KNTK Q4 2022 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q4 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$295M+34.7% YoY

Gross Profit

$104M35.3% margin

Operating Income

$45M15.2% margin

Net Income

$48M16.4% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-9.1%

Cash Flow

Operating Cash Flow

$160M

Free Cash Flow

$112M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$5.9B

Total Liabilities

$3.6B

Stockholders' Equity

-$840M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$295M	$219M	+34.7%
Gross Profit	$104M	$46M	+128.5%
Operating Income	$45M	$5M	+756.9%
Net Income	$48M	-$6M	+917.5%

Revenue Segments

Natural Gas, NGLs and Condensate Sales

$188M64%

Gathering and Processing Services

$104M35%

Product and Service, Other

$4M1%