KNTK Q4 2024 Earnings — Kinetik Holdings Inc. Revenue & Financial Results | Market Cap Arena

KNTKKinetik Holdings Inc.

$3B

Q4 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$386M+10.6% YoY

Gross Profit

$122M31.6% margin

Operating Income

$24M6.1% margin

Net Income

$16M4.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$144M

Free Cash Flow

$32M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$3.8B

Stockholders' Equity

-$3.0B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$386M	$349M	+10.6%
Gross Profit	$122M	$135M	-9.4%
Operating Income	$24M	$56M	-57.8%
Net Income	$16M	$267M	-93.9%

Revenue Segments

Natural Gas, NGLs and Condensate Sales

$536M72%

Gathering and Processing Services

$203M27%

Product and Service, Other

$6M1%