US Capital Advisors Forecasts Increased Earnings for Kinetik

Kinetik Holdings Inc. (NASDAQ:KNTK) – Analysts at US Capital Advisors raised their Q1 2025 earnings per share (EPS) estimates for Kinetik in a research report issued to clients and investors on Monday, February 3rd. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.47 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.

Kinetik (NASDAQ:KNTK) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.35 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 analysts’ expectations 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 for the quarter was up 20.0% compared to the same quarter last year. During the same period last year, the business earned $0.21 earnings per share.

Several other brokerages also recently weighed in on KNTK. Royal Bank of Canada raised their target price on Kinetik from $46.00 to $52.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Mizuho raised their target price on Kinetik from $47.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Wells Fargo & Company raised their target price on Kinetik from $58.00 to $60.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 18th. Citigroup raised their target price on Kinetik from $54.00 to $58.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. Finally, The Goldman Sachs Group lifted their price target on Kinetik from $46.00 to $61.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

Kinetik Price Performance

Shares of Kinetik stock opened at $63.07 on Thursday. The business has a 50-day moving average of $60.10 and a 200-day moving average of $52.08. The company has a market capitalization of $9.94 billion, a PE ratio of 23.27, a P/E/G ratio of 1.67 and a beta of 2.89. Kinetik has a 1-year low of $31.98 and a 1-year high of $67.60.

Hedge Funds Weigh In On Kinetik

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp bought a new stake in shares of Kinetik during the fourth quarter valued at approximately $26,000. Canton Hathaway LLC bought a new stake in shares of Kinetik during the fourth quarter valued at approximately $28,000. GAMMA Investing LLC raised its holdings in shares of Kinetik by 72.0% during the fourth quarter. GAMMA Investing LLC now owns 509 shares of the company’s stock valued at $29,000 after buying an additional 213 shares during the last quarter. Rialto Wealth Management LLC bought a new stake in shares of Kinetik during the fourth quarter valued at approximately $34,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Kinetik during the third quarter valued at approximately $46,000. 21.11% of the stock is currently owned by institutional investors and hedge funds.

Kinetik Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Monday, February 3rd will be paid a $0.78 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $3.12 dividend on an annualized basis and a yield of 4.95%. Kinetik’s dividend payout ratio (DPR) is 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.