Kinetik Historical Income Statement

KNTK Stock  USD 58.66  0.50  0.85%   
Historical analysis of Kinetik Holdings income statement accounts such as Income Before Tax of 161.2 M can show how well Kinetik Holdings performed in making a profits. Evaluating Kinetik Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kinetik Holdings's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kinetik Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kinetik Holdings is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetik Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.

About Kinetik Income Statement Analysis

Kinetik Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kinetik Holdings shareholders. The income statement also shows Kinetik investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kinetik Holdings Income Statement Chart

At this time, Kinetik Holdings' Gross Profit is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 175.9 M this year, although the value of Total Revenue will most likely fall to about 705.9 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kinetik Holdings. It is also known as Kinetik Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Kinetik Holdings income statement and represents the costs associated with goods and services Kinetik Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Kinetik Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kinetik Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetik Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.At this time, Kinetik Holdings' Gross Profit is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 175.9 M this year, although the value of Total Revenue will most likely fall to about 705.9 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses131.0M248.5M300.5M155.4M
Cost Of Revenue477.2M801.9M796.7M500.8M

Kinetik Holdings income statement Correlations

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0.03-0.08-0.03-0.040.040.05-0.94-0.090.10.010.15-0.020.07-0.060.090.540.27-0.030.08-0.07
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0.90.740.120.190.050.890.150.840.951.00.97-0.05-0.56-0.85-0.840.060.730.86-0.830.79
0.230.360.110.14-0.940.230.150.380.170.180.10.03-0.24-0.21-0.36-0.53-0.030.3-0.360.33
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0.880.730.140.210.010.871.00.180.820.930.94-0.01-0.54-0.82-0.830.060.730.85-0.820.78
0.910.780.070.150.150.920.970.10.870.960.94-0.13-0.61-0.9-0.860.050.740.87-0.830.82
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-0.84-0.810.130.04-0.06-0.89-0.85-0.21-0.86-0.85-0.82-0.90.350.540.84-0.03-0.58-0.820.85-0.74
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-0.060.210.310.290.54-0.010.06-0.53-0.140.120.060.050.3-0.01-0.03-0.10.490.24-0.2-0.13
0.740.790.650.690.270.750.73-0.030.720.860.730.740.49-0.52-0.58-0.820.490.89-0.840.72
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0.970.880.390.5-0.070.960.790.330.970.840.780.820.19-0.83-0.74-0.94-0.130.720.8-0.86
Click cells to compare fundamentals

Kinetik Holdings Account Relationship Matchups

Kinetik Holdings income statement Accounts

201920202021202220232024 (projected)
Interest Expense133.5M135.5M117.4M149.3M199.7M112.5M
Selling General Administrative22.6M20.9M28.6M94.3M97.9M102.8M
Operating Income(8.3M)(4.6M)121.1M93.8M159.3M167.2M
Income Before Tax(140.1M)(1.2B)3.3M253.3M153.5M161.2M
Net Income Applicable To Common Shares(369.7M)1.6M(13.9M)40.7M46.8M49.2M
Net Income(144.4M)(1.2B)1.5M250.7M289.4M303.9M
Tax Provision64.9M(696K)1.9M2.6M2.4M2.3M
Total Revenue378.7M410.2M662.0M1.2B1.3B705.9M
Gross Profit105.8M121.4M184.9M411.6M459.7M482.7M
Other Operating Expenses389.2M415.1M608.2M1.1B1.1B653.6M
Net Income From Continuing Ops(1.3B)80.5M99.2M250.7M167.6M175.9M
Ebit(8.3M)83.2M120.7M402.6M364.0M382.2M
Ebitda194.3M99.1M364.3M662.9M645.0M323.0M
Cost Of Revenue272.9M288.8M477.2M801.9M796.7M500.8M
Total Operating Expenses116.3M126.3M131.0M248.5M300.5M155.4M
Total Other Income Expense Net(131.7M)(1.2B)(117.7M)102.8M(5.7M)(6.0M)
Income Tax Expense4.4M968K1.9M2.6M(232.9M)(221.3M)
Net Interest Income1.8M(2.2M)(113.2M)(148.8M)(185.2M)(176.0M)
Interest Income3.6M9K4.1M489K1.9M1.5M
Depreciation And Amortization202.7M15.9M243.6M260.3M281.0M205.4M
Reconciled Depreciation41.5M15.9M243.6M260.3M276.0M157.2M

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When determining whether Kinetik Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kinetik Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kinetik Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Kinetik Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinetik Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Kinetik Stock please use our How to buy in Kinetik Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinetik Holdings. If investors know Kinetik will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinetik Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.672
Dividend Share
3.03
Earnings Share
2.97
Revenue Per Share
24.799
Quarterly Revenue Growth
0.2
The market value of Kinetik Holdings is measured differently than its book value, which is the value of Kinetik that is recorded on the company's balance sheet. Investors also form their own opinion of Kinetik Holdings' value that differs from its market value or its book value, called intrinsic value, which is Kinetik Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinetik Holdings' market value can be influenced by many factors that don't directly affect Kinetik Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinetik Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinetik Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinetik Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.