Kinetik Holdings Inc

Company Profile

Kinetik Holdings Inc had its IPO on 2017-05-02 under the ticker symbol KNTK.

The company operates in the Energy sector and Oil & Gas Midstream industry. Kinetik Holdings Inc has a staff strength of 300 employees.

Stock update

Shares of Kinetik Holdings Inc opened at $34.37 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $34.37 - $35.31, and closed at $35.28.

This is a +2.44% increase from the previous day's closing price.

A total volume of 185,905 shares were traded at the close of the day’s session.

In the last one week, shares of Kinetik Holdings Inc have slipped by -0.03%.

Kinetik Holdings Inc's Key Ratios

Kinetik Holdings Inc has a market cap of $1.92 billion, indicating a price to book ratio of 1.3294 and a price to sales ratio of 1.3247.

In the last 12-months Kinetik Holdings Inc’s revenue was $1.20 billion with a gross profit of $534.68 million and an EBITDA of $432.65 million. The EBITDA ratio measures Kinetik Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kinetik Holdings Inc’s operating margin was 13.49% while its return on assets stood at 1.65% with a return of equity of 7%.

In Q2, Kinetik Holdings Inc’s quarterly earnings growth was a positive 610% while revenue growth was a negative 11.7%.

Kinetik Holdings Inc’s PE and PEG Ratio

Forward PE

11.9048

Trailing PE

21.006

PEG

Its diluted EPS in the last 12-months stands at $1.68 per share while it has a forward price to earnings multiple of 11.9048 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kinetik Holdings Inc’s profitability.

Kinetik Holdings Inc stock is trading at a EV to sales ratio of 7.4551 and a EV to EBITDA ratio of 13.5494. Its price to sales ratio in the trailing 12-months stood at 1.3247.

Kinetik Holdings Inc stock pays annual dividends of $3 per share, indicating a yield of 8.5% and a payout ratio of 1.83%.

Balance sheet and cash flow metrics

Total Assets

$6.23 billion

Total Liabilities

$199.35 million

Operating Cash Flow

$-201435000.00

Capital Expenditure

$105.51 million

Dividend Payout Ratio

1.83%

Kinetik Holdings Inc ended 2024 with $6.23 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.23 billion while shareholder equity stood at $-905757000.00.

Kinetik Holdings Inc ended 2024 with $15.38 million in deferred long-term liabilities, $199.35 million in other current liabilities, 14000.00 in common stock, $-902446000.00 in retained earnings and $5.08 million in goodwill. Its cash balance stood at $2.24 million and cash and short-term investments were $2.24 million. The company’s total short-term debt was $37,826,000 while long-term debt stood at $3.63 billion.

Kinetik Holdings Inc’s total current assets stands at $247.84 million while long-term investments were $2.49 billion and short-term investments were $0. Its net receivables were $181.54 million compared to accounts payable of $36.25 million and inventory worth $27.60 million.

In 2024, Kinetik Holdings Inc's operating cash flow was $-201435000.00 while its capital expenditure stood at $105.51 million.

Comparatively, Kinetik Holdings Inc paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price

$35.28

52-Week High

$36.9973

52-Week Low

$25.7621

Analyst Target Price

$37

Kinetik Holdings Inc stock is currently trading at $35.28 per share. It touched a 52-week high of $36.9973 and a 52-week low of $36.9973. Analysts tracking the stock have a 12-month average target price of $37.

Its 50-day moving average was $35.09 and 200-day moving average was $31.26 The short ratio stood at 11.34 indicating a short percent outstanding of 0%.

Around 5503.2% of the company’s stock are held by insiders while 4218.4% are held by institutions.