Equities Analysts Set Expectations for Kinetik Q1 Earnings

Kinetik Holdings Inc. (NASDAQ:KNTK) – US Capital Advisors lifted their Q1 2025 earnings estimates for Kinetik in a research report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now anticipates that the company will post earnings of $0.47 per share for the quarter, up from their previous forecast 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 analysts have also recently issued reports about the stock. JPMorgan Chase & Co. increased their target price on shares of Kinetik from $63.00 to $65.00 and gave the stock an “overweight” rating in a report on Wednesday, January 15th. Wells Fargo & Company upped their price target on shares of Kinetik from $58.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 18th. Mizuho increased their target price on shares of Kinetik from $47.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Citigroup increased their target price on shares of Kinetik from $54.00 to $58.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. Finally, Scotiabank reduced their price objective 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. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

Kinetik Price Performance

KNTK opened at $62.54 on Thursday. The stock has a market capitalization of $9.85 billion, a PE ratio of 23.08, a P/E/G ratio of 1.67 and a beta of 2.89. The firm’s fifty day moving average price is $60.02 and its 200 day moving average price is $51.95. Kinetik has a 12-month low of $31.98 and a 12-month high of $67.60.

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

Hedge Funds Weigh In On Kinetik

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Merewether Investment Management LP grew its holdings in Kinetik by 56.6% during the third quarter. Merewether Investment Management LP now owns 662,300 shares of the company’s stock valued at $29,976,000 after purchasing an additional 239,500 shares during the last quarter. Gilman Hill Asset Management LLC grew its holdings in Kinetik by 551.6% during the third quarter. Gilman Hill Asset Management LLC now owns 244,524 shares of the company’s stock valued at $11,067,000 after purchasing an additional 206,999 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Kinetik during the fourth quarter valued at approximately $11,241,000. Point72 Asset Management L.P. grew its holdings in 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 during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Kinetik during the third quarter valued at approximately $3,558,000. Institutional investors own 21.11% of the company’s stock.

Kinetik Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Monday, February 3rd will be given a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 4.99%. The ex-dividend date is Monday, February 3rd. Kinetik’s payout ratio is presently 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.