Kinetik Holdings Stock Today
| KNTK Stock | USD 39.03 0.58 1.51% |
Performance16 of 100
| Odds Of DistressLess than 9
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Kinetik Holdings is selling for 39.03 as of the 29th of April 2024. This is a 1.51 percent up since the beginning of the trading day. The stock's last reported lowest price was 37.98. Kinetik Holdings has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Kinetik Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2023 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 2nd of May 2017 |
Kinetik 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 has 59.71 M outstanding shares of which 1.3 M shares are now shorted by private and institutional investors with about 2.41 trading days to cover. More on Kinetik Holdings
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 1st of May 2024
Kinetik Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kinetik Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kinetik Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Jamie Welch | ||||
| Thematic Idea | Basic Utilities (View all Themes) | ||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Basic Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Kinetik Holdings report their recommendations after researching Kinetik Holdings' financial statements, talking to executives and customers, or listening in on Kinetik Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kinetik Holdings. The Kinetik consensus assessment is calculated by taking the average forecast from all of the analysts covering Kinetik Holdings. | |||||
Kinetik Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kinetik Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kinetik Holdings' financial leverage. It provides some insight into what part of Kinetik Holdings' total assets is financed by creditors.
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Kinetik Holdings (KNTK) is traded on New York Stock Exchange in USA. It is located in 2700 Post Oak Boulevard, Houston, TX, United States, 77056-4400 and employs 330 people. Kinetik Holdings is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kinetik Holdings's market, we take the total number of its shares issued and multiply it by Kinetik Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kinetik Holdings conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 59.71 M outstanding shares of which 1.3 M shares are now shorted by private and institutional investors with about 2.41 trading days to cover.
Kinetik Holdings currently holds about 5.32 M in cash with 584.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check Kinetik Holdings Probability Of Bankruptcy
Ownership AllocationKinetik Holdings holds a total of 59.71 Million outstanding shares. Over half of Kinetik Holdings' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Kinetik Holdings. Please watch out for any change in the institutional holdings of Kinetik Holdings as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Kinetik Ownership Details
Kinetik Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Kinetik Holdings jumping above the current price in 90 days from now is about 9.12%. The Kinetik Holdings probability density function shows the probability of Kinetik Holdings stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Kinetik Holdings has a beta of 0.8273. This indicates as returns on the market go up, Kinetik Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kinetik Holdings will be expected to be much smaller as well. Additionally, kinetik Holdings has an alpha of 0.2768, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kinetik Holdings to move above the current price in 90 days from now is about 9.12 (This Kinetik Holdings probability density function shows the probability of Kinetik Stock to fall within a particular range of prices over 90 days) .
Kinetik Holdings Historical Income Statement
Kinetik Holdings Income Statement is one of the three primary financial statements used for reporting Kinetik's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kinetik Holdings revenue and expense. Kinetik Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kinetik Holdings' Gross Profit is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 175.9 M this year, although the value of Total Revenue will most likely fall to about 705.9 M. View More FundamentalsKinetik Stock Against Markets
Picking the right benchmark for Kinetik Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kinetik Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kinetik Holdings is critical whether you are bullish or bearish towards Kinetik Holdings at a given time. Please also check how Kinetik Holdings' historical prices are related to one of the top price index indicators.
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Kinetik Holdings Corporate Management
Elected by the shareholders, the Kinetik Holdings' board of directors comprises two types of representatives: Kinetik Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kinetik. The board's role is to monitor Kinetik Holdings' management team and ensure that shareholders' interests are well served. Kinetik Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kinetik Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven Stellato | Chief VP | Profile | |
| Lindsay Ellis | Corporate Secretary | Profile | |
| Maddie Wagner | Director Relations | Profile | |
| Todd Carpenter | Assistant Counsel | Profile |
How to buy Kinetik Stock?
Before investing in Kinetik Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kinetik Holdings. To buy Kinetik Holdings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kinetik Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Kinetik Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kinetik Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Kinetik Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kinetik Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Kinetik Stock please use our How to Invest in Kinetik Holdings guide.
Already Invested in Kinetik Holdings?
The danger of trading Kinetik Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kinetik Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kinetik Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kinetik Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kinetik Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kinetik Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kinetik Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Kinetik Holdings Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetik Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Kinetik Stock analysis
When running Kinetik Holdings' price analysis, check to measure Kinetik Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kinetik Holdings is operating at the current time. Most of Kinetik Holdings' value examination focuses on studying past and present price action to predict the probability of Kinetik Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinetik Holdings' price. Additionally, you may evaluate how the addition of Kinetik Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Kinetik Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinetik Holdings. If investors know Kinetik will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinetik Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 16.095 | Dividend Share 3 | Earnings Share 2.52 | Revenue Per Share 24.244 | Quarterly Revenue Growth 0.181 |
The market value of Kinetik Holdings is measured differently than its book value, which is the value of Kinetik that is recorded on the company's balance sheet. Investors also form their own opinion of Kinetik Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kinetik Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinetik Holdings' market value can be influenced by many factors that don't directly affect Kinetik Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinetik Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinetik Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinetik Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.