Kinetik Holdings Inc.

NYSE:KNTK Stock Report

Market Cap: US$9.5b

Kinetik Holdings Valuation

Is KNTK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: KNTK ($60.59) is trading below our estimate of fair value ($105.03)

Significantly Below Fair Value: KNTK is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KNTK?

Key metric: As KNTK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KNTK. This is calculated by dividing KNTK's market cap by their current earnings.
What is KNTK's PE Ratio?
PE Ratio11.9x
EarningsUS$303.87m
Market CapUS$9.47b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KNTK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
DTM DT Midstream
24.8x7.2%US$10.0b
HESM Hess Midstream
17.3x54.0%US$8.0b
AM Antero Midstream
19.1x16.7%US$7.5b
PAA Plains All American Pipeline
15.7x0.3%US$12.3b
KNTK Kinetik Holdings
11.9x5.1%US$9.5b

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

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
KNTK 11.9xIndustry Avg. 11.7xNo. of Companies15PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

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

Price to Earnings Ratio vs Fair Ratio

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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.9x
Fair PE Ratio11.7x

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

Analyst Price Targets

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

The above table shows the analyst KNTK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$60.59
US$50.48
-16.7%
10.1%US$58.00US$42.00n/a11
Nov ’25US$47.76
US$47.84
+0.2%
8.5%US$55.00US$43.00n/a11
Oct ’25US$45.91
US$44.84
-2.3%
3.6%US$48.00US$43.00n/a11
Sep ’25US$44.24
US$44.77
+1.2%
4.9%US$48.00US$40.00n/a12
Aug ’25US$41.81
US$44.19
+5.7%
6.0%US$48.00US$40.00n/a12
Jul ’25US$41.67
US$42.52
+2.0%
5.5%US$48.00US$40.00n/a10
Jun ’25US$40.99
US$41.78
+1.9%
3.3%US$44.00US$40.00n/a9
May ’25US$37.85
US$40.33
+6.6%
5.8%US$44.00US$36.00n/a12
Apr ’25US$39.34
US$39.00
-0.9%
3.9%US$41.00US$36.00n/a11
Mar ’25US$35.41
US$37.80
+6.7%
4.2%US$41.00US$35.00n/a10
Feb ’25US$32.86
US$37.90
+15.3%
4.2%US$41.00US$35.00n/a10
Jan ’25US$33.40
US$38.67
+15.8%
4.0%US$41.00US$35.00n/a9
Dec ’24US$36.43
US$38.78
+6.4%
4.0%US$41.00US$35.00n/a9
Nov ’24US$35.62
US$38.56
+8.2%
4.6%US$41.00US$34.00US$47.769
Oct ’24US$33.75
US$38.25
+13.3%
4.8%US$41.00US$34.00US$45.918
Sep ’24US$35.29
US$38.14
+8.1%
5.3%US$41.00US$34.00US$44.247
Aug ’24US$35.88
US$38.00
+5.9%
5.4%US$41.00US$34.00US$41.817
Jul ’24US$35.14
US$36.71
+4.5%
6.0%US$41.00US$34.00US$41.677
Jun ’24US$32.76
US$36.29
+10.8%
6.5%US$41.00US$34.00US$40.997
May ’24US$30.63
US$36.29
+18.5%
6.2%US$41.00US$34.00US$37.857
Apr ’24US$31.30
US$36.13
+15.4%
6.3%US$41.00US$34.00US$39.348
Mar ’24US$29.61
US$36.38
+22.8%
6.1%US$41.00US$34.00US$35.418
Feb ’24US$30.83
US$37.29
+20.9%
6.7%US$41.00US$34.00US$32.867
Jan ’24US$33.08
US$40.29
+21.8%
7.2%US$44.00US$36.00US$33.407
Dec ’23US$33.58
US$41.17
+22.6%
5.3%US$44.00US$37.00US$36.436
Nov ’23US$36.38
US$41.00
+12.7%
5.3%US$44.00US$37.00US$35.626

Analyst Forecast: Target price is lower than the current share price.

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