Kinetik Holdings Past Earnings Performance
Past criteria checks 4/6
Kinetik Holdings has been growing earnings at an average annual rate of 96.7%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 25.4% per year. Kinetik Holdings's return on equity is 16.2%, and it has net margins of 21%.
Key information
96.7%
Earnings growth rate
98.9%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 25.4% |
| Return on equity | 16.2% |
| Net Margin | 21.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Kinetik Holdings: An Overvalued Rapidly Growing Midstream Idea
Nov 10Kinetik Holdings Inc.'s (NYSE:KNTK) Shares May Have Run Too Fast Too Soon
Nov 08
Is Kinetik Holdings (NYSE:KNTK) A Risky Investment?
Oct 04Is Now The Time To Put Kinetik Holdings (NYSE:KNTK) On Your Watchlist?
Aug 30Kinetik Holdings: Upgrading To A Strong Buy Following Q2 Earnings
Aug 15Returns On Capital Are Showing Encouraging Signs At Kinetik Holdings (NYSE:KNTK)
Jun 26These 4 Measures Indicate That Kinetik Holdings (NYSE:KNTK) Is Using Debt Extensively
Jun 01Kinetik Holdings: M&A Deals And A 7.2% Yield Spells Profits
May 22Kinetik Holdings (NYSE:KNTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 14Here's Why We Think Kinetik Holdings (NYSE:KNTK) Might Deserve Your Attention Today
Mar 11Kinetik Holdings: Hold This Stock For Solid Dividend Yield
Dec 30Kinetik Holdings (NYSE:KNTK) Is Paying Out A Dividend Of $0.75
Nov 05Kinetik Holdings' (NYSE:KNTK) Returns On Capital Are Heading Higher
Oct 11Kinetik Holdings: Growth Outlook Robust As Market Conditions Improve
Oct 05Kinetik: Starting Valuations A Plus, Economic Leverage Balances The Debate
Sep 13Revenue & Expenses Breakdown
How Kinetik Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,446 | 304 | 118 | 0 |
| 30 Jun 24 | 1,380 | 294 | 108 | 0 |
| 31 Mar 24 | 1,317 | 282 | 103 | 0 |
| 31 Dec 23 | 1,256 | 272 | 96 | 0 |
| 30 Sep 23 | 1,203 | 40 | 78 | 0 |
| 30 Jun 23 | 1,198 | 73 | 97 | 0 |
| 31 Mar 23 | 1,237 | 55 | 87 | 0 |
| 31 Dec 22 | 1,213 | 61 | 77 | 0 |
| 30 Sep 22 | 1,130 | 44 | 77 | 0 |
| 30 Jun 22 | 971 | 5 | 43 | 0 |
| 31 Mar 22 | 771 | -13 | 34 | 0 |
| 31 Dec 21 | 662 | 1 | 23 | 0 |
| 30 Sep 21 | 567 | -27 | -12 | 0 |
| 31 Dec 20 | 410 | -1,156 | 23 | 0 |
| 31 Dec 19 | 379 | -144 | 23 | 0 |
| 31 Dec 18 | 571 | -109 | 38 | 0 |
Quality Earnings: KNTK has a large one-off gain of $76.1M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: KNTK's current net profit margins (21%) are higher than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KNTK has become profitable over the past 5 years, growing earnings by 96.7% per year.
Accelerating Growth: KNTK's earnings growth over the past year (652.9%) exceeds its 5-year average (96.7% per year).
Earnings vs Industry: KNTK earnings growth over the past year (652.9%) exceeded the Oil and Gas industry -18.1%.
Return on Equity
High ROE: KNTK's Return on Equity (16.2%) is considered low.