Latest news with #Kinetik
Business Wire
17-07-2025
- Business
- Business Wire
Kinetik Announces Dual Listing on NYSE Texas
HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (' Kinetik ' or the ' Company ') today announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas. Kinetik will maintain its primary listing on the New York Stock Exchange (the ' NYSE ') and will commence trading on July 18, 2025 under the same ticker symbol, 'KNTK,' on NYSE Texas. 'We are excited to join NYSE Texas as a Founding Member,' said Jamie Welch, Kinetik's President & Chief Executive Officer. 'We are proud of our deep roots in Texas with significant operations spanning the Permian Basin and headquarters in Houston and Midland. We look forward to further strengthening our partnerships with the NYSE and the Lone Star State to support the growing Texas economy and energy sector.' 'We are proud to welcome Kinetik to our community of NYSE Texas Founding Members,' said Chris Taylor, Chief Development Officer, NYSE Group. 'Kinetik's premier service offerings in the Permian Basin will provide a valuable addition to NYSE Texas.' About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website,
Business Wire
15-07-2025
- Business
- Business Wire
Kinetik Announces Quarterly Dividend and Financial Results Timing
HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (' Kinetik ' or the ' Company ') has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis. The announced quarterly dividend will be paid on Friday, August 1, 2025 to shareholders of record as of market close on Friday, July 25, 2025. Kinetik will host its second quarter 2025 results conference call on Thursday, August 7, 2025 at 8:00 am Central Daylight Time (9:00 am Eastern Daylight Time) to discuss second quarter results. The Company will issue its earnings release after market close on Wednesday, August 6, 2025. The text of the earnings release, the accompanying presentation and link to the live webcast will be available on the Company's website at A replay of the conference call will also be available on the website following the call. Kinetik previously implemented a Dividend Reinvestment Plan (the ' DRIP ' or the ' Plan ') open to all shareholders. A complete description of the Plan is included in the Company's Form S-3 registration statement filed with the SEC on July 12, 2024 and is posted on the Company's website at To participate, shareholders of record may register online by visiting the Broadridge website at or by contacting Broadridge Corporate Issuers, LLC, the Plan Administrator, by telephone toll free from inside the United States at 1-(877)-830-4936 or outside of the United States at 1-(720)-378-5591. Shareholders may also contact the Plan Administrator in writing at Broadridge Shareholder Services, Broadridge Corporate Issuer Solutions, LLC, PO Box 1342, Brentwood, NY 11717-0718. Please include a reference to Kinetik Holdings Inc. in all correspondence. Shareholders who own common stock through a broker should consult their broker regarding participation in the Plan. About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Houston and Midland, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website,
Business Insider
09-07-2025
- Business
- Business Insider
Kinetik (KNTK) Gets a Buy from Clear Street
Clear Street analyst initiated coverage with a Buy rating on Kinetik today and set a price target of $60.00. The company's shares closed today at $42.89. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Currently, the analyst consensus on Kinetik is a Moderate Buy with an average price target of $53.78. Based on Kinetik's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $443.26 million and a net profit of $19.26 million. In comparison, last year the company earned a revenue of $341.39 million and had a net profit of $35.41 million Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KNTK in relation to earlier this year.
Yahoo
13-06-2025
- Business
- Yahoo
Kinetik Holdings (KNTK): Among the Energy Stocks that Lost the Most This Week
The share price of Kinetik Holdings Inc. (NYSE:KNTK) fell by 6.09% between June 3 and June 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A technician making adjustments to a natural gas pipeline entering a processing facility. Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services. Kinetik Holdings Inc. (NYSE:KNTK) fell under pressure last week after ISQ Global Fund II GP LLC sold over 4 million shares of the company for $188.2 million. Moreover, Citi analyst Spiro Dounis recently added a 'downside 30-day short-term view' on the shares of Kinetik Holdings Inc. (NYSE:KNTK), while maintaining a Buy rating and a price target of $55. The analyst highlighted two events tied to Kinetik's Durango acquisition that could represent a short-term overhang. These include the expiration of a lock-up period on June 24 and deferred compensation due on July 1, representing 7% of the total shares outstanding of KNTK. The analyst believes that the potential influx of these shares may lead to Kinetik's stock being range-bound in the coming month. While we acknowledge the potential of KNTK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Kinetik Holdings (KNTK): Among the Energy Stocks that Lost the Most This Week
The share price of Kinetik Holdings Inc. (NYSE:KNTK) fell by 6.09% between June 3 and June 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A technician making adjustments to a natural gas pipeline entering a processing facility. Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services. Kinetik Holdings Inc. (NYSE:KNTK) fell under pressure last week after ISQ Global Fund II GP LLC sold over 4 million shares of the company for $188.2 million. Moreover, Citi analyst Spiro Dounis recently added a 'downside 30-day short-term view' on the shares of Kinetik Holdings Inc. (NYSE:KNTK), while maintaining a Buy rating and a price target of $55. The analyst highlighted two events tied to Kinetik's Durango acquisition that could represent a short-term overhang. These include the expiration of a lock-up period on June 24 and deferred compensation due on July 1, representing 7% of the total shares outstanding of KNTK. The analyst believes that the potential influx of these shares may lead to Kinetik's stock being range-bound in the coming month. While we acknowledge the potential of KNTK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
