KINETIK HLDGS (KNTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Kinetik's recent acquisition of Durango Midstream is a lucrative EBITDA boosting transaction. The deal also opens several expansion opportunities for Kinetik. The dividend has an ample safety margin and the company is taxed as a C-Corp.