Kinetik Holdings Inc.(KNTK)Earnings, Financials & Key Ratios

KNTK•NASDAQ

$47.60

18.1× P/E·Price updated Jul 2, 2026

SectorEnergy IndustryMidstream Oil & Gas Sub-IndustryGas Gathering, Processing and NGLs

AboutKinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas.Show more

Revenue$1.76B+19.0%
EBITDA$548M+8.8%
Net Income$178M-27.0%
EPS (Diluted)2.63+157.8%
Gross Margin18.39%-49.3%
EBITDA Margin31.03%-8.6%
Operating Margin9.35%-22.7%
Net Margin10.1%-38.7%
ROE6.03%-30.8%

KNTK Price & Volume

Kinetik Holdings Inc. (KNTK) stock price & volume — 10-year historical chart

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Delaware Basin Integration Faces Severe Margin Compression

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Mixed

Profitability:Strained

Financial:Vulnerable

Cash Flow:Deteriorating

Primary Risk:Basin-specific volume volatility

Key Thesis Takeaways

Kinetik Holdings faces significant structural headwinds as its Delaware Basin operations struggle with declining revenue growth and negative operating income, which fell to -$3.8 million in 2026Q1.
The company's reliance on capital-intensive infrastructure, evidenced by a 37.0% CapEx/Revenue ratio in 2025Q3, combined with a persistent negative equity position, creates a precarious financial profile.
Investors should monitor the sustainability of shareholder distributions, as the company's free cash flow volatility and high debt load of $3.8 billion suggest limited flexibility in navigating regional volume fluctuations.

Verdict Logic

the company's inability to maintain positive operating income in 2026Q1 and its reliance on external financing to support a 16.0% dividend yield present significant risks to long-term solvency.

KNTK Growth Metrics

Kinetik Holdings Inc. (KNTK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years33.88%

3 Years13.29%

TTM9.23%

Profit CAGR

10 Years-

5 Years-

3 Years9.57%

TTM-0.01%

EPS CAGR

10 Years-

5 Years-

3 Years21.12%

TTM159.2%

Return on Capital

10 Years-3.74%

5 Years2.58%

3 Years2.67%

Last Year2.49%

KNTK Recent Earnings

Kinetik Holdings Inc. (KNTK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)

Q2 2026Latest

May 6, 2026

Metric

Actual

Est

EPS

$0.07-131.8%

$0.22

Rev

$410M-6.2%

$437M

Q1 2026

Feb 25, 2026

Metric

Actual

Est

EPS

$2.16+692.1%

$0.27

Rev

$430M-0.7%

$433M

Q4 2025

Nov 5, 2025

Metric

Actual

Est

EPS

$0.23+0.0%

$0.23

Rev

$464M+0.1%

$463M

Q3 2025

Aug 6, 2025

Metric

Actual

Est

EPS

$0.33+135.7%

$0.14

Rev

$427M+8.2%

$394M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 6, 2026	$0.07vs $0.22-131.8%	$410Mvs $437M-6.2%
Q1 2026	Feb 25, 2026	$2.16vs $0.27+692.1%	$430Mvs $433M-0.7%
Q4 2025	Nov 5, 2025	$0.23vs $0.23+0.0%	$464Mvs $463M+0.1%
Q3 2025	Aug 6, 2025	$0.33vs $0.14+135.7%	$427Mvs $394M+8.2%

Based on last 12 quarters of dataView full earnings history →

Latest KNTK News

Recent stock market news and headlines for Kinetik Holdings Inc. (KNTK)

Business Wire·Jun 24, 2026

Kinetik Appoints New Board Member

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced the appointment of Craig Harris to the Kinetik Board of Directors, effective June 23, 2026. Craig Harris has more than 30 years of experience in the energy industry, with a background spanning engineering, operations, business development, and corporate strategy. From October 2022 to March 2026, Mr. Harris was a Senior Managing Director within Blackstone's credit business.

CNBC·Jun 21, 2026

Top Wall Street analysts like these 3 dividend stocks for solid returns

The Federal Reserve indicated the possibility of a rate hike this year after its latest meeting, which could have implications for income-seeking investors.

Peers Comparison

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

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
KNTKKinetik Holdings Inc.Current	$47.60	$3.27B	18.10	18.98%	10.1%	6.03%	16.76%
HESMHess Midstream LP	$37.79	$7.81B	13.21	8.67%	22.65%	84.47%	—
DKLDelek Logistics Partners, LP	$51.67	$2.75B	15.66	7.73%	16%	1917.1%	—
WESWestern Midstream Partners, LP	$43.13	$16.98B	14.38	6.61%	29.9%	33.79%	—
TRGPTarga Resources Corp.	$257.81	$55.34B	30.26	3.06%	12.98%	70.77%	—
AMAntero Midstream Corporation	$22.43	$10.65B	26.08	6.99%	31.94%	20.38%	—

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

KNTK SEC Filings & Documents

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

8-K Announcements

Material company update

May 7, 2026·SEC

Material company update

Apr 3, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Mar 5, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 8, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 8, 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 $1.73B in revenue for fiscal year 2025. This represents a 11332% 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 $228.1M in net income for fiscal year 2025 (10.1% net margin).

Dividend & Returns

Does KNTK pay dividends?

Yes, Kinetik Holdings Inc. (KNTK) pays a dividend with a yield of 16.76%. 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 6.0%. This is below average, suggesting room for improvement.

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

Kinetik Holdings Inc. (KNTK) generated $255.5M 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 →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 6, 2026

$0.07vs $0.22-131.8%

$410Mvs $437M-6.2%

Q1 2026

Feb 25, 2026

$2.16vs $0.27+692.1%

$430Mvs $433M-0.7%

Q4 2025

Nov 5, 2025

$0.23vs $0.23+0.0%

$464Mvs $463M+0.1%

Q3 2025

Aug 6, 2025

$0.33vs $0.14+135.7%

$427Mvs $394M+8.2%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

KNTKKinetik Holdings Inc.Current

$47.60

$3.27B

18.10

18.98%

10.1%

6.03%

16.76%

HESMHess Midstream LP

$37.79

$7.81B

13.21

8.67%

22.65%

84.47%

—

DKLDelek Logistics Partners, LP

$51.67

$2.75B

15.66

7.73%

16%

1917.1%

—

WESWestern Midstream Partners, LP

$43.13

$16.98B

14.38

6.61%

29.9%

33.79%

—

TRGPTarga Resources Corp.

$257.81

$55.34B

30.26

3.06%

12.98%

70.77%

—

AMAntero Midstream Corporation

$22.43

$10.65B

26.08

6.99%

31.94%

20.38%

—