Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Kinetik (KNTK)
NYSE:KNTK
Kinetik (KNTK) Stock Price & Analysis
261 Followers
KNTK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.56 - $40.58
Previous Close$40.39
Volume436.37K
Average Volume (3M)680.87K
Market Cap
$6.21B
Enterprise Value$13.37B
Total Cash (Recent Filing)$9.76M
Total Debt (Recent Filing)$3.55B
Price to Earnings (P/E)16.6
Beta0.63
Next Earnings
Aug 06, 2024EPS Estimate
$0.44Last Dividend Ex-Date
Apr 26, 2024Dividend Yield7.43%
Share Statistics
EPS (TTM)2.44
Shares Outstanding153,658,073
10 Day Avg. Volume539,000
30 Day Avg. Volume680,865
Standard Deviation0.42
R-Squared0.13
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-3.96
Price to Sales (P/S)7.07
Price to Cash Flow (P/CF)9.90
P/FCF Ratio14.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.03
Enterprise Value/Gross Profit17.53
Enterprise Value/Ebitda20.08
Forecast
1Y Price Target
$41.17Price Target Upside2.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Kinetik News
PremiumCompany Announcements
Kinetik Holdings Reshapes Energy Portfolio with Strategic Deals
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEarnings showed steady performance and solid Free Cash Flow potential on KNTK's legacy Texas Delaware G&P / long-haul pipeline assets.
Stock ValuationAnalyst raises the price target for KNTK based on strong growth prospects and downstream integration advantages.
Strategic ExpansionMajor expansion into the northern edge of the Delaware Basin via three new transactions/commercial agreements.
Bears Say
Asset SalesThe GCX sale has failed to materialize, which might be seen as a missed opportunity for immediate capital gain, casting doubt on the company's asset monetization strategy.
Financial OutlookKNTK's 2024 outlook came in below forecast, signaling potential concerns over the company's future earnings trajectory.
Operational ChallengesPlant Maintenance And Gas Curtailments To Impact Q1, indicating operational disruptions that could affect short-term revenue and profitability.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
KNTK FAQ
What was Kinetik’s price range in the past 12 months?
Kinetik lowest stock price was $27.55 and its highest was $40.58 in the past 12 months.
What is Kinetik’s market cap?
Currently, no data Available
When is Kinetik’s upcoming earnings report date?
Kinetik’s upcoming earnings report date is Aug 06, 2024 which is in 82 days.
How were Kinetik’s earnings last quarter?
Kinetik released its earnings results on May 08, 2024. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.431 by -$0.311.
Is Kinetik overvalued?
According to Wall Street analysts Kinetik’s price is currently Undervalued.
Does Kinetik pay dividends?
Kinetik pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 7.43%. See more information on Kinetik dividends here
What is Kinetik’s EPS estimate?
Kinetik’s EPS estimate is $0.44.
How many shares outstanding does Kinetik have?
Kinetik has 59,715,286 shares outstanding.
What happened to Kinetik’s price movement after its last earnings report?
Kinetik reported an EPS of $0.12 in its last earnings report, missing expectations of $0.431. Following the earnings report the stock price went down -1.041%.
Which hedge fund is a major shareholder of Kinetik?
Among the largest hedge funds holding Kinetik’s share is Blackstone Inc.. It holds Kinetik’s shares valued at 350M.
---
Kinetik Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$41.17 (2.98% Upside)
$41.17 (2.98% Upside)
Blogger Sentiment
Bullish
KNTK Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $442.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 16.3%
Last 30 Days ▲ 16.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.23%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
5.27%
Trailing 12-Months
Company Description
Kinetik
Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX.
---
KNTK Company Deck
---
KNTK Earnings Call
Q1 2024
0:00 / 0:00
---
KNTK Stock 12 Month Forecast
Average Price Target
$41.17
▲(2.98% Upside)
Technical Analysis
Best Analysts Covering KNTK
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+19.07%
assigned a buy rating 6 days ago
Copying Tristan Richardson's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +19.07% per trade.
---