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Kinetik (KNTK)
NYSE:KNTK
Holding KNTK?
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KNTK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$31.73 - $65.39
Previous CloseN/A
Volume81.03K
Average Volume (3M)582.59K
Market Cap
$10.18B
Enterprise Value$10.97B
Total Cash (Recent Filing)$7.50K
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)23.8
Beta0.76
Next Earnings
Mar 04, 2025EPS Estimate
0.44Last Dividend Ex-Date
Oct 28, 2024Dividend Yield4.69%
Share Statistics
EPS (TTM)2.71
Shares Outstanding59,754,272
10 Day Avg. Volume568,682
30 Day Avg. Volume582,586
Standard Deviation0.41
R-Squared0.14
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)7.04
Price to Cash Flow (P/CF)11.90
P/FCF Ratio15.00
Enterprise Value/Market Cap1.08
Enterprise Value/Revenue7.58
Enterprise Value/Gross Profit23.85
Enterprise Value/Ebitda13.04
Forecast
1Y Price Target
$60.86Price Target Upside-6.61% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Kinetik News
PremiumCompany Announcements
Kinetik Announces Board Changes with New Appointment
PremiumCompany Announcements
Kinetik Holdings Reports Strong Q3 Results, Raises Guidance
Bulls Say, Bears Say
Bulls Say
Acquisition And ExpansionThe Durango acquisition gives KNTK more control of undedicated upstream NGL barrels - a differentiator that should boost its investment case in a sector that has seen a lot of consolidation.
Financial PerformanceKNTK reported stronger than expected 3Q24 adjusted EBITDA and raised its FY24 outlook, indicating a positive growth trajectory.
Strategic Growth InitiativesKNTK's decision to proceed with a new gas pipeline project aims to optimize capacity and enhance high-margin operations, supporting future growth.
Bears Say
Future Performance ImpactAlpine High curtailments in 2Q24 could blunt some of KNTK's 1Q24 momentum, but focus should be on revised outlook.
Production CurtailmentIn Q3, approximately 170 MMcf/d of production was curtailed on KNTK’s system due to low Waha prices.
Shareholder ActivityFurther equity outperformance may face challenges due to a higher probability of equity sell-downs from major shareholders at the current valuation.
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Ownership Overview
23.03% Insiders
16.63% Mutual Funds
1.10% Other Institutional Investors
43.12% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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KNTK FAQ
What was Kinetik’s price range in the past 12 months?
Kinetik lowest stock price was $31.73 and its highest was $65.39 in the past 12 months.
What is Kinetik’s market cap?
Kinetik’s market cap is $10.18B.
When is Kinetik’s upcoming earnings report date?
Kinetik’s upcoming earnings report date is Mar 04, 2025 which is in 45 days.
How were Kinetik’s earnings last quarter?
Kinetik released its earnings results on Nov 06, 2024. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.446 by -$0.096.
Is Kinetik overvalued?
According to Wall Street analysts Kinetik’s price is currently Overvalued.
Does Kinetik pay dividends?
Kinetik pays a Quarterly dividend of $3.029 which represents an annual dividend yield of 4.69%. See more information on Kinetik dividends here
What is Kinetik’s EPS estimate?
Kinetik’s EPS estimate is 0.44.
How many shares outstanding does Kinetik have?
Kinetik has 59,754,272 shares outstanding.
What happened to Kinetik’s price movement after its last earnings report?
Kinetik reported an EPS of $0.35 in its last earnings report, missing expectations of $0.446. Following the earnings report the stock price went up 7.508%.
Which hedge fund is a major shareholder of Kinetik?
Among the largest hedge funds holding Kinetik’s share is Blackstone Inc.. It holds Kinetik’s shares valued at 539M.
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Kinetik Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$60.86 (-6.61% Downside)
$60.86 (-6.61% Downside)
Blogger Sentiment
Bullish
KNTK Sentiment 66%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 149.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
115.39%
12-Months-Change
Fundamentals
Return on Equity
-24.62%
Trailing 12-Months
Asset Growth
9.14%
Trailing 12-Months
Company Description
Kinetik
Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX.
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KNTK Company Deck
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KNTK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted robust financial performance, strategic expansions, and increased guidance, offset by challenges with negative gas prices and volume curtailments.Read More>---
KNTK Stock 12 Month Forecast
Average Price Target
$60.86
▼(-6.61% Downside)
Technical Analysis
EnLink Midstream
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Excelerate Energy, Inc. Class A
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Best Analysts Covering KNTK
1 Year
1 Year Success Rate
8/8 ratings generated profit
1 Year Average Return
+55.43%
reiterated a buy rating last month
Copying John Mackay's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +55.43% per trade.
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