Q2 EPS Estimates for Kinetik Reduced by US Capital Advisors

Key Points

• US Capital Advisors has downgraded its Q2 2025 earnings per share estimate for Kinetik Holdings Inc. from $0.33 to $0.23, while maintaining a "Moderate Buy" rating on the stock.
• Kinetik recently reported a significant earnings miss for its latest quarter, posting $0.05 per share, compared to the consensus estimate of $0.29, alongside a revenue of $443.26 million.
• The company announced a quarterly dividend of $0.78 per share, translating to an annualized dividend yield of 7.40%, with a high dividend payout ratio of 328.42%.

Kinetik Holdings Inc. (NYSE:KNTK - Free Report) - Stock analysts at US Capital Advisors reduced their Q2 2025 EPS estimates for Kinetik in a research note issued on Monday, July 28th. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.23 per share for the quarter, down from their prior forecast of $0.33. US Capital Advisors has a "Moderate Buy" rating on the stock. US Capital Advisors also issued estimates for Kinetik's Q4 2025 earnings at $0.58 EPS.

Kinetik (NYSE:KNTK - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.24). The company had revenue of $443.26 million during the quarter, compared to analyst estimates of $466.54 million. Kinetik had a net margin of 10.74% and a negative return on equity of 8.05%. The firm's revenue was up 29.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.12 earnings per share.

Other analysts have also recently issued reports about the company. Wall Street Zen cut Kinetik from a "hold" rating to a "sell" rating in a research note on Tuesday, June 17th. Scotiabank raised their price target on Kinetik from $54.00 to $57.00 and gave the company a "sector outperform" rating in a research note on Thursday, June 5th. Royal Bank Of Canada cut their price target on Kinetik from $57.00 to $55.00 and set an "outperform" rating on the stock in a research note on Friday, May 30th. Barclays cut their price target on Kinetik from $49.00 to $43.00 and set an "equal weight" rating on the stock in a research note on Monday, July 14th. Finally, Mizuho cut their price target on Kinetik from $61.00 to $57.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Kinetik currently has an average rating of "Moderate Buy" and a consensus price target of $55.56.

Kinetik Price Performance

Shares of NYSE KNTK traded down $0.59 during mid-day trading on Tuesday, hitting $42.79. The company had a trading volume of 1,109,030 shares, compared to its average volume of 1,034,669. The company has a market capitalization of $6.76 billion, a PE ratio of 45.04 and a beta of 3.00. Kinetik has a 1-year low of $37.85 and a 1-year high of $67.60. The business's 50-day simple moving average is $43.23 and its 200 day simple moving average is $49.24.

Hedge Funds Weigh In On Kinetik

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Kinetik by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 4,002,232 shares of the company's stock valued at $226,967,000 after purchasing an additional 72,760 shares in the last quarter. Zimmer Partners LP acquired a new position in shares of Kinetik during the 1st quarter worth approximately $102,124,000. Invesco Ltd. grew its stake in Kinetik by 3.0% in the 4th quarter. Invesco Ltd. now owns 1,247,843 shares of the company's stock worth $70,765,000 after acquiring an additional 36,362 shares during the period. Westwood Holdings Group Inc. grew its stake in Kinetik by 4.0% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,126,832 shares of the company's stock worth $58,528,000 after acquiring an additional 43,619 shares during the period. Finally, Kayne Anderson Capital Advisors LP grew its stake in Kinetik by 4.4% in the 1st quarter. Kayne Anderson Capital Advisors LP now owns 830,122 shares of the company's stock worth $43,117,000 after acquiring an additional 34,811 shares during the period. Hedge funds and other institutional investors own 21.11% of the company's stock.

Insider Activity

In related news, major shareholder Isq Global Fund Ii Gp Llc sold 4,262,090 shares of the firm's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $44.16, for a total transaction of $188,213,894.40. Following the transaction, the insider owned 1 shares of the company's stock, valued at $44.16. This trade represents a 100.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.83% of the stock is currently owned by corporate insiders.

Kinetik Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Friday, July 25th will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, July 25th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 7.3%. Kinetik's dividend payout ratio (DPR) is currently 328.42%.

Kinetik Company Profile

Kinetik Holdings Inc operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas.