Summary
Kinetik: Better Infrastructure Story, But Still Not A Bargain
Kinetik remains a quality midstream player, with my buy rating supported by Kings Landing and New Mexico expansion potential. KNTK's dividend yield has increased to 6.3%, with a $0.81 quarterly payout and a robust buyback program, enhancing capital returns. Valuation is not cheap, with EV/EBITDA at 21.6x (forward 11.8x), making future upside dependent on EBITDA growth from Kings Landing and New Mexico.
Kinetik: Why This High-Yield Midstream Has Room To Run
Kinetik Holdings remains a compelling 'Buy' while maintaining a well-covered 6.4% dividend yield. KNTK posted record Q1 2026 adjusted EBITDA, driven by strong midstream logistics performance and favorable commodity price spreads. Growth catalysts include expanded customer contracts, Kings Landing sour gas conversion, and the ECCC pipeline, supporting long-term cash flow visibility and incremental expansion.
Kinetik Holdings Inc. (KNTK) Q1 2026 Earnings Call Transcript
Kinetik Holdings Inc. (KNTK) Q1 2026 Earnings Call Transcript
Kinetik Holdings Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 5 | $259.69 | $246.25 | -$13.44 | -5.18% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 816 | $39,434.52 | $40,179.84 | $745.32 | 1.89% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 718 | $35,904.79 | $35,476.38 | -$428.41 | -1.19% |
| BG Bart Gancher Intech Investment Management LLC | 10,355 | $566,123.76 | $509,880.2 | -$56,243.56 | -9.93% |
 Woodley Farra Manion Portfolio Management Woodley Farra Manion Portfolio Management Inc. | 83,662 | $3.58M | $4.12M | $543,802.76 | 15.21% |
Kinetik Holdings Inc. (KNTK) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Kinetik Holdings Inc. ever had a stock split?
Kinetik Holdings Inc. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Jamie W. Welch CEO | NYSE Exchange | 02215L209 CUSIP |
| US Country | 500 Employees | 24 Jul 2026 Last Dividend | 9 Jun 2022 Last Split | 2 May 2017 IPO Date |
Overview
Kinetik Holdings Inc., established in 2017 and headquartered in Houston, Texas, operates as a midstream company primely focused on the Texas Delaware Basin. The company's operations are divided into two main segments: Midstream Logistics and Pipeline Transportation. Kinetik Holdings Inc. caters to the comprehensive needs of companies involved in the production of natural gas, natural gas liquids, and crude oil. In addition, it extends its services to manage water gathering and disposal, underscoring its pivotal role in facilitating the midstream processes crucial for the energy sector. Through its strategic location and expansive service offerings, Kinetik Holdings Inc. stands as a significant contributor to the efficiency and sustainability of energy transportation and processing.
Products and Services
- Gathering, Transportation, and Compression - Kinetik Holdings Inc. offers a suite of services aimed at the efficient collection and transport of natural gas, natural gas liquids, and crude oil. Complemented with compression services, the company ensures that these resources are moved efficiently across different stages of the supply chain.
- Processing, Stabilization, and Treating - To meet the market standards and regulatory requirements, the company provides processing services that involve the removal of impurities and other components. This is accompanied by stabilization and treating processes that ensure the safety and quality of the hydrocarbons before they are delivered to the market.
- Storage and Transportation Services - Kinetik Holdings Inc. provides secure storage solutions for natural gas, natural gas liquids, and crude oil, ensuring the continuity of supply and operational flexibility for its clients. The transportation services further facilitate the movement of these commodities to different markets, leveraging an extensive pipeline infrastructure.
- Water Gathering and Disposal Services - Recognizing the importance of water management in energy production, Kinetik Holdings Inc. offers comprehensive water gathering and disposal solutions. This not only addresses environmental concerns but also enhances the efficiency of the production process by managing the water used and produced in the extraction of oil and gas.
