KNTK - Kinetik Holdings Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$50.00
DETAILS
HIGH:
$52.00
LOW:
$46.00
MEDIAN:
$50.50
CONSENSUS:
$50.00
DOWNSIDE:
1.05%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 1,764.4 | 1,482.9 | 1,256.4 | 1,213.5 | 662.0 | 410.2 | 378.7 | 571.4 | 15.1 | 0 |
| Cost of Revenue | 1,440.0 | 944.8 | 796.7 | 801.9 | 477.2 | 288.8 | 272.9 | 532.7 | 22.6 | 0 |
| Gross Profit | 324.4 | 538.1 | 459.7 | 411.6 | 184.9 | 121.4 | 105.8 | 38.7 | (7.4) | 0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 130.6 | 134.2 | 97.9 | 94.3 | 28.6 | 22.9 | 22.6 | 19.4 | 4.0 | 0.0 |
| Other Expenses | 28.9 | 224.7 | 202.5 | 166.9 | 102.8 | 1,118.9 | 95.3 | 45.7 | 0 | 0 |
| Operating Expenses | 159.5 | 358.9 | 300.4 | 261.1 | 131.4 | 1,141.8 | 117.9 | 65.1 | 4.1 | 0.0 |
| Operating Income | ||||||||||
| Operating Income | 164.9 | 179.2 | 159.3 | 150.5 | 53.5 | (1,020.5) | (12.1) | (26.4) | (11.5) | (0.0) |
| Interest Expense | 233.4 | 209.8 | 199.7 | 149.3 | 104.0 | 2.2 | 133.5 | 83.1 | 0 | 0 |
| Interest Income | 0 | 2.8 | 2.0 | 0.5 | 4.1 | 0.0 | 1.7 | 0 | 0.5 | 0 |
| Profitability | ||||||||||
| EBITDA | 1,192.7 | 801.3 | 634.2 | 653.4 | 350.9 | (807.5) | 196.1 | 91.0 | (5.5) | (0.0) |
| EBIT | 810.0 | 477.1 | 353.2 | 393.0 | 107.3 | (1,031.2) | (6.5) | (25.9) | (11.5) | 0 |
| Income Before Tax | 576.7 | 267.3 | 153.5 | 253.3 | 3.3 | (1,154.8) | (140.1) | (10.7) | (11.5) | (0.0) |
| Income Tax Expense | 50.7 | 23.0 | (232.9) | 2.6 | 1.9 | 1.0 | 4.4 | 0.5 | 7.0 | 0 |
| Net Income | 178.3 | 244.2 | 386.5 | 135.5 | 1.5 | (1,155.8) | (144.4) | (109.0) | (18.6) | (0.0) |
| Per Share Data | ||||||||||
| EPS (Basic) | 2.66 | 1.03 | 5.25 | 1.48 | 0.04 | -30.55 | -3.82 | -2.88 | -2.98 | – |
| EPS (Diluted) | 2.63 | 1.02 | 2.52 | 1.48 | 0.04 | -30.55 | -3.82 | -2.88 | -2.98 | – |
| Shares Outstanding | 62.0 | 59.3 | 51.8 | 41.4 | 37.8 | 37.8 | 74.9 | 37.8 | 47.2 | 47.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 4.0 | 3.6 | 4.5 | 6.4 | 18.7 | 19.6 | 6.0 | 449.9 | 0.5 | 0.0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 250.5 | 111.9 | 215.7 | 204.0 | 178.1 | 89.6 | 20.7 | 10.9 | 5.4 | 0 |
| Inventory | 4.6 | 0 | 0 | 0 | 0 | 0.9 | 4.0 | 5.8 | 0.7 | 0 |
| Other Current Assets | 43.0 | 179.2 | 37.1 | 31.4 | 20.7 | 8.3 | 1.1 | 1.4 | 0.1 | 0 |
| Total Current Assets | 302.0 | 294.8 | 257.3 | 241.9 | 217.5 | 118.4 | 31.7 | 468.0 | 6.2 | 0.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 3,937.4 | 3,463.7 | 2,780.8 | 2,563.8 | 1,900.8 | 1,928.6 | 205.8 | 1,226.9 | 699.6 | 0 |
| Goodwill | 5.1 | 5.1 | 5.1 | 5.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 553.2 | 652.5 | 591.7 | 695.4 | 786.0 | 921.8 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2,010.2 | 2,117.9 | 2,541.0 | 2,381.3 | 626.5 | 611.2 | 1,258.0 | 91.1 | 0 | 0 |
| Other Non-Current Assets | 90.0 | 77.1 | 85.4 | 32.3 | 22.3 | 23.6 | 5.3 | 3.7 | 0 | 0.0 |
| Total Non-Current Assets | 6,969.0 | 6,520.2 | 6,239.6 | 5,677.8 | 3,335.7 | 3,485.2 | 1,470.2 | 1,389.3 | 699.6 | 0.0 |
| Total Assets | 7,271.0 | 6,814.9 | 6,496.9 | 5,919.7 | 3,553.2 | 3,603.6 | 1,501.9 | 1,857.3 | 705.8 | 0.0 |
| Current Liabilities | ||||||||||
| Account Payables | 42.1 | 27.2 | 34 | 17.9 | 12.2 | 13.4 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 208.8 | 140.2 | 0 | 0 | 54.3 | 53.3 | 12.4 | 0 | 0 | 0.0 |
| Deferred Revenue | 5.7 | 0 | 6.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 180.4 | 216.9 | 178.0 | 13.2 | 7.0 | 16.1 | 19.9 | 98.1 | 124.2 | 0.0 |
| Total Current Liabilities | 440.5 | 418.6 | 250.1 | 227.8 | 240.9 | 167.0 | 33.7 | 98.5 | 124.5 | 0.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,627.7 | 3,364.0 | 3,562.8 | 3,368.5 | 2,253.4 | 2,340.3 | 396 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 197.7 | 16.8 | 13.2 | 11.0 | 7.2 | 0 | 1.1 | 2.6 | 7.0 | 0 |
| Other Non-Current Liabilities | 14.7 | 4.1 | 8.6 | 11.0 | 3.3 | 23.5 | 166.6 | 29.4 | 18.2 | 0 |
| Total Non-Current Liabilities | 3,900.1 | 3,417.3 | 3,619.7 | 3,419.2 | 2,305.4 | 2,394.9 | 564.7 | 32.0 | 25.2 | 0 |
| Total Liabilities | 4,340.6 | 3,835.9 | 3,869.9 | 3,647.1 | 2,546.4 | 2,561.9 | 598.4 | 130.5 | 149.7 | 0.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,041.7 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (806.1) | (2,976.6) | (723.5) | (958.6) | 0 | 0 | (392.6) | (213.7) | (18.6) | (0.0) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | (0.3) | 0 | 0 | 0 |
| Total Stockholders' Equity | (565.4) | (2,976.6) | (530.8) | (839.8) | 0.0 | 1,041.7 | (353.1) | (213.7) | 556.0 | 0.0 |
| Total Liabilities & Equity | 7,271.0 | 6,814.9 | 6,496.9 | 5,919.7 | 3,553.2 | 3,603.6 | 1,501.9 | 1,857.3 | 705.8 | 0.0 |
| Debt Metrics | ||||||||||
| Total Debt | 3,865.6 | 3,534.4 | 3,601.4 | 3,397.3 | 2,369.4 | 2,454.5 | 409.4 | 0 | 0 | 0.0 |
| Net Debt | 3,861.6 | 3,530.8 | 3,596.9 | 3,390.9 | 2,350.6 | 2,434.9 | 403.4 | (449.9) | (0.5) | 0.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 178.3 | 244.2 | 386.5 | 250.7 | 0 | (1,155.8) | (144.4) | (109.0) | (18.6) |
| Depreciation & Amortization | 382.6 | 324.2 | 281.0 | 260.3 | 243.6 | 223.8 | 202.7 | 116.9 | 6.0 |
| Stock-Based Compensation | 0 | 76.5 | 56.0 | 42.8 | 0 | 0 | 3.8 | 0.9 | 13.2 |
| Change in Working Capital | (17.6) | (43.4) | (4.1) | 24.7 | (24.5) | (1.1) | (23.9) | (63.6) | (4.1) |
| Other Non-Cash Items | 10.2 | 16.3 | 98.5 | 32.4 | 14.7 | 1,034.2 | 2.1 | 16.6 | 27.7 |
| Operating Cash Flow | 604.1 | 637.3 | 584.5 | 613.0 | 235.6 | 102.1 | 44.7 | (47.6) | (0.9) |
| Investing Activities | |||||||||
| Capital Expenditure | (529.7) | (275.9) | (329.6) | (221.6) | (82.7) | (199.1) | (357.0) | (167.3) | 0 |
| Acquisitions | (175.3) | (426.2) | (363.4) | (64.8) | 3.6 | (306.5) | (356.3) | (1,102.0) | 0 |
| Purchases of Investments | (1.2) | (3.3) | 0 | 0 | (20.5) | 0 | 0 | (91.1) | 0 |
| Sales/Maturities of Investments | 507.0 | 528.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 6.7 | 0.2 | 0 | (17.6) | (27.7) | (91.1) | 0 |
| Investing Cash Flow | (199.1) | (176.9) | (686.3) | (286.1) | (99.6) | (505.6) | (713.2) | (1,269.2) | 0 |
| Financing Activities | |||||||||
| Net Debt Issuance | 275.9 | (63.8) | 199 | 391.9 | (100.5) | 171.7 | 352.5 | 0 | 0 |
| Stock Repurchased | (176.0) | 0 | (5.8) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (500.1) | (175.2) | (81.4) | (41.1) | (51.2) | 0 | (289.3) | 0 | 0 |
| Other Financing Activities | (4.5) | (222.4) | (11.9) | (506.6) | 0 | (79.9) | (22.5) | 549.3 | 378.7 |
| Financing Cash Flow | (404.7) | (461.4) | 100.0 | (339.2) | (136.8) | 372.8 | 627.6 | 1,371.5 | 378.7 |
| Cash Position | |||||||||
| Net Change in Cash | 0.3 | (0.9) | (1.9) | (12.3) | (5.5) | (30.7) | (41.0) | 54.7 | 0.5 |
| Cash at Beginning | 3.6 | 4.5 | 6.4 | 18.7 | 24.2 | 50.3 | 91.3 | 36.6 | 0.0 |
| Cash at End | 4.0 | 3.6 | 4.5 | 6.4 | 18.7 | 19.6 | 50.3 | 91.3 | 0.5 |
| Free Cash Flow | 74.4 | 361.5 | 254.9 | 391.4 | 152.9 | (97.0) | (312.3) | (214.9) | (0.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 1,764.4 | 1,482.9 | 1,256.4 | 1,213.5 | 662.0 | 410.2 | 378.7 | 571.4 | 15.1 | 0 |
| Gross Profit | 324.4 | 538.1 | 459.7 | 411.6 | 184.9 | 121.4 | 105.8 | 38.7 | (7.4) | 0 |
| Operating Income | 164.9 | 179.2 | 159.3 | 150.5 | 53.5 | (1,020.5) | (12.1) | (26.4) | (11.5) | (0.0) |
| Net Income | 178.3 | 244.2 | 386.5 | 135.5 | 1.5 | (1,155.8) | (144.4) | (109.0) | (18.6) | (0.0) |
| EPS (Diluted) | 2.63 | 1.02 | 2.52 | 1.48 | 0.04 | -30.55 | -3.82 | -2.88 | -2.98 | – |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 4.0 | 3.6 | 4.5 | 6.4 | 18.7 | 19.6 | 6.0 | 449.9 | 0.5 | 0.0 |
| Total Assets | 7,271.0 | 6,814.9 | 6,496.9 | 5,919.7 | 3,553.2 | 3,603.6 | 1,501.9 | 1,857.3 | 705.8 | 0.0 |
| Total Debt | 3,865.6 | 3,534.4 | 3,601.4 | 3,397.3 | 2,369.4 | 2,454.5 | 409.4 | 0 | 0 | 0.0 |
| Stockholders' Equity | (565.4) | (2,976.6) | (530.8) | (839.8) | 0.0 | 1,041.7 | (353.1) | (213.7) | 556.0 | 0.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 604.1 | 637.3 | 584.5 | 613.0 | 235.6 | 102.1 | 44.7 | (47.6) | (0.9) | |
| Capital Expenditure | (529.7) | (275.9) | (329.6) | (221.6) | (82.7) | (199.1) | (357.0) | (167.3) | 0 | |
| Free Cash Flow | 74.4 | 361.5 | 254.9 | 391.4 | 152.9 | (97.0) | (312.3) | (214.9) | (0.9) | |