Kinetik Holdings: Upgrading To A Strong Buy Following Q2 Earnings
KNTKKinetik (KNTK) Seeking Alpha·2024-08-15 20:11

Irina Starikova Thesis In my last quarterly update on Kinetik Holdings Inc. (NYSE:KNTK), I covered in detail the potential for the company's acquisition of Durango Midstream. The stock showed modest price gains in the two months that followed, just to be wiped out with the broader market decline during the first week of August. KNTK Price Performance (Seeking Alpha) This presents an opportunity as KNTK reported an earnings beat, reporting an EPS of $0.54/share, beating estimates by $0.18/share. This perform ...