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Kinetik (KNTK)
NYSE:KNTK
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.34Last Year’s EPS
0.54Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 12.94%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
Kinetik reported solid first quarter results with significant progress on strategic projects and increased capital returns to shareholders. However, the company faces headwinds from lower commodity prices and potential slowdowns in customer activity. Despite these challenges, Kinetik maintains a strong free cash flow profile and positive performance of acquired assets.Company Guidance
In the first quarter of 2025, Kinetik reported adjusted EBITDA of $250 million, marking a 7% year-over-year increase. The company announced a $500 million share repurchase program, aiming to enhance shareholder value amidst macroeconomic uncertainties. Kinetik's Midstream Logistics segment saw an 11% year-over-year rise in adjusted EBITDA to $159 million, driven by increased process gas volumes and margin expansion from Northern Delaware assets. The Pipeline Transportation segment generated $94 million in adjusted EBITDA, down 2% year-over-year due to the prior sale of an equity interest in Gulf Coast Express. Capital expenditures for the quarter totaled $78 million, and Kinetik reaffirmed its full-year adjusted EBITDA guidance of $1.090 billion to $1.150 billion. Despite a $20 million headwind due to lower commodity prices, the company maintains a strong growth outlook, supported by its focus on the Permian Basin's natural gas opportunities and strategic projects like the Kings Landing Complex.Exceeded Internal Expectations for Q1 2025
Kinetik reported solid first quarter results that exceeded internal expectations. Adjusted EBITDA was $250 million, up 7% year-over-year, driven by process gas volume growth and margin expansion.
Significant Capital Returns to Shareholders
Announced a $500 million share repurchase program, a significant increase from the previous $100 million program, highlighting strong confidence in the company's value proposition.
Progress on Strategic Projects
Substantial progress was made on strategic projects, including the completion of the inlet and sales pipelines at Kings Landing, and nearing completion of the ECCC pipeline's northern stretch.
Strong Free Cash Flow Profile
Generated distributable cash flow of $157 million and free cash flow of $120 million in the first quarter.
Positive Performance of Acquired Assets
The Barilla Draw acquisition has exceeded expectations with substantial activity and positive results since closing.
KNTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KNTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $40.34 | $42.37 | +5.03% |
Feb 26, 2025 | $57.38 | $55.02 | -4.11% |
Nov 06, 2024 | $50.91 | $54.73 | +7.50% |
Aug 07, 2024 | $38.43 | $39.52 | +2.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kinetik (KNTK) report earnings?
Kinetik (KNTK) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Kinetik (KNTK) earnings time?
Kinetik (KNTK) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KNTK EPS forecast?
KNTK EPS forecast for the fiscal quarter 2025 (Q2) is 0.34.