<div id="readability-page-1"><p>Kinetik Holdings Inc. (NYSE:KNTK - Get Free Report) has earned an average recommendation of &#34;Moderate Buy&#34; from the thirteen analysts that are currently  covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to  the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $47.2727.</p><p>Several research analysts recently commented on the stock. Wall Street Zen lowered shares of Kinetik from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Sunday, September 28th. Jefferies Financial Group began coverage on Kinetik in a report on Tuesday, December 2nd. They set a &#34;buy&#34; rating and a $41.00 price objective for the company. Citigroup lowered their price objective on Kinetik from $55.00 to $46.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, November 21st. Royal Bank Of Canada reduced their target price on Kinetik from $52.00 to $46.00 and set an &#34;outperform&#34; rating on the stock in a research report on Wednesday, November 19th. Finally, Wolfe Research  reiterated an &#34;outperform&#34; rating and issued a $42.00 price target on shares of Kinetik in a research note on Friday, November 7th.</p><p><b>View Our Latest Analysis on KNTK</b></p><h2>Insider Activity at Kinetik</h2><p>In related news, insider Jamie Welch bought 8,000 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average cost of $34.57 per share, for a total transaction of $276,560.00. Following the purchase, the insider directly owned 3,687,791 shares of the company's stock, valued at approximately $127,486,934.87. This trade represents a 0.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.83% of the stock is owned by insiders. </p><h2>Institutional Investors Weigh In On Kinetik</h2><p>Several institutional investors and hedge funds have recently made changes to their positions in KNTK. Bell Investment Advisors Inc purchased a new position in  Kinetik during the first quarter valued at approximately $41,000.  Aster Capital Management DIFC Ltd acquired a new stake in  Kinetik during the third quarter valued at $54,000.  Advisory Services Network LLC acquired a new stake in  Kinetik during the third quarter valued at $55,000.  Chung Wu Investment Group LLC purchased a new position in  Kinetik in the second quarter valued at $56,000.  Finally, Fifth Third Bancorp increased its holdings in  Kinetik by 269.2% in the third quarter. Fifth Third Bancorp now owns 1,569 shares of the company's stock valued at $67,000 after buying an additional 1,144 shares in the last quarter. 21.11% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Kinetik Price Performance</h2><p>Shares of NYSE KNTK opened at $35.56 on Wednesday. Kinetik has a 1-year low of $31.33 and a 1-year high of $67.60. The business has a fifty day moving average price of $35.69 and a 200 day moving average price of $39.80. The stock has a market capitalization of $5.75 billion, a P/E ratio of 84.67, a price-to-earnings-growth ratio of 1.88 and a beta of 0.78. </p><p>Kinetik (NYSE:KNTK - Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.20). The company had revenue of $463.97 million during the quarter, compared to analysts' expectations of $604.57 million. Kinetik had a net margin of 6.70% and a negative return on equity of 5.74%. Kinetik's revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS. </p><h2>About Kinetik</h2> (Get Free Report)<p>Kinetik <span>NYSE: KNTK<span></span></span> is a publicly listed midstream energy company focused on the development, operation and management of natural gas infrastructure across the United States. The company's core business activities include the gathering, compression, processing, storage and transportation of natural gas, serving producers, utilities and industrial consumers. By integrating a suite of midstream services under a single platform, Kinetik aims to provide efficient, cost-effective and reliable solutions across the natural gas value chain.  </p><p>The company was established in 2021 when assets were acquired from Talen Energy by a subsidiary of ArcLight Capital Partners, forming a comprehensive portfolio of pipelines, compression facilities and underground storage assets.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Kinetik</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Trump’s “real estate deal for America” explained</li><li>A month before the crash</li><li>Trump Did WHAT??</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtOVEs?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtOVEs"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Kinetik Right Now?</h2><p>Before you consider Kinetik, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinetik wasn't on the list.</p><p>While Kinetik currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

KNTK

<p>Kinetik Holdings Inc. (NYSE:KNTK) has received a consensus "Moderate Buy" recommendation from 13 analysts, with an average target price of $47.27. The stock has mixed ratings, including hold and buy. Recent insider activity includes a purchase by Jamie Welch. Institutional investors have adjusted their positions in KNTK. The company reported lower-than-expected earnings for the last quarter, with revenue up 17.1% year-over-year. Kinetik focuses on natural gas infrastructure development and management.</p>

Kinetik Holdings Inc. (NYSE:KNTK) Receives Consensus Recommendation of "Moderate Buy" from Brokerages