Infrastructure Projects In Northern Delaware And Permian Will Sustain Demand

Kinetik Holdings’ analyst price target was recently lowered by several dollars. Analysts cite shifting sector dynamics and near-term earnings pressures as key factors for their updated outlook.

Analysts modestly raised Kinetik Holdings' price target to $52.27 as capital return takes precedence over growth, supported by positive sector M&A and resilient gas exposure, despite near-term earnings headwinds from weaker commodity prices and volume pressures. Analyst Commentary Shift in investor focus from growth to return of cash, with increased emphasis on reducing capex and enabling buybacks or higher dividends.

Kinetik Holdings' consensus price target was revised down from $53.36 to $51.50 as analysts weighed near-term earnings headwinds from sluggish production growth, weaker commodity prices, and increased capital expenditures against a resilient long-term outlook for gas-focused midstream operators. Analyst Commentary Bearish analysts point to slowed basin-level production growth and "curtailed" volumes continuing in Q2, which are expected to weigh on near-term earnings.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from 33.2% to 23.5%, increased profit margin from 3.5% to 10.1% and decreased future PE multiple from 98.8x to 41.9x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased revenue growth from 28.0% to 33.2%, decreased profit margin from 5.9% to 3.5% and increased future PE multiple from 26.6x to 99.5x.