Quarters Revenue $1.5 Billion 10/14
Trailing 4 Quarters Earnings $423.6 Million 5/14
Quarterly Earnings Growth 94% 1/14
Annual Earnings Growth 64% 5/14
Quarterly Revenue Growth 20% 1/14
Annual Revenue Growth 21% 2/14
Cash On Hand $20.4 Million 6/14
Short Term Debt $188.6 Million 5/14
Long Term Debt $3.3 Billion 10/14

Kinetik Holdings Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Kinetik Holdings Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 8.79 12/14
PS 2.53 6/14
PB 1.22 9/14
PC 182.20 7/14
Liabilities to Equity 0.00 13/14
ROA 0.06 5/14
ROE -0.25 13/14
Current Ratio 1.81 3/14
Quick Ratio 0.01 5/14
Long Term Debt to Equity -1.91 13/14
Debt to Equity -2.02 13/14
Burn Rate 0.22 5/14
Cash to Cap 0.01 4/14
CCR 3.76 4/14
EV to EBITDA 42.07 8/14
EV to Revenue 4.87 6/14

Company Details

Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas.

CEO:

Website: https://www.kinetik.com

Address: , DE

Exchange: NASDAQ Global Market

Industry: Oil & Gas Midstream

Kinetik Holdings Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Kinetik Holdings Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Plains All American Pipeline, L.P. PAA $13.6 Billion
EnLink Midstream, LLC ENLC $6.9 Billion
MPLX LP MPLX $51.1 Billion
NGL Energy Partners LP NGL $711.6 Million
Western Midstream Partners, LP WES $15.7 Billion
DCP Midstream, LP DCP $8.7 Billion
NuStar Energy L.P. NS $2.8 Billion
Genesis Energy, L.P. GEL $1.3 Billion
Holly Energy Partners, L.P. HEP $2.6 Billion
Crestwood Equity Partners LP CEQP $3.0 Billion
Martin Midstream Partners L.P. MMLP $142.4 Million
Hess Midstream LP HESM $8.6 Billion
DT Midstream, Inc. DTM $11.0 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
KNTK Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 396.4 Million $83.7 Million
Q2 2024 $ 385.3 Million $37.2 Million
Q1 2024 $ 341.4 Million $35.4 Million
Q4 2023 $ 348.9 Million $267.4 Million
Q3 2023 $ 330.3 Million $43.1 Million
Q2 2023 $ 296.2 Million $71.7 Million
Q1 2023 $ 281.0 Million $4.3 Million
Q4 2022 $ 295.5 Million $48.5 Million

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KNTK Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $20.4 Million $6.9 Billion $3.5 Billion $3.1 Billion
Q2 2024 $12.5 Million $6.9 Billion $3.5 Billion $3.1 Billion
Q1 2024 $9.8 Million $6.4 Billion $3.5 Billion $2.7 Billion
Q4 2023 $4.5 Million $6.5 Billion $3.6 Billion $2.6 Billion
Q3 2023 $68,000 $6.3 Billion $3.7 Billion $2.4 Billion
Q2 2023 $2.2 Million $3.0 Billion $3.7 Billion -$905.8 Million
Q1 2023 $2.0 Million $6.1 Billion $3.6 Billion -$636.2 Million
Q4 2022 $6.4 Million $5.9 Billion $3.4 Billion -$839.8 Million

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KNTK Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $314.3 Million $100.1 Million $7.9 Million
Q2 2024 $85.6 Million -$39.9 Million $2.8 Million
Q1 2024 $93.5 Million -$60.2 Million $5.2 Million
Q4 2023 $110.2 Million -$68.7 Million $4.4 Million
Q3 2023 $87.8 Million -$86.8 Million -$2.2 Million
Q2 2023 $0 $0 $0
Q1 2023 $51.0 Million -$68.6 Million -$4.4 Million
Q4 2022 $112.0 Million -$47.8 Million -$5.3 Million

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