
As noted last week, midstream MLPs and corporations broadly raised full-year financial guidance following a strong second quarter. Looking ahead, the sector's growth runway is accelerating.
Kinetik Holdings Inc. is an intermediate company in the Texas Delaware Basin. The company is headquartered in Midland, Texas.
| Revenue (TTM) | $1.89B |
| Gross Profit (TTM) | $776.81M |
| EBITDA | $626.68M |
| Operating Margin | 23.00% |
| Return on Equity | 19.20% |
| Return on Assets | 1.96% |
| Revenue/Share (TTM) | $28.25 |
| Book Value | $-15.01 |
| Price-to-Book | 1.34 |
| Price-to-Sales (TTM) | 4.88 |
| EV/Revenue | 4.422 |
| EV/EBITDA | 6.80 |
| Quarterly Earnings Growth (YoY) | 95.20% |
| Quarterly Revenue Growth (YoY) | 36.30% |
| Shares Outstanding | $80.44M |
| Float | $62.95M |
| % Insiders | 7.96% |
| % Institutions | 90.87% |
Volatility is currently contracting

As noted last week, midstream MLPs and corporations broadly raised full-year financial guidance following a strong second quarter. Looking ahead, the sector's growth runway is accelerating.

Midstream MLPs and corporations generally posted strong second-quarter earnings, benefiting from record volume throughput, strong margins, and robust demand for natural gas and natural gas liquids (NGL) exports. Companies also demonstrated the defensive nature of their fee-based cash flows.

Kinetik Holdings is positioned as a constraint monetization platform in the Delaware Basin, leveraging integrated control across the midstream value chain. Record Q2 results featured 36% revenue growth, 35% Adjusted EBITDA growth, and strong dividend coverage, driven by NGL recoveries and downstream optimization. KNTK's growth outlook is underpinned by expansion projects like Kings Landing II, ECCC Pipeline, and increased Gulf Coast access, supporting multi-year EBITDA growth.

Kinetik Holdings Inc. (KNTK) Q2 2026 Earnings Call Transcript

Kinetik remains a quality midstream story, supported by strong assets, dividends, and the Kings Landing II FID catalyst. Q2 saw adjusted EBITDA rise to $280.8M and dividend coverage improve to 1.47x, but processed gas volumes stayed flat YoY. Kings Landing II FID increases long-term growth optionality, yet introduces capex and execution risks, with cash flow impact expected in 2028.

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today published its 2025 Sustainability Report (the “Report”), highlighting its sustainability initiatives, goals, and progress throughout 2025. The Report provides a transparent and comprehensive overview of Kinetik's progress towards a more reliable, efficient, and sustainable energy future. An electronic version of the Report can be accessed on the Sustainability section of Kinetik's we.

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.

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) has declared a cash dividend of $0.81 per share, or $3.24 per share on an annualized basis. The announced quarterly dividend will be paid on Friday, July 31, 2026 to shareholders of record as of market close on Friday, July 24, 2026.Kinetik will host its second quarter 2026 results conference call on Thursday, August 6, 2026 at 8:00 am Central Time (9:00 am Eastern Time). The Company will i.

HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced the appointment of Craig Harris to the Kinetik Board of Directors, effective June 23, 2026. Craig Harris has more than 30 years of experience in the energy industry, with a background spanning engineering, operations, business development, and corporate strategy. From October 2022 to March 2026, Mr. Harris was a Senior Managing Director within Blackstone's credit business.

Energy sector consolidation has accelerated through 2026 so far, with majors and large independents acquiring scale, inventory, and strategic infrastructure.
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