OakChart

Kinetik Holdings Inc

KNTKEnergy·Oil & Gas Midstream·USA·Mid·NYSE·Nov 11 • 3:59 PM ET

53.71+1.63 (3.13%)
2026-11-12 06:34 CET
Market cap
4,320.56 USD m
Revenue, TTM
1,957.81 USD m
Net income, TTM
204.73 USD m
Free cash flow, TTM
236.27 USD m
EPS diluted, TTM
2.99
P/E
17.95
Compare

Price

KNTK against its 20, 50 and 200-day averages
2050200beatmiss
45.0050.0055.002.0M3.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26KNTKclose 53.7120-day 54.0050-day 53.67200-day 49.2653.7152w high

8.8% under the 52-week high of 58.90 on 30 Oct 2026. 52-week low 31.33 on 21 Nov 2025. Last 15 sessions, 22.9% high to low

Volume 1.00× normal · the line is the 50-bar volume average

Profile

KNTK
52-week range, 81% of the way up
31.3358.90

Kinetik Holdings, Inc. provides midstream energy services for natural gas, natural gas liquids (NGLs), crude oil, and produced water in the Permian Basin. It operates through the Midstream Logistics and Pipeline Transportation segments. The Midstream Logistics segment is involved in the following service offerings: gas gathering, transportation, compression, treating and processing, crude oil gathering, stabilization and storage services, and water gathering and disposal. The Pipeline Transportation segment focuses on its equity investment interests in the Permian Highway Pipeline (PHP) and Shin Oak Pipeline, as well as the Kinetik NGL Pipeline System, including the Brandywine Pipeline, and the Delaware Link Pipeline. The company was founded in 2012 and is headquartered in Houston, TX.

IndexRUT
Employees500
IPOMay 02, 2017
Beta0.69
ATR, 14d2.15
Rel volume1.00
Short float10.57%
Insider own21.85%
Inst own75.86%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap8.83B
Enterprise Value17.00B
Income204.73M
Sales1.96B
Book/sh-16.84
Cash/sh0.04
Dividend Est.3.25 (6.05%)
Dividend TTM3.24 (6.03%)
Dividend Ex-DateOct 23, 2026
Dividend Gr. 3/5Y11.51% -
Payout118.47%
Employees500
IPOMay 02, 2017

Ratios

P/E17.95
Forward P/E28.69
PEG-
P/S4.51
P/B-
P/C1257.84
P/FCF37.37
EV/EBITDA26.70
EV/Sales8.68
Quick Ratio0.64
Current Ratio0.64
Debt/Eq-
LT Debt/Eq-
Option/ShortYes / Yes

Earnings

EPS (ttm)2.99
EPS next Y1.87
EPS next Q0.44
EPS this Y-47.79%
EPS next Y36.36%
EPS next 5Y-2.36%
EPS past 3/5Y21.25% 71.44%
Sales past 3/5Y12.72% 63.58%
EPS Y/Y TTM637.84%
Sales Y/Y TTM13.85%
EPS Q/Q773.58%
Sales Q/Q28.62%
EarningsNov 04 AMC
EPS/Sales Surpr.-35.28% 4.70%

Ownership

Insider Own21.85%
Insider Trans-10.09%
Inst Own75.86%
Inst Trans1.05%
ROA2.94%
ROE-
ROIC9.02%
Gross Margin17.36%
Oper. Margin11.60%
Profit Margin10.46%
SMA20-0.53%
SMA500.08%
SMA2009.04%
Trades-

Technical

Shs Outstand80.46M
Shs Float64.45M
Short Float10.57%
Short Ratio5.70
Short Interest6.81M
52W High58.90 -8.81%
52W Low31.33 71.43%
Volatility5.05% 3.94%
ATR (14)2.15
RSI (14)51.05
Beta0.69
Rel Volume1.00
Avg Volume1.20M
Volume1,195,258

Performance

Perf Week4.96%
Perf Month-3.31%
Perf Quarter3.97%
Perf Half Y7.96%
Perf YTD48.99%
Perf Year53.37%
Perf 3Y55.46%
Perf 5Y64.88%
Perf 10Y-
Recom1.75
Target Price59.00
Prev Close52.08
Price53.71
Change %3.13%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 29, 2026ResumedMMorgan StanleyOverweight$64+19.2%
Jul 20, 2026InitiatedTTudor, Pickering, Holt & Co.Buy$57+6.1%
Mar 25, 2026UpgradeWWells FargoEqual Weight → Overweight$52-3.2%
Mar 24, 2026InitiatedTTruistBuy$53-1.3%
Feb 06, 2026DowngradeJJefferiesBuy → Hold$43-19.9%
Jan 27, 2026DowngradeWWolfe ResearchOutperform → Peer Perform
Jan 05, 2026UpgradeRRaymond JamesMkt Perform → Outperform$46-14.4%
Dec 02, 2025InitiatedJJefferiesBuy$41-23.7%
Oct 22, 2025UpgradeWWolfe ResearchPeer Perform → Outperform$45-16.2%
May 20, 2025UpgradeCCitigroupNeutral → Buy$55+2.4%

Peers

Mkt cap
TickerCompanyMkt cap
TRGPTarga Resources Corp62.60B
WESWestern Midstream Partners LP17.07B
OKEOneok Inc55.59B
ETEnergy Transfer LP66.99B
MPLXMPLX LP57.51B
EPDEnterprise Products Partners L P80.14B
PAAPlains All American Pipeline LP17.09B
DTMDT Midstream Inc12.14B
HESMHess Midstream LP6.38B
AMAntero Midstream Corp9.46B

Insider trading

latest 14 of 99
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
ISQ Global Fund II GP LLC10% OwnerOct 30 '26Sale56.6920,7311,175,313979,270Nov 03 05:07 PM
ISQ Global Fund II GP LLC10% OwnerNov 03 '26Sale55.0714,889819,875961,114Nov 03 05:07 PM
ISQ Global Fund II GP LLC10% OwnerNov 02 '26Sale55.133,267180,120976,003Nov 03 05:07 PM
ISQ Global Fund II GP LLC10% OwnerNov 03 '26Proposed Sale54.2414,889807,579Nov 03 05:07 PM
ISQ Global Fund II GP LLC10% OwnerNov 02 '26Proposed Sale53.543,267174,915Nov 02 04:43 PM
ISQ Global Fund II GP LLC10% OwnerOct 30 '26Proposed Sale56.6020,7311,173,375Oct 30 05:11 PM
ISQ Global Fund II GP LLC10% OwnerOct 13 '26Sale54.772,000,000109,540,0001Oct 15 04:52 PM
ISQ Global Fund II GP LLC10% OwnerOct 13 '26Proposed Sale55.552,000,000111,100,000Oct 13 09:31 PM
ISQ Global Fund II GP LLC10% OwnerOct 08 '26Sale54.29119,2036,472,05596,817Oct 13 05:18 PM
ISQ Global Fund II GP LLC10% OwnerOct 09 '26Sale54.2158,4393,168,00638,378Oct 13 05:18 PM
ISQ Global Fund II GP LLC10% OwnerOct 12 '26Sale54.1938,3772,079,4621Oct 13 05:18 PM
ISQ Global Fund II GP LLC10% OwnerOct 12 '26Proposed Sale54.5338,3772,092,698Oct 13 06:10 AM
ISQ Global Fund II GP LLC10% OwnerOct 09 '26Proposed Sale53.4658,4393,124,149Oct 09 04:36 PM
ISQ Global Fund II GP LLC10% OwnerOct 08 '26Proposed Sale54.41119,2036,485,835Oct 08 06:11 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.27B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
MLPXGlobal X MLP & Energy Infrastructure ETFAUM: 3.53B
VXFVanguard Extended Market Index ETFAUM: 30.47B
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.06B
MLPINEOS MLP & Energy Infrastructure High Income ETFAUM: 905.93M
IWNiShares Russell 2000 Value ETFAUM: 14.10B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-040.2600.4020.265569.4543.8213
2026Q22026-08-050.6400.2580.641581.44445.7513
2026Q12026-05-06-0.0700.220-0.074409.98437.1811
2025Q42026-02-252.1600.2732.164430.42433.3112
2025Q32025-11-050.0300.2970.030463.97434.2812
2025Q22025-08-060.3300.2240.325426.74444.5911
2025Q12025-05-070.0500.3140.045443.26438.779
2024Q42025-02-260.0100.3760.005385.72390.38
2024Q32024-11-060.3500.4460.348396.36331.218
2024Q22024-08-070.5400.4150.541359.46305.948
2024Q12024-05-080.1200.4310.123341.39277.5210
2023Q42024-02-281.7000.4711.698348.87328.069
2023Q32023-11-080.2100.4750.209330.3321.2510
2023Q22023-08-070.4100.4930.407296.2286.88
2023Q12023-05-03-0.0600.489-0.057281.04230.837
2022Q42023-02-270.2500.4900.807295.49267.976

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-11.269-0.003-49.336135.8129.85
2020FY1.2860.5080.178148.41144.56
2021FY0.0562.7660.000160.62-
2022FY1.4801.3551.4771,2131,180
2023FY2.3801.2671.8611,2561,187
2024FY1.0201.5261.0181,4831,524
2025FY2.6301.1112.2531,7641,668
2026FY-1.373--2,123
2027FY-1.872--2,429
2028FY-2.448--2,625
2029FY-3.154--3,104
2030FY-3.430--3,470

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-06732588.45444737
2026Q4S2026-11-05741594.46444737
2026Q4S2026-11-04740591.72444737
2026Q4S2026-10-28740591.72444737
2026Q4S2026-10-20750591.72444737
2026Q4S2026-10-19760591.72444737
2026Q4S2026-10-14760590.06444737
2026Q4S2026-10-13760583.26445737
2026Q4S2026-10-09760575.99445737
2026Q4S2026-08-14760544.32445667.09
2026Q4S2026-08-13751532.63445667.09
2026Q4S2026-08-12741527.27445667.09
2026Q4S2026-08-11741524.41445667.09
2026Q4S2026-08-07741524.84448667.09

Estimate history

EPS, annual-2.984-0.254-49.3360.17801.4771.8611.0182.6342.9927
Period201720182019202020212022202320242025TTM
EPS, quarterly0.3480.0050.0450.3250.032.164-0.0740.6410.261
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual15.14276.75135.798148.409662.0441213.491253.1121534.5311738.161957.81
Period201720182019202020212022202320242025TTM
Sales, quarterly393.125399.249470.132390.879459.388417.761362.505586.67590.869
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual0.3977.4937.4937.493-45.67957.09759.9364.08180.459
Period201720182019202020212022202320242025MRQ
Shares, quarterly59.75159.9360.92263.54564.10664.08168.80278.93880.459
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,957.811,738.161,534.531,253.111,213.49662.04148.41135.8076.75
Cost of Goods Sold Incl. D&A1,617.991,463.661,165.30979.85956.12579.5856.9397.3473.99
Gross Profit339.82274.50369.23273.26257.3782.4691.4838.462.76
Selling, General and Administrative Excl. Other112.74115.38124.2396.2475.6522.8613.1510.307.37
Other Operating Expense0.000.000.000.000.000.0015.0713.237.63
Operating Income227.08159.12245.00177.02181.7259.6063.2614.93-12.24
Interest Expense232.60235.16243.87210.45149.25117.362.191.790.11
Unusual Expense1.06-2.6728.36-30.16-52.135.7336.521,309.190.00
Net Income Before Taxes644.51576.66267.27153.54253.343.3580.99-1,274.00-10.74
Income Taxes58.9050.7323.04-232.912.621.86-0.7064.90-10.50
Consolidated Net Income585.61525.93244.23386.45250.721.4881.68-1,338.90-0.24
Net Income From Continuing Operations213.18178.2680.01289.4473.640.002.79-369.67-4.39
Net Income204.73165.0461.19272.0461.100.002.79-369.67-4.39
EPS (Recurring)2.542.601.351.720.60-0.250.9672.97-0.25
EPS (Basic, Before Extraordinaries)3.022.661.035.251.480.000.37-49.34-0.25
EPS (Diluted)2.992.631.021.861.480.000.18-49.34-0.25
EBITDA636.85541.77569.19458.01442.06303.1679.2056.417.83
Non-Operating Income (Expense)651.09650.02294.50156.82168.7366.8356.4422.051.61
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense45.1249.4760.4644.2333.800.00---
Price To Earnings Ratio17.9517.9520.9324.46-----
Price To Sales Ratio2.081.302.223.901.136.205.201.5817.44
Gross Margin17.3615.7924.0621.8121.2112.4661.6428.323.60
Operating Margin11.609.1515.9714.1314.979.0042.6210.99-15.95
Net Margin10.469.493.9921.715.040.001.88-272.22-5.72
Shares Outstanding80.4664.0859.9357.1045.68-7.497.497.49
Market Capitalization4,320.564,320.563,388.671,907.021,425.16229.70177.81214.30579.20

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue590.87586.67362.50417.76459.39390.88470.13399.25
Cost of Goods Sold Incl. D&A483.29421.24369.63343.82414.04325.06386.43323.99
Gross Profit107.58165.43-7.1373.9445.3565.8183.7075.26
Selling, General and Administrative Excl. Other22.3820.8932.5936.8822.6321.8134.0538.02
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income85.20144.55-39.7237.0522.7244.0049.6537.25
Interest Expense58.2057.1957.4559.7762.4457.2555.7055.29
Unusual Expense24.45-19.584.24-8.058.44-34.4725.718.87
Net Income Before Taxes56.45137.54-5.90456.4316.6681.7421.8318.00
Income Taxes5.5314.42-0.7839.731.117.332.571.77
Consolidated Net Income50.92123.11-5.12416.7015.5574.4219.2616.22
Net Income From Continuing Operations22.0949.54-1.67143.225.2623.646.135.51
Net Income21.1648.59-4.85139.831.8720.242.770.32
EPS (Recurring)0.470.46-0.032.080.12-0.060.340.11
EPS (Basic, Before Extraordinaries)0.260.65-0.072.180.030.330.050.01
EPS (Diluted)0.260.64-0.072.160.030.330.050.01
EBITDA189.00247.8862.12137.85118.13137.77142.32125.19
Non-Operating Income (Expense)53.9030.6095.50471.0964.8360.5253.5944.91
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense7.387.1616.3214.2511.247.6616.3218.70
Price To Earnings Ratio17.9519.7718.8888.8659.0746.9251.1320.93
Price To Sales Ratio2.082.011.961.341.551.661.922.24
Gross Margin18.2128.20-1.9717.709.8716.8417.8018.85
Operating Margin14.4224.64-10.968.874.9511.2610.569.33
Net Margin3.588.28-1.3433.470.415.180.590.08
Shares Outstanding80.4678.9468.8064.0864.1163.5560.9259.93
Market Capitalization4,320.563,557.943,126.842,308.192,627.422,683.643,120.463,388.67

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments3.953.6112.3213.3618.7324.195.98449.940.00
Short Term Receivables250.48252.14215.72204.04178.1112.8620.6610.915.42
Inventories4.603.603.104.802.103.604.035.800.74
Other Current Assets43.0135.4126.1619.6718.582.131.071.380.00
Total Current Assets302.04294.76257.30241.87217.5242.7731.74468.036.17
Net Property, Plant & Equipment3,937.383,463.682,780.802,563.761,900.84195.84205.801,226.90699.59
Total Investments and Advances2,010.192,117.942,541.152,381.34626.481,555.181,258.0591.100.00
Intangible Assets558.31657.57596.75700.47786.05---0.00
Deferred Tax Assets373.11391.23458.01208.710.00-1.0567.560.00
Other Assets89.9976.9985.2532.2722.325.845.273.730.00
Total Assets7,271.017,002.176,719.266,128.423,553.211,799.631,501.901,857.32705.75
Short Term Debt Incl. Current Port. of LT Debt208.81158.9029.2022.8186.060.0012.360.000.00
Accounts Payable42.0727.2434.0017.9012.220.000.000.000.00
Income Tax Payable--------0.30
Other Current Liabilities189.62232.41186.94187.12142.6529.9821.3398.52124.47
Total Current Liabilities440.50418.55250.14227.83240.9329.9833.6998.52124.47
Long Term Debt3,656.753,375.493,572.163,374.532,283.31624.00397.030.000.00
Provision for Risks Charges0.000.000.000.000.0064.0660.0929.3718.19
Deferred Tax Liabilities197.70204.00235.63219.737.19-1.052.647.04
Other Liabilities45.6825.0734.3433.7014.93145.43106.510.000.00
Total Liabilities4,340.634,023.114,092.273,855.792,546.36863.48598.38130.53149.70
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity-565.38-2,976.60-530.82-839.770.01-247.35-353.07-213.71556.05
Total Shareholders Equity-565.38-2,976.60-530.82-839.770.01-247.35-353.07-213.71556.05
Accumulated Minority Interest3,495.765,955.663,157.813,112.411,006.841,183.511,256.601,940.500.00
Total Equity2,930.382,979.072,626.982,272.631,006.85936.15903.521,726.79556.05
Total Liabilities & Stockholders Equity7,271.017,002.176,719.266,128.423,553.211,799.631,501.901,857.32705.75
Book Value Per Share-8.82-49.67-9.30-18.38-77.04-33.01-47.12-28.521,402.40
Tangible Book Value Per Share-17.54-60.64-19.75-33.72-77.04-33.01-47.12-28.521,402.40
Full-Time Employees500460330300-----
Price to Book Ratio-3.19-1.97-2.17-1.71-0.40-0.72-0.61-2.7121.69
Return on Assets2.501.174.511.880.000.17-22.01-0.34-5.26
Return on Equity--------2.56-6.68
Return on Invested Capital5.7720.069.522.910.000.74-841.04--3.34
Quick Ratio0.680.701.021.040.891.310.824.690.04
Current Ratio0.690.701.031.060.901.430.944.750.05

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income585.61525.93244.23386.45250.720.0081.68-1,338.90-0.24
Depreciation409.77382.64324.20280.99260.35243.5615.9541.4820.07
Other Funds (Non Cash)-301.12-337.4892.81154.5075.1613.2079.321,316.34-8.02
Funds from Operations753.59621.76680.75588.54588.32260.10176.9583.842.35
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-29.11-17.64-43.40-4.0624.68-24.544.77-7.57-5.47
Cash from Operating Activities724.48604.12637.35584.48613.01235.57181.7176.27-3.12
Capital Expenditures-488.21-529.67-275.87-329.55-221.58-82.71-29.98-342.65-84.00
Net Assets From Acquisitions0.00-175.48-426.60-125.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.220.230.410.3613.623.6110.24624.560.00
Purchase or Sale of Investments503.75505.83525.18-232.12-78.17-20.520.00-670.62-91.10
Purchase of Investments-0.43-1.21-3.27-238.80-78.17-20.520.00-670.62-91.10
Sale Or Maturity of Investments504.18507.04528.456.680.000.000.000.000.00
Other Uses0.000.000.000.000.000.00-336.04-503.720.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities15.76-199.09-176.89-686.32-286.13-99.62-355.78-892.44-175.10
Cash Dividends Paid-521.18-500.05-395.98-82.05-694.07-51.19-23.120.000.00
Change in Capital Stock-3.45-176.000.00-5.760.0014.890.000.00628.15
Repurchase of Common Pref Stock-3.45-176.000.00-5.760.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.0014.890.000.00628.15
Proceedsfrom Stock Options0.000.000.000.000.0014.890.000.00628.15
Issuance or Reduction of Debt, Net-211.82275.88-65.39187.76354.86-100.51215.40372.210.00
Change in Long Term Debt-211.82275.88-65.39187.76354.86-100.51215.40372.210.00
Issuance of Long Term Debt710.683,128.281,214.411,541.263,527.9965.54227.18395.210.00
Reduction of Long Term Debt-922.50-2,852.40-1,279.80-1,353.50-3,173.13-166.05-11.79-22.990.00
Net Financing Active Other Cash Flow-4.50-4.500.000.000.000.000.000.000.00
Other Financing Activities Uses-4.50-4.500.000.000.000.000.000.000.00
Cash from Financing Activities-740.95-404.68-461.3699.96-339.21-136.81192.27372.21628.15
Net Change in Cash-0.710.34-0.90-1.88-12.34-0.8618.20-443.95449.94
Free Cash Flow236.2774.45361.47254.93391.43152.86151.73-266.38-87.12
Preferred Dividends (Cash Flow)--0.000.00-653.540.00-23.120.000.00
Price to Free Cash Flow---28.25-5.696.00--
Deferred Taxes & Investment Tax Credit-50.6619.50-233.402.091.860.0064.92-9.46

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments7.027.830.723.957.7410.73
Short Term Receivables365.87285.93279.81250.48255.96252.21
Inventories0.000.000.004.600.000.00
Other Current Assets55.9155.9338.2643.0151.3749.68
Total Current Assets428.81349.69318.80302.04315.07312.63
Net Property, Plant & Equipment4,063.873,993.543,948.063,937.383,891.443,811.38
Total Investments and Advances1,964.311,991.121,994.062,010.192,086.632,107.12
Intangible Assets470.53498.64528.26558.31589.70612.83
Deferred Tax Assets287.07281.57225.94373.11233.58222.76
Other Assets83.6287.9295.6289.9985.6684.28
Total Assets7,298.207,202.477,110.747,271.017,202.077,151.00
Short Term Debt Incl. Current Port. of LT Debt253.88260.50227.06208.81223.07231.78
Accounts Payable13.5148.6428.6742.0731.6136.57
Other Current Liabilities400.87203.25281.34189.62249.64233.47
Total Current Liabilities668.27512.40537.07440.50504.32501.82
Long Term Debt3,717.893,716.583,662.283,656.753,996.233,775.02
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities22.4722.8222.22197.7018.2018.19
Other Liabilities37.7238.6347.0245.6858.1245.52
Total Liabilities4,446.354,290.434,268.594,340.634,576.884,340.55
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity-1,355.17-1,185.14-1,669.23-565.38-1,775.69-1,565.66
Total Shareholders Equity-1,355.17-1,185.14-1,669.23-565.38-1,775.69-1,565.66
Accumulated Minority Interest4,207.024,097.184,511.393,495.764,400.884,376.10
Total Equity2,851.852,912.042,842.152,930.382,625.202,810.45
Total Liabilities & Stockholders Equity7,298.207,202.477,110.747,271.017,202.077,151.00
Book Value Per Share-16.84-15.01-24.26-8.82-27.70-24.64
Tangible Book Value Per Share-22.69-21.33-31.94-17.54-36.90-34.28
Full-Time Employees---500--
Price to Book Ratio-3.19-1.99-5.49-1.30-1.73-1.05
Return on Assets2.942.742.412.500.580.87
Return on Invested Capital0.931.96-0.084.630.241.07
Quick Ratio0.640.680.590.680.620.62
Current Ratio0.640.680.590.690.620.62

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income50.92123.11-5.12416.7015.5574.42
Depreciation103.80103.33101.83100.8095.4193.76
Other Funds (Non Cash)64.36-34.5185.32-416.2950.87-19.61
Funds from Operations224.61206.35181.25141.38162.91155.51
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital48.26-45.26-0.82-31.2925.21-26.44
Cash from Operating Activities272.87161.09180.43110.09188.12129.08
Capital Expenditures-143.41-115.19-89.17-140.44-171.83-135.93
Net Assets From Acquisitions0.000.000.000.000.682.22
Sale of Fixed Assets and Businesses0.010.080.040.090.040.05
Purchase or Sale of Investments-0.430.000.00504.18-0.222.20
Purchase of Investments-0.430.000.000.00-0.22-0.10
Sale Or Maturity of Investments0.000.000.00504.180.002.29
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-143.84-115.11-89.13363.84-171.33-131.47
Cash Dividends Paid-131.84-131.74-131.31-126.30-126.92-123.65
Change in Capital Stock0.000.000.00-3.45-100.00-72.55
Repurchase of Common Pref Stock0.000.000.00-3.45-100.00-72.55
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net2.0092.8736.78-343.46207.13200.48
Change in Long Term Debt2.0092.8736.78-343.46207.13200.48
Issuance of Long Term Debt136.00205.87179.88188.94350.731,943.88
Reduction of Long Term Debt-134.00-113.00-143.10-532.40-143.60-1,743.40
Net Financing Active Other Cash Flow0.000.000.00-4.500.000.00
Other Financing Activities Uses0.000.000.00-4.500.000.00
Cash from Financing Activities-129.84-38.87-94.53-477.71-19.794.28
Net Change in Cash-0.817.11-3.23-3.79-3.001.89
Free Cash Flow129.4645.9091.26-30.3516.30-6.86

Revenue breakdown

Product2024: 1.06B 2025: 1.31B
Product and Service, Other2024: 11.94M 2025: 11.67M
Service2024: 408.00M 2025: 445.50M
United States2024: 1.48B 2025: 1.76B
Consolidation, Policy2024: -52.20M 2025: -50.42M
Midstream Logistics2024: 1.47B 2025: 1.75B
Pipeline Transportation2024: 61.58M 2025: 59.99M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3010.84%6.8M62.9M1.18M
2026-10-1511.89%7.5M62.9M1.16M
2026-09-3011.53%7.2M62.5M1.08M
2026-09-159.72%6.0M62.2M1.07M
2026-08-319.44%5.9M62.1M1.05M
2026-08-1410.85%6.1M56.2M1.02M
2026-07-3111.91%5.6M47.2M1.03M
2026-07-1511.49%5.6M49.0M1.04M
2026-06-3011.91%5.8M49.0M1.12M
2026-06-1510.09%4.9M49.0M1.03M
2026-05-2910.48%5.1M49.0M1.10M
2026-05-1511.92%5.8M49.0M1.35M
2026-04-3014.59%6.7M45.9M1.34M
2026-04-1515.63%6.6M41.9M1.40M
2026-03-3113.45%5.8M43.4M1.35M
2026-03-1317.35%7.5M43.4M1.34M
2026-02-2719.38%8.4M43.4M1.32M
2026-02-1320.46%8.8M43.0M1.12M
2026-01-3018.02%7.7M42.8M1.14M
2026-01-1520.96%9.0M42.8M1.15M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call30.0021.9025.300.003.5610.000.000.929-0.1860.011
call35.0017.0020.300.002.8200.000.000.910-0.1750.013
call40.0012.0015.300.002.1650.000.000.883-0.1600.016
call45.007.0010.304.001.5625.000.000.841-0.1390.020
call50.002.705.302.730.97223.000.000.743-0.1140.027
call55.000.051.401.280.5907753.000.413-0.1070.032
call60.000.000.550.110.7272,3854.000.177-0.0880.022
call65.000.001.150.071.0383.000.000.135-0.1060.018
call70.000.001.150.001.3010.000.000.113-0.1180.016
call75.000.001.150.001.5330.000.000.100-0.1270.015
call80.000.001.250.001.7410.000.000.091-0.1340.014
put30.000.001.150.002.7750.000.00-0.059-0.1540.010
put35.000.001.150.002.1640.000.00-0.075-0.1450.012
put40.000.001.150.001.6220.000.00-0.098-0.1330.014
put45.000.001.250.251.1232.000.00-0.136-0.1160.018
put50.000.000.950.700.7303181.00-0.256-0.1170.027
put55.001.252.702.000.5865.002.00-0.586-0.1100.032
put60.005.008.000.001.1650.000.00-0.822-0.0910.022
put65.009.7013.108.441.5770.000.00-0.864-0.1070.018
put70.0014.7018.300.001.9730.000.00-0.885-0.1190.016
put75.0019.7023.300.002.2550.000.00-0.899-0.1270.015
put80.0024.7028.300.002.5060.000.00-0.908-0.1340.014

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-048-KCurrent report2026-11-04SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-268-KCurrent report2026-10-23SEC
2026-10-15SCHEDULE 13D/ASEC
2026-10-154Statement of changes in beneficial ownership of securities2026-10-13SEC
2026-10-13144Filing for proposed sale of securities under Rule 144.SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-08SEC
2026-10-13144Filing for proposed sale of securities under Rule 144.SEC
2026-10-09144Filing for proposed sale of securities under Rule 144.SEC
2026-10-08144Filing for proposed sale of securities under Rule 144.SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-07144Filing for proposed sale of securities under Rule 144.SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-10-05144Filing for proposed sale of securities under Rule 144.SEC
2026-09-24SDSpecialized Disclosure ReportSEC
2026-09-244Statement of changes in beneficial ownership of securities2026-09-22SEC
2026-09-23144Filing for proposed sale of securities under Rule 144.SEC
2026-09-22144Filing for proposed sale of securities under Rule 144.SEC
2026-09-21SCHEDULE 13D/ASEC
2026-09-214Statement of changes in beneficial ownership of securities2026-09-17SEC
2026-09-21144Filing for proposed sale of securities under Rule 144.SEC
2026-09-18144Filing for proposed sale of securities under Rule 144.SEC
2026-09-17144Filing for proposed sale of securities under Rule 144.SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-14SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC
2026-09-15144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-11001000.00K2
2026-1000131.49M8
2026-090024.88M12
2026-080059.96M15
2026-070000
2026-060000
2026-050000
2026-040053.17M6
2026-0300422.66K4
2026-0200179.40M1
2026-0100291.39K1
2025-120000
2025-11276.56K100

Institutional holders

Manager% owned
Blackstone Inc.16.19%
BlackRock, Inc.11.68%
GOLDMAN SACHS GROUP INC5.79%
VANGUARD PORTFOLIO MANAGEMENT LLC4.41%
VANGUARD CAPITAL MANAGEMENT LLC3.27%
STATE STREET CORP2.72%
CITADEL ADVISORS LLC2.49%
Invesco Ltd.2.49%
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT2.20%
COHEN & STEERS, INC.2.06%

Funds

Fund% owned
Empower High Yield Bond Fund5.56%
iShares Core S&P Small-Cap ETF4.28%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.38%
High Yield Fund2.16%
iShares Russell 2000 ETF1.83%
VANGUARD SMALL-CAP INDEX FUND1.72%
COHEN & STEERS INFRASTRUCTURE FUND INC1.68%
NYLIM Cushing MLP Premier Fund1.47%
Goldman Sachs MLP Energy Infrastructure Fund1.35%
Tortoise Energy Infrastructure Total Return Fund1.11%

OakChart. KNTK. Cached 15 minutes.