Kinetik Overview
- Year Founded
-
2012
- Status
-
Public
- Employees
-
330
- Stock Symbol
-
KNTK
- Investments
-
12
- Share Price
-
$54.01
- (As of Monday Closing)
Kinetik General Information
Description
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.
Contact Information
Website
www.kinetik.comCorporate Office
- 303 Veterans Airpark Lane
- Suite 2000
- Midland, TX 79705
- United States
Corporate Office
- 303 Veterans Airpark Lane
- Suite 2000
- Midland, TX 79705
- United States
Kinetik Timeline
Kinetik Stock Performance
As of 17-Mar-2025, Kinetik’s stock price is $54.01. Its current market cap is $3.24B with 60.1M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $54.01 | $52.99 | $36.56 - $67.60 | $3.24B | 60.1M | 833K | $1.03 |
Kinetik Financials Summary
As of 31-Dec-2024, Kinetik has a trailing 12-month revenue of $1.48B.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 11,619,726 | 11,619,726 | 8,771,486 | 7,977,480 |
| Revenue | 1,482,929 | 1,482,929 | 1,256,412 | 1,213,490 |
| EBITDA | 798,460 | 798,460 | 632,186 | 652,876 |
| Net Income | 244,233 | 244,233 | 386,452 | 135,518 |
| Total Assets | 6,814,937 | 6,814,937 | 6,496,873 | 5,919,711 |
| Total Debt | 3,534,387 | 3,534,387 | 3,601,361 | 3,397,343 |
Kinetik Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Kinetik Comparisons
Industry
Financing
Details
Kinetik Competitors (32)
One of Kinetik’s 32 competitors is NGL Energy Partners, a Formerly PE-Backed company based in Tulsa, OK.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| NGL Energy Partners | Formerly PE-Backed | Tulsa, OK | ||||
| Keyera | Corporation | Calgary, Canada | ||||
| EnLink Midstream | Corporate Backed or Acquired | Dallas, TX | ||||
| Third Coast Midstream | Private Equity-Backed | Houston, TX | ||||
| Blue Racer Midstream | Private Equity-Backed | Dallas, TX |
Kinetik Patents
Kinetik Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-0304197-D0 | Pram light | Inactive | 25-Feb-2003 |
Kinetik Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Kinetik Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Kinetik Investments & Acquisitions (12)
Kinetik’s most recent deal was a Corporate Asset Purchase with Permian Resources (Midstream Gathering Systems in Reeves County, Texas) for . The deal was made on 10-Dec-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Permian Resources (Midstream Gathering Systems in Reeves County, Texas) | 10-Dec-2024 | Corporate Asset Purchase | Other Energy | ||
| Epic Crude | 24-Sep-2024 | Corporate Asset Purchase | Other Energy | ||
| Durango Permian | 09-May-2024 | Merger/Acquisition | Other Energy Services | ||
| Altus Midstream | 22-Feb-2022 | Merger/Acquisition | Other Energy Services | ||
| PDC Energy (Gas Midstream Systems in the Permian Basin) | 11-Jun-2019 | Buyout/LBO | Other Energy |
Kinetik ESG
Risk Overview
Risk Rating
Updated October, 25, 2024
33.69 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile
Refiners & Pipelines
Industry
of 192
Rank
Percentile
Oil & Gas Storage and Transportation
Subindustry
of 105
Rank
Percentile
Kinetik Exits (1)
Kinetik’s most recent exit was on 01-Jan-2018 from Gulf Coast Express Pipeline. The exit was categorized as with 4 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Gulf Coast Express Pipeline | 01-Jan-2018 | Completed |
|
Kinetik FAQs
-
When was Kinetik founded?
Kinetik was founded in 2012.
-
Where is Kinetik headquartered?
Kinetik is headquartered in Midland, TX.
-
What is the size of Kinetik?
Kinetik has 330 total employees.
-
What industry is Kinetik in?
Kinetik’s primary industry is Energy Production.
-
Is Kinetik a private or public company?
Kinetik is a Public company.
-
What is Kinetik’s stock symbol?
The ticker symbol for Kinetik is KNTK.
-
What is the current stock price of Kinetik?
As of 17-Mar-2025 the stock price of Kinetik is $54.01.
-
What is the current market cap of Kinetik?
The current market capitalization of Kinetik is $3.24B.
-
What is Kinetik’s current revenue?
The trailing twelve month revenue for Kinetik is $1.48B.
-
Who are Kinetik’s competitors?
NGL Energy Partners, Keyera, EnLink Midstream, Third Coast Midstream, and Blue Racer Midstream are some of the 32 competitors of Kinetik.
-
What is Kinetik’s annual earnings per share (EPS)?
Kinetik’s EPS for 12 months was $1.03.
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