KNTK Q1 2021 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q1 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$148M+263.3% YoY

Gross Profit

$55M37.2% margin

Operating Income

$32M21.3% margin

Net Income

$18M12.2% margin

EPS (Diluted)

$0.96

QoQ Revenue Growth

+27.6%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$21M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$906M

Stockholders' Equity

-$331M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$41M	+263.3%
Gross Profit	$55M	$41M	+35.2%
Operating Income	$32M	$19M	+69.3%
Net Income	$18M	-$35M	+151.5%

Revenue Segments

Service

$32M48%

Natural Gas, Processing

$23M35%

Natural Gas, Gathering And Compression

$4M7%

Natural Gas, Transmission

$3M5%

Product

$3M4%

Natural Gas Liquids

$528,0001%

Service, Other

$314,0000%