NYSE$KNTK

Kinetik Holdings Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

KNTK Q2 2024 — $54.7M revenue, 23.00 EPS

Key factors that could cause actual results to differ materially from our expectations include, but are not limited to, assumptions about:. Kinetik Holdings Inc reported Q2 2024 results. Diluted EPS came in at $23.00. Net income of $68.4M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $54.7M.
  • Diluted EPS: $23.00.
  • Net income: $68.4M.
  • Operating income: $57K.

Headline financials

Total Revenue

$359M

Previous: $296M+21.4%
EPS

$0.54

Previous: $0.41+31.7%
Capital Expenditures

-$97.4M

Previous: -$160M+39.2%
Free Cash Flow

$137M

Previous: $47.8M+186.6%
Net Income

$234M

Previous: $208M+12.7%
Operating Income

$56.6M

Previous: $37.5M+51.1%
Gross Profit

-$147M

Previous: -$110M-32.6%
Cash & Equivalents

$12.5M

Previous: $2.24M+461.0%
Total Assets

$6.86B

Previous: $6.23B+10.2%
Stock-Based Comp

$15.1M

Previous: $13.3M+13.8%

Revenue & EPS history

Kinetik · Revenue · Quarterly

$359M

Q2 2024+21.4%vs Q2 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+4.6%

Avg return

Earnings day

+6.3%

Avg return

5 days after

+11.0%

Avg return

30 days after

37%

13 / 35 earnings

Positive

+208.5%

Q3 2020

Best reaction

-15.3%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%+1.3%-6.7%
Q4 2025+8.0%+6.7%+11.7%
Q3 2025-8.0%-6.2%-1.2%
Q1 2025+5.0%+11.5%+9.2%
Q4 2024-4.1%-6.1%-12.3%
Q3 2024+12.9%+15.1%+16.4%
Q2 2024+2.2%+0.9%+9.0%
Q1 2024-0.6%+1.4%+1.7%
Q4 2023+6.5%+5.2%+20.2%
Q3 2023-3.1%-1.3%-2.8%
Q2 2023-2.4%+0.1%-6.5%
Q1 2023-7.0%+0.8%+11.1%
Q4 2022+1.6%+7.4%+5.5%
Q3 2022-5.7%-6.8%-14.7%
Q2 2022-2.4%-1.1%-9.5%
Q1 2022+5.1%+8.5%+23.6%
Q4 2021-6.0%-1.7%+4.6%
Q3 2021+1.4%+4.9%+5.9%
Q2 2021-1.2%+0.9%-1.2%
Q1 2021-2.8%+0.5%+2.2%
Q4 2020-0.6%-8.4%-4.5%
Q3 2020+208.5%+236.2%+402.1%
Q2 2020+18.0%+19.2%+5.0%
Q1 2020-0.8%-7.6%+43.9%
Q2 2019-15.3%-23.7%-44.9%
Q4 2019-14.8%-14.8%-66.3%
Q3 2019-4.3%+0.4%-16.1%
Q1 2019+1.2%-1.4%-10.9%
Q4 2018-9.3%-8.5%-3.6%
Q2 2018-9.3%-8.5%-3.6%
Q4 2017-9.3%-31.3%-26.5%
Q3 2018-0.6%
Q1 2018-0.9%
Q2 2017+0.4%
Q3 2017-0.1%
Q1 2017

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