Kinetik Holdings Inc. (KNTK) Misses Q4 EPS by 47c, Misses on Revenue
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Kinetik Reports Fourth Quarter and Record Full Year 2024 Financial and Operating Results and Provides 2025 Guidance
February 26, 2025 4:47 PM ESTGenerated fourth quarter 2024 net income of $16.2 million and Adjusted EBITDA1 of $237.5 million Reported full year 2024 net income of $244.2 million, Adjusted EBITDA1 of $971.1 million, and Capital Expenditures2 of $264.5 million Announced bolt-on acquisition of natural gas and crude oil gathering systems primarily located in Reeves County, Texas, which closed in January 2025 (Barilla Draw) Issuing full year 2025 Guidance (2025 Guidance): Adjusted EBITDA1 guidance of $1.09 billion to $1.15 billion Capital guidance of $450 million to $540 million, including growth and maintenance Capital Expenditures2 and the previously communicated $75 million of contingent consideration tied to the final cost of the... More
