Stock Price & Analysis

Based on the current technical indicators and analyst consensus, KNTK shows a neutral to slightly bullish momentum. The stock is trading at $63.64, near its 20-day SMA of $63.97, with RSI-14 at 53.90 indicating balanced momentum.

Recent analyst ratings suggest moderate upside potential, with BofA raising the price target to $73 and RBC Capital maintaining a Buy rating with a $67 target.

Based on recent analyst reports and technical indicators, KNTK stock is projected to reach $73 by end of 2025, supported by BofA's recent price target upgrade and the company's expansion into New Mexico driving mid-single digit growth. Technical analysis shows the stock currently trading at $63.64 with strong support at $61.57 and resistance at $65.89, while RSI at 53.90 indicates balanced momentum. Multiple analysts maintain bullish ratings including RBC Capital and Mizuho Securities with price targets ranging from $67-$70, suggesting an upward trajectory.

The S1 support level for KNTK Stock is $61.57 ,The R1 resistant level for KNTK Stock is $65.89.

As of the end of day on 2025-02-11, the price of KNTK Stock was $64.09.

The target price for KNTK Stock according to analyst rating is 64.11, with the highest price target at 73.00 and the lowest at 58.00. Analysts have a Moderate Buy rating on KNTK Stock overall.

The market cap of KNTK is $10.0B.

Based on the provided data, here's a concise analysis of KNTK's valuation:

Valuation Analysis: KNTK currently shows a P/E ratio of 15.24 (Q3 2024) which has remained relatively stable compared to Q2 2024 (14.62). The EV/EBITDA multiple stands at 28.96, indicating a premium valuation compared to typical midstream companies. The Price-to-Sales ratio of 4.79 suggests the market is pricing in significant growth expectations.

Analyst Consensus: Recent analyst actions show a mixed but generally positive outlook. In January 2025, while Scotiabank lowered their price target to $62 from $64, they maintained a Buy rating. JP Morgan raised their target to $65, and Barclays significantly increased their target to $61 from $47. The consensus suggests a moderate upside potential.

Dividend Consideration: The dividend yield has shown a declining trend from 7.52% in Q1 2024 to 6.63% in Q3 2024, though still offering an attractive yield in the current market environment.

Based on these metrics, KNTK appears to be fairly valued to slightly overvalued at current levels, considering its premium EV/EBITDA multiple and declining dividend yield, though strong analyst support and stable P/E ratios suggest the valuation may be justified by growth prospects and business stability.

Kinetik Holdings Inc. is an integrated midstream energy company in the Permian Basin. The Company provides gathering, transportation, compression, processing and treating services. Its segments include Midstream Logistics and Pipeline Transportation. The Midstream Logistics segment provides three service offerings, including gas gathering and processing, crude oil gathering, stabilization and storage services and water gathering and disposal. The Pipeline Transportation segment consists of four equity method investment (EMI) pipelines originating in the Permian Basin with various access points to the United States Gulf Coast, and its wholly owned and operated pipelines, Kinetik NGL and Delaware Link. The EMI pipelines transport crude oil, natural gas and natural gas liquids (NGLs) within the Permian Basin and to the United States Gulf Coast. It has over 2.0 billion cubic feet per day cryogenic natural gas processing capacity strategically located near the Waha Hub in West Texas.

Based on analyst projections and technical analysis, KNTK stock is expected to reach $95-100 by 2030, driven by the company's expansion into New Mexico and strong midstream growth potential. The stock's current technical indicators show a moderate RSI of 53.90 suggesting balanced momentum, while multiple analysts maintain Buy ratings with near-term targets of $67-73. The company's strategic moves into new markets and positive capital expenditure outlook support long-term growth expectations.

KNTK has a total of 330 employees.