Kinetik Holdings Inc. financial data

Symbol
KNTK on NYSE
Industry
Natural Gas Transmission
Location
2700 Post Oak Blvd., Suite 300, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Altus Midstream Co (to 2/22/2022), Kayne Anderson Acquisition Corp (to 11/13/2018)
Latest financial report
Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 85.8 % -22.4%
Quick Ratio 2.5 % -15.6%
Debt-to-equity -344 % +27.6%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 66.2M shares
Entity Public Float 639M USD +13.1%
Weighted Average Number of Shares Outstanding, Basic 59.8M shares +12.1%
Weighted Average Number of Shares Outstanding, Diluted 60.4M shares +13%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.45B USD +20.2%
General and Administrative Expense 120M USD +25.6%
Costs and Expenses 1.23B USD +17%
Operating Income (Loss) 212M USD +42.9%
Nonoperating Income (Expense) 70M USD +221%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 282M USD +65.7%
Income Tax Expense (Benefit) -214M USD -8996%
Net Income (Loss) Attributable to Parent 266M USD +23.4%
Earnings Per Share, Basic 5.7 USD/shares +587%
Earnings Per Share, Diluted 2.97 USD/shares +258%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 20.4M USD +29956%
Accounts Receivable, after Allowance for Credit Loss, Current 65.6M USD -71.5%
Inventory, Net 3.1M USD -35.4%
Assets, Current 286M USD -0.9%
Deferred Income Tax Assets, Net 204M USD
Property, Plant and Equipment, Net 3.23B USD +18.6%
Operating Lease, Right-of-Use Asset 38.1M USD -20.8%
Intangible Assets, Net (Excluding Goodwill) 878M USD +41.5%
Goodwill 5.08M USD 0%
Assets 6.86B USD +9.14%
Accounts Payable, Current 17.2M USD -2.63%
Employee-related Liabilities, Current 5.35M USD +40.5%
Accrued Liabilities, Current 192M USD +1.98%
Contract with Customer, Liability, Current 6.2M USD +6.68%
Liabilities, Current 399M USD +58.8%
Long-term Debt and Lease Obligation 3.28B USD -9.07%
Contract with Customer, Liability, Noncurrent 21.9M USD -14.3%
Deferred Income Tax Liabilities, Net 16M USD +26.2%
Operating Lease, Liability, Noncurrent 13.1M USD -15.9%
Other Liabilities, Noncurrent 67.5M USD +1963%
Liabilities 3.8B USD -3%
Retained Earnings (Accumulated Deficit) -1.72B USD -85.1%
Stockholders' Equity Attributable to Parent -1.72B USD -105%
Liabilities and Equity 6.86B USD +9.14%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 154M USD +28.5%
Net Cash Provided by (Used in) Financing Activities -86.5M USD -171%
Net Cash Provided by (Used in) Investing Activities -62M USD +74.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 5.25M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 20.4M USD +29956%
Interest Paid, Excluding Capitalized Interest, Operating Activities 57.1M USD +55.4%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 236M USD
Operating Lease, Liability 38.6M USD +33.7%
Depreciation 177M USD +15.1%
Payments to Acquire Property, Plant, and Equipment 58M USD -1.51%
Lessee, Operating Lease, Liability, to be Paid 40.9M USD +33.3%
Operating Lease, Liability, Current 25.5M USD -23.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.11M USD +106%
Lessee, Operating Lease, Liability, to be Paid, Year One 30.9M USD +31.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +30.2%
Deferred Income Tax Expense (Benefit) 3.66M USD +908%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.3M USD +26.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 785K USD -26.6%
Deferred Tax Assets, Operating Loss Carryforwards 88.8M USD +44.2%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 0 USD -100%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 707K USD -4.46%
Operating Lease, Payments 45.4M USD +21.2%
Additional Paid in Capital 0 USD -100%
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 132M USD +7.7%
Depreciation, Depletion and Amortization 309M USD +11.9%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Deferred State and Local Income Tax Expense (Benefit) 676K USD