KNTK

Kinetik Holdings Inc

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Advanced Chart

41.300

-0.23(-0.554%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

41.810

Open

41.810

VWAP

41.26

Vol

782.20K

Mkt Cap

6.77B

Low

40.780

Amount

32.27M

EV/EBITDA(TTM)

18.87

Total Shares

59.72M

10.48B

EV/OCF(TTM)

15.78

P/S(TTM)

1.54

Kinetik Holdings Inc. is an integrated Permian-to-Gulf Coast midstream company operating in the Delaware Basin. It offers comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Its segments include Midstream Logistics and Pipeline Transportation. The Midstream Logistics segment operates under three streams: gas gathering and processing, crude oil gathering, stabilization and storage services, and produced water gathering and disposal. The Midstream Logistics segment provides gas gathering and processing services with over 3,900 miles of low and high-pressure steel pipeline located throughout the Delaware Basin, including over 2,300 miles of gas pipeline. The Pipeline Transportation segment consists of equity investment interests in three Permian Basin pipelines that access various points along the United States Gulf Coast, Kinetik NGL Pipeline and Delaware Link Pipeline.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

639.06M

+44.17%

462.57M

+19.93%

505.68M

+27.58%

Estimates Revision

The market is revising Downward the revenue expectations for Kinetik Holdings Inc. (KNTK) for FY2025, with the revenue forecasts being adjusted by -0.73% over the past three months. During the same period, the stock price has changed by -2.53%.

Revenue Estimates for FY2025

Revise Downward

-0.73%

In Past 3 Month

Stock Price

Go Down

-2.53%

In Past 3 Month

10 Analyst Rating

29.54% Upside

Wall Street analysts forecast KNTK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KNTK is 53.50 USD with a low forecast of 43.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Buy

3 Hold

0 Sell

Moderate Buy

29.54% Upside

Current: 41.300

Low

43.00

Averages

53.50

High

60.00

29.54% Upside

Current: 41.300

Low

43.00

Averages

53.50

High

60.00

Barclays

Theresa Chen

Equal Weight

downgrade

$49 -> $43

2025-07-14

Reason

Barclays

Theresa Chen

Price Target

$49 -> $43

2025-07-14

downgrade

Equal Weight

Reason

Barclays analyst Theresa Chen lowered the firm's price target on Kinetik Holdings to $43 from $49 and keeps an Equal Weight rating on the shares. The firm expects "curtailed" volumes to continue to impact Kinetik in Q2. Further, weaker quarter-over-quarter prices will likely have an impact on earnings in the quarter, the analyst tells investors in a research note.

Clear Street

NULL -> Buy

initiated

$60

2025-07-08

Reason

Clear Street

Price Target

$60

2025-07-08

initiated

NULL -> Buy

Reason

Clear Street initiated coverage of Kinetik Holdings with a Buy rating and $60 price target.

Citi

Spiro Dounis

Buy

maintain

$55

2025-06-10

Reason

Citi

Spiro Dounis

Price Target

$55

2025-06-10

maintain

Buy

Reason

Citi analyst Spiro Dounis adds a "downside 30-day short-term view" on shares of Kinetik Holdings while keeping a Buy rating on the name with a $55 price target. The firm believes two events tied to the Durango acquisition could represent a short-term overhang. Up to 11.5M shares could come to market due to the lockup expiration on June 24 and deferred compensation of July 1, representing 7% of the total shares outstanding, the analyst tells investors in a research note. Citi estimates these shares, if monetized, would take over nine days to be absorbed by the market based on 30 day average volume levels. The firm continues to see "compelling upside longer term," but believes Kinetik could be range-bound over the next month due to the potential for more equity to come to market.

Scotiabank

Outperform

maintain

$54 -> $57

2025-06-05

Reason

Scotiabank

Price Target

$54 -> $57

2025-06-05

maintain

Outperform

Reason

Scotiabank raised the firm's price target on Kinetik Holdings to $57 from $54 and keeps an Outperform rating on the shares. The firm is rolling forward its target valuation year to 2027 and introducing its estimates for 2028 for stocks in the U.S. Midstream sector, the analyst tells investors. Scotiabank still expects units to remain range bound with limited catalysts on the horizon.

RBC Capital

Outperform

downgrade

$57 -> $55

2025-05-30

Reason

RBC Capital

Price Target

$57 -> $55

2025-05-30

downgrade

Outperform

Reason

RBC Capital lowered the firm's price target on Kinetik Holdings to $55 from $57 and keeps an Outperform rating on the shares. The firm is updating its model after the company's recent Q1 results and its meeting with the management at the EIC conference, noting that while it expects Kings Landing 1 to drive growth in the second half of 2025, uncertainty around crude oil prices and producer activity leads RBC to lower its estimates, the analyst tells investors in a research note.

Barclays

Theresa Chen

Equal Weight

downgrade

$58 -> $48

2025-05-20

Reason

Barclays

Theresa Chen

Price Target

$58 -> $48

2025-05-20

downgrade

Equal Weight

Reason

Barclays analyst Theresa Chen lowered the firm's price target on Kinetik Holdings to $48 from $58 and keeps an Equal Weight rating on the shares. The firm adjusted estimates in midstream and refining to reflect updated commodities information and other updated company-specific assumptions.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Kinetik Holdings Inc (KNTK.N) is 26.23, compared to its 5-year average forward P/E of 22.71. For a more detailed relative valuation and DCF analysis to assess Kinetik Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

22.71

Current PE

26.23

Overvalued PE

27.81

Undervalued PE

17.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.44

Current EV/EBITDA

10.51

Overvalued EV/EBITDA

10.86

Undervalued EV/EBITDA

8.01

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.38

Current PS

1.28

Overvalued PS

1.66

Undervalued PS

1.10