Kinetik ( (KNTK) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Kinetik Holdings (KNTK) has seen its stock price move due to differing analyst outlooks. Wells Fargo lowered its price target, citing reduced 2025/2026 EBITDA estimates and lower volume forecasts, but noted potential upside if Kinetik achieves a 10% EBITDA CAGR over five years. In contrast, BofA raised its target, driven by Kinetik’s strategic acquisitions and expansion projects expected to fuel growth. The company reported a robust 16% increase in adjusted EBITDA for 2024 and significant growth in gas processing volumes. Despite challenges like negative gas prices and operational issues in Q4, Kinetik is optimistic about 2025, projecting a 15% EBITDA increase and ambitious expansion plans. Analysts maintain a moderate buy consensus, emphasizing the company’s strategic direction and growth potential.
More about Kinetik
YTD Price Performance: 0.02%
Average Trading Volume: 681,800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.83B
For further insights into KNTK stock on TipRanks’ Stock Analysis page.
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