Capital investment and capacitymixed · 2 filings
“The decrease was partially offset by higher capital spending for property, plant and equipment of $8.5 million.”10-Q · May 8, 2026 ↗
Kinetik Holdings Inc.
KNTK
Market read
Kinetik Holdings Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 19 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Company+0.1% todayVolume comparison unavailable
Market group0 of 19 activeOil & Gas Midstream · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- KNTK's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if KNTK's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 19 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- KNTK's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements21
Verified relationships2
Evidence supporting the case
- Latest annual revenue changed +19.0% year over year.
- Net margin changed +4.7 percentage points in the latest annual period.
Evidence challenging the case
- Operating margin changed -2.7 percentage points in the latest annual period.
- Diluted shares increased 4.2% in the latest annual period.
Questions before a position
- P/E is 28% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 60% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
54.256m+17.6%12m+29.1%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$662.0M+61.4%$0.00—
2022-12-31$1.2B+83.3%$1.47—
2023-12-31$1.3B+3.5%$2.52—
2024-12-31$1.5B+18.0%$1.02—
2025-12-31$1.8B+19.0%$2.63+4.2%
What management says matters
Persistent and emerging business drivers
Credit and interest ratesmixed · 2 filings
“Net cash used in financing activities was $94.5 million for the three months ended March 31, 2026, which was primarily comprised of net proceeds from revolving credit facility and Amended A/R Facility of $36.8 million, fully offset by cash dividends of $131.3…”10-Q · May 8, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.9× · EV/sales 4.0×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
54.52+0.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for KNTK. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for KNTK. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind KNTK
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
PAGPPlains GP Holdings, L.P.investeeFeb 27, 2026 ▾
“On October 31, 2025, we purchased an aggregate 55 % equity interest in EPIC Crude Holdings, LP (“EPIC Crude Holdings”), which owns the EPIC Crude Oil Pipeline (“EPIC Pipeline”), from subsidiaries of Diamondback Energy, Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
KNTK is currently a Follower in the organic co-movement group Oil & Gas Midstream. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.