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Kinetik Q1 2023 Earnings Report

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$59.06 -0.38 (-0.63%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Kinetik EPS Results

Actual EPS
-$0.06
Consensus EPS
$0.37
Beat/Miss
Missed by -$0.43
One Year Ago EPS
N/A

Kinetik Revenue Results

Actual Revenue
$281.04 million
Expected Revenue
$309.50 million
Beat/Miss
Missed by -$28.46 million
YoY Revenue Growth
N/A

Kinetik Announcement Details

Quarter
Q1 2023
Time
N/A

KNTK Upcoming Earnings

Kinetik will be holding an earnings conference call on Thursday, February 27 at 9:00 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Conference Call Audio

Slide Deck

Kinetik Earnings Headlines

RBC Capital Remains a Buy on Kinetik (KNTK)
America cannot power AI
There’s a fatal flaw at the heart of the AI revolution… With AI continuing to explode in popularity, tech companies are all scrambling to build hundreds of new mega data centers to keep up with the demand for training and using new AI models. But that’s where the problem is. I call it “The AI Keystone”.
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About Kinetik

Kinetik (NASDAQ:KNTK) operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services. The company was founded in 2017 and is based in Houston, Texas.

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