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How to Buy Kinetik Holdings Stock

Kinetik Holdings Inc

Altus Midstream Co, formerly Kayne Anderson Acquisition Corp. , is a pure-play, Permian Basin midstream C-corporation.

Kinetik Holdings stock last closed at $38.56, down 1.18% from the previous day, and has increased 24.35% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.07 percentage points. Kinetik Holdings stock is currently +46.53% from its 52-week low of $26.32, and -4.6% from its 52-week high of $40.42.

At the moment, there are 151.21M KNTK shares outstanding. The market cap of KNTK is $5.83B. In the past 24 hours, 533,712 KNTK shares were traded.

How to Buy Kinetik Holdings Stock

Not sure how to invest in Kinetik Holdings stock? Here's how.
  1. Decide where to buy Kinetik Holdings stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Kinetik Holdings stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Select your method of payment and add your information.
  4. Research Kinetik Holdings stock: The Kinetik Holdings ticker symbol is KNTK. Is Kinetik Holdings stock a good investment? Should you buy shares of KNTK? How do KNTK's underlying business fundamentals look? Do top analysts think Kinetik Holdings is a good buy? Why has KNTK's stock price moved recently? (Hint: Our stock market research website can help you decide if KNTK is a good stock to buy).
  5. Make your KNTK purchase: Decide if you will purchase KNTK shares at the current market price or use a limit order to purchase KNTK stock at a given price.
  6. Keep an eye on your investment in KNTK: Create a watchlist to monitor your position in Kinetik Holdings shares.

Step 1: Decide where to buy Kinetik Holdings stock

You will need a brokerage account in order to access the NYSE market and buy KNTK shares.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to buy KNTK today.

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Step 3: Put funds into your brokerage account

Now that you have opened your account on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:

Check out this video walkthrough if you need help depositing money into your brokerage account.

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Step 4: Research Kinetik Holdings stock

After you have decided on the best place to buy Kinetik Holdings stock, it's critical to research their stock prior to buying, so you actually comprehend the risk as well as the upside.

Kinetik Holdings Metrics

KNTK Price
$38.56
1w %
0.21%
1y %
24.35%
5y %
-28.19%
P/E
7.34x
P/B
-10.98x
P/S
1.59x
PEG
N/A
Revenue
$1.26B
Earnings
$386.45M
Fore. Rev. Growth
26.56%
Fore. Earn. Growth
-38.1%
Market Cap
$5.83B
Next Earnings
May 9, 2024
Next Dividend
May 9, 2024

KNTK Fundamentals

WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on KNTK's stock page.

What is the fair value of KNTK stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KNTK's intrinsic value.

Using relative valuations methods:

  • KNTK may be undervalued based on its P/E ratio of 7.34x, relative to Oil & Gas Midstream industry P/E ratio of 14.02x

You can do additional valuation research on KNTK's stock here.

KNTK Financial Health Overview

Positive Financial Indicators:

  • KNTK profit margin has gone up from 11.2% to 30.8% in the past year.
  • There are more short-term assets than short-term liabilities on the KNTK balance sheet.

Negative Financial Indicators:

  • KNTK debt to equity ratio of -7.29 is negative.
  • KNTK's operating cash flow of $584.48M allows it to safely service it's debt of $3.60B.
  • Total KNTK debt is still negative.
  • KNTK earnings of $359.40M is not sufficient to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the KNTK balance sheet.

Is it a good time to buy KNTK stock, according to analysts?

Out of 5 Wall Street analysts who research KNTK, the consensus analyst rating on KNTK is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Kinetik Holdings stock forecast page.

KNTK Technical Indicators

SMA10
38.8
SMA20
39.11
SMA50
36.72
SMA100
35.13
SMA200
35.17
MACD
0.49
MACD Signal
0.71
MACD Histogram
-0.22
RSI
53.57
Stochastic %K
45.46
Stochastic %D
42.86
StochRSI %K
22.83
StochRSI %D
22.1

KNTK Earnings

Last year, KNTK earnings were $386.45M. During the last 1 years, KNTK's earnings have gone up by 257.14% per year. This was faster than the Oil & Gas Midstream industry average of 21.12%.

Last year, KNTK revenue was $1.26B. In the past 5 year, KNTK's revenue has grown by 74.91% per year. This was faster than the Oil & Gas Midstream industry average of 7.44%.

You can analyze KNTK's earnings and revenue performance here.

Latest Insiders Trades at KNTK

Over the last 12 months, insiders at KNTK have sold more shares than they have bought.

Todd Carpenter, General Counsel Assistant Secretary Chief Compliance Officer of KNTK, was the latest KNTK insider to sell. They sold $99,550.00 worth of KNTK stock on Mar 28, 2024.

Get more info about who owns KNTK shares here.

Can I get consistent income from KNTK stock?

Kinetik Holdings pays a dividend of 7.78%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.94%. If you owned $1,000 of KNTK stock, you would have been paid $77.80 last year.

Dig into more info about Kinetik Holdings dividend yield and history here.

Get opinions from other investors

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Step 5: Make your KNTK purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, place a limit order.

Click the Open button and your broker will place the order.

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Step 6: Keep an eye on your investment in KNTK

Now that you own some shares in KNTK, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to track the latest developments regarding your KNTK stock.

KNTK Feed

How to Buy Stock in Kinetik Holdings

To summarize, here are the 6 steps for buying Kinetik Holdings stock:

  1. Decide where to buy Kinetik Holdings stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Research Kinetik Holdings stock
  5. Make your KNTK purchase
  6. Keep an eye on your investment in KNTK

If you are looking for a place to buy stocks, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Kinetik Holdings, click the button below.

NYSE: KNTK
$38.56-0.46 (-1.18%)
Updated Apr 23, 2024
Open eToro Account
NYSE: KNTK
$38.56-0.46 (-1.18%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Kinetik Holdings share?

As of Apr 23, 2024, it costs $38.56 to buy one share of Kinetik Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.259 shares of KNTK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Kinetik Holdings stock?

According to 5 Wall Street analysts who monitor Kinetik Holdings, their consensus recommendation is to buy Kinetik Holdings stock.

What is the best way to buy Kinetik Holdings stock?

One way to place an order for Kinetik Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.