Kinetik (NYSE:KNTK) Posts Quarterly Earnings Results, Beats Estimates By $0.45 EPS

Posted by Brian Himes on Aug 5th, 2026

Kinetik (NYSE:KNTK – Get Free Report) released its earnings results on Wednesday. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.45, Zacks reports. Kinetik had a net margin of 28.58% and a negative return on equity of 36.36%. During the same period in the prior year, the company posted $0.33 EPS. Kinetik’s revenue was up 36.3% compared to the same quarter last year.

Kinetik Stock Down 0.9%

Shares of Kinetik stock traded down $0.42 during midday trading on Wednesday, hitting $48.26. The company’s stock had a trading volume of 969,946 shares, compared to its average volume of 869,552. Kinetik has a 1-year low of $31.33 and a 1-year high of $52.54. The firm has a market capitalization of $7.84 billion, a P/E ratio of 19.70, a PEG ratio of 1.92 and a beta of 0.56. The stock has a 50-day simple moving average of $48.18 and a 200-day simple moving average of $46.49.

Hedge Funds Weigh In On Kinetik

A number of large investors have recently made changes to their positions in KNTK. Invesco Ltd. lifted its position in Kinetik by 22.4% in the 4th quarter. Invesco Ltd. now owns 1,775,216 shares of the company’s stock worth $63,997,000 after buying an additional 325,251 shares in the last quarter. Vident Advisory LLC boosted its position in Kinetik by 0.8% during the fourth quarter. Vident Advisory LLC now owns 61,246 shares of the company’s stock valued at $2,208,000 after purchasing an additional 500 shares during the last quarter. Yaupon Capital Management LP purchased a new position in Kinetik in the fourth quarter valued at about $5,698,000. Zimmer Partners LP acquired a new position in Kinetik in the 4th quarter worth about $98,611,000. Finally, Virtus Investment Advisers LLC purchased a new stake in shares of Kinetik during the 4th quarter worth about $170,000. Institutional investors and hedge funds own 21.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KNTK. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $56.00 price target on shares of Kinetik in a report on Tuesday, July 21st. Mizuho boosted their target price on Kinetik from $48.00 to $51.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Jefferies Financial Group reaffirmed a “hold” rating and set a $51.00 target price on shares of Kinetik in a report on Friday, May 8th. US Capital Advisors upgraded Kinetik from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, May 29th. Finally, Zacks Research raised Kinetik from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.40.

Read Our Latest Stock Analysis on KNTK

About Kinetik

(Get Free Report)

Kinetik (NYSE: KNTK) is a publicly listed midstream energy company focused on the development, operation and management of natural gas infrastructure across the United States. The company’s core business activities include the gathering, compression, processing, storage and transportation of natural gas, serving producers, utilities and industrial consumers. By integrating a suite of midstream services under a single platform, Kinetik aims to provide efficient, cost-effective and reliable solutions across the natural gas value chain.

The company was established in 2021 when assets were acquired from Talen Energy by a subsidiary of ArcLight Capital Partners, forming a comprehensive portfolio of pipelines, compression facilities and underground storage assets.