KNTK Q3 2020 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q3 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$40M+18.1% YoY

Gross Profit

$40M100.0% margin

Operating Income

$19M47.2% margin

Net Income

$8M19.1% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+27.1%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$844M

Stockholders' Equity

$73M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$34M	+18.1%
Gross Profit	$40M	$34M	+18.1%
Operating Income	$19M	-$7M	+387.8%
Net Income	$8M	-$21M	+136.9%

Revenue Segments

Service

$39M49%

Natural Gas, Processing

$29M36%

Natural Gas, Gathering And Compression

$5M7%

Natural Gas, Transmission

$4M5%

Product

$1M2%

Natural Gas Liquids

$708,0001%

Service, Other

$415,0001%