KNTK News and Press, Kinetik Holdings Inc. From 10/26/22

Summary Shares of Permian midstream play Kinetik Holdings Inc. (KNTK) yield 8.7%, but with most shareholders opting into its dividend reinvestment program, dilution is increasing. The de facto PIPE arrangement will allow the company to more easily deleverage from 4.3 (currently) t...

HOUSTON and MIDLAND, Texas, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ: KNTK) (“ Kinetik ” or the “ Company ”) today declared a cash dividend of $0.75 per share ($3.00 on an annualized basis) for the third quarter ended September 30, ...

Summary This week saw energy equities trounce other stock sectors, with midstream gaining 3.9%. OPEC’s production cut bolstered investor confidence that bullish oil fundamentals would be supported. The macro outlook continues to be supportive for midstream cash flow gro...

HOUSTON and MIDLAND, Texas, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ: KNTK) (“ Kinetik ” or the “ Company ”) today announced the transfer of its Class A Common Stock to the New York Stock Exchange (“ NYSE ”) from t...

Summary Kinetik Holdings offers a high dividend yield but carries risks of dilution posed by their dividend reinvestment program, as my previous article warned. When looking at their subsequently released financial results, their better-than-expected cash flow performance raises h...

Summary Midstream outperformed the S&P 500 and other energy sub-sectors. The sector is the obvious alternative for investors seeking income and inflation protection. We see continued outperformance for midstream amid a high inflation and bullish energy backdrop. ...

Summary Midstream outperformed other energy subsectors and the S&P 500. MLP equities were supported by the latest sponsor buy-in. MLPs continue to trade at a discount to their C-corp peers despite the week’s gains. Midstream Sector Performance Mids...

Kinetik Holdings Inc. (KNTK) Q2 2022 Earnings Conference Call August 10, 2022 09:00 AM ET Company Participants Maddie Wagner - IR Jamie Welch - President and CEO Matt Wall - COO Anne Psencik - Chief Strategy Officer Steve Stellato - CAO Todd Carpenter...

Kinetik press release ( NASDAQ: KNTK ): Q2 GAAP EPS of $0.06. Revenue of $355.57M (+161.9% Y/Y) beats by $156.71M . For further details see: Kinetik GAAP EPS of $0.06, revenue of $355.57M beats by $156.71M

Revised upwards 2022 Guidance for Pro Forma Adjusted EBITDA 1,2,3 to $820 million to $840 million, representing a 5% increase over the prior guidance midpoint Completed $3.0 billion comprehensive, sustainability-linked refinancing, that retired all pre-existing deb...