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Kinetik (KNTK)
NYSE:KNTK
KNTK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$33.10 - $67.60
Previous CloseN/A
Volume81.03K
Average Volume (3M)671.28K
Market Cap
$9.36B
Enterprise Value$10.97B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)21.9
Beta0.80
Next Earnings
Feb 26, 2025EPS Estimate
0.38Last Dividend Ex-Date
Feb 03, 2025Dividend Yield4.99%
Share Statistics
EPS (TTM)2.71
Shares Outstanding59,754,272
10 Day Avg. Volume590,639
30 Day Avg. Volume671,280
Standard Deviation0.41
R-Squared0.14
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.62
Price to Cash Flow (P/CF)11.20
P/FCF Ratio14.10
Enterprise Value/Market Cap1.17
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit23.85
Enterprise Value/Ebitda13.18
Forecast
1Y Price Target
$64.11Price Target Upside7.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
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Kinetik News
PremiumCompany Announcements
Kinetik Announces Board Changes with New Appointment
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Bulls Say, Bears Say
Bulls Say
AcquisitionsThe acquisition of Durango Midstream has been well-received and contributes to KNTK's improved outlook.
Growth OutlookKNTK's forecasted adj EBITDA growth seems attainable even when excluding potential major sources of uplift, such as NGL pipeline recontracting.
Market PerformanceKNTK reported stronger than expected 3Q24 adjusted EBITDA and raised its FY24 outlook, indicating a positive growth trajectory.
Bears Say
Equity ChallengesFurther equity outperformance may face challenges due to a higher probability of equity sell-downs from major shareholders at the current valuation.
Market ConditionsIn Q3, approximately 170 MMcf/d of production was curtailed on KNTK’s system due to low Waha prices.
Operational HeadwindsMinor intra-quarter headwinds are expected to keep FY24 results slightly below the high-end of its revised FY24 adj EBITDA guidance range.
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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 $33.10 and its highest was $67.60 in the past 12 months.
What is Kinetik’s market cap?
Kinetik’s market cap is $9.36B.
When is Kinetik’s upcoming earnings report date?
Kinetik’s upcoming earnings report date is Feb 26, 2025 which is in 4 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 Undervalued.
Does Kinetik pay dividends?
Kinetik pays a Quarterly dividend of $0.779 which represents an annual dividend yield of 4.99%. See more information on Kinetik dividends here
What is Kinetik’s EPS estimate?
Kinetik’s EPS estimate is 0.38.
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 7.523%.
Which hedge fund is a major shareholder of Kinetik?
Currently, no hedge funds are holding shares in KNTK
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Kinetik Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$64.11 (7.86% Upside)
$64.11 (7.86% Upside)
Blogger Sentiment
Neutral
KNTK Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 21.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.7%
Last 30 Days ▼ 9.1%
Last 30 Days ▼ 9.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
91.07%
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
$64.11
▲(7.86% Upside)
Technical Analysis
Energy Transfer
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Targa Resources
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Western Midstream Partners
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MPLX
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EnLink Midstream
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Best Analysts Covering KNTK
1 Year
1 Year Success Rate
8/8 ratings generated profit
1 Year Average Return
+54.99%
reiterated a buy rating 2 months ago
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 +54.99% per trade.
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