NASDAQ:KNTK Kinetik (KNTK) Stock Price, News & Analysis $44.13 -0.29 (-0.65%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$43.80▼$45.1550-Day Range$38.59▼$45.0052-Week Range$31.31▼$45.60Volume510,130 shsAverage Volume523,252 shsMarket Capitalization$6.78 billionP/E Ratio18.09Dividend Yield6.80%Price Target$42.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get Kinetik alerts: Email Address Kinetik MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside4.8% Downside$42.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.77Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth88.49%From $1.39 to $2.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.28 out of 5 starsOils/Energy Sector210th out of 239 stocksNatural Gas Transmission Industry15th out of 18 stocks 1.3 Analyst's Opinion Consensus RatingKinetik has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageKinetik has only been the subject of 3 research reports in the past 90 days.Read more about Kinetik's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for KNTK. Previous Next 1.7 Dividend Strength Dividend LeadershipKinetik is a leading dividend payer. It pays a dividend yield of 6.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKinetik does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kinetik is 122.95%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Kinetik will have a dividend payout ratio of 114.50% in the coming year. This indicates that Kinetik may not be able to sustain their current dividend.Read more about Kinetik's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KNTK. Previous Next 3.8 News and Social Media Coverage News SentimentKinetik has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Kinetik this week, compared to 3 articles on an average week.Search Interest13 people have searched for KNTK on MarketBeat in the last 30 days. This is an increase of 63% compared to the previous 30 days.MarketBeat Follows4 people have added Kinetik to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kinetik insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.71% of the stock of Kinetik is held by insiders.Percentage Held by InstitutionsOnly 21.11% of the stock of Kinetik is held by institutions.Read more about Kinetik's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kinetik are expected to grow by 88.49% in the coming year, from $1.39 to $2.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kinetik is 18.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinetik is 18.09, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.63.Price to Earnings Growth RatioKinetik has a PEG Ratio of 2.36. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Kinetik's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Kinetik Stock (NASDAQ:KNTK)Kinetik Holdings Inc. 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.Read More KNTK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KNTK Stock News HeadlinesSeptember 5 at 1:19 AM | americanbankingnews.comKinetik Holdings Inc. (NASDAQ:KNTK) Receives Average Recommendation of "Moderate Buy" from AnalystsAugust 28, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for Kinetik Holdings Inc.'s Q1 2025 Earnings (NASDAQ:KNTK)September 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.August 20, 2024 | finance.yahoo.comImpressive Earnings May Not Tell The Whole Story For Kinetik Holdings (NYSE:KNTK)August 15, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Kinetik (KNTK)August 15, 2024 | seekingalpha.comKinetik Holdings: Upgrading To A Strong Buy Following Q2 EarningsAugust 13, 2024 | markets.businessinsider.comKinetik Holdings: Sustained Growth and Buy Rating Affirmed Amid Positive Q2 Results and Strategic AcquisitionsAugust 12, 2024 | finance.yahoo.comKinetik Publishes 2023 Sustainability ReportSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.August 9, 2024 | msn.comKinetik Holdings Inc. (NASDAQ:KNTK) Q2 2024 Earnings Call TranscriptAugust 9, 2024 | markets.businessinsider.comScotiabank Keeps Their Buy Rating on Kinetik (KNTK)August 7, 2024 | finance.yahoo.comKinetik Reports Second Quarter 2024 Financial and Operating ResultsJuly 26, 2024 | msn.comFord plummets as higher costs, EV unit take a toll on profit growthJuly 26, 2024 | 247wallst.comGoldman Sachs Loves 5 Very Surprising High-Yield Dividend Stocks in JulyJuly 25, 2024 | finance.yahoo.comKinetik Holdings Inc. (NYSE:KNTK) Looks Interesting, And It's About To Pay A DividendJuly 22, 2024 | finance.yahoo.comKinetik Holdings' (NYSE:KNTK) Dividend Will Be $0.75June 25, 2024 | businesswire.comMorgan Stanley Energy Partners Completes Sale of Durango Permian to Kinetik HoldingsJune 24, 2024 | businesswire.comKinetik Completes Acquisition of Durango Midstream's New Mexico Gathering and Processing SystemSee More Headlines Receive KNTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kinetik and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 8/7 Dividend7/29/2024Last Earnings8/07/2024Dividend Payable8/07/2024Today9/07/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas transmission Sub-IndustryUtilities Current SymbolNASDAQ:KNTK CUSIPN/A CIK1692787 Webwww.altusmidstream.com Phone(713) 621-7330FaxN/AEmployees200Year FoundedN/APrice Target and Rating Average Stock Price Target$42.00 High Stock Price Target$48.00 Low Stock Price Target$35.00 Potential Upside/Downside-4.8%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.44 Trailing P/E Ratio18.09 Forward P/E Ratio31.75 P/E Growth2.36Net Income$386.45 million Net Margins30.96% Pretax Margin16.97% Return on Equity-48.16% Return on Assets6.55% Debt Debt-to-Equity RatioN/A Current Ratio0.75 Quick Ratio0.75 Sales & Book Value Annual Sales$1.38 billion Price / Sales4.91 Cash Flow$4.49 per share Price / Cash Flow9.83 Book Value($7.66) per share Price / Book-5.76Miscellaneous Outstanding Shares153,658,000Free Float147,957,000Market Cap$6.78 billion OptionableOptionable Beta2.91 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jamie W. Welch (Age 57)President, CEO & Director Comp: $1.49MMr. Matthew Wall (Age 41)Executive VP & COO Comp: $870.62kMr. Steven M. Stellato (Age 49)Executive VP, Chief Accounting & Chief Administrative Officer Comp: $870.62kMr. Todd Carpenter (Age 63)General Counsel, Assistant Secretary & Chief Compliance Officer Comp: $870.62kMs. Anne Psencik (Age 60)Chief Strategy Officer Comp: $870.62kMr. Trevor HowardSenior VP & CFOMaddie WagnerDirector of Investor RelationsMr. Tyler A. MilamSenior Vice President, Crude, Water & New Energy VenturesMr. Kris KindrickSenior Vice President, CommercialMs. Lindsay EllisCorporate SecretaryMore ExecutivesKey CompetitorsRattler MidstreamNASDAQ:RTLRTsakos Energy NavigationNYSE:TNPGasLog PartnersNYSE:GLOPSummit Midstream PartnersNYSE:SMLPHöegh LNG PartnersNYSE:HMLPView All CompetitorsInsiders & InstitutionsGhisallo Capital Management LLCSold 105,162 shares on 9/4/2024Ownership: 0.065%Graham Capital Wealth Management LLCSold 3,063 shares on 8/21/2024Ownership: 0.032%Point72 Asset Management L.P.Bought 85,748 shares on 8/19/2024Ownership: 0.176%Creative PlanningBought 6,961 shares on 8/16/2024Ownership: 0.010%Duff & Phelps Investment Management Co.Sold 1,880 shares on 8/16/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions KNTK Stock Analysis - Frequently Asked Questions How have KNTK shares performed this year? Kinetik's stock was trading at $33.40 at the start of the year. Since then, KNTK shares have increased by 32.1% and is now trading at $44.13. View the best growth stocks for 2024 here. How were Kinetik's earnings last quarter? Kinetik Holdings Inc. (NASDAQ:KNTK) issued its earnings results on Wednesday, August, 7th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.11. The firm's revenue for the quarter was up 21.4% on a year-over-year basis. When did Kinetik's stock split? Shares of Kinetik split before market open on Thursday, June 9th 2022. The 2-1 split was announced on Thursday, June 9th 2022. The newly minted shares were issued to shareholders after the market closes on Thursday, June 9th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are Kinetik's major shareholders? Kinetik's top institutional investors include Westwood Holdings Group Inc. (0.87%), Chickasaw Capital Management LLC (0.45%), Renaissance Technologies LLC (0.41%) and Tortoise Capital Advisors L.L.C. (0.35%). Insiders that own company stock include Jamie Welch, Matthew Wall, Anne Psencik, Todd Carpenter, Trevor Howard and Corp Apache. View institutional ownership trends. How do I buy shares of Kinetik? Shares of KNTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:KNTK) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredMy grim warning about AI stocksToday, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kinetik Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Kinetik With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
