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Companies / Utilities / Kinetik Holdings Inc.
KNTK

Kinetik Holdings Inc.

UtilitiesElectric, Gas & Water
Ticker KNTKHOUSTON, TXFiscal year ends DecemberBook value per share $-16.59Diluted shares 71.4M

Kinetik Holdings, Inc. (NYSE: KKR) operates as an integrated midstream energy company providing comprehensive gathering, transportation, compression, processing, and treating services primarily in the Permian Basin. The company maintains a strategic operational headquarters in Midland, Texas, with corporate offices in… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.76B
+19.0% year over year
Last 12 mo $1.89B
9.35%
−2.7 percentage points
Last 12 mo 10.52%
$525.93M
+115.3% year over year
Last 12 mo $550.24M
-31.53%
−28.8 percentage points
Last 12 mo -16.57%
Cash & financing
$604.12M
−5.2% year over year
Last 12 mo $639.73M
$74.45M
−79.4% year over year
Last 12 mo $123.11M
-6.71
Was -1.18× a year earlier
Last 12 mo -3.31
62.7M
+4.2% year over year
Last 12 mo 71.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Kinetik Holdings Inc. does

In the company’s own words

Kinetik Holdings, Inc. (NYSE: KKR) operates as an integrated midstream energy company providing comprehensive gathering, transportation, compression, processing, and treating services primarily in the Permian Basin. The company maintains a strategic operational headquarters in Midland, Texas, with corporate offices in Houston, and employs more than 500 employees across its operations.

The company operates through two reportable segments: Midstream Logistics and Pipeline Transportation. The Midstream Logistics segment delivers gas gathering and processing services, crude oil gathering and stabilization services, and produced water gathering and disposal. This segment operates over 4,200 miles of low and high-pressure steel pipeline throughout the Delaware Basin with more than 825,000 horsepower of compression capacity. The company operates eight cryogenic processing complexes with combined capacity exceeding 2.4 billion cubic feet per day, positioning it as the fourth largest natural gas processor in the Delaware Basin and fourth largest across the entire Permian Basin. Crude oil operations are centralized at two terminals with approximately 280 miles of gathering pipeline and 90,000 barrels of storage capacity. Water disposal operations include approximately 370 miles of gathering pipeline with 580,000 barrels per day of permitted disposal capacity.

The Pipeline Transportation segment consists of equity interests in two long-term contracted pipelines transporting natural gas, natural gas liquids, and crude oil from the Permian Basin to U.S. Gulf Coast and Mexico markets. The company holds a 55.5% interest in Permian Highway Pipeline, a 33% interest in Shin Oak through Breviloba LLC, and operates wholly owned pipelines including the Kinetik NGL Pipeline System, Brandywine Pipeline, and Delaware Link Pipeline. The company is constructing the Eddy County Culberson Connector Pipeline, expected to reach service in the second quarter of 2026.

In January 2025, the company completed the acquisition of Barilla Draw and RC Permian Gathering for $175.5 million. In October 2025, the company sold its 27.5% interest in EPIC for $504.2 million in upfront cash consideration, recognizing a net gain of $415.4 million. The company maintains a commitment to sustainability, with over 50% of its debt instruments linked to sustainability performance targets related to greenhouse gas and methane emission intensity.

Company details
Sector
Utilities
Industry
Electric, Gas & Water
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1692787
SIC
4922

Financial performance, year by year

Fiscal 2017–2025 · USD
$-1.66B$-693.96M$273.45M$1.24B$2.21B201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Kinetik Holdings Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

284
funds hold it
0 of 35
superinvestors hold it
$1.39B
held by funds, at market
36.0%
of shares held by funds

Largest fund holders · Kinetik Holdings Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.14%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets
1.91%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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