KNTK Q2 2019 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q2 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$24M

Gross Profit

$24M100.0% margin

Operating Income

-$5M-20.5% margin

Net Income

-$5M-22.8% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-28.7%

Cash Flow

Operating Cash Flow

$221,000

Free Cash Flow

$221,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$202M

Stockholders' Equity

$2.2B

Cash & Equivalents

$377M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$0	—
Gross Profit	$24M	$0	—
Operating Income	-$5M	-$596,000	-729.2%
Net Income	-$5M	$1M	-564.8%

Revenue Segments

Natural Gas, Processing

$18M76%

Natural Gas, Transmission

$3M12%

Natural Gas, Gathering

$3M11%

Natural Gas Liquids

$70,0000%