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Kinetik Holdings KNTK Midstream Logistics — Equity in earnings of unconsolidated affiliates

Other segment segments

Pipeline Transportation
$51.19M-10.9%

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CWENFlexible Generation — Equity in earnings of unconsolidated affiliates
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Other financials

Income statement

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Revenue$410.0M-7.5%
Gross profit$221.3M+0.6%
Operating income-$3.8M-120%
Net income-$1.7M-127%
EPS (diluted)-$0.07-240%

Balance sheet

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Cash & equivalents$720.0K-91.9%
Total debt$3.9B+3.6%
Total equity-$1.7B+34.5%
Total assets$7.1B+1.1%

Cash flow

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Operating cash flow$180.4M+2.0%
CapEx$83.0M+11.4%
Free cash flow$97.4M-4.8%

Valuation

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Market cap$3.69B+45.9%
Enterprise value$7.58B+16.2%
P/E21.7×-19.8×
P/S2.1×+0.6×

Profitability

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Gross margin56.6%+0.2pp
Operating margin8.2%-2.7pp
Net margin9.8%+5.1pp
FCF margin10%-21.1pp

Returns & leverage

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Return on equity-3,232.9%
Debt / equity242,364.7×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by Kinetik Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Kinetik Holdings’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001692787-26-000092
For the three months ended March 31, 2026Midstream Logistics / (In thousands)Pipeline Transportation / (In thousands)Corporate and Other(1) / (In thousands)Elimination / (In thousands)Consolidated / (In thousands)
Add back:
Other interest income167167
Gain on disposal of assets, net1919
Equity in earnings of unconsolidated affiliates51,18851,188
Deduct:
Interest expense4853,37253,420
Depreciation and amortization expenses99,4982,3296101,833
Amortization of contract costs1,9501,950

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Kinetik Holdings's midstream logistics — equity in earnings of unconsolidated affiliates?
Kinetik Holdings (KNTK) reported midstream logistics — equity in earnings of unconsolidated affiliates of $0 in Q1 2026.
What does midstream logistics — equity in earnings of unconsolidated affiliates mean?
Represents the company's proportional share of net income or loss from investments in joint ventures or entities where the company exercises significant influence but does not have a controlling interest. This metric reflects the performance of strategic partnerships and non-consolidated infrastructure assets within the midstream logistics segment.

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