Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.