Kinetik Holdings Inc. (KNTK)

Kinetik Holdings, Inc. provides oil and gas production and distribution services. It operates through the Midstream Logistics and Pipeline Transportation segments. The Midstream Logistics segment is involved in the following service offerings: gas gathering and processing, crude oil gathering, stabilization and storage services, and water gathering and disposal. The Pipeline Transportation segment focuses on the equity investment interests in four Permian Basin pipelines that access various points along the Texas Gulf Coast, Brandywine NGL Pipeline, and the Delaware Link Pipeline that is under development. The company was founded in 2012 and is headquartered in Houston, TX.

Address

2700 POST OAK BLVD.
HOUSTON, TX 77056

Founded

2012

Number of Employees

330

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - - - $5,757 - $5,757
Average Price - - - - - - - - - $29.65 - $29.65
# Shares Purchased - - - - - - - - - 194,174 - 194,174
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - - - 48.4% - 48.4%
S&P 500 Return to Date - - - - - - - - - 31.3% - 31.3%
Excess Total Return - - - - - - - - - 17.1% - 17.1%
Quartile Rank
Percentile Rank - - - - - - - - - 83% - 70%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.