NYSE:KNTKOil and Gas
Should Kinetik Holdings' (KNTK) Large-Scale Buyback Amid Lower Profits Influence Investor Outlook?
Kinetik Holdings Inc. recently reported second quarter 2025 results, highlighting an increase in revenue to US$426.74 million, but a decrease in net income to US$74.42 million compared to the prior year, and completed its US$178.31 million share repurchase program amounting to 7.06% of outstanding shares.
The completion of this sizeable buyback program may reflect management's ongoing focus on shareholder returns even as profitability moderated during the period.
We’ll examine how the...