KNTK Q2 2021 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q2 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$136M+329.4% YoY

Gross Profit

$35M25.9% margin

Operating Income

$644,0000.5% margin

Net Income

-$15M-11.3% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$33M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$880M

Stockholders' Equity

-$506M

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$136M	$32M	+329.4%
Gross Profit	$35M	$32M	+11.0%
Operating Income	$644,000	$12M	-94.5%
Net Income	-$15M	-$847,000	-1714.2%

Revenue Segments

Service

$32M48%

Natural Gas, Processing

$24M35%

Natural Gas, Gathering And Compression

$5M7%

Natural Gas, Transmission

$3M5%

Product

$3M5%

Natural Gas Liquids

$593,0001%

Service, Other

$488,0001%