(KNTK) Kinetik Holdings - Ratings and Ratios

Kinetik Holdings Inc. (NYSE:KNTK) is a midstream energy company strategically positioned in the Texas Delaware Basin, one of the most prolific hydrocarbon basins in North America. The company operates through two core segments: Midstream Logistics and Pipeline Transportation, providing critical infrastructure and services to producers and explorers in the region. Its offerings include natural gas, NGL, and crude oil gathering, transportation, compression, processing, stabilization, treating, and storage, as well as water gathering and disposal services. This integrated platform makes Kinetik a one-stop solution for operators seeking to optimize production and reduce costs in the Delaware Basin.

Founded in 2017 and headquartered in Houston, Texas, Kinetik has rapidly scaled its operations to become a key player in the midstream sector. The company’s strategic location in the Delaware Basin, coupled with its comprehensive service suite, positions it to benefit from the basin’s robust production growth and long-term drilling inventories. For investors and fund managers, Kinetik represents a compelling opportunity to gain exposure to the critical infrastructure supporting U.S. energy production. With a market capitalization of ~$3.67 billion and a forward P/E ratio of ~41.84, the company trades at a premium, reflecting its growth prospects and the essential nature of its services in the energy supply chain.