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NYSE:KNTK

Kinetik 8/7/2023 Earnings Report

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$41.41 -0.03 (-0.07%)
As of 07/11/2025 03:59 PM Eastern

Kinetik EPS Results

Actual EPS
$0.41
Consensus EPS
$0.32
Beat/Miss
Beat by +$0.09
One Year Ago EPS
N/A

Kinetik Revenue Results

Actual Revenue
$296.20 million
Expected Revenue
$296.33 million
Beat/Miss
Missed by -$130.00 thousand
YoY Revenue Growth
N/A

Kinetik Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Kinetik Earnings Headlines

A new rule goes live in July — and the banks are quietly cashing in
A little-known regulation quietly goes into effect this July. And it's already being exploited by Wall Street and the Big Banks… It gives them the green light to treat a certain tangible asset as equivalent to cold, hard cash. Not stocks. Not real estate. And definitely not the U.S. dollar. We're talking about something they don't want you to notice — because the fewer people who act on this, the better it is for them.
Kinetik Holdings Inc. (KNTK) - Yahoo Finance
KNTK Kinetik Holdings Inc. - Seeking Alpha
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About Kinetik

Kinetik (NYSE:KNTK) (NYSE: KNTK) is a publicly traded energy infrastructure company specializing in the transportation, storage and processing of natural gas. Through its network of pipelines and processing facilities, the company provides midstream services that connect gas producers with end users, utilities and other market hubs across the United States. Kinetik’s operations are designed to ensure reliable delivery of natural gas supplies from production areas to major consumption centers, supporting the nation’s growing demand for cleaner energy sources.

The company’s primary assets include high-capacity interstate pipelines extending from the Rocky Mountain region through the Midwest to the Gulf Coast and Appalachian basins. Kinetik also owns and operates natural gas processing plants that extract liquids and condition gas for pipeline transport, as well as underground storage facilities that help balance seasonal fluctuations in demand. In addition, Kinetik offers expandable services, such as gathering lines and compressor stations, to support producers in key supply regions.

Tracing its roots back to the formation of Tallgrass Energy in the early 2010s, Kinetik has evolved through strategic acquisitions, organic expansions and capital investments aimed at enhancing system reliability and throughput. In 2022, the company adopted the Kinetik name to reflect its focus on dynamic energy infrastructure solutions. Today, Kinetik’s pipeline footprint spans major shale plays and gas supply basins, delivering resources to markets in the Midwest, Northeast, Gulf Coast and interconnecting with Canadian and Mexican export facilities.

Kinetik’s leadership team brings extensive experience in energy operations, engineering and capital markets. The company is guided by an executive management group dedicated to operational excellence, safety and environmental stewardship. Kinetik continues to explore growth opportunities through capacity expansions, joint ventures and targeted infrastructure projects, positioning itself as a critical link in the North American natural gas value chain.

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