Kinetik Holdings Inc (KNTK) reported disappointing financial results for the third quarter of fiscal 2025. The company posted earnings per share (EPS) of $0.03, significantly below Wall Street's consensus estimate of $0.34, marking a shortfall of $0.31. Revenue matched expectations at $0.5 billion, but the lack of growth signals potential challenges ahead.
This earnings report provides insight into Kinetik's operational performance and financial health. The missed expectations could reflect underlying market conditions or specific business challenges. Investors are encouraged to review the full earnings release and listen to management's commentary during the upcoming earnings conference call scheduled for August 3, 2026, where they will discuss these results and the company's future outlook.
Kinetik Holdings, headquartered in Houston, Texas, specializes in oil and gas production and distribution services. The company operates in the energy sector, offering comprehensive gathering, transportation, compression, processing, and treating services for natural gas, crude oil, and water. As of now, Kinetik has a market cap of $5.5 billion and a P/E ratio of 90.39. With a dividend yield of 909.9%, the company continues to be a significant player in the energy market, employing 460 full-time workers and maintaining a strong presence in the Delaware Basin.
Looking ahead, Kinetik's upcoming earnings on May 4, 2026, are projected to yield an EPS of $0.4647 on revenue of $0.6 billion, highlighting the need for a turnaround in performance to meet investor expectations.