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KNTKKinetik Holdings Inc.
$52.92$3.9B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
KNTK logo

Kinetik Holdings Inc.

KNTK
NASDAQ · Midstream Oil & Gas
$52.92
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$3.9B
P/E20.1x
52W High$56.92
Volume1.22M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Record Q2 Revenue Masks Persistent Negative Equity

Kinetik Holdings delivered a record Q2 2026 with revenue surging 36.3% year-over-year to $581.4M and operating margin expanding to 23.0%, signaling a potential inflection in earnings power. However, the company's balance sheet remains strained with negative eq...

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

KNTK price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

+20% Peers

P/E is 20% above peer median

03

Market leadership

RS 78 · Avg

Average momentum (RS Rating: 78)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 5

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
KNTK+51.81%
S&P 500 (^GSPC)+12.39%
1-Year Return
KNTK+23.28%
S&P 500 (^GSPC)+15.77%
3-Year Return
KNTK+80.23%
S&P 500 (^GSPC)+77.66%
5-Year Return
KNTK+95.14%
S&P 500 (^GSPC)+68.89%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
20.1x
Forward P/E
38.1x
EV/EBITDA100th %ile
14.2x
FCF YieldCash Flow
1.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
20.1x
22.4x
50th· Fair
EV/EBITDA
14.2x
11.8x
100th· High
Price/FCF
52.3x
7.6x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$16.52-68.8%
Base (Fair)$55.00+2.8%
Bull$100.53+90.0%
$16.52 Bear$55.00 Base$100.53 Bull
Current Market Price: $52.92
Trades at a 3.8% discount to Base DCF ($55.00)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.76B+19.0% YoY
Net income
$526M+115.3% YoY
Free cash flow
$74M-79.4% YoY
Operating margin
9.3%-2.7 pts YoY
ROIC (TTM)1.9%
Avg ROIC 5Y-
ROE (TTM)17.8%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$0.64+148.5%
vs $0.26
$581M+30.4%
vs $446M
Q2 2026
May 6, 2026
-$0.07-131.8%
vs $0.22
$410M-6.2%
vs $437M
Q1 2026
Feb 25, 2026
$2.16+692.1%
vs $0.27
$430M-0.7%
vs $433M
Q4 2025
Nov 5, 2025
$0.03-89.9%
vs $0.30
$464M+6.8%
vs $434M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·Sep 15, 2026
Is KINETIK HLDGS (KNTK) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Kinetik Holdings Inc. (KNTK) and Sunoco LP (SUN) have performed compared to their sector so far this year.

Reuters·Sep 10, 2026
US pipeline operator Kinetik exploring potential sale, sources say

U.S. pipeline operator Kinetik Holdings is in the early stages of exploring a potential sale of the company, three sources ​familiar with the matter said on Wednesday.

Fool - Investing News·Sep 3, 2026
Kinetik Holdings: Buy, Sell, or Hold After Its Recent Run?

Fresh off hiking its 2026 guidance and a gain of more than 7% in August, Kinetik Holdings remains a "buy" for energy income investors.

ETF Trends·Sep 1, 2026
Midstream Scales Up Natural Gas Infrastructure

As noted last week, midstream MLPs and corporations broadly raised full-year financial guidance following a strong second quarter. Looking ahead, the sector's growth runway is accelerating.

Filtered for Kinetik Holdings Inc.More Headlines
04

Compare before deciding

Benchmark KNTK against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Kinetik Holdings Inc. (KNTK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
KNTK logoKNTKKinetik Holdings Inc.Current
$52.92$3.9B20.1218.98%29.81%17.8%15.08%
HESM logoHESMHess Midstream LP
$38.78$8.01B13.568.4%23.29%92.18%—
DKL logoDKLDelek Logistics Partners, LP
$54.97$2.92B16.667.73%12.85%——
WES logoWESWestern Midstream Partners, LP
$45.65$18.86B15.226.61%29.2%32.85%—
TRGP logoTRGPTarga Resources Corp.
$283.01$60.75B33.223.06%13.49%69.17%—
AM logoAMAntero Midstream Corporation
$21.38$10.15B24.866.99%30.99%20.19%—

Compare KNTK vs Peers

Kinetik Holdings Inc. (KNTK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HESM

Most directly comparable listed peer for KNTK.

Scale Benchmark

vs CVX

Larger-name benchmark to compare KNTK against a more recognizable public peer.

Peer Set

Compare Top 5

vs HESM, DKL, WES, TRGP

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

KNTK SEC Filings & Documents

Kinetik Holdings Inc. (KNTK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jun 25, 2026·SEC

Material company update

May 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Mar 5, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 8, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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KNTK Frequently Asked Questions

Kinetik Holdings Inc. (KNTK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Kinetik Holdings Inc.'s revenue?

Kinetik Holdings Inc. (KNTK) reported $1.89B in revenue for fiscal year 2025. This represents a 12354% increase from $15.1M in 2017.

How fast is Kinetik Holdings Inc. growing?

Kinetik Holdings Inc. (KNTK) grew revenue by 19.0% over the past year. This is strong growth.

Is KNTK profitable?

Yes, Kinetik Holdings Inc. (KNTK) is profitable, generating $476.7M in net income for fiscal year 2025 (29.8% net margin).

Dividend & Returns
Does KNTK pay dividends?

Yes, Kinetik Holdings Inc. (KNTK) pays a dividend with a yield of 15.08%. This makes it attractive for income-focused investors.

What is KNTK's return on equity?

Kinetik Holdings Inc. (KNTK) has a return on equity (ROE) of 17.8%. This is reasonable for most industries.

What is Kinetik Holdings Inc.'s free cash flow?

Kinetik Holdings Inc. (KNTK) generated $194.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in KNTK back in 2017?

Total return calculator · dividends reinvested · 9+ years of data

See returns →