Education
About Us
Working with TipRanks
Follow Us
Kinetik (KNTK)
NYSE:KNTK
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -0.15%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
Kinetik Holdings reported substantial growth in gas processing volumes and adjusted EBITDA, driven by strategic M&A activities and operational expansions. The company successfully reduced leverage and increased dividends, reflecting strong financial performance. However, the fourth quarter faced operational challenges due to negative gas prices and maintenance activities, which were addressed with new risk measures. The outlook for 2025 remains optimistic with expected significant EBITDA growth.Company Guidance
During Kinetik Holdings Inc.'s fourth quarter and full year 2024 earnings call, the company provided a detailed outlook for 2025, highlighting a 15% growth in adjusted EBITDA, projected to range between $1.09 billion and $1.15 billion. The company anticipates a significant 20% increase in gas processed volumes, driven by the startup of the King's Landing complex and recently acquired assets like Barilla Draw. Despite challenges such as a $15 million headwind from negative Waha gas prices in November, the company implemented new risk measures to stabilize operations. For 2025, capital expenditures are expected to be between $450 million and $540 million, with up to $75 million contingent on the cost of the King's Landing complex. Kinetik Holdings is also exploring a large-scale gas-fired power generation facility to manage electricity operational expenses, potentially reaching a final investment decision by year-end. The company aims for consistent growth, targeting a 10% annual EBITDA compound growth rate through 2030, while maintaining financial flexibility for organic and inorganic opportunities.Record Volume Growth
Kinetik Holdings reported record volume growth in average gas processed volumes of 1.64 billion cubic feet per day, up 13% year over year.
Increased Adjusted EBITDA
Adjusted EBITDA was $971 million, representing a 16% increase year over year, and an 18% increase when normalizing for November impacts.
Successful M&A and Expansion
Kinetik Holdings completed $1 billion in strategic and accretive transactions, including the acquisition of Durango Permian and a gas gathering and processing agreement in Eddy County.
Leverage Reduction
Leverage was reduced by nearly half a turn to 3.4 times, falling below the company’s target.
Dividend Increase
Cash dividend was increased by 4%, accelerating the return of capital to shareholders.
Positive Outlook by S&P
Kinetik Holdings was placed on a positive outlook by S&P.
2025 Growth Expectations
The company expects full-year adjusted EBITDA to grow by 15% in 2025, with a midpoint of $1.12 billion.
---
KNTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
KNTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $58.43 | $56.03 | -4.11% |
| Nov 06, 2024 | $51.84 | $55.74 | +7.52% |
| Aug 07, 2024 | $39.14 | $40.25 | +2.84% |
| May 08, 2024 | $37.60 | $37.21 | -1.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Kinetik (KNTK) report earnings?
Kinetik (KNTK) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Kinetik (KNTK) earnings time?
Kinetik (KNTK) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KNTK EPS forecast?
KNTK EPS forecast for the fiscal quarter 2025 (Q1) is 0.38.
---