KNTK FY 2019 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

FY 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$379M-33.7% YoY

Gross Profit

$106M27.9% margin

Operating Income

-$12M-3.2% margin

Net Income

-$144M-38.1% margin

EPS (Diluted)

$-3.82

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

-$312M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$598M

Stockholders' Equity

-$353M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$379M	$571M	-33.7%
Gross Profit	$106M	$39M	+173.3%
Operating Income	-$12M	-$26M	+54.3%
Net Income	-$144M	-$109M	-32.5%