Kinetik Holdings Inc.

Kinetik Holdings Inc.

KNTK
Kinetik Holdings Inc.US flagNew York Stock Exchange
54.43
USD
+0.10
- -
4.01BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.12
10.02
10.85
17.52
29.36
24.26
25.01
28.48
28.25
Basic EPS, GAAP
-2.88
-3.82
-30.58
0.04
3.28
7.46
4.12
8.49
8.24
Free Cash Flow per Basic Share
-5.69
-8.26
-2.57
6.23
14.83
11.29
10.75
9.75
9.59
Dividend per Share
- -
7.65
- -
- -
1
1.57
2.96
3.13
3.16
Book Value per Share
- -
50.71
27.6
- -
-18.38
-9.3
-49.67
-8.82
-15.01
Tangible Book Value per Share
- -
-3.34
3.21
-20.8
-33.72
-19.75
-60.64
-17.54
-21.33
Basic Weighted Avg Shares
38
38
38
38
41
52
59
62
67
Sales/Revenue/Turnover
571
379
410
662
1,213
1,256
1,483
1,764
1,886
Operating Margin (%)
-4.62
-2.77
-1.52
8.14
13.44
14.22
12.36
9.35
10.52
Depreciation Expense
117
203
224
244
260
281
324
383
401
Net Income, GAAP
-109
-144
-1,156
1
136
386
244
526
550
Effective Tax Rate (%)
- -
- -
- -
55.72
1.03
- -
8.62
8.8
9.01
Profit Margin (%)
-19.07
-38.13
-281.78
0.22
11.17
30.76
16.47
29.81
29.18
Working Capital
- -
-46
-17
-23
14
7
-124
-138
-163
LT Debt
- -
2,201
2,340
2,283
3,375
3,572
3,375
3,657
3,717
Total Equity
- -
1,917
1,043
1,007
2,273
2,627
2,979
2,930
2,912
Return on Invested Capital (%)
- -
- -
- -
0.7
3.56
- -
2.63
2.26
2.63
Return on Capital (%)
- -
- -
- -
1.4
3.51
- -
6.84
10.99
10.96
Return on Common Equity (%)
- -
-15.07
-78.11
0.28
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
209
227
261
LT Borrowings
3,628
3,644
3,701
LT Finance Leases
29
18
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
69
79
Market Capitalization
2,310
3,331
3,816

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
302
319
350
Cash, Cash Equivalents & STI
4
1
8
Accounts Receivable, Net
85
93
61
Inventories
- -
- -
- -
Total Current Liabilities
441
537
512
Payables & Accruals
214
256
222
ST Debt
209
227
261
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.92%
-1.63%
Free Cash Flow
- -
-36.71%
-5.21%
Net Income, GAAP
- -
1,841.57%
115.34%
Sales/Revenue/Turnover
- -
37.05%
18.98%
Total Cash Common Dividend
- -
- -
10.57%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
341
359
396
386
1,483
2025
443
427
464
430
1,764
2026
410
581
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.61
1.82
1.4
0.27
4.12
2025
0.32
1.21
0.25
6.51
8.49
2026
-0.08
1.64
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.67
0.75
0.75
0.78
2.96
2025
0.78
0.78
0.79
0.78
3.13
2026
0.79
0.8
- -
- -
- -

Company Description

CEO
Jamie W. Welch
Full Time Employees
500
Sector
Energy
Industry
Oil & Gas Midstream
Address
303 Veterans Airpark Lane Midland TX United States of America 79705
IPO Date
Nov 13, 2018
Business
Kinetik Holdings Inc. (NYSE: KNTK) operates as an integrated midstream energy company focused on the Delaware Basin of the Permian in Texas; it provides gathering, compression, processing, transportation, treating, stabilization, storage, and water management services for natural gas, natural gas liquids (NGLs), crude oil, and produced water to producers and operators. The company functions through two primary segments, Midstream Logistics and Pipeline Transportation; Midstream Logistics encompasses gas gathering and processing via over 3,900 miles of low- and high-pressure pipelines including more than 2,300 miles of gas pipeline, crude oil gathering with stabilization and storage, and produced water gathering and disposal; Pipeline Transportation includes equity investments in three Permian Basin pipelines such as Kinetik NGL Pipeline and Delaware Link Pipeline that connect to U.S. Gulf Coast markets. Kinetik Holdings also markets condensates, natural gas residue, and NGLs. Founded in 2012 and headquartered in Midland, Texas with additional operations and presence in Houston, the company maintains a pure-play focus on Permian midstream services serving approximately 90 producer customers exclusively in the Texas Delaware Basin. In December 2024, Kinetik announced a $180 million bolt-on acquisition of natural gas and crude oil gathering systems from Permian Resources Corporation primarily in Reeves County, Texas, adjacent to its existing Delaware South system, expected to close in the first quarter of 2025 and add over 150 Mmcf/d of gas and 25,000 barrels per day of crude volumes in 2025 while reinforcing its strategic partnership with the operator; in July 2025, the company commenced dual listing of its common stock on NYSE Texas as a founding member while retaining its primary NYSE listing.

Company News

  • Kinetik Holdings: Buy, Sell, or Hold After Its Recent Run?

  • Midstream Scales Up Natural Gas Infrastructure

  • Strong Midstream 2Q26 Earnings Boost Full-Year Outlook

  • Insider Selling: Kinetik (NYSE:KNTK) Major Shareholder Sells $11,889,831.48 in Stock

  • Insider Selling: Kinetik (NYSE:KNTK) Major Shareholder Sells $1,333,872.00 in Stock

  • Kinetik Q2 Earnings Call Highlights

  • Empowered Funds LLC Takes $1.43 Million Position in Kinetik Holdings Inc. $KNTK

  • Kinetik Holdings: Monetizing The Permian's Constraints From Wellhead To Gulf Coast

  • Kinetik Holdings Inc. (KNTK) Q2 2026 Earnings Call Transcript

  • Kinetik Holdings: Better Q2 Earnings, Still Not Cheap

  • Kinetik Holdings Inc. (KNTK) Beats Q2 Earnings and Revenue Estimates

  • Kinetik Reports Record Second Quarter 2026 Results and Raises Full Year 2026 Guidance

  • Kinetik Publishes 2025 Sustainability Report

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