Kinetik Holdings Inc., through its subsidiaries, operates as a midstream company in the Texas Delaware Basin. It operates through two segments, Midstream Logistics and Pipeline Transportation. The company offers gathering, compression, processing, stabilization, treating, and storage services; transportation services through pipelines; and water gathering and disposal services for companies that produce natural gas, natural gas liquids (NGL), and crude oil. It also sells condensates, natural gas residue, and NGLs. Kinetik Holdings Inc. was founded in 2017 and is headquartered in Midland, Texas.
Permian Powerhouse | Kinetik Holdings leverages its strong asset base in the Permian Basin, positioning itself as a key player in one of North America's most prolific oil-producing regions |
Navigating Volatility | Explore how KNTK manages market uncertainties, balancing crude oil price fluctuations with diversified operations in NGL handling and potential power generation |
Growth on the Horizon | Delve into KNTK's expansion strategies, including the Kings Landing 1 project and upcoming NGL recontracting, poised to drive future performance |
Valuation Insights | Analysts set price targets ranging from $55 to $57, reflecting cautious optimism amidst KNTK's elevated trading multiples and market challenges |
Metrics to compare | KNTK | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipKNTKPeersSector | |
---|---|---|---|---|
P/E Ratio | 45.9x | 11.9x | 4.9x | |
PEG Ratio | −0.73 | 0.28 | 0.00 | |
Price/Book | −2.7x | 2.1x | 1.1x | |
Price / LTM Sales | 4.3x | 2.5x | 1.1x | |
Upside (Analyst Target) | 28.5% | 13.0% | 26.9% | |
Fair Value Upside | Unlock | 13.0% | 10.6% | Unlock |