How does KNTK's PE Ratio compare to its peers?

KNTK is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (19.2x).

How does KNTK's PE Ratio compare vs other companies in the US Oil and Gas Industry?

KNTK is expensive based on its Price-To-Earnings Ratio (11.9x) compared to the US Oil and Gas industry average (11.8x).

What is KNTK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KNTK is expensive based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).

What is the Fair Price of KNTK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

KNTK ($60.59) is trading below our estimate of [[fair value]] ($105.03)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

Kinetik Holdings (NYSE:KNTK) - Stock Price, News & Analysis

KNTK Stock Overview

Operates as a midstream company in the Texas Delaware Basin. More details

KNTK fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	0/6
Dividends	3/6

Rewards

Trading at 42.3% below our estimate of its fair value

Earnings are forecast to grow 5.08% per year

Earnings grew by 652.9% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 5.15% is not well covered by free cash flows

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Capital Strains And Overvaluation Loom Over Gas Investment Expansion

Key Takeaways Extensive capital expenditure in new projects may pressure revenue growth and compress future earnings due to delayed returns. Investments in sour gas and CO2 sequestration could increase operational costs and impact net margins before achieving revenue growth.

View narrative

US$50.48

20.0% overvalued

22.19%

Revenue growth p.a.

Updated

Kinetik Holdings Inc. Competitors

DT Midstream

NYSE:DTM

US$10.0b

Hess Midstream

NYSE:HESM

US$8.0b

Antero Midstream

NYSE:AM

US$7.5b

Plains All American Pipeline

NasdaqGS:PAA

US$12.3b

Price History & Performance

Summary of all time highs, changes and price drops for Kinetik Holdings
Historical stock prices
Current Share Price	US$60.59
52 Week High	US$60.64
52 Week Low	US$31.73
Beta	0.78
11 Month Change	20.58%
3 Month Change	42.73%
1 Year Change	68.73%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	96.24%

Kinetik Holdings: An Overvalued Rapidly Growing Midstream Idea

Nov 10

Kinetik Holdings Inc.'s (NYSE:KNTK) Shares May Have Run Too Fast Too Soon

Nov 08

Recent updates

Returns On Capital Are Showing Encouraging Signs At Kinetik Holdings (NYSE:KNTK)

Jun 26

These 4 Measures Indicate That Kinetik Holdings (NYSE:KNTK) Is Using Debt Extensively

Jun 01

Kinetik Holdings: M&A Deals And A 7.2% Yield Spells Profits

May 22

Kinetik Holdings (NYSE:KNTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Mar 14

Here's Why We Think Kinetik Holdings (NYSE:KNTK) Might Deserve Your Attention Today

Mar 11

Kinetik Holdings: Hold This Stock For Solid Dividend Yield

Dec 30

Kinetik Holdings (NYSE:KNTK) Is Paying Out A Dividend Of $0.75

Nov 05

Kinetik Holdings' (NYSE:KNTK) Returns On Capital Are Heading Higher

Oct 11

Kinetik Holdings: Growth Outlook Robust As Market Conditions Improve

Oct 05

Kinetik: Starting Valuations A Plus, Economic Leverage Balances The Debate

Sep 13

Shareholder Returns

	KNTK	US Oil and Gas	US Market
7D	8.8%	1.9%	-1.0%
1Y	68.7%	16.1%	30.3%

Return vs Industry: KNTK exceeded the US Oil and Gas industry which returned 14.9% over the past year.

Return vs Market: KNTK exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is KNTK's price volatile compared to industry and market?
KNTK volatility
KNTK Average Weekly Movement	4.5%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: KNTK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KNTK's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	330	Jamie Welch	www.kinetik.com

Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services.

Kinetik Holdings Inc. Fundamentals Summary

How do Kinetik Holdings's earnings and revenue compare to its market cap?
KNTK fundamental statistics
Market cap	US$9.47b
Earnings (TTM)	US$303.87m
Revenue (TTM)	US$1.45b

11.9x

P/E Ratio

2.5x

P/S Ratio

Is KNTK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KNTK income statement (TTM)
Revenue	US$1.45b
Cost of Revenue	US$771.00m
Gross Profit	US$675.08m
Other Expenses	US$371.21m
Earnings	US$303.87m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	5.09
Gross Margin	46.68%
Net Profit Margin	21.01%
Debt/Equity Ratio	112.1%

How did KNTK perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

58%

Payout Ratio

KNTK Stock Overview

Rewards

Risk Analysis

Capital Strains And Overvaluation Loom Over Gas Investment Expansion

Kinetik Holdings Inc. Competitors

NYSE:DTM

US$10.0b

NYSE:HESM

US$8.0b

NYSE:AM

US$7.5b

NasdaqGS:PAA

US$12.3b

Price History & Performance

Recent News & Updates

Kinetik Holdings: An Overvalued Rapidly Growing Midstream Idea

Kinetik Holdings Inc.'s (NYSE:KNTK) Shares May Have Run Too Fast Too Soon

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 10%, revenue downgraded

New minor risk - Shareholder dilution

Second quarter dividend increased to US$0.78

Recent updates

Kinetik Holdings: An Overvalued Rapidly Growing Midstream Idea

Kinetik Holdings Inc.'s (NYSE:KNTK) Shares May Have Run Too Fast Too Soon

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 10%, revenue downgraded

New minor risk - Shareholder dilution

Second quarter dividend increased to US$0.78

Kinetik Holdings Inc. Declares Quarterly Cash Dividend for the Third Quarter Ended September 30, 2024, Payable on November 7, 2024

Consensus EPS estimates increase by 10%

Is Kinetik Holdings (NYSE:KNTK) A Risky Investment?

Todd Carpenter Intends to Retire from Kinetik Holdings Inc. as General Counsel and Chief Compliance Officer, Effective February 28, 2025

Diamondback Energy, Inc. (NasdaqGS:FANG) and Kinetik Holdings Inc. (NYSE:KNTK) acquired 30% stake in Epic Crude Holdings, LP.

New minor risk - Shareholder dilution

Is Now The Time To Put Kinetik Holdings (NYSE:KNTK) On Your Watchlist?

New major risk - Revenue and earnings growth

New minor risk - Shareholder dilution

Consensus EPS estimates increase by 16%

Kinetik Holdings: Upgrading To A Strong Buy Following Q2 Earnings

New minor risk - Earnings quality

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter dividend of US$0.75 announced

Kinetik Holdings Inc. to Report Q2, 2024 Results on Aug 07, 2024

New minor risk - Shareholder dilution

Consensus EPS estimates increase by 12%

Returns On Capital Are Showing Encouraging Signs At Kinetik Holdings (NYSE:KNTK)

Kinetik Holdings Inc. (NYSE:KNTK) completed the acquisition of Durango Permian LLC from Durango Midstream LLC.

New minor risk - Shareholder dilution

ArcLight Capital Partners, LLC completed the acquisition of 16% additional stake in Gulf Coast Express Pipeline LLC from Kinetik Holdings Inc. (NYSE:KNTK).

These 4 Measures Indicate That Kinetik Holdings (NYSE:KNTK) Is Using Debt Extensively

Kinetik Holdings: M&A Deals And A 7.2% Yield Spells Profits

Consensus EPS estimates fall by 13%, revenue upgraded

New major risk - Revenue and earnings growth

Kinetik Holdings Inc. (NYSE:KNTK) entered into an agreement to acquire Durango Permian LLC from Durango Midstream LLC for approximately $840 million.

Kinetik Holdings Inc. (NYSE:KNTK) entered into an agreement to acquire Durango Permian LLC from Durango Midstream LLC for approximately $840 million.

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Fourth quarter dividend of US$0.75 announced

Kinetik Holdings Inc. to Report Q1, 2024 Results on May 08, 2024

Kinetik Holdings Inc. Announces Dividend for the First Quarter Ended March 31, 2024, Payable on May 9, 2024

Kinetik Holdings Inc., Annual General Meeting, May 20, 2024

Kinetik Holdings Inc. Announces Executive Changes

Consensus EPS estimates fall by 20%, revenue upgraded

Chief Strategy Officer recently sold US$444k worth of stock

Kinetik Holdings Inc. has completed a Follow-on Equity Offering in the amount of $383.865784 million.

Kinetik Holdings (NYSE:KNTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Kinetik Holdings Inc. has filed a Follow-on Equity Offering.

New minor risk - Shareholder dilution

Here's Why We Think Kinetik Holdings (NYSE:KNTK) Might Deserve Your Attention Today

Consensus EPS estimates fall by 20%, revenue upgraded

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.75 per share at 9.3% yield

Kinetik Holdings Inc. Announces Directorate Changes

Kinetik Holdings Inc. to Report Q4, 2023 Results on Feb 28, 2024

New minor risk - Shareholder dilution

Kinetik Holdings: Hold This Stock For Solid Dividend Yield

Kinetik Holdings Inc. has filed a Follow-on Equity Offering.

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 19%, revenue upgraded

Kinetik Holdings Inc. Files Form 15