Kinetik Holdings

Kinetik Holdings, Inc. provides oil and gas production and distribution services. It also provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. The company is headquartered in Houston, TX.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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Kinetik Holdings, Inc. provides oil and gas production and distribution services. It operates through the Midstream Logistics and Pipeline Transportation segments. The Midstream Logistics segment is involved in the following service offerings: gas gathering and processing, crude oil gathering, stabilization and storage services, and water gathering and disposal. The Pipeline Transportation segment focuses on the equity investment interests in four Permian Basin pipelines that access various points along the Texas Gulf Coast, Brandywine NGL Pipeline, and the Delaware Link Pipeline that is under development. The company was founded in 2012 and is headquartered in Houston, TX.

Kinetik Holdings Inc. (NYSE:KNTK ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Alex Durkee – Investor Relations Jamie Welch – President and Chief Executive Officer Trevor Howard – Chief Financial Officer Kris Kindrick – Senior Vice President, Commercial Conference Call Participants Neel Mitra – Bank of America Michael Blum – Wells Fargo Jackie Koletas – Goldman Sachs Burke Sansiviero – Wolfe Research Eli Jossen – JP Morgan Operator Good morning. Thank you for attending today's Kinetik Third Quarter 2024 Results Conference Call.

Kinetik Holdings Inc. (KNTK) Q3 2024 Earnings Call Transcript

Kinetik Holdings Inc. (KNTK) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.21 per share a year ago.

Kinetik Holdings Inc. (KNTK) Misses Q3 Earnings Estimates

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 Results and Commentary For the three and nine months ended September 30, 2024, Kinetik reported net income including noncontrolling interest of $83.7 million and $228.0 million, respectively. Kinetik generated Adjusted EBITDA1 of $265.7 million and $733.6 million, Distributable Cash Flow1 of $184.

Kinetik Reports Record Third Quarter 2024 Financial and Operating Results and Again Increases Full-Year 2024 Adjusted EBITDA Guidance

KINETIK HLDGS (KNTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Kinetik Holdings Inc. (KNTK) Reports Next Week: Wall Street Expects Earnings Growth

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Does Kinetik Holdings Inc. (KNTK) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Kinetik Holdings Inc. (KNTK) a Strong Momentum Stock: Buy Now?

Here is how Kinetik Holdings Inc. (KNTK) and Smart Sand (SND) have performed compared to their sector so far this year.

Is KINETIK HLDGS (KNTK) Outperforming Other Oils-Energy Stocks This Year?

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced that its Board of Directors has declared an increase to its quarterly cash dividend to $0.78 per share, or $3.12 per share on an annualized basis, for the third quarter ended September 30, 2024. The announced quarterly dividend represents a 4% increase versus the prior quarterly dividend and will be paid on Thursday, November 7, 2024 to shareholders of record as of market c.

Kinetik Increases Quarterly Cash Dividend and Announces Timing of Third Quarter 2024 Financial Results

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Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK.

Midstream Energy - Relative Quality

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced Todd Carpenter, General Counsel and Chief Compliance Officer, informed Kinetik of his intent to retire from the Company effective February 28, 2025. Mr. Carpenter will continue his current day-to-day responsibilities and ensure a seamless transition. Following his retirement, he will provide ongoing support to the Company. Kinetik has commenced an internal and external sear.

Kinetik Announces General Counsel to Retire

Diamondback Energy

FANG and Kinetik Holdings' partnership with EPIC Midstream enhances crude oil transportation efficiency and financial stability from the Permian Basin.

Diamondback & Kinetik Secure 30% Interest in EPIC Crude Pipeline

Oil and gas firms Diamondback Energy and Kinetik Holdings on Tuesday said they acquired a 30% equity interest in the EPIC Crude pipeline system.

Diamondback and Kinetik buy 30% stake in EPIC Crude pipeline

HOUSTON--(BUSINESS WIRE)--Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) and EPIC Midstream Holdings LP (“EPIC Midstream”), today announced a series of transactions to support the continued growth and strengthened financial profile of EPIC Crude Holdings, LP (“EPIC Crude”), an affiliate of EPIC Midstream, including: Diamondback and Kinetik (together, the “Partners”) acquired a 30% equity interest in EPIC Crude. The Partners now each own 2.

Diamondback Energy, Kinetik Holdings and EPIC Midstream Announce Transformative Transactions for EPIC Crude

The growth story of KNTK got a fresh update. Growth projects now include new contracts, margin expansions, and the possibility of building another natural gas processing plant in the northern Delaware basin. The anticipated growth rate produces an attractive valuation with the potential for 25% share price growth coupled with a 7.3% yield.

Kinetik Holdings: Upgrading To A Strong Buy Following Q2 Earnings

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Publishes 2023 Sustainability Report.

Kinetik Publishes 2023 Sustainability Report

Kinetik Holdings Inc. (KNTK) came out with a quarterly earnings of $0.54 per share versus the Zacks Consensus Estimate of $0.43. This compares to earnings of $0.41 per share a year ago.

Kinetik Holdings Inc. (KNTK) Tops Earnings & Revenue Estimates (Revised)

Kinetik Holdings Inc. (NYSE:KNTK ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Madeleine Wagner - Investor Relations Jamie Welch - President & Chief Executive Officer Trevor Howard - Chief Financial Officer Kris Kindrick - Senior Vice President, Commercial Conference Call Participants Michael Blum - Wells Fargo Jeremy Tonet - JP Morgan Tristan Richardson - Scotiabank Spiro Dounis - Citi. Keith Stanley - Wolfe Research Theresa Chen - Barclays Neel Mitra - Bank of America Jackie Colitis - Goldman Sachs Operator Good morning.

Kinetik Holdings Inc. (KNTK) Q2 2024 Earnings Call Transcript

Kinetik Holdings Inc. (KNTK) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of $0.43. This compares to earnings of $0.41 per share a year ago.

Kinetik Holdings Inc. (KNTK) Reports Q2 Loss, Tops Revenue Estimates

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended June 30, 2024. Second Quarter 2024 Results and Commentary For the three and six months ended June 30, 2024, Kinetik reported net income including noncontrolling interest of $108.9 million and $144.4 million, respectively. Kinetik generated Adjusted EBITDA1 of $234.4 million and $468.0 million, Distributable Cash Flow1 of $162.9 million.

Kinetik Reports Second Quarter 2024 Financial and Operating Results

Kinetik Holdings Inc. (KNTK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Announces Second Quarter Dividend and Financial Results Timing.

Kinetik Announces Second Quarter Dividend and Financial Results Timing

NEW YORK--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Energy Partners, announced today the closing of the sale of Durango Permian LLC (“Durango Permian” or the “Company”) to a subsidiary of Kinetik Holdings Inc. (“Kinetik”; NYSE: KNTK). Consideration for the Durango Permian sale includes a combination of cash and equity, including contingent consideration payable upon the successful commissioning of Durango Permian's Kings Landing Gas Gathering and Processing Development (“Kings.

Morgan Stanley Energy Partners Completes Sale of Durango Permian to Kinetik Holdings

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today completed its previously announced acquisition of Durango Permian LLC (“Durango”), a robust platform with exciting potential in the Northern Delaware Basin. Kinetik funded the cash consideration of the Durango acquisition with cash proceeds from the divestiture of its 16% equity interest in Gulf Coast Express pipeline (“GCX”), which was completed on June 4, 2024. As a result of the a.

Kinetik Completes Acquisition of Durango Midstream's New Mexico Gathering and Processing System

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced the completion of its previously announced sale and direct transfer of its 16% equity interest in the Gulf Coast Express pipeline to an affiliate of ArcLight Capital Partners LLC for $510 million in upfront cash and an additional $30 million deferred cash payment due upon a final investment decision on a capacity expansion project. The cash proceeds will be used for general.

Kinetik Completes Divestiture of Its Equity Interest in Gulf Coast Express Pipeline

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