Kinetik Announces the Sale of Its Equity Interest in EPIC Crude Holdings, LP
KNTK(NYSE:KNTK) HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced it has entered into a definitive agreement to divest and directly transfer its 27.5% equity interest in EPIC Crude Holdings, LP (“EPIC Crude”), an affiliate of EPIC Midstream Holdings LP, to a wholly owned subsidiary of Plains All American Pipeline, L.P. and Plains GP Holdings (collectively “Plains”) for approximately $500 million in net upfront cash and an additional $96 m
Kinetik Reports Second Quarter 2025 Financial and Operating Results and Updates Full Year 2025 Guidance
KNTKHOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended June 30, 2025. Second Quarter 2025 Results and Commentary For the three and six months ended June 30, 2025, Kinetik reported net income including noncontrolling interest of $74.4 million and $93.7 million, respectively. Kinetik generated Adjusted EBITDA1 of $242.9 million and $493.0 million, Distributable Cash Flow1 of $153.3 million a
Scotiabank Maintains Sector Outperform on Kinetik Holdings, Raises Price Target to $57
KNTKRBC Capital Maintains Outperform on Kinetik Holdings, Lowers Price Target to $55
KNTKMizuho Maintains Outperform on Kinetik Holdings, Lowers Price Target to $61
KNTKBarclays Maintains Equal-Weight on Kinetik Holdings, Lowers Price Target to $48
KNTKCitigroup Upgrades Kinetik Holdings to Buy, Lowers Price Target to $55
KNTKScotiabank Maintains Sector Outperform on Kinetik Holdings, Lowers Price Target to $54
KNTKKinetik Affirms 2025 Adj. EBITDA Guidance Range $1.09B-$1.15B
KNTKKinetik's Board Of Directors Authorized An Increase To Its Existing Share Repurchase Program To $500M
KNTKKinetik Holdings Q1 GAAP EPS $0.05 vs $0.32 Estimate, Sales $443.26M Beat $438.77M Estimate
KNTKUBS Initiates Coverage On Kinetik Holdings with Neutral Rating, Announces Price Target of $49
KNTKBarclays Maintains Equal-Weight on Kinetik Holdings, Raises Price Target to $58
KNTKKinetik Reveals $250M Private Placement Of Additional 6.625% Sustainability-Linked Senior Notes Due 2028
KNTKRBC Capital Maintains Outperform on Kinetik Holdings, Lowers Price Target to $63
KNTKScotiabank Maintains Sector Outperform on Kinetik Holdings, Lowers Price Target to $60
KNTKBarclays Maintains Equal-Weight on Kinetik Holdings, Lowers Price Target to $57
KNTKWells Fargo Maintains Equal-Weight on Kinetik Holdings, Lowers Price Target to $58
KNTKKinetik Sees FY25 Adjusted EBITDA $1.09B-$1.15B.
KNTKKinetik Holdings FY 2024 GAAP EPS $1.02 Misses $1.44 Estimate, Sales $1.482B Beat $1.377B Estimate
KNTKJP Morgan Maintains Overweight on Kinetik Holdings, Raises Price Target to $65
KNTKBarclays Maintains Equal-Weight on Kinetik Holdings, Raises Price Target to $61
KNTKScotiabank Reinstates Sector Outperform on Kinetik Holdings, Announces $64 Price Target
KNTKGoldman Sachs Maintains Buy on Kinetik Holdings, Raises Price Target to $61
KNTKKinetik Holdings Q3 2024 GAAP EPS $0.35 Misses $0.44 Estimate, Sales $396.362M Beat $331.207M Estimate
KNTKKinetik Holdings's Earnings: A Preview
KNTKKinetik Holdings's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
KNTKTuesday marks the last chance for investors to receive the next dividend payout from Kinetik Holdings (NASDAQ:KNTK).
Why BofA Initiates Kinetic Holdings With Buy Rating
KNTKKinetik Holdings Inc (NASDAQ: KNTK) is strong growth and free cash flow story, given its ownership in the Permian natural gas takeaway and latent processing capacity, according to BofA Securities.
B of A Securities Initiates Coverage On Kinetik Holdings with Buy Rating, Announces Price Target of $80
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