Kinetik Holdings Inc. Class A (KNTK)

Over the past 52 weeks, Kinetik Holdings' stock traded between $64.48 and $31.33, with a 37.77% decline between January 2025 and January 2026. Recent analyst activities include Mizuho setting a $48.00 price target in October 2025. Citigroup reduced its target price from $55.00 to $46.00 in November 2025, maintaining a "buy" rating. Wolfe Research downgraded Kinetik from "outperform" to "peer perform" in January 2026. Royal Bank of Canada lowered its price target from $52.00 to $46.00 in November 2025, with an "outperform" rating. Scotiabank reissued an "outperform" rating and a $48.00 price objective in January 2026. Jefferies downgraded Kinetik Holdings to a "hold" rating in February 2026, maintaining a target price of $43. In January 2026, Kinetik announced a dividend increase and reported its third-quarter 2025 results, including a net income of $15.5 million for the quarter and $109.2 million for the nine months ended September 30, 2025. Kinetik generated Adjusted EBITDA of $242.6 million and Distributable Cash Flow of $158.5 million for the third quarter of 2025. Following these results, Kinetik revised its 2025 financial guidance. Operational highlights from Q3 2025 included the divestiture of a 27.5% non-operated equity interest in EPIC Crude Holdings, LP, the full commercial in-service of the Kings Landing Complex, a final investment decision on the acid gas injection project at Kings Landing, an agreement for a residue natural gas pipeline connection for a new power generation facility, and a new five-year liquefied natural gas (LNG) pricing agreement with INEOS Energy.

While Kinetik Holdings Inc. operates in the energy sector, which can be subject to seasonal demand fluctuations, the provided information does not explicitly detail the demand seasonality for Kinetik's specific products and services. Seeking Alpha indicates that it displays mean and median monthly returns for KNTK to identify seasonal patterns, suggesting that seasonality may be a factor in its market performance.

Kinetik Holdings, Inc. is an integrated midstream energy company in the Oil & Gas Midstream industry. It provides oil and gas production and distribution services through Midstream Logistics and Pipeline Transportation segments, including gathering, transportation, compression, processing, and storage of natural gas, NGLs, and crude oil. Kinetik also offers water gathering and disposal services and sells condensates, natural gas residue, and NGLs.

Kinetik Holdings, Inc. primarily operates in the Permian Basin, focusing on the Texas Delaware Basin. Its operational headquarters are in Midland, Texas, with a significant presence in Houston, Texas. Kinetik also holds equity interests in Permian Basin pipelines that provide access to the U.S. Gulf Coast.

Kinetik Holdings is recognized for its dedication to producing environmentally responsible and financially meaningful results while providing best-in-class services. Analyst commentary has offered mixed perspectives, with some highlighting "Strong Fundamentals" but noting that "High Capex May Be A Drag On Shares This Year," and another describing it as "An Overvalued Rapidly Growing Midstream Idea."

Kinetik Holdings Inc. has 503 institutional owners and shareholders, holding 72,844,112 shares. Major institutional owners include Blackstone Group Inc, BlackRock, Inc., Goldman Sachs Group Inc, Vanguard Group Inc, Morgan Stanley, Neuberger Berman Group LLC, Cushing Asset Management, Lp, Brave Warrior Advisors, LLC, State Street Corp, and Invesco Ltd. BCP unitholders, primarily funds associated with Blackstone and I Squared Capital, became the majority owners after a 2022 merger. Jamie Welch, the President and CEO, holds over 3.6 million shares as of November 2025.