Kinetik Holdings Inc. (KNTK) Stock
Kinetik Holdings Inc. functions as a midstream energy enterprise, primarily operating within the Texas Delaware Basin.
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About Kinetik Holdings Inc.
Kinetik Holdings Inc. functions as a midstream energy enterprise, primarily operating within the Texas Delaware Basin. It delivers a comprehensive array of services, including the collection, conveyance, pressurization, refining, and conditioning of natural gas, liquid hydrocarbons, crude oil, and produced water, catering to exploration and production companies. The firm's corporate headquarters are situated in Midland, Texas.
Kinetik Holdings Inc. (KNTK) stock trades at $48.72 with a market capitalization of $3.59B. The stock is valued at a price-to-earnings (P/E) ratio of 20.42, price-to-book of -1.99, price-to-sales of 2.14. Over the past 52 weeks the stock has ranged between $31.33 and $52.54, and currently trades 7.3% below its 52-week high. It pays a dividend yielding 6.42%.
On profitability, Kinetik Holdings Inc. generates a return on equity (ROE) of -35.98%, return on capital employed of 2.16%, an operating margin of 9.35%, a net profit margin of 28.97%.
Official website: www.kinetik.com