Q1 EPS Estimates for Kinetik Lifted by US Capital Advisors

Kinetik Holdings Inc. (NASDAQ:KNTK) – Research analysts at US Capital Advisors lifted their Q1 2025 earnings estimates for shares of Kinetik in a research report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the company will earn $0.47 per share for the quarter, up from their previous estimate of $0.44. The consensus estimate for Kinetik’s current full-year earnings is $1.96 per share. US Capital Advisors also issued estimates for Kinetik’s Q2 2025 earnings at $0.54 EPS, Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.30 EPS and FY2026 earnings at $2.94 EPS.

Other research analysts also recently issued research reports about the company. Mizuho increased their target price on Kinetik from $47.00 to $55.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Wells Fargo & Company raised their price objective on shares of Kinetik from $58.00 to $60.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 18th. Scotiabank cut their target price on shares of Kinetik from $64.00 to $62.00 and set a “sector outperform” rating for the company in a research report on Tuesday, January 21st. Citigroup increased their price target on shares of Kinetik from $54.00 to $58.00 and gave the stock a “neutral” rating in a research report on Monday, December 16th. Finally, Royal Bank of Canada boosted their price objective on shares of Kinetik from $46.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Kinetik presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

Kinetik Price Performance

KNTK stock opened at $64.54 on Thursday. Kinetik has a 1 year low of $31.98 and a 1 year high of $67.60. The company has a market cap of $10.17 billion, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 1.67 and a beta of 2.89. The stock’s fifty day moving average price is $59.94 and its 200-day moving average price is $51.88.

Kinetik (NASDAQ:KNTK) last posted its earnings results on Wednesday, November 6th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.10). The company had revenue of $396.40 million during the quarter, compared to the consensus estimate of $331.21 million. Kinetik had a negative return on equity of 39.48% and a net margin of 30.25%. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. During the same period last year, the firm posted $0.21 EPS.

Institutional Investors Weigh In On Kinetik

A number of institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its holdings in shares of Kinetik by 1.6% in the third quarter. Geode Capital Management LLC now owns 877,887 shares of the company’s stock worth $39,742,000 after buying an additional 13,644 shares in the last quarter. Merewether Investment Management LP increased its holdings in Kinetik by 56.6% in the 3rd quarter. Merewether Investment Management LP now owns 662,300 shares of the company’s stock valued at $29,976,000 after acquiring an additional 239,500 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Kinetik by 12.5% in the 4th quarter. Bank of New York Mellon Corp now owns 488,011 shares of the company’s stock worth $27,675,000 after purchasing an additional 54,081 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its holdings in shares of Kinetik by 10.5% during the 4th quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 440,000 shares of the company’s stock valued at $24,952,000 after purchasing an additional 41,864 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its position in shares of Kinetik by 30.6% during the third quarter. Point72 Asset Management L.P. now owns 352,558 shares of the company’s stock valued at $15,957,000 after purchasing an additional 82,600 shares in the last quarter. Hedge funds and other institutional investors own 21.11% of the company’s stock.

Kinetik Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Monday, February 3rd will be issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 4.83%. The ex-dividend date is Monday, February 3rd. Kinetik’s dividend payout ratio is currently 115.13%.

About Kinetik

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.