There Is A Quest For Clarity Surrounding Kinetik Holdings Inc (NYSE: KNTK) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas Midstream industry segment, falling under the Energy sector. The current market capitalization of Kinetik Holdings Inc is $8.36B. A total of 0.92 million shares were traded on the day, compared to an average of 830.65K shares.

In the most recent transaction, ISQ Global Fund II GP LLC sold 3,952,431 shares of KNTK for 55.63 per share on Mar 04 ’25. After the transaction, the 10% Owner now owns 1,044,520 company shares. In a previous transaction on Mar 04 ’25, ISQ Global Fund II GP LLC bought 3,952,431 shares at 56.91 per share.

Among the insiders who sold shares, Wall Matthew disposed of 5,750 shares on Mar 28 ’24 at a per-share price of $39.82. This resulted in the insider holding 530,066 shares of KNTK after the transaction. In another insider transaction, Carpenter Todd sold 2,500 shares at $39.82 per share on Mar 28 ’24. Company shares held by the insider now total 271,162.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Kinetik Holdings Inc pays an annual dividend of $3.06, resulting in a dividend yield of 5.77%, and it has a price to earnings (P/E) ratio of 52.16.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, KNTK has a high of $67.60 and a low of $35.19.

As of this writing, KNTK has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 2.0 estimates, with a high estimate of $0.51 per share and a lower estimate of $0.4.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. KNTK’s latest balance sheet shows that the firm has $18.73M in Cash & Short Term Investments as of fiscal 2021. There were $2.37B in debt and $240.93M in liabilities at the time. Its Book Value Per Share was -$49.67, while its Total Shareholder’s Equity was $1.01B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KNTK is Buy with a score of 3.92.

Most Popular

Related Posts