KNTK Kinetik Holdings Inc

Wells Fargo analyst Michael Blum maintained a Hold rating on Kinetik (KNTK) with a price target of $40.00. This is despite the analyst consensus being a Strong Buy with an average price target of $47.08. Kinetik recently reported quarterly revenue of $463.97 million and a net profit of $15.55 million.

Kinetik Holdings (KNTK) has seen increased institutional confidence with Brave Warrior Advisors acquiring a significant stake and Jefferies initiating positive coverage due to infrastructure milestones like Kings Landing. Additionally, Kinetik's monetization of its EPIC Crude stake for over $500 million to reduce debt further strengthens its balance sheet. While these developments enhance the investment narrative, investors still need to consider risks such as uneven producer activity and the crucial ramp-up of Kings Landing to full capacity.

Kinetik Holdings Inc's (NYSE: KNTK) short interest as a percent of float has decreased by 7.84% since its last report, now standing at 6.28 million shares sold short, which represents 13.4% of available shares. This decline in short interest can signal a more bullish market sentiment towards the stock. Although the stock still has higher short interest compared to its peers (4.15%), the reduction suggests that fewer shares are being shorted.

Kinetik Holdings (KNTK) is under scrutiny after cutting its 2025 EBITDA guidance due to operational issues and delays at the Kings Landing project, impacting its stock performance. Despite a recent bounce, the stock's long-term momentum has faded, raising questions about whether its current trading price presents a value entry point or reflects justified market discounting of future growth. While a popular narrative suggests a significant undervaluation due to growth projects, the company's high P/E ratio compared to peers indicates potential risk from multiple compression.

Kinetik Holdings (KNTK) saw its stock rise by 5.9% despite cutting its 2025 EBITDA guidance and delaying the Kings Landing project. This setback highlights execution risk in Permian Basin gas infrastructure, impacting Kinetik's earnings outlook and operating profile. The delay makes the company's financial flexibility tighter, especially considering high capital intensity and existing leverage.

Kinetik Holdings (KNTK) reported Q3 2025 earnings showing increased revenue but sharply lower net income. The company's King's Landing project is now fully online, boosting its market share in Permian gas processing, which is crucial for future growth but also increases its exposure to regional drilling activity. Despite short-term profit pressures from growth costs and inflation, analysts predict significant revenue and earnings growth by 2028, with a fair value estimate suggesting a 43% upside.