KNTK Q2 2020 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q2 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$32M+31.0% YoY

Gross Profit

$32M100.0% margin

Operating Income

$12M37.0% margin

Net Income

-$847,000-2.7% margin

EPS (Diluted)

$-0.23

QoQ Revenue Growth

-22.4%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$17M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$749M

Stockholders' Equity

$70M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$24M	+31.0%
Gross Profit	$32M	$24M	+31.0%
Operating Income	$12M	-$5M	+337.0%
Net Income	-$847,000	-$5M	+84.6%

Revenue Segments

Natural Gas, Processing

$23M73%

Natural Gas, Gathering And Compression

$4M14%

Natural Gas, Transmission

$3M10%

Natural Gas Liquids

$587,0002%

Product and Service, Other

$225,0001%