KNTK FY 2023 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

FY 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$1.3B+3.5% YoY

Gross Profit

$460M36.6% margin

Operating Income

$159M12.7% margin

Net Income

$386M30.8% margin

EPS (Diluted)

$2.52

Cash Flow

Operating Cash Flow

$584M

Free Cash Flow

$255M

Stock-Based Comp.

$56M

Balance Sheet

Total Assets

$6.5B

Total Liabilities

$3.9B

Stockholders' Equity

-$531M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+3.5%
Gross Profit	$460M	$412M	+11.7%
Operating Income	$159M	$150M	+5.8%
Net Income	$386M	$136M	+185.2%