Kinetik Stock Price, News & Analysis (NASDAQ:KNTK) $36.36 +0.83 (+2.34%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$35.58▼$36.5650-Day Range$32.12▼$36.8952-Week Range$26.32▼$37.17Volume296,848 shsAverage Volume215,509 shsMarket Capitalization$5.40 billionP/E Ratio44.89Dividend Yield8.25%Price Target$39.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsSocial Media Kinetik MarketRank™ Stock AnalysisAnalyst RatingHold2.36 Rating ScoreUpside/Downside7.3% Upside$39.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth85.38%From $1.30 to $2.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.35 out of 5 starsOils/Energy Sector223rd out of 234 stocksNatural Gas Transmission Industry15th out of 19 stocks 1.2 Analyst's Opinion Consensus RatingKinetik has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.00, Kinetik has a forecasted upside of 7.3% from its current price of $36.36.Amount of Analyst CoverageKinetik has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for KNTK. Previous Next 1.7 Dividend Strength Dividend LeadershipKinetik is a leading dividend payer. It pays a dividend yield of 8.28%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKinetik does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kinetik is 370.37%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Kinetik will have a dividend payout ratio of 124.48% in the coming year. This indicates that Kinetik may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KNTK. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows5 people have added Kinetik to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kinetik insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.62% of the stock of Kinetik is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kinetik are expected to grow by 85.38% in the coming year, from $1.30 to $2.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kinetik is 44.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinetik is 44.89, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.53.Price to Earnings Growth RatioKinetik has a PEG Ratio of 1.52. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Kinetik Stock (NASDAQ:KNTK)Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services. Kinetik Holdings Inc. was founded in 2017 and is based in Houston, Texas.Read More KNTK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KNTK Stock News HeadlinesNovember 10, 2023 | finance.yahoo.comKinetik Holdings Inc. (NASDAQ:KNTK) Q3 2023 Earnings Call TranscriptNovember 8, 2023 | finance.yahoo.comKinetik Reports Third Quarter 2023 Financial and Operating ResultsDecember 1, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 7, 2023 | msn.comKinetik Q3 2023 Earnings PreviewNovember 5, 2023 | finance.yahoo.comKinetik Holdings Inc. (NYSE:KNTK) Goes Ex-Dividend SoonNovember 1, 2023 | morningstar.comKinetik Holdings Inc KNTKNovember 1, 2023 | finance.yahoo.comEarnings Preview: Kinetik Holdings Inc. (KNTK) Q3 Earnings Expected to DeclineOctober 11, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Kinetik Holdings (NYSE:KNTK) Passed With EaseDecember 1, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.October 6, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Kinetik HoldingsOctober 5, 2023 | seekingalpha.comKinetik Holdings: Growth Outlook Robust As Market Conditions ImproveOctober 4, 2023 | msn.comPickering Energy Partners Initiates Coverage of Kinetik Holdings Inc - (KNTK) with Neutral RecommendationSeptember 22, 2023 | incomeinvestors.comBullish, 8.8%-Yielding Kinetik Holdings Stock Has 25% UpsideSeptember 14, 2023 | finance.yahoo.comThis Kinetik Holdings Insider Increased Their Holding In The Last YearSeptember 13, 2023 | seekingalpha.comKinetik: Starting Valuations A Plus, Economic Leverage Balances The DebateAugust 30, 2023 | msn.comScotiabank Maintains Kinetik Holdings Inc - (KNTK) Outperform RecommendationAugust 29, 2023 | markets.businessinsider.com6 Analysts Have This to Say About Kinetik HoldingsAugust 29, 2023 | bizjournals.comKinetik Holdings names new CFO, makes other promotions after 2022 mergerAugust 24, 2023 | finance.yahoo.comKinetik Announces Senior Leadership PromotionsAugust 11, 2023 | markets.businessinsider.comMizuho Securities Sticks to Its Buy Rating for Kinetik (KNTK)August 8, 2023 | finance.yahoo.comKinetik Reports Second Quarter 2023 Financial and Operating ResultsAugust 4, 2023 | benzinga.comKinetik Holdings Earnings PreviewJuly 31, 2023 | finance.yahoo.comKinetik Publishes 2022 Sustainability ReportJuly 29, 2023 | finance.yahoo.comRead This Before Considering Kinetik Holdings Inc. (NYSE:KNTK) For Its Upcoming US$0.75 DividendJuly 24, 2023 | nasdaq.comCan Kinetik Holdings Inc. (KNTK) Run Higher on Rising Earnings Estimates?July 21, 2023 | msn.comMizuho Maintains Kinetik Holdings Inc - (KNTK) Buy RecommendationJuly 21, 2023 | markets.businessinsider.comKinetik To Reiterate High End Of FY23 Guidance After Q2, Analyst Forecasts Linear Growth TrajectorySee More Headlines Receive KNTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kinetik and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/08/2023Ex-Dividend for 11/22 Dividend11/10/2023Dividend Payable11/22/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Natural gas transmission Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:KNTK CUSIPN/A CIK1692787 Webwww.altusmidstream.com Phone(713) 621-7330FaxN/AEmployees300Year FoundedN/APrice Target and Rating Average Stock Price Target$39.00 High Stock Price Target$43.00 Low Stock Price Target$34.00 Potential Upside/Downside+7.3%Consensus RatingHold Rating Score (0-4)2.36 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.81 Trailing P/E Ratio44.89 Forward P/E Ratio27.97 P/E Growth1.52Net Income$250.72 million Net Margins8.90% Pretax Margin14.13% Return on Equity-13.30% Return on Assets1.74% Debt Debt-to-Equity RatioN/A Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$1.20 billion Price / Sales4.49 Cash Flow$3.31 per share Price / Cash Flow11.00 Book Value($5.64) per share Price / Book-6.45Miscellaneous Outstanding Shares148,612,000Free Float143,232,000Market Cap$5.40 billion OptionableNot Optionable Beta2.66 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Jamie W. Welch (Age 56)President, CEO & Director Comp: $1.28MMr. Matthew Wall (Age 40)Executive VP & COO Comp: $774.99kMr. Steven M. Stellato (Age 48)Executive VP, Chief Administrative Office & Chief Accounting Officer Comp: $774.99kMr. Todd Carpenter (Age 62)General Counsel, Assistant Secretary & Chief Compliance Officer Comp: $774.97kMs. Anne Psencik (Age 59)Chief Strategy Officer Comp: $774.97kMr. Trevor HowardSenior VP & CFOMaddie WagnerDirector of Investor RelationsMr. Tyler A. MilamSenior Vice President, Crude, Water & New Energy VenturesMr. Kris KindrickSenior Vice President, CommercialMs. Lindsay EllisCorporate SecretaryMore ExecutivesKey CompetitorsDT MidstreamNYSE:DTMEnLink MidstreamNYSE:ENLCAntero MidstreamNYSE:AMEquitrans MidstreamNYSE:ETRNUSA Compression PartnersNYSE:USACView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 1,149 shares on 11/24/2023Ownership: 0.015%Graham Capital Management L.P.Bought 7,471 shares on 11/22/2023Ownership: 0.005%Legal & General Group PlcBought 2,587 shares on 11/15/2023Ownership: 0.010%Sei Investments Co.Sold 2,253 shares on 11/15/2023Ownership: 0.006%Toroso Investments LLCBought 669 shares on 11/15/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions KNTK Stock Analysis - Frequently Asked Questions Should I buy or sell Kinetik stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kinetik in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KNTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KNTK, but not buy additional shares or sell existing shares. View KNTK analyst ratings or view top-rated stocks. What is Kinetik's stock price target for 2024? 11 equities research analysts have issued 12 month target prices for Kinetik's stock. Their KNTK share price targets range from $34.00 to $43.00. On average, they expect the company's stock price to reach $39.00 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View analysts price targets for KNTK or view top-rated stocks among Wall Street analysts. How have KNTK shares performed in 2023? Kinetik's stock was trading at $33.08 at the beginning of 2023. Since then, KNTK stock has increased by 9.9% and is now trading at $36.36. View the best growth stocks for 2023 here. When is Kinetik's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our KNTK earnings forecast. How were Kinetik's earnings last quarter? Kinetik Holdings Inc. (NASDAQ:KNTK) released its quarterly earnings data on Wednesday, November, 8th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.28. The business earned $330.30 million during the quarter, compared to the consensus estimate of $299.26 million. Kinetik had a negative trailing twelve-month return on equity of 13.30% and a net margin of 8.90%. The business's revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS. How often does Kinetik pay dividends? What is the dividend yield for Kinetik? Kinetik announced a quarterly dividend on Wednesday, November 1st. Shareholders of record on Monday, November 13th will be given a dividend of $0.75 per share on Wednesday, November 22nd. This represents a $3.00 annualized dividend and a yield of 8.25%. The ex-dividend date is Friday, November 10th. Read our dividend analysis for KNTK. Is Kinetik a good dividend stock? Kinetik (NASDAQ:KNTK) pays an annual dividend of $3.00 per share and currently has a dividend yield of 8.28%. KNTK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 370.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, KNTK will have a dividend payout ratio of 124.48% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for KNTK. What ETFs hold Kinetik's stock? ETFs with the largest weight of Kinetik (NASDAQ:KNTK) stock in their portfolio include Amplify Natural Resources Dividend Income ETF (NDIV), Pacer American Energy Independence ETF (USAI), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Arrow Dow Jones Global Yield ETF (GYLD), VanEck Energy Income ETF (EINC), iShares U.S. Infrastructure ETF (IFRA) and WisdomTree U.S. SmallCap Dividend Fund (DES). When did Kinetik's stock split? Kinetik's stock split before market open on Thursday, June 9th 2022. The 2-1 split was announced on Thursday, June 9th 2022. The newly created shares were issued to shareholders after the market closes on Thursday, June 9th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are Kinetik's major shareholders? Kinetik's stock is owned by a number of institutional and retail investors. Top institutional investors include Blackstone Inc. (6.19%), Jennison Associates LLC (0.35%), Victory Capital Management Inc. (0.22%), Ameriprise Financial Inc. (0.20%), Chickasaw Capital Management LLC (0.16%) and Invesco Ltd. (0.14%). Insiders that own company stock include Anne Psencik, Corp Apache, Jamie Welch, Matthew Wall and Todd Carpenter. View institutional ownership trends. How do I buy shares of Kinetik? Shares of KNTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:KNTK) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kinetik Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.