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NASDAQ:KNTK

Kinetik (KNTK) Stock Price, News & Analysis

$41.97
+0.02 (+0.05%)
(As of 07/26/2024 ET)
Today's Range
$41.83
$42.41
50-Day Range
$39.59
$45.00
52-Week Range
$31.31
$45.27
Volume
599,705 shs
Average Volume
493,947 shs
Market Capitalization
$6.45 billion
P/E Ratio
17.20
Dividend Yield
7.15%
Price Target
$41.44

Kinetik MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
1.3% Downside
$41.44 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.92mentions of Kinetik in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
139.13%
From $1.15 to $2.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

Oils/Energy Sector

210th out of 248 stocks

Natural Gas Transmission Industry

14th out of 18 stocks

KNTK stock logo

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. The company was founded in 2017 and is based in Houston, Texas.

KNTK Stock Price History

KNTK Stock News Headlines

Alex's "Next Magnificent Seven" Stocks
Today Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time to watch it.
Kinetik Holdings' (NYSE:KNTK) Dividend Will Be $0.75
Kinetik (NASDAQ:KNTK) Hits New 12-Month High at $43.26
Alex's "Next Magnificent Seven" Stocks
Today Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time to watch it.
See More Headlines
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Company Calendar

Ex-Dividend for 5/9 Dividend
4/26/2024
Last Earnings
5/08/2024
Dividend Payable
5/09/2024
Today
7/26/2024
Ex-Dividend for 8/7 Dividend
7/29/2024
Dividend Payable
8/07/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Current Symbol
NASDAQ:KNTK
Fax
N/A
Employees
330
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.44
High Stock Price Target
$48.00
Low Stock Price Target
$35.00
Potential Upside/Downside
-1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$386.45 million
Pretax Margin
14.28%

Debt

Sales & Book Value

Annual Sales
$1.32 billion
Cash Flow
$4.42 per share
Book Value
($3.51) per share

Miscellaneous

Free Float
147,957,000
Market Cap
$6.45 billion
Optionable
Optionable
Beta
2.96
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KNTK Stock Analysis - Frequently Asked Questions

How have KNTK shares performed this year?

Kinetik's stock was trading at $33.40 at the beginning of the year. Since then, KNTK shares have increased by 25.7% and is now trading at $41.97.
View the best growth stocks for 2024 here
.

How were Kinetik's earnings last quarter?

Kinetik Holdings Inc. (NASDAQ:KNTK) announced its earnings results on Wednesday, May, 8th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.44 by $0.32. The business's revenue was up 21.5% compared to the same quarter last year.

When did Kinetik's stock split?

Kinetik's stock split on the morning of Thursday, June 9th 2022. The 2-1 split was announced on Thursday, June 9th 2022. The newly issued shares were distributed to shareholders after the closing bell 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 top institutional shareholders include Chickasaw Capital Management LLC (0.45%), Bank of New York Mellon Corp (0.30%), Catalyst Capital Advisors LLC (0.15%) and Raymond James & Associates (0.04%). Insiders that own company stock include Jamie Welch, Matthew Wall, Anne Psencik, Todd Carpenter, Trevor Howard and Corp Apache.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:KNTK) was last updated on 7/27/2024 by MarketBeat.com Staff

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