📊 KNTK Key Takeaways
Is Kinetik Holdings Inc. (KNTK) a Good Investment?
Kinetik exhibits critical financial distress with negative stockholders' equity of -$1.7B, severe liquidity constraints (current ratio 0.59x, only $720K cash), and inability to cover interest expenses (-0.1x coverage) on $3.7B debt. Despite positive operating cash flow of $180.4M, the company's technical insolvency and deteriorating profitability signal high bankruptcy risk.
Revenue growth and positive free cash flow indicate the assets generate cash, but earnings quality is questionable with net margin exceeding operating margin and YoY net income volatility. Weak liquidity, negative equity, and sub-1x interest coverage pose material refinancing and covenant risks that outweigh growth until leverage and coverage improve.
Why Buy Kinetik Holdings Inc. Stock? KNTK Key Strengths
- Strong revenue growth of 19% YoY to $410M demonstrates operational demand
- Positive operating cash flow of $180.4M and free cash flow of $97.4M show cash generation capability
- High free cash flow margin of 23.8% indicates efficient cash conversion from operations
- Strong revenue growth (+19% YoY)
- Positive free cash flow after substantial capex (6.3% margin)
- Solid operating cash flow ($604M) supporting reinvestment
KNTK Stock Risks: Kinetik Holdings Inc. Investment Risks
- Negative stockholders' equity of -$1.7B indicates technical insolvency and balance sheet collapse
- Critical liquidity crisis: current ratio of 0.59x with minimal cash ($720K) creates debt service risk
- Negative interest coverage ratio (-0.1x) and $3.7B debt burden with no earnings capacity to service
- Deteriorating profitability: net income declined 66.1% YoY to -$1.7M despite revenue growth
- Massive divergence between positive cash flow and negative earnings suggests unsustainable non-cash charges or structural deterioration
- Sub-1x interest coverage (0.7x) risks debt service sustainability
- Weak liquidity: current ratio 0.69x and minimal cash ($3.95M)
- Negative equity and high long-term debt ($3.65B) elevate refinancing/covenant risk and dilution potential
Key Metrics to Watch
- Stockholders' equity recovery trajectory and debt restructuring activities
- Liquidity position and cash burn rate relative to operating cash flow sustainability
- Operating margin improvement and path to positive net income
- Interest coverage ratio and debt refinancing capabilities
- Capital expenditure trends and free cash flow stability
- Interest coverage
- Current ratio
Kinetik Holdings Inc. (KNTK) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 23.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
KNTK Profit Margin, ROE & Profitability Analysis
KNTK vs Energy Sector: How Kinetik Holdings Inc. Compares
How Kinetik Holdings Inc. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Kinetik Holdings Inc. Stock Overvalued? KNTK Valuation Analysis 2026
Based on fundamental analysis, Kinetik Holdings Inc. has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Kinetik Holdings Inc. Balance Sheet: KNTK Debt, Cash & Liquidity
KNTK Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Kinetik Holdings Inc.'s revenue has grown significantly by 45% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.52 reflects profitable operations.
KNTK Revenue Growth, EPS Growth & YoY Performance
KNTK Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $410.0M | -$1.7M | $0.05 |
| Q3 2025 | $396.4M | $5.3M | $0.03 |
| Q2 2025 | $359.5M | $23.6M | $0.33 |
| Q1 2025 | $341.4M | N/A | $0.05 |
| Q3 2024 | $330.3M | $215.3M | $0.21 |
| Q2 2024 | $296.2M | $208.0M | $0.36 |
| Q1 2024 | $281.0M | $187.5M | $-0.06 |
| Q3 2023 | $325.2M | $212.4M | $0.21 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Kinetik Holdings Inc. Dividends, Buybacks & Capital Allocation
KNTK SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Kinetik Holdings Inc. (CIK: 0001692787)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 20, 2026 | 4 | xslF345X06/wk-form4_1779311194.xml | View → |
| May 20, 2026 | 4 | xslF345X06/wk-form4_1779311156.xml | View → |
| May 20, 2026 | 4 | xslF345X06/wk-form4_1779311089.xml | View → |
| May 20, 2026 | 4 | xslF345X06/wk-form4_1779311017.xml | View → |
| May 20, 2026 | 4 | xslF345X06/wk-form4_1779310959.xml | View → |
❓ Frequently Asked Questions about KNTK
What is the AI rating for KNTK?
Kinetik Holdings Inc. (KNTK) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are KNTK's key strengths?
Claude: Strong revenue growth of 19% YoY to $410M demonstrates operational demand. Positive operating cash flow of $180.4M and free cash flow of $97.4M show cash generation capability. ChatGPT: Strong revenue growth (+19% YoY). Positive free cash flow after substantial capex (6.3% margin).
What are the risks of investing in KNTK?
Claude: Negative stockholders' equity of -$1.7B indicates technical insolvency and balance sheet collapse. Critical liquidity crisis: current ratio of 0.59x with minimal cash ($720K) creates debt service risk. ChatGPT: Sub-1x interest coverage (0.7x) risks debt service sustainability. Weak liquidity: current ratio 0.69x and minimal cash ($3.95M).
What is KNTK's revenue and growth?
Kinetik Holdings Inc. reported revenue of $410.0M.
Does KNTK pay dividends?
Kinetik Holdings Inc. pays dividends, with $52.3M distributed to shareholders in the trailing twelve months.
Where can I find KNTK SEC filings?
Official SEC filings for Kinetik Holdings Inc. (CIK: 0001692787) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is KNTK's EPS?
Kinetik Holdings Inc. has a diluted EPS of $-0.07.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is KNTK a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Kinetik Holdings Inc. has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is KNTK stock overvalued or undervalued?
Valuation metrics for KNTK: ROE of N/A (sector avg: 14%), net margin of -0.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy KNTK stock in 2026?
Our dual AI analysis gives Kinetik Holdings Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is KNTK's free cash flow?
Kinetik Holdings Inc.'s operating cash flow is $180.4M, with capital expenditures of $83.0M. FCF margin is 23.8%.
How does KNTK compare to other Energy stocks?
Vs Energy sector averages: Net margin -0.4% (avg: 12%), ROE N/A (avg: 14%), current ratio 0.59 (avg: 1.3).