NASDAQ:KNTK Kinetik (KNTK) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free KNTK Stock Alerts $38.66 +0.14 (+0.36%) (As of 04/18/2024 ET) Add Compare Share Share Today's Range$38.06▼$38.6950-Day Range$32.22▼$40.0452-Week Range$26.32▼$40.42Volume438,404 shsAverage Volume622,615 shsMarket Capitalization$5.94 billionP/E Ratio17.11Dividend Yield7.76%Price Target$39.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Kinetik alerts: Email Address Kinetik MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside2.6% Upside$39.67 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.20Based on 6 Articles This WeekInsider TradingSelling Shares$442.05 M Sold Last QuarterProj. Earnings Growth13.00%From $2.00 to $2.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.67 out of 5 starsOils/Energy Sector189th out of 231 stocksNatural Gas Transmission Industry15th out of 19 stocks 1.2 Analyst's Opinion Consensus RatingKinetik has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageKinetik has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for KNTK. Previous Next 1.7 Dividend Strength Dividend LeadershipKinetik is a leading dividend payer. It pays a dividend yield of 7.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKinetik does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kinetik is 132.74%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Kinetik will have a dividend payout ratio of 132.74% in the coming year. This indicates that Kinetik may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for KNTK. Previous Next 3.4 News and Social Media Coverage News SentimentKinetik has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Kinetik this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for KNTK on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows10 people have added Kinetik to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kinetik insiders have sold 88,315.18% more of their company's stock than they have bought. Specifically, they have bought $499,972.00 in company stock and sold $442,051,135.00 in company stock.Percentage Held by InsidersOnly 3.62% of the stock of Kinetik is held by insiders.Percentage Held by InstitutionsOnly 21.11% of the stock of Kinetik is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kinetik are expected to grow by 13.00% in the coming year, from $2.00 to $2.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kinetik is 17.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinetik is 17.11, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.51.Price to Earnings Growth RatioKinetik has a PEG Ratio of 2.35. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story About Kinetik Stock (NASDAQ:KNTK)Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services. The company was founded in 2017 and is based in Houston, Texas.Read More KNTK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KNTK Stock News HeadlinesMarch 30, 2024 | insidertrades.comKinetik Holdings Inc. (NASDAQ:KNTK) Insider Sells $228,965.00 in StockMarch 27, 2024 | insidertrades.comKinetik Holdings Inc. (NASDAQ:KNTK) Insider Trevor Howard Sells 7,000 SharesApril 19, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereMarch 21, 2024 | insidertrades.comKinetik Holdings Inc. (NASDAQ:KNTK) Major Shareholder Sells $441,445,646.25 in StockMarch 19, 2024 | insidertrades.comKinetik Holdings Inc. (NASDAQ:KNTK) Insider Purchases $499,972.50 in StockApril 19, 2024 | americanbankingnews.comKinetik (NASDAQ:KNTK) PT Raised to $43.00April 18, 2024 | businesswire.comKinetik Announces First Quarter Dividend and Financial Results TimingApril 17, 2024 | finance.yahoo.comKNTK- An Energy Midstream Play Profiting in the Texas Delaware BasinApril 19, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 17, 2024 | markets.businessinsider.comStrong Buy Rating for Kinetik Amidst Positive EBITDA Forecast and Strategic GrowthApril 16, 2024 | finance.yahoo.comInfinium and Kinetik Reach Innovative CO2 Utilization Agreement to Advance eFuels ProductionApril 10, 2024 | markets.businessinsider.comKinetik Holdings: Strong Q1 Performance and Positive Outlook Justify Buy Rating and Elevated Price TargetApril 6, 2024 | investing.comKinetik Holdings appoints new board memberApril 5, 2024 | investing.comKinetik Holdings secures $150 million credit facilityApril 4, 2024 | finance.yahoo.comKinetik Announces Changes to Its Board of DirectorsApril 3, 2024 | finance.yahoo.comKinetik Executes New Accounts Receivable Securitization FacilityMarch 27, 2024 | msn.comIs This Standout Natural Gas Stock a Buy for Its 7% Yield?March 25, 2024 | msn.comKinetik started with Outperform rating at RBC as well positioned for growthMarch 20, 2024 | investing.comKinetik Holdings CEO buys $499,972 in company stockMarch 20, 2024 | finance.yahoo.comJamie Welch Buys Handful Of Shares In Kinetik HoldingsMarch 14, 2024 | markets.businessinsider.comKinetik Holdings Prices Secondary Offering Of 11.373 Mln Class A Shares At $33.75/shareMarch 14, 2024 | businesswire.comKinetik Announces Pricing of Secondary Offering of Common StockMarch 13, 2024 | msn.comKinetik announces underwritten secondary offering of common stockMarch 13, 2024 | businesswire.comKinetik Announces Secondary Offering of Common StockMarch 10, 2024 | markets.businessinsider.comKinetik Holdings: Strong Buy on Resilience and Growth Prospects Amidst Market ChallengesMarch 2, 2024 | seekingalpha.comKinetik Holdings Inc. (KNTK) Q4 2023 Earnings Call TranscriptMarch 1, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Energy Companies: Kimbell Royalty Partners (KRP), Kinetik (KNTK) and PBF Energy (PBF)See More Headlines Receive KNTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kinetik and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/7 Dividend2/21/2024Last Earnings2/28/2024Dividend Payable3/07/2024Today4/18/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Natural gas transmission Sub-IndustryN/A Current SymbolNASDAQ:KNTK CUSIPN/A CIK1692787 Webwww.altusmidstream.com Phone(713) 621-7330FaxN/AEmployees330Year FoundedN/APrice Target and Rating Average Stock Price Target$39.67 High Stock Price Target$43.00 Low Stock Price Target$35.00 Potential Upside/Downside+2.6%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$2.26 Trailing P/E Ratio17.11 Forward P/E Ratio19.14 P/E Growth2.6Net Income$386.45 million Net Margins28.57% Pretax Margin12.22% Return on Equity-49.32% Return on Assets5.71% Debt Debt-to-Equity RatioN/A Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$1.26 billion Price / Sales4.73 Cash Flow$4.52 per share Price / Cash Flow8.55 Book Value($3.51) per share Price / Book-11.01Miscellaneous Outstanding Shares153,650,000Free Float148,092,000Market Cap$5.94 billion OptionableOptionable Beta2.80 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Jamie W. Welch (Age 57)President, CEO & Director Comp: $1.28MMr. Matthew Wall (Age 41)Executive VP & COO Comp: $774.99kMr. Steven M. Stellato (Age 49)Executive VP, Chief Administrative Office & Chief Accounting Officer Comp: $774.99kMr. Todd Carpenter (Age 63)General Counsel, Assistant Secretary & Chief Compliance Officer Comp: $774.97kMs. Anne Psencik (Age 60)Chief Strategy Officer Comp: $774.97kMr. Trevor HowardSenior VP & CFOMaddie WagnerDirector of Investor RelationsMr. Tyler A. MilamSenior Vice President, Crude, Water & New Energy VenturesMr. Kris KindrickSenior Vice President, CommercialMs. Lindsay EllisCorporate SecretaryMore ExecutivesKey CompetitorsDT MidstreamNYSE:DTMEnLink MidstreamNYSE:ENLCEquitrans MidstreamNYSE:ETRNAntero MidstreamNYSE:AMArchrockNYSE:AROCView All CompetitorsInsiders & InstitutionsMiller Howard Investments Inc. NYBought 73,418 shares on 4/12/2024Ownership: 0.049%Chickasaw Capital Management LLCSold 29,571 shares on 4/5/2024Ownership: 0.458%Matthew WallSold 5,750 sharesTotal: $228,965.00 ($39.82/share)Trevor HowardSold 7,000 sharesTotal: $263,340.00 ($37.62/share)Jamie WelchBought 14,814 shares on 3/18/2024Total: $499,972.50 ($33.75/share)View All Insider TransactionsView All Institutional Transactions KNTK Stock Analysis - Frequently Asked Questions Should I buy or sell Kinetik stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinetik in the last twelve months. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KNTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KNTK, but not buy additional shares or sell existing shares. View KNTK analyst ratings or view top-rated stocks. What is Kinetik's stock price target for 2024? 13 analysts have issued 1 year price targets for Kinetik's shares. Their KNTK share price targets range from $35.00 to $43.00. On average, they expect the company's stock price to reach $39.67 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price. View analysts price targets for KNTK or view top-rated stocks among Wall Street analysts. How have KNTK shares performed in 2024? Kinetik's stock was trading at $33.40 at the start of the year. Since then, KNTK stock has increased by 15.7% and is now trading at $38.66. View the best growth stocks for 2024 here. When is Kinetik's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our KNTK earnings forecast. How were Kinetik's earnings last quarter? Kinetik Holdings Inc. (NASDAQ:KNTK) announced its quarterly earnings results on Wednesday, February, 28th. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $1.24. The firm earned $348.87 million during the quarter, compared to the consensus estimate of $301.49 million. Kinetik had a net margin of 28.57% and a negative trailing twelve-month return on equity of 49.32%. The firm's revenue was up 18.1% compared to the same quarter last year. During the same period last year, the business posted $0.25 earnings per share. How often does Kinetik pay dividends? What is the dividend yield for Kinetik? Kinetik declared a quarterly dividend on Wednesday, January 24th. Stockholders of record on Thursday, February 22nd will be paid a dividend of $0.75 per share on Thursday, March 7th. This represents a $3.00 annualized dividend and a yield of 7.76%. The ex-dividend date is Wednesday, February 21st. Read our dividend analysis for KNTK. Is Kinetik a good dividend stock? Kinetik (NASDAQ:KNTK) pays an annual dividend of $3.00 per share and currently has a dividend yield of 7.79%. KNTK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 132.74%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, KNTK will have a dividend payout ratio of 132.74% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for KNTK. What ETFs hold Kinetik's stock? ETFs with the largest weight of Kinetik (NASDAQ:KNTK) stock in their portfolio include WBI BullBear Value 3000 ETF (WBIF), Amplify Natural Resources Dividend Income ETF (NDIV), Pacer American Energy Independence ETF (USAI), WBI BullBear Yield 3000 ETF (WBIG), ASYMmetric Smart Alpha S&P 500 ETF (ZSPY), WBI Power Factor High Dividend ETF (WBIY), USCF Midstream Energy Income Fund (UMI) and Global X SuperDividend ETF (SDIV). When did Kinetik's stock split? Kinetik shares split on Thursday, June 9th 2022. The 2-1 split was announced on Thursday, June 9th 2022. The newly minted shares were payable to shareholders after the closing bell on Thursday, June 9th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are Kinetik's major shareholders? Kinetik's stock is owned by many different retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (0.46%) and Miller Howard Investments Inc. NY (0.05%). Insiders that own company stock include Anne Psencik, Corp Apache, Jamie Welch, Matthew Wall, Todd Carpenter and Trevor Howard. View institutional ownership trends. How do I buy shares of Kinetik? Shares of KNTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:KNTK) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingBiden’s $374B Giveaway Into This SectorDTIThe “Perfect Storm” for GoldGold Safe ExchangeForget Bitcoin. 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