KNTK Q1 2019 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q1 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$34M

Gross Profit

$34M100.0% margin

Operating Income

$4M12.5% margin

Net Income

$5M13.7% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-56.8%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$10M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$135M

Stockholders' Equity

$1.7B

Cash & Equivalents

$177M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$0	—
Gross Profit	$34M	$0	—
Operating Income	$4M	-$218,000	+2040.8%
Net Income	$5M	$1M	+288.6%

Revenue Segments

Natural Gas, Processing

$25M75%

Natural Gas, Transmission

$5M14%

Natural Gas, Gathering

$4M11%

Natural Gas Liquids

$95,0000%