kinetik holdings inc - KNTK

KNTK

Close Chg Chg %
60.57 1.55 2.56%

Closed Market

62.12

+1.55 (2.56%)

Volume: 521.87K

Last Updated:

Nov 21, 2024, 3:59 PM EDT

Company Overview: kinetik holdings inc - KNTK

KNTK Key Data

Open

$60.83

Day Range

60.65 - 62.55

52 Week Range

31.73 - 62.55

Market Cap

$3.62B

Shares Outstanding

59.75M

Public Float

33.58M

Beta

2.91

Rev. Per Employee

N/A

P/E Ratio

22.37

EPS

$2.72

Yield

500.08%

Dividend

$0.78

EX-DIVIDEND DATE

Oct 28, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

533.56K

 

KNTK Performance

1 Week
 
7.71%
 
1 Month
 
25.18%
 
3 Months
 
43.51%
 
1 Year
 
69.23%
 
5 Years
 
228.78%
 

KNTK Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 13
Full Ratings ➔

About kinetik holdings inc - KNTK

Kinetik Holdings, Inc. provides oil and gas production and distribution services. It operates through the Midstream Logistics and Pipeline Transportation segments. The Midstream Logistics segment is involved in the following service offerings: gas gathering and processing, crude oil gathering, stabilization and storage services, and water gathering and disposal. The Pipeline Transportation segment focuses on the equity investment interests in four Permian Basin pipelines that access various points along the Texas Gulf Coast, Brandywine NGL Pipeline, and the Delaware Link Pipeline that is under development. The company was founded in 2012 and is headquartered in Houston, TX.

KNTK At a Glance

Kinetik Holdings, Inc.
2700 Post Oak Boulevard
Houston, Texas 77056-4400
Phone 1-713-621-7330 Revenue 1.25B
Industry Oil & Gas Pipelines Net Income 289.44M
Sector Industrial Services 2023 Sales Growth 3.265%
Fiscal Year-end 12 / 2024 Employees 330
View SEC Filings

KNTK Valuation

P/E Current 22.367
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.949
Price to Sales Ratio 3.897
Price to Book Ratio N/A
Price to Cash Flow Ratio 8.354
Enterprise Value to EBITDA 25.392
Enterprise Value to Sales 9.281
Total Debt to Enterprise Value 0.31

KNTK Efficiency

Revenue/Employee 3,797,309.091
Income Per Employee 877,096.97
Receivables Turnover 5.809
Total Asset Turnover 0.195

KNTK Liquidity

Current Ratio 1.029
Quick Ratio 1.016
Cash Ratio 0.049

KNTK Profitability

Gross Margin 21.807
Operating Margin 14.126
Pretax Margin 12.253
Net Margin 23.098
Return on Assets 4.506
Return on Equity N/A
Return on Total Capital 9.426
Return on Invested Capital 10.382

KNTK Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 117.288
Total Debt to Total Assets 53.598
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 116.337
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Kinetik Holdings Inc - KNTK

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
148.41M 160.62M 1.21B 1.25B
Sales Growth
+9.29% +8.23% +655.52% +3.27%
Cost of Goods Sold (COGS) incl D&A
56.93M 66.50M 956.12M 979.85M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
15.95M 16.20M 260.35M 280.99M
Depreciation
15.95M 16.20M 139.65M 158.69M
Amortization of Intangibles
- - 120.70M 122.30M
-
COGS Growth
-41.52% +16.81% +1,337.86% +2.48%
Gross Income
91.48M 94.12M 257.37M 273.26M
Gross Income Growth
+137.87% +2.88% +173.44% +6.18%
Gross Profit Margin
+61.64% +58.60% +21.21% +21.81%
2020 2021 2022 2023 5-year trend
SG&A Expense
13.15M 14.18M 75.65M 96.24M
Research & Development
- - - -
-
Other SG&A
13.15M 14.18M 75.65M 96.24M
SGA Growth
+27.71% +7.81% +433.41% +27.22%
Other Operating Expense
- - 15.07M 13.89M
-
Unusual Expense
37.72M 78.10M (52.13M) (30.16M)
EBIT after Unusual Expense
25.54M (12.05M) 233.85M 207.18M
Non Operating Income/Expense
56.44M 121.87M 168.73M 156.82M
Non-Operating Interest Income
- - 9.00K 4.00K
-
Equity in Earnings of Affiliates
58.74M 113.76M 180.96M 200.01M
Interest Expense
2.19M 10.60M 149.25M 210.45M
Interest Expense Growth
+22.21% +383.93% +1,308.30% +41.01%
Gross Interest Expense
10.92M 10.60M 152.00M 228.72M
Interest Capitalized
- 8.73M 2.75M 18.27M
Pretax Income
79.79M 99.22M 253.34M 153.54M
Pretax Income Growth
+106.26% +24.36% +155.33% -39.39%
Pretax Margin
+53.76% +61.77% +20.88% +12.25%
Income Tax
- (696.00K) 2.62M (232.91M)
Income Tax - Current - Domestic
- (696.00K) 522.00K 492.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - 2.09M (233.40M)
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
58.74M 113.76M 180.96M 200.01M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
80.48M 99.22M 250.72M 386.45M
Minority Interest Expense
78.89M 113.17M 177.09M 97.01M
Net Income
1.59M (13.94M) 73.64M 289.44M
Net Income Growth
+100.43% -976.43% +628.08% +293.08%
Net Margin Growth
+1.07% -8.68% +6.07% +23.10%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.59M (13.94M) 73.64M 289.44M
Preferred Dividends
- - 12.53M 17.41M
-
Net Income Available to Common
1.59M (13.94M) 61.10M 272.04M
EPS (Basic)
0.2124 -1.8612 1.4786 5.2493
EPS (Basic) Growth
+100.43% -976.27% +179.44% +255.02%
Basic Shares Outstanding
7.49M 7.49M 41.33M 51.82M
EPS (Diluted)
0.1409 -1.9292 1.4774 1.8608
EPS (Diluted) Growth
+100.29% -1,469.20% +176.58% +25.95%
Diluted Shares Outstanding
32.49M 32.49M 41.36M 146.20M
EBITDA
79.20M 82.25M 442.06M 458.01M
EBITDA Growth
+40.41% +3.85% +437.44% +3.61%
EBITDA Margin
+53.37% +51.21% +36.43% +36.55%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 51.00
Number of Ratings 13 Current Quarters Estimate 0.506
FY Report Date 12 / 2024 Current Year's Estimate 1.666
Last Quarter’s Earnings 0.35 Median PE on CY Estimate N/A
Year Ago Earnings 2.38 Next Fiscal Year Estimate 2.444
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 6 9 9
Mean Estimate 0.51 0.52 1.67 2.44
High Estimates 0.88 0.67 2.57 3.55
Low Estimate 0.23 0.35 1.05 1.39
Coefficient of Variance 37.25 23.48 24.71 26.44

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 6
OVERWEIGHT 0 0 1
HOLD 6 6 6
UNDERWEIGHT 1 2 1
SELL 1 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Kinetik Holdings Inc - KNTK

Date Name Shares Transaction Value
May 22, 2024 Laura A. Sugg Director 62,459 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Deborah L. Byers Director 11,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 Kevin S. McCarthy Director 103,357 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 David Mark Leland Director 19,722 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 22, 2024 William Ordemann Director 3,909 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 30, 2024 Jamie W. Welch See Remarks; Director 24,385 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 30, 2024 I Squared Capital Advisors (US) LLC 1,600,633 Conversion of derivative security 0.00
Apr 30, 2024 I Squared Capital Advisors (US) LLC 4,996,717 Conversion of derivative security 0.00
Apr 30, 2024 Jamie W. Welch See Remarks; Director 3,599,228 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 30, 2024 Blackstone Corporate Private Equity 534,867 Conversion of derivative security 0.00
Apr 30, 2024 Blackstone Corporate Private Equity 3,311,827 Conversion of derivative security 0.00
Apr 30, 2024 Blackstone Corporate Private Equity 1,657,988 Conversion of derivative security 0.00
Apr 30, 2024 Blackstone Corporate Private Equity 10,255,727 Conversion of derivative security 0.00
Mar 21, 2024 Anne Psencik See Remarks 254,447 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37 per share 9,414,539.00
Mar 20, 2024 APA Corp. N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $33.75 per share 0.00
Mar 13, 2024 Trevor Howard See Remarks 205,411 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35.68 per share 7,329,064.48
Mar 12, 2024 Jamie W. Welch See Remarks; Director 3,584,411 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2024 Jamie W. Welch See Remarks; Director 50,710 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2024 Todd Carpenter See Remarks 257,154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2024 Trevor Howard See Remarks 3,227 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Kinetik Holdings Inc in the News