Kinetik Holdings Inc 's (KNTK) Outlook

Company Name, Ticker, Customers, else..

Kinetik Holdings Inc (NYSE: KNTK)

Sector • Utilities Industry • Natural Gas Utilities

Industry • Natural Gas Utilities

Sector • Utilities

Kinetik Holdings Inc Outlook

On February 28 2024 the Kinetik Holdings Inc provided following guidance

Kinetik Holdings Inc. (NYSE: KNTK) has released its financial results for the fourth quarter and full year 2023, along with guidance for 2024. In the fourth quarter of 2023, the company processed natural gas volumes of 1.54 billion cubic feet per day (Bcf/d), and for the full year, the volume was 1.45 Bcf/d. Net income, including non-controlling interest, was reported at $267.4 million for the quarter and $386.5 million for the year.

Adjusted Earnings Before Interest and Taxes (EBIT) for the year 2023 were also positive, indicating the company's strong financial performance. Looking ahead to 2024, Kinetik Holdings Inc. provided guidance based on its performance in 2023 and market trends. The company remains optimistic about its prospects and is focused on continuing to deliver value to its shareholders. Investors can expect Kinetik to maintain its commitment to operational excellence and financial discipline in the coming year.

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.