KNTK Stock Analysis: Kinetik Holdings | NYSE
Oil & Gas Midstream | NYSE, USA | Market Cap: 8.336m USD | 12M Return: 30.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 46.9M
EPS Trend: 37.7%
Qual. Beats: 0
Rev. Trend: 98.9%
Qual. Beats: -2
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Kinetik Holdings Inc. (NYSE: KNTK) is a U.S.-based midstream energy company headquartered in Midland, Texas, focused on the Texas Delaware Basin. It operates through two segments-Midstream Logistics and Pipeline Transportation-providing gathering, compression, processing, stabilization, treating, storage, and pipeline transportation services, along with water gathering and disposal solutions, to producers of natural gas, natural gas liquids (NGL), and crude oil. The company also markets and sells condensates, natural gas residue, and NGLs.
As a midstream operator, Kinetik occupies the middle segment of the oil and gas value chain, handling the transportation, processing, and storage of hydrocarbons between the wellhead (upstream) and end markets or refineries (downstream). The Delaware Basin, a sub-basin of the Permian, is one of the most active oil-producing regions in the United States, giving the company direct exposure to growing production volumes in its core operating area.
- Permian gas volumes drive Pipeline Transportation segment growth
- Crude and NGL price weakness pressures producer drilling demand
- Fee-based contracts support dividend growth and capital returns
| Net Income: 501.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.29 > 1.0 |
| NWC/Revenue: -12.61% < 20% (prev -10.12%; Δ -2.49% < -1%) |
| CFO/TA 0.09 > 3% & CFO 607.7m > Net Income 501.5m |
| Net Debt (3.95b) to EBITDA (1.16b): 3.39 < 3 |
| Current Ratio: 0.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (66.7m) vs 12m ago 9.32% < -2% |
| Gross Margin: 33.97% > 18% (prev 34.78%; Δ -0.82% > 0.5%) |
| Asset Turnover: 24.48% > 50% (prev 22.54%; Δ 1.94% > 0%) |
| Interest Coverage Ratio: 3.46 > 6 (EBIT TTM 772.1m / Interest Expense TTM 223.2m) |
| A: -0.03 (Total Current Assets 318.8m - Total Current Liabilities 537.1m) / Total Assets 7.11b |
| B: -0.23 (Retained Earnings -1.67b / Total Assets 7.11b) |
| C: 0.11 (EBIT TTM 772.1m / Avg Total Assets 7.07b) |
| D: -0.39 (Book Value of Equity -1.67b / Total Liabilities 4.27b) |
| Altman-Z'' = -0.64 = B |
| DSRI: 2.09 (Receivables 279.8m/122.5m, Revenue 1.73b/1.58b) |
| GMI: 1.02 (GM 34.78% / 33.97%) |
| AQI: 0.93 (AQ_t 0.40 / AQ_t-1 0.43) |
| SGI: 1.09 (Revenue 1.73b / 1.58b) |
| TATA: -0.01 (NI 501.5m - CFO 607.7m) / TA 7.11b) |
| Beneish M = -2.09 (Cap -4..+1) = BB |
As of July 19, 2026, the stock is trading at USD 50.28 with a total of 819,592 shares traded. Over the past week, the price has changed by +4.06%, over one month by +9.95%, over three months by +9.58% and over the past year by +30.53%.
Current recommended Stop Loss: 46.90 (which is 6.7% or 2.3 ATR below the current price).
Kinetik Holdings has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold KNTK.
- StrongBuy: 3
- Buy: 5
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 52.8 | 5% |
P/E Trailing = 19.8685
P/E Forward = 61.7284
P/S = 4.8156
P/B = 1.3379
P/EG = 8.6228
Revenue TTM = 1.73b USD
EBIT TTM = 772.1m USD
EBITDA TTM = 1.16b USD
Long Term Debt = 3.64b USD (from longTermDebt, last quarter)
Short Term Debt = 227.1m USD (from shortTermDebt, last quarter)
Debt = 3.95b USD (from shortLongTermDebtTotal, last quarter) + Leases 58.1m
Net Debt = 3.95b USD (calculated: Debt 3.95b - CCE 720k)
Enterprise Value = 12.3b USD (8.34b + Debt 3.95b - CCE 720k)
Interest Coverage Ratio = 3.46 (Ebit TTM 772.1m / Interest Expense TTM 223.2m)
EV/FCF = 35.43x (Enterprise Value 12.3b / FCF TTM 346.7m)
FCF Yield = 2.82% (FCF TTM 346.7m / Enterprise Value 12.3b)
FCF Margin = 20.03% (FCF TTM 346.7m / Revenue TTM 1.73b)
Net Margin = 28.97% (Net Income TTM 501.5m / Revenue TTM 1.73b)
Gross Margin = 33.97% ((Revenue TTM 1.73b - Cost of Revenue TTM 1.14b) / Revenue TTM)
Gross Margin QoQ = 29.13% (prev 36.97%)
Tobins Q-Ratio = 1.73 (Enterprise Value 12.3b / Total Assets 7.11b)
Interest Expense / Debt = 5.65% (Interest Expense 223.2m / Debt 3.95b)
Taxrate = 8.63% (47.4m / 548.9m)
NOPAT = 705.5m (EBIT 772.1m * (1 - 8.63%))
Current Ratio = 0.59 (Total Current Assets 318.8m / Total Current Liabilities 537.1m)
Debt / Equity = -2.36 (negative equity) (Debt 3.95b / totalStockholderEquity, last quarter -1.67b)
Debt / EBITDA = 3.39 (Net Debt 3.95b / EBITDA 1.16b)
Debt / FCF = 11.38 (Net Debt 3.95b / FCF TTM 346.7m)
Total Stockholder Equity = -1.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.09% (Net Income 501.5m / Total Assets 7.11b)
RoE = -35.98% (negative equity) (Net Income TTM 501.5m / Total Stockholder Equity -1.39b)
RoCE = 34.32% (EBIT 772.1m / Capital Employed (Equity -1.39b + L.T.Debt 3.64b))
RoIC = 10.37% (NOPAT 705.5m / Invested Capital 6.80b)
WACC = 7.67% (E(8.34b)/V(12.3b) * Re(8.86%) + D(3.95b)/V(12.3b) * Rd(5.65%) * (1-Tc(0.09)))
Discount Rate = 8.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 94.95 | Cagr: 8.17%
[DCF] Terminal Value 74.80% ; FCFF base≈353.4m ; Y1≈341.3m ; Y5≈334.4m
[DCF] Fair Price = 17.65 (EV 5.25b - Net Debt 3.95b = Equity 1.30b / Shares 73.6m; r=8.35% [WACC [floored]]; 5y FCF grow -4.57% → 2.50% )
EPS Correlation: 37.71 | EPS CAGR: 19.51% | SUE: 0.75 | # QB: 0
Revenue Correlation: 98.90 | Revenue CAGR: 17.07% | SUE: -0.92 | # QB: -2
EPS current Quarter (2026-06-30): EPS=0.15 | Chg30d=-19.80% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.23 | Chg30d=-7.56% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=1.27 | Chg30d=-3.85% | Revisions=+25% | GrowthEPS=-59.1% | GrowthRev=+7.3%
EPS next Year (2027-12-31): EPS=1.61 | Chg30d=-4.02% | Revisions=+25% | GrowthEPS=+27.3% | GrowthRev=+17.4%
[Analyst] Revisions Ratio: +29% (up=3, down=1)