Kinetik KNTK
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Kinetik (KNTK) Business Model and Operations Summary
Kinetik Holdings Inc is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines. The company operates in two reportable segments which include The Midstream Logistics segment operates under three service offerings, 1) gas gathering and processing, 2) crude oil gathering, stabilization, and storage services, and 3) produced water gathering and disposal. The Pipeline Transportation segment consists of three EMI pipelines originating in the Permian Basin with various access points to the U.S. Gulf Coast, Kinetik NGL Pipelines, and Delaware Link Pipeline.
Key Insights
Kinetik (KNTK) Core Market Data and Business Metrics
Latest Closing Price
$53.12Market Cap
$3.19 BillionPrice-Earnings Ratio
17.89Total Outstanding Shares
60.08 Million SharesTotal Employees
460Dividend
$0.78 Per Share QuarterlyIPO Date
February 23, 2022SIC Description
Natural Gas TransmissionPrimary Exchange
New York Stock ExchangeHeadquarters
2700 Post Oak Blvd., Houston, TX, 77056
Historical Stock Splits
If you bought 10 shares of KNTK before July 1, 2020, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| June 9, 2022 | 2-for-1 |
| July 1, 2020 | 1-for-20 (Reverse Split) |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $672.25 Million |
| Net Cash Flow From Operating Activities | $672.25 Million |
| Net Cash Flow | $20.37 Million |
| Net Cash Flow From Financing Activities | $-482.25 Million |
| Net Cash Flow From Investing Activities | $-169.63 Million |
| Net Cash Flow From Investing Activities, Continuing | $-169.63 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Nonoperating Income/Loss | $69.99 Million |
| Income Tax Expense/Benefit, Deferred | $-215.34 Million |
| Income Tax Expense/Benefit | $-213.68 Million |
| Income/Loss From Continuing Operations After Tax | $495.36 Million |
| Benefits Costs and Expenses | $1.16 Billion |
| Costs And Expenses | $1.23 Billion |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss Attributable To Parent | $495.36 Million |
| Comprehensive Income/Loss | $495.36 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Noncurrent Assets | $6.57 Billion |
| Intangible Assets | $878.14 Million |
| Liabilities | $3.80 Billion |
| Current Assets | $285.88 Million |
| Other Non-current Assets | $2.47 Billion |
| Wages | $5.35 Million |
Historical Dividends
Current dividend: $0.78 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 22, 2025 | Feb 12, 2025 | Feb 3, 2025 | $0.78 | Quarterly |
| Oct 17, 2024 | Nov 7, 2024 | Oct 28, 2024 | $0.78 | Quarterly |
| Jul 18, 2024 | Aug 7, 2024 | Jul 29, 2024 | $0.75 | Quarterly |
| Jan 24, 2024 | Mar 7, 2024 | Feb 22, 2024 | $0.75 | Quarterly |
| Nov 1, 2023 | Nov 22, 2023 | Nov 13, 2023 | $0.75 | Quarterly |
| Jul 20, 2023 | Aug 16, 2023 | Aug 4, 2023 | $0.75 | Quarterly |