Kinetik Secures $2.75 Billion Credit Agreements

Kinetik ( (KNTK) ) has issued an update.

On May 30, 2025, Kinetik Holdings LP, a subsidiary of Kinetik Holdings Inc., entered into a $1.6 billion revolving credit agreement and a $1.15 billion term loan credit agreement, both unsecured, with various financial institutions. These agreements replace previous credit facilities and include covenants and provisions that could impact Kinetik LP’s financial operations and obligations, potentially affecting its stakeholders.

The most recent analyst rating on (KNTK) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Kinetik stock, see the KNTK Stock Forecast page.

Spark’s Take on KNTK Stock

According to Spark, TipRanks’ AI Analyst, KNTK is a Neutral.

Kinetik’s stock score reflects solid financial performance with robust cash flow and strategic growth initiatives, but is tempered by high leverage and valuation concerns. The earnings call highlights progress and shareholder value initiatives, while technical analysis presents a neutral outlook.

To see Spark’s full report on KNTK stock, click here.

More about Kinetik

Average Trading Volume: 1,033,784

Technical Sentiment Signal: Buy

Current Market Cap: $7.12B

For detailed information about KNTK stock, go to TipRanks’ Stock Analysis page.