KNTK Q3 2019 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q3 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$34M

Gross Profit

$34M100.0% margin

Operating Income

-$7M-19.4% margin

Net Income

-$21M-61.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+40.9%

Cash Flow

Operating Cash Flow

$237,000

Free Cash Flow

$237,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$428M

Stockholders' Equity

$2.2B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$0	—
Gross Profit	$34M	$0	—
Operating Income	-$7M	-$2M	-184.1%
Net Income	-$21M	-$256,000	-8026.6%

Revenue Segments

Natural Gas, Processing

$25M74%

Natural Gas, Gathering

$5M14%

Natural Gas, Transmission

$3M10%

Natural Gas Liquids

$702,0002%